Word: capeharts
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John Kenneth Galbraith, professor of Economics, last night accused Senator Homer E. Capehart (R-Ind.) of deliberately quoting a pamphlet of his out of context in a television broadcast yesterday afternoon, and denied that the pamphlet "praised Communism," as the senator had charged...
...Capehart, a member of the senate Banking committee demanded that Galbraith be recalled as a witness before the Committee to testify about his 1949 booklet, "Beyond the Marshall Plan...
Galbraith recently testified before the Committee investigating the stock market and urged that margin requirements be raised. Yesterday Capehart charged that Galbraith was a man with Communist philosophies and by his testimony had "discredited American industry and the American economy...
Indiana's Republican Senator Homer Capehart decided to get in a few political licks: Did Funston agree? Funston neatly dodged the question. Said he: "I would agree it shows confidence in the future, but what the exact reason is, I don't know." Fulbright wanted to know if the exchange's campaign to get more investors in the market was not "inflationary" in that it contributed to the shortage of stocks. The object, said Funston, was not to persuade people to buy but "to create a climate where our members can sell stocks." To the "two miracles...
...Craig makes a good record and can hold control of Indiana's G.O.P. machinery, he will have a good chance to name his successor in 1956 (Indiana law bars a governor from succeeding himself). He has said he will not run against Homer Capehart in 1956, but he has not said what he intends to do in 1958, when Jenner's present term ends. With firm power Craig might be able to control both senatorial nominations. On the other hand, if Jenner can stop Craig from consolidating his strength, Jenner will stand a good chance of seating...