Word: caps
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Dates: during 1940-1949
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...hulking "Cap" Krug* the President had a man the Senate would bless-a New Dealer who had cannily made a middle-of-the-road record, a successful young administrator who had cannily avoided making political enemies. The President had picked a man who had no love for Harold Ickes-for the first time Washington had the feeling that Harry Truman had slipped one of his tormentors the needle. He also had a man who liked to work...
...Cap Krug, one of seven children of a Madison, Wis. policeman, had started working early. He was a football center at the University of Wisconsin (Class of '29) but he was also a serious student (of utilities administration), a part-time iceman, baggage smasher and carpenter. He was married in his sophomore year, had to support his wife as well as himself...
When OPM was set up, William Knudsen grabbed Cap Krug. When OPM became WPB he went along. He received a Naval commission in 1944, was sent to Normandy, then Italy, but was hauled home to replace Donald Nelson as chief...
...quarter-page ads in Manhattan newspapers, the New York Stock Exchange last week pictured a sad-faced businessman wearing a dunce cap. He told a sad story: "I tried to get rich quick. In my own business I base my judgment only on facts. . . . Tips, rumors and hunches are out. I don't know why I thought the stockmarket would be different...
...week's end, stocks rallied weakly. This week they started down again. Many a businessman was wearing a dunce cap...