Word: baruch
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...equally succinct report: "He failed miserably as Secretary of State and ran out on me ... when I needed him worst. His 'bad heart' has now left him when he has found that he made a bad guess [on the 1948 election]. So he and old Baruch have joined the McCormicks, Hearsts and Scripps-Howards to discredit me. They will not succeed." The President thought Byrnes had been too soft to Russia at the Moscow foreign ministers' meeting in December 1945. "Byrnes got the real riot act after Moscow," Mr. Truman recalled. "I told him our policy...
Adequate & Makeshift. The bill gave Harry Truman more authority than he had asked, but nowhere near the authority which Bernard Baruch recommended in his dramatic statement a month after the Korean war began (TIME, Aug. 7). In some respects the bill was adequate; in one respect it was a sorry makeshift...
...Baruch had recommended rolling wages and prices back to their pre-Korea levels. That would be impossible, Maybank argued. Many firms, for example, had laid in big stocks at high post-Korea wholesale prices, now had to unload them at high post-Korea retail prices or take ruinous losses. Besides, the mere job of getting across-the-board enforcement started, Government experts figured, would cost $400 million, require 65,000 more federal workers. "I said when we started out," said Maybank, "that I wouldn't be the uncle of any damned...
When a young woman crashed her Mercury convertible smack-dab into his black limousine on Long Island's Grand Central Parkway, Elder Statesman Bernard Baruch, 80, calmly surveyed the wreckage, told her: "I hope your parents won't be too severe. Just tell them it was the other guy's fault...
Surrounded by relatives and friends in a suite at Manhattan's Hotel Sherry Netherland, durable Elder Statesman Bernard Baruch celebrated his 80th birthday with champagne and caviar, ice cream and cake. Baruch, who back in 1947 said that he was bowing out of public life, had definitely changed his mind: "The sands are running out for me, but I'm not senile yet. I'll know when I am, and I'll shut up. But I am still able to cope with those fellows [in Washington], and I'll keep telling them what I think...