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Morgenthau plan


Subject History

DOI: 10.1111/b.9781405189224.2011.x


Extract

Scheme outlined in September 1944 by the US Treasury, under Henry Morgenthau Jr, with a view to ensuring that at the end of world war ii the German economy would be largely de-industrialized. At their Quebec conference (held in the same month) President F.D. Roosevelt and churchill showed some enthusiasm for such “pastoralization.” However, by early 1945 they were shifting towards a less crudely punitive approach, not least out of concern lest the USA and the UK should find themselves facing a long-term need to subsidize the people of defeated Germany. ... log in or subscribe to read full text

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