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Montana's short-tempered James E. Murray will step into the Labor Committee chairmanship vacated by the beaten Elbert Thomas of Utah. Murray may prove almost too strong a right arm. A roaring pro-labor man, several times in the past he has almost come to blows in committee meetings with Robert Taft...

Author: /time Magazine | Title: National Affairs: The Struggle for Power | 11/20/1950 | See Source »

...elder statesman of U.S. finance this week warned against straitjacketing the nation's rearmament economy with price & wage controls. In an all-out war, said Russell C. Leffingwell, who at 72 had just stepped down from the chairmanship of J. P. Morgan & Co. Inc., such controls are necessary. But in the twilight period of half-war, half-peace that lies ahead, they would stifle the economy. The basic problem, wrote Leffingwell in Barren's, is to stimulate production, discourage nonessential civilian consumption. Price-fixing, he insisted, would do neither...

Author: /time Magazine | Title: Business & Finance: Freedom Road | 11/20/1950 | See Source »

...given the chairmanship of his department when he came to Yale from Johns Hopkins in July...

Author: By Frank B. Gilbert, | Title: Yale Government Head Comes Here | 11/20/1950 | See Source »

Nelson Rockefeller, 42, hard-working second of John D. Jr.'s five sons, longtime professional "good neighbor" to Latin America, accepted the chairmanship of the advisory board of the Administration's Point Four program (which provides technical aid to underdeveloped countries). At his press conference, Truman said Rockefeller had agreed to be managing director of the Point Four program, but the later White House official announcement indicated nothing of the sort. Washington insiders thought that it was probably a slip of presidential timing, not tongue, believed that Rockefeller would eventually be eased into the top job, now being...

Author: /time Magazine | Title: THE ADMINISTRATION: Millionaires' Row | 11/13/1950 | See Source »

...York's legislature created its Civilian Defense Commission in May. It was supposed to operate on an appropriation of $100,000. To run the show, Governor Dewey had picked Lucius De Bignon Clay, the wiry, sharp-nosed, imperious West Pointer who accepted the chairmanship of the commission as a sideline to his new null job as chairman of Continental...

Author: /time Magazine | Title: CIVIL DEFENSE: The City Under the Bomb | 10/2/1950 | See Source »

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