Word: congress
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Dates: during 1950-1959
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...first year as first President, George Washington approved 27 laws, made about no appointments, and his budgetmaking amounted to no more than signing a 13-line document prepared in Congress. Thomas Jefferson, whose chores were not much heavier, called the presidency "splendid misery." Yet today, in a typical year, Dwight Eisenhower may sign 750 bills, send 40,000 promotions and appointments to Congress, and take the responsibility for a budget that fills 1,100 small-print pages. Not only is he expected to lead Western diplomacy, guide the nation's domestic affairs and entertain ceremoniously, but he must perform...
...will not propose the reorganization in time to do himself any good. Said he: "I'm not going to put it before the Congress until the final session when I'm here, because I am not going to do it with any thought that it is I who will profit...
...swing group, told Zagri off. "You've got a nerve to go calling my state and telling people I'm voting wrong," he snapped. Zagri brazened it out: ''I'm going to get you in line." Udall exploded as never before in Congress, raked Zagri over until the lobbyist obsequiously agreed that he had voted right. Another Congressman was treated to anonymous threats ("We're going to fix you") on his home and office phones. Oregon's Democratic Edith Green took her own Zagri-inspired protests awhile, burst out in rare anger...
Behind Martin's alarm lay an attempt by easy-money advocates in Congress to use the Government's bond crisis (TIME, June 15) to put pressure on the Federal Reserve Board to go back to the wartime policy of supporting the market for Government bonds. The Fed now buys short-term Treasury bills only. The Fed believes that if it bought bonds now, without wartime controls on spending, it would pump new money into the economy, thus nullifying its attempts to control the boom by tightening credit...
...Treasury announced that it could ive with the bill, but the Fed's Martin urged the Treasury not to let Congress make a start at dictating the independent Fed's monetary policy. Martin pointed out that it would be very bad for the Government's credit if the financial community, here and abroad, got the idea that the U.S. had officially embarked on a soft-money policy. At week's end the Treasury was swinging around to Martin's stand, felt that taking the Metcalf amendment was worse than having no bill...