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Then Garner began to chuckle, his face got red, and he said, “Well, of course, it'll put a lot of people in a very embarrassing position, Mr. President.”

The President looked solemn and said, “Well, I don't think so. I don't think anybody who's doing the right thing by his country will be embarrassed by this at all.”

We had previously talked about the children who had ten dollar gold pieces given to them by their grandfathers, about whether they had to turn those in.

Garner then said, “Well, you know, one of our great friends has got a great hoard of gold.”

Then I, or somebody at the table, piped up and said, “Who's that?”

“Baruch. I understand Baruch's got a whole bankful of gold bricks.”

The moment he said that it clicked in my mind. I said to myself, “This is why Mr. Baruch couldn't tell the President about Hugh Johnson.” I knew intuitively that was it, because it was the only thing that was of the slightest embarrassment between them. That passed. It was terribly hard on Baruch.

Bernard Baruch likes to be a benefactor. He likes to help people. In the role of benefactor I think he's probably at his best. He enjoys himself the most and he





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