The 1944 Bretton Woods Conference recommended the "liquidation of the Bank for International Settlements at the earliest possible moment". This resulted in the BIS being the subject of a disagreement between the U.S. and British delegations. The liquidation of the bank was supported by other European delegates, as well as Americans (including Harry Dexter White and Secretary of the Treasury Henry Morgenthau Jr.).United Nations Monetary and Financial Conference, Final Act, Article IV. London, 1944. Abolition was opposed by John Maynard Keynes, head of the British delegation.
The 1944 Bretton Woods Conference recommended the "liquidation of the Bank for International Settlements at the earliest possible moment". This resul?ted in the BIS being the subject of a disagreement between the U.S. and British delegations. The liquidation of the bank was supported by other European delegates, as well as Ame?ricans (including Harry Dexter White and Secretary of the Treasury Henry Morgenthau Jr.).United Nations Monetary and Financial Conference, Final Act, Article IV. London, 1944. Abolition was opposed by J:ohn Maynard Keynes, head of the British delegation.