Word: andersens
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Dates: during 1960-1969
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...This polecat . . . this vile, corrupt creature . . . this damnable skunk . . ." In these pungent terms, recalling a bygone style of political vituperation, Minnesota's Republican Representative H. Carl Andersen, last week on the House floor, attacked Washington Columnist Drew Pearson, who had written about Andersen's involvement in the Billie Sol Estes scandal (TIME cover, May 25). Andersen, senior Republican on the House subcommittee on agricultural appropriations, is so far the only Republican in Congress to be seriously tarnished by the Estes case: he took $4,000 from Estes for stock in a coal mine owned by the Andersen family...
...polecat speech, Andersen complained that his fellow Congressmen had been "shying off" since the Billie Sol case broke. "Come and say hello to H. Carl Andersen," he pleaded. "Come and shake my hand." Afterward, some kindly Congressmen did go up to him and say hello and shake his hand. But Andersen's political future had been heavily clouded by the Estes case, and he recognized the fact by announcing that, after winning twelve House terms as a Republican, he would run for re-election this fall as an "independent" rather than risk defeat in a G.O.P. primary...
Then came the dramatic showdown between the President and U.S. Steel. It is a Wall Street axiom that the market always finds a ready reason for a selling wave-and this time the accepted one is Kennedy's offensive against steel. Says U.C.L.A. Economist Theodore Andersen: "Kennedy's criticism of steel triggered the market decline, but the gun had to be loaded-poor yields, better returns elsewhere, the lack of a need of a hedge against price inflation...
...Carl Andersen. Early this year, William Morris, one of Estes' Neiman-Marcus trio, wrote Estes a letter suggesting that Andersen, a member of the House subcommittee on agricultural appropriations, would be a "good Republican contact" in Congress, and that it might be a "good investment" to help him out of a financial pinch. Shortly afterward, Morris took Andersen down to Pecos to talk to Estes...
Then, and again on another occasion in Washington, Estes gave Andersen money -totaling $4,000 or $5,000 or $5,500 according to various versions-for stock in an Andersen-owned coal mine. After this transaction came to light, Andersen insisted that Estes was only making a business investment in the mine. But that seemed unconvincing, since Estes never even bothered to get any stock certificates from Andersen...