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...Liberal Businessman." Connor has long been one of the blue-ribbon U.S. businessmen that Washington officials tap for aid and advice. After the Bay of Pigs fiasco in 1961, he helped collect millions of dollars worth of drugs that went to Fidel Castro as part of the ransom for Cuban prisoners. He is vice chairman of the Business Council and a member of the Committee for Economic Development...

Author: /time Magazine | Title: The Administration: Prescription for Commerce | 12/25/1964 | See Source »

Politically, he is Lyndon's kind of man. Connor used to describe himself as a New Dealer, now says, "I am an independent Democrat-or a liberal businessman." But when it comes to a conflict between doctrinaire liberalism and business interests, Connor is a businessman first. In 1959, when Tennessee's liberal Democratic Senator Estes Kefauver was chairing an investigation into drug-industry pricing practices, Connor testified with patient, detailed expertise but found he simply could not penetrate the Keefs preconceptions. Connor admitted that the probe, in a general way, was not without merit, but he blasted Kefauver...

Author: /time Magazine | Title: The Administration: Prescription for Commerce | 12/25/1964 | See Source »

...past, Connor has argued against the Johnson Administration's effort in current Geneva negotiations to reduce tariff barriers across the board by 50% . Last week, after his appointment to the Cabinet was announced, he was still reluctant to back down. Said he: "I consider myself at the midpoint between a strict protectionist and an all-out free trader. I am against arbitrary 50% tariff cuts across the board for U.S. manufactured goods. Each reduction should also be made on a reciprocal basis with foreign competitors...

Author: /time Magazine | Title: The Administration: Prescription for Commerce | 12/25/1964 | See Source »

...Commerce Secretary, Connor will head up an awkwardly diversified department that has 33,538 employees, operates on a $4.5 billion budget, and includes the Bureau of the Census, Patent Office, Bureau of Public Roads, Weather Bureau and Area Redevelopment Administration. But the true mis sion of the Secretary of Commerce cannot be written into an organization chart. In its simplest terms, it is to promote confidence in the Administration among businessmen. That is something at which President Johnson himself works almost full time, and he is awfully good at it. In John Connor, the President should have an able helper...

Author: /time Magazine | Title: The Administration: Prescription for Commerce | 12/25/1964 | See Source »

...Henry White Gadsden, 53, will take over as president and chief executive officer of Merck & Co., the big (1963 sales: $264 million) New Jersey pharmaceutical and chemical firm, when his boss, John T. Connor, leaves the post next month to become Lyndon Johnson's Secretary of Commerce (see THE NATION). New York City-born, Yale-educated ('33) Gadsden was a vice president of Sharp & Dohme when it merged with Merck in 1953. As Merck's executive vice president since 1955, with a salary of $124,600 a year, the soft-spoken Gadsden has impressed colleagues with...

Author: /time Magazine | Title: U.S. Business: Three at the Top | 12/25/1964 | See Source »

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