Quotation by Bernard Baruch

Let us not be deceived—we are today in the midst of a cold war.
Bernard Baruch (1870–1965), U.S. financier. Speech, April 16, 1947, South Carolina Legislature, Columbia. Quoted in New York Times (April 17, 1947).

A year later Baruch told the Senate War Investigating Committee, "We are in the midst of a cold war which is getting warmer." Baruch claimed the expression had been suggested to him by his speechwriter (and former editor of the New York World), Herbert Bayard Swope.
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