Word: chairman
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Dates: during 1950-1959
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Talent for Controversy. Sometime Wall Street banker, longtime member (1946-50) and chairman (1953-58) of the Atomic Energy Commission, Lewis L. Strauss made a lot of enemies during his AEC years in the controversies that swirled about him: his winning fight to get an H-bomb program started, the lifting of Physicist J. Robert Oppenheimer's security clearance, the Dixon-Yates electric-power contract with AEC. But weighed calmly against his long record of achievement, going back 42 years to his service as secretary to Food Administrator Herbert Hoover in World War I, Strauss's talent...
...Democrats' heaped-up frustration at their inability to use their 64-34 majority to achieve a Democratic record. He was also the victim of Clint Anderson's obsessive campaign against him (TIME, June 15). Nursing a violent dislike built up during his years as a member and chairman of Capitol Hill's Joint Atomic Energy Committee, Anderson, to collect anti-Strauss votes, drew on his personal popularity in the Senate, drummed up party loyalty, and cashed every IOU he had for past favors rendered fellow Democrats...
James R. Killian Jr., board chairman, M.I.T., former presidential science adviser.......................................................................................LL.D...
HIGHEST PAID EXECUTIVE in U.S. last year was Bethlehem Steel Corp.'s President Arthur B. Homer, who received $511,249 in salary and bonuses, after a $112,087 cut from 1957 pay. General Electric Co. Chairman Ralph J. Cordiner was second, with earnings of $399,999. Next three places went to other Bethlehem Steel top executives, each of whom received...
...Chicago plant will be $12 to $15 per ton of sludge v. $45 per ton for older methods. Sterling does not expect to make much of a profit on the Chicago plant, but hopes it will prove so successful that other cities will follow. Says Sterling's Chairman James Hill Jr.: "When people see how well these plants work, we will be turning them out like bags of cereal...