World War II
Brought back as assistant secretary of state in 1941, Acheson implemented much of United States economic policy aiding Great Britain and harming the Axis Powers. Acheson implemented the Lend-Lease policy that helped re-arm Great Britain and the American/British/Dutch oil embargo that cut off 95 percent of Japanese oil supplies and escalated the crisis with Japan in 1941.
In 1944, Acheson attended the Bretton Woods Conference as the head delegate from the State department. At this conference the post-war international economic structure was designed. The conference was the birthplace of the International Monetary Fund, the World Bank, and the General Agreement on Tariffs and Trade, the last of which would evolve into the World Trade Organization.
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Famous quotes containing the words world war, world and/or war:
“One ... aspect of the case for World War II is that while it was still a shooting affair it taught us survivors a great deal about daily living which is valuable to us now that it is, ethically at least, a question of cold weapons and hot words.”
—M.F.K. Fisher (1908–1992)
“This might be the end of the world. If Joe lost we were back in slavery and beyond help. It would all be true, the accusations that we were lower types of human beings. Only a little higher than apes. True that we were stupid and ugly and lazy and dirty and, unlucky and worst of all, that God Himself hated us and ordained us to be hewers of wood and drawers of water, forever and ever, world without end.”
—Maya Angelou (b. 1928)
“The war on privilege will never end. Its next great campaign will be against the privileges of the underprivileged.”
—H.L. (Henry Lewis)