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Rising up on the floor of the House, he blandly attacked the character of Under Secretaries of State Dean Acheson and Will Clayton. He thundered that General Marshall should boot them both out of office. His harebrained charge: "making exorbitant profits by reason of their high places...

Author: /time Magazine | Title: THE ADMINISTRATION: Below the Belt | 1/27/1947 | See Source »

...Will Clayton, he claimed, had cleaned up $5 million through cotton sales abroad by his brokerage firm, at the same time that he was actively urging U.S. loans to foreign buyers. Said he: "Mr. Clayton is a well-known one-worlder in do-gooder circles, and I must admit that he does believe in one world-one world for Will Clayton and family...

Author: /time Magazine | Title: THE ADMINISTRATION: Below the Belt | 1/27/1947 | See Source »

Because a Congressman's remarks are privileged, Messrs. Acheson and Clayton could not sue Representative Shafer for libel. All they could do was deny the obviously ridiculous charges. Will Clayton pointed out that the Commodity Credit Corp. had itself made most foreign cotton shipments in the last fiscal year, had supervised the rest "to the substantial benefit of the Government and the American cotton farmer." Dean Acheson announced that he had given up his law practice the day he entered the State. Department, had since had "no connection with or financial interest in the business of the firm...

Author: /time Magazine | Title: THE ADMINISTRATION: Below the Belt | 1/27/1947 | See Source »

...turn have been hammering it into the cubs. Now comes TIME and undoes a lot of hard work. Some of the newcomers have been waving the Dec. 30 Miscellany column under the copydesk's nose and pointing to the line about "burglars" tunneling into the Clayton (Okla.) State Bank. The persons who swiped those 33,300 pennies were thieves, yes; burglars, no. Tell 'em so, will...

Author: /time Magazine | Title: Letters, Jan. 20, 1947 | 1/20/1947 | See Source »

...80th Congress will re-examine the reciprocal trade program created by Cordell Hull; Nebraska's high-tariff Senator Hugh Butler has written Assistant Secretary of State Clayton asking him to postpone trade negotiations with 18 nations. Republican Congressmen would like to scrutinize some 3,000 pending trade agreement items before any agreements are made under the blanket authority delegated by Democratic Congresses to the President...

Author: /time Magazine | Title: THE CONGRESS: The 80th Congress | 1/6/1947 | See Source »

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