Word: corcorans
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Dates: during 1930-1939
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These militarists pro tem were none other than Janizaries Tommy Corcoran, Harry Hopkins and Aubrey Williams. Their nearest approach to a professional consultant was Assistant Secretary of War Louis Arthur Johnson, who likes to ignore generals. Nor was aggressive Mr. Johnson loath to leave out Secretary of War Harry Hines Woodring, who has been making cause with the snubbed general against his nominal assistant...
...What put Corcoran, Hopkins & Co. into the armament business was a chance to hitch New Deal pump-priming to National Defense. In the democratic jitters after Munich they saw a glittering opportunity to butter up and stimulate heavy industry without surrendering to it on the issues of labor, utilities, regulation. The bright prospect to them was that businessmen who got Government millions in armament orders could hardly object to continued and even intensified regulation, especially if it were in the name of National Defense. Public health, housing, power, all could be tied to Rearmament-for-uplift, and Franklin Roosevelt would...
...Washington, professional soldiers were boiling over at the extent to which the new National Defense program was being taken in hand by such Presidential intimates as Messrs. Hopkins, Aubrey Williams and Tommy Corcoran, leaving the high commands in the dark...
...Monopoly" was the sure-fire political expletive which "Tommy-the-Cork" Corcoran put upon the loud tongues of Janizaries Bob Jackson and Harold Ickes when he pushed them out to make speeches just a year ago, in defense of the Administration after the arrival of Depression II. The word was misleading. What the Janizaries were really talking about was "oligo-poly"-selling by a few-based on statistical studies of busy-brained Economist Leon Henderson, who predicted the crash of October 1937 the spring before. He contended then that greedy Business, by raising prices too soon and too fast, would...
...think Mr. Thomas Corcoran or Mr. Jerome Frank suggested that," chuckled Wendell Willkie...