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*13 August Harry Dexter White, the first head of the [[International Monetary Fund]], a keystone post war institution, denies charges he is a Soviet agent before HUAC.
*13 August Harry Dexter White, the first head of the [[International Monetary Fund]], a keystone post war institution, denies charges he is a Soviet agent before HUAC.
*On 16 August Harry Dexter White, died of a heart attack three days after denying involvement with KGB. His involvement was later positively determined by the FBI through evidence gathered by the Venona project as a Soviet agent code named "Jurist".[http://en.wikisource.org/wiki/FBI_Memorandum_identifying_Harry_Dexter_White_as_agent_Jurist]
*On 16 August Harry Dexter White, died of a heart attack three days after denying involvement with KGB. His involvement was later positively determined by the FBI through evidence gathered by the Venona project as a Soviet agent code named "Jurist". <ref>[http://en.wikisource.org/wiki/FBI_Memorandum_identifying_Harry_Dexter_White_as_agent_Jurist FBI Memo Ladd to the Director, October 16, 1950], Identifying Harry Dexter White as agent Jurist.</ref>
*In late summer of 1949, on 29 August the Soviet atomic bomb project was revealed when it exploded a replica of [[Fat Man]]; the [[Soviet Union]] had gained nuclear technology by espionage from the United States, which spent $4 billion dollars (about $48 billion in today's dollars) to develop during World War II.
*In late summer of 1949, on 29 August the Soviet atomic bomb project was revealed when it exploded a replica of [[Fat Man]]; the [[Soviet Union]] had gained nuclear technology by espionage from the United States, which spent $4 billion dollars (about $48 billion in today's dollars) to develop during World War II.