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...matter how it was handled, the announcement would have been anticlimactic. It had been common knowledge for almost a month that Simon would succeed George Shultz as Treasury Secretary-and the announcement by no means decides Simon's backstage battle with Budget Director Roy Ash for pre-eminence in economic policymaking. As the new Treasury chief (Senate confirmation seems certain), Simon may eventually wield more influence than any other economic official. But Ash has secured a promise from Nixon of an expanded role in policy formation...

Author: /time Magazine | Title: POLICY: Tough Time to Take Over | 4/29/1974 | See Source »

Like characters in a novel by Allen (Advise and Consent) Drury, two of the Nixon Administration's most powerful figures are grabbing for the sweeping economic policymaking authority once wielded by departing Treasury Secretary George Shultz. The contenders are Roy Ash, 55, once president of Litton Industries, now director of the Office of Management and Budget, and William E. Simon, 46, a former Wall Street bond trader, now federal energy czar. Simon is on the verge of winning an early round: President Nixon this week is expected to name him to succeed Shultz at Treasury, a job that apparently...

Author: /time Magazine | Title: THE ADMINISTRATION: Byzantine Fight for Power | 4/15/1974 | See Source »

...disorganization is unlikely to end until the Simon-Ash struggle produces a clear winner. In classic Washington fashion, that struggle is being fought almost entirely behind the scenes. Tension between the two men has flared openly only once, in February, when

Author: /time Magazine | Title: THE ADMINISTRATION: Byzantine Fight for Power | 4/15/1974 | See Source »

...Ash made an optimistic statement about the energy crisis. Simon, on television, smilingly warned Ash to "keep his cotton-pickin' hands off energy policy." Next day Ash retorted: "We don't pick cotton at OMB. We run the plantation...

Author: /time Magazine | Title: THE ADMINISTRATION: Byzantine Fight for Power | 4/15/1974 | See Source »

Since then there has been no public bickering between the two, but both have been vigorously campaigning to line up support from the President and his key aides. Two weeks ago Ash flew to the Florida White House for a weekend discussion with Nixon about the future of economic policymaking machinery-and presumably his desire to play a larger role in it. Simon then closeted himself with White House Chief of Staff Alexander Haig, who is apparently in Simon's corner...

Author: /time Magazine | Title: THE ADMINISTRATION: Byzantine Fight for Power | 4/15/1974 | See Source »

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