Henry Morgenthau Jr. could have earned his place in history solely as an effective secretary of the Treasury through virtually all of Franklin D. Roosevelt's administrations. But neither man felt inhibited by job descriptions. Roosevelt frequently called upon the loyal Morgenthau for important special assignments in both domestic and international arenas. Morgenthau's meticulously prepared daily diaries reflect his wide and varied interests: U.S. and international economics; government's responsibility to its citizens; social reform; preparations for war; and refugees and displaced persons, particularly European Jews.
Depression and the New Deal highlights Morgenthau's views on the "three R's" of the New Deal--Relief, Recovery, and Reform. In addition, many items in this collection concern international financial, political, and military matters.