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While he was gone Acheson used those frozen properties to deny Japan oil. Upon the president's return, he decided it would appear weak and calming to reverse the de facto oil embargo. In 1944, Acheson participated in the Bretton Woods Conference as the head delegate from the State department. At this conference the post-war international economic structure was created.

Cold War diplomacy [edit] Later on, in 1945, Harry S. Truman picked Acheson as the Undersecretary of the United States Department of State; he kept this position working under Secretaries of State Edward Stettinius, Jr., James F. Byrnes, and George Marshall. And, as late as 1945 or 1946 Acheson sought dtente with the Soviet Union.

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In the beginning Acheson was conciliatory towards Joseph Stalin. The Soviet Union's attempts at local hegemony in Eastern Europe and in Southwest Asia, nevertheless, altered Acheson's thinking. From  This Piece Covers It Well , one historian writes, "Acheson was more than 'present at the production' of the Cold War; he was a main architect." Acheson often discovered himself acting secretary throughout the secretary's regular abroad trips, and during this period he sealed a close relationship with President Truman.

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Acheson designed the economic aid program to Europe that became known as the Marshall Plan. Acheson believed the very best way to include Stalin's Communism and prevent future European conflict was to bring back economic prosperity to Western Europe, to motivate interstate cooperation there, and to help the U.S. economy by making its trading partners richer.

Acheson (5th from right) as the Secretary of State, with the meeting of Truman cabinet, (August 25, 1950) In 1949, Acheson was appointed secretary of state. In this position he constructed a working framework for containment, very first formulated by George Kennan, who functioned as the head of Acheson's Policy Preparation Staff.

The development of NATO was a significant departure from historic American diplomacy objectives of preventing any "entangling alliances." The White Paper Defense [modify] During the summer of 1949, after the unanticipated Democratic victory in the 1948 elections did not quiet the concern "Who Lost China?", Acheson had the State Department produce a research study of recent Sino-American relations.