THIS DAY IN HISTORY – Bernard Baruch coins the term “Cold War” – 1947

Via History.com

Multimillionaire and financier Bernard Baruch, in a speech given during the unveiling of his portrait in the South Carolina House of Representatives, coins the term “Cold War” to describe relations between the United States and the Soviet Union. The phrase stuck, and for over 40 years it was a mainstay in the language of American diplomacy.

Baruch had served as an advisor to presidents on economic and foreign policy issues since the days of Woodrow Wilson. In 1919, he was one of the U.S. advisers at the Paris Peace Conference that ended World War I. During the 1930s, he frequently advised Franklin D. Roosevelt and members of Congress on international finance and issues of neutrality. After World War II, he remained a trusted adviser to the new administration of Harry S. Truman.

His speech in April 1947, however, was given in a completely different context. A portrait of the native South Carolinian was to be hung in the state’s House of Representatives, and Baruch was invited for its unveiling. Most guests expected that he would give a brief talk, but Baruch instead launched into a scorching attack on the industrial labor problems in the country. It was only through “unity” between labor and management, he declared, that the United States could hope to play its role as the major force by which “the world can renew itself physically or spiritually.”

He called for longer workweeks, no-strike pledges from unions, and no-layoff pledges from management. It was imperative that American business and industry pull itself together, Baruch warned. “Let us not be deceived—we are today in the midst of a cold war. Our enemies are to be found abroad and at home. Let us never forget this: Our unrest is the heart of their success. The peace of the world is the hope and the goal of our political system; it is the despair and defeat of those who stand against us. We can depend only on ourselves.”

The term “Cold War” was instantly embraced by American newspapers and magazines as an apt description of the situation between the United States and the Soviet Union: a war without fighting or bloodshed, but a battle nonetheless.

-----------------------------------------------------
It is my sincere desire to provide readers of this site with the best unbiased information available, and a forum where it can be discussed openly, as our Founders intended. But it is not easy nor inexpensive to do so, especially when those who wish to prevent us from making the truth known, attack us without mercy on all fronts on a daily basis. So each time you visit the site, I would ask that you consider the value that you receive and have received from The Burning Platform and the community of which you are a vital part. I can't do it all alone, and I need your help and support to keep it alive. Please consider contributing an amount commensurate to the value that you receive from this site and community, or even by becoming a sustaining supporter through periodic contributions. [Burning Platform LLC - PO Box 1520 Kulpsville, PA 19443] or Paypal

-----------------------------------------------------
To donate via Stripe, click here.
-----------------------------------------------------
Use promo code ILMF2, and save up to 66% on all MyPillow purchases. (The Burning Platform benefits when you use this promo code.)
Click to visit the TBP Store for Great TBP Merchandise
As an Amazon Associate I Earn from Qualifying Purchases
Subscribe
Notify of
guest
2 Comments
bob
bob
April 16, 2019 7:56 am

So that guy named it the cold war. No credit for the nazis that took over the US (Bush dynasty) and invented the cold war for the purpose of growing the military industrial complex and the police state?

Pequiste
Pequiste
April 16, 2019 10:37 am

Funny joke here and I get it:

“Bernard Baruch coins….”