Summary of James Stewart Martin's All Honorable Men

By IRB Media

Please note: This is a companion version & not the original book. Book Preview:

#1 Termites are an example of an organization that is able to adapt to change. They are small in size compared to the house they occupy, and they fiercely resist any outside interference. They object to changes in their environment because exposure to light and air kills them, and any movement of the underpinnings ruins the whole structure of tunnels and channels.

#2 The growing belief that these private international arrangements were important was highlighted when I met with German ex-chancellor Heinrich Brüning in 1940. He explained how he had been deposed due to the pressure of economic forces, and how he had never understood Thucydides’s classic history of the Peloponnesian War until then.

#3 The German economy was run by Dr. Brüning, who showed no concern for the large German industrial corporations. He blamed the depression on the activities of the German wine growers, who were unable to export their products.

#4 The idea of economic warfare seemed simple enough. Germany and Japan were enemy nations. To produce war materials and keep their people alive, they had to get some kinds of goods from territory outside their armies’ control.

• Language: English
• Publisher: IRB Media
• Release date: Aug 6, 2022
• ISBN: 9798822582842

IRB Media

With IRB books, you can get the key takeaways and analysis of a book in 15 minutes. We read every chapter, identify the key takeaways and analyze them for your convenience.

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Insights on James Stewart Martin's All Honorable Men

Contents

Insights from Chapter 1

Insights from Chapter 2

Insights from Chapter 1

#1

Termites are an example of an organization that is able to adapt to change. They are small in size compared to the house they occupy, and they fiercely resist any outside interference. They object to changes in their environment because exposure to light and air kills them, and any movement of the underpinnings ruins the whole structure of tunnels and channels.

#2

The growing belief that these private international arrangements were important was highlighted when I met with German ex-chancellor Heinrich Brüning in 1940. He explained how he had been deposed due to the pressure of economic forces, and how he had never understood Thucydides’s classic history of the Peloponnesian War until then.

#3

The German economy was run by Dr. Brüning, who showed no concern for the large German industrial corporations. He blamed the depression on the activities of the German wine growers, who were unable to export their products.

#4

The idea of economic warfare seemed simple enough. Germany and Japan were enemy nations. To produce war materials and keep their people alive, they had to get some kinds of goods from territory outside their armies’ control.

#5

I worked with members of the Antitrust Division in setting up a section in the Department of Justice to work with the newly created Board of Economic Warfare. We set up field offices in principal cities, and tried to find out which American companies had agreements with which Japanese or German companies.

#6

The American government had a difficult time finding bottlenecks in German production, as there were many complicated international business agreements that restricted production. But they did find a close relationship between international business agreements and the kinds of products that were especially critical in wartime.

#7

The American government found that the German government was able to get magnesium for their planes, which they needed for the war, from American businesses, and this helped the German government win the war.

#8

The end of the antitrust case against the German companies was the result of pressure from the War and Navy Departments and the War Production Board. The three men who had signed the certification needed to stop the case from being enforced were Robert P. Patterson, Undersecretary of War; James V. Forrestal, Undersecretary of the Navy; and John Lord O’Brian, General Counsel of the War Production Board.

#9

The American government believed that the German monopolistic firms were used by the German government to restrict American production and gain from us technical know-how.

#10

The American government wanted to break the power of the German monopolistic firms, which were a threat to the future peace of the world.

#11

The Battle of the Bulge was just over, and the German juggernaut was grinding to a halt. The Americans were tired of trade barriers, restrictions, and nations playing their cards close to the chest. They wanted to know how the German leaders were smuggling great fortunes abroad to provide a future base of operations after the coming military defeat.

#12

German finance and industry had expanded their influence throughout Europe after