Economic Diplomacy
A lifelong Democrat, Acheson worked at a law firm in Washington D.C., Covington & Burling, often dealing with international legal issues before Franklin Delano Roosevelt appointed him Undersecretary of the United States Treasury in 1933. When Secretary William H. Woodin fell ill, Acheson suddenly found himself acting secretary despite his ignorance of finance. Because of his opposition to FDR's plan to inflate the dollar by controlling gold prices, he was forced to resign in November 1933 and resumed his law practice. In 1939-1940 he headed a committee to study the operation of administrative bureaus in the federal government.
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