Word: corks
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Dates: during 1960-1969
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Influence peddling in Washington is an art both subtle and circuitous. So the House Subcommittee on Legislative Oversight learned last week as it dug for details of private talks between members of the Federal Power Commission and Thomas G. ("Tommy the Cork") Corcoran, onetime New Dealer-Wheeler turned wheedler for the Tennessee Gas Transmission Co. (TIME, April 4). What started with curiosity about Corcoran turned into a full-scale investigation of off-the-record contacts between FPC commissioners and utility company representatives. The results made for headlines but were instructive nonetheless...
...Midwestern Transmission case, Corcoran called on Kline as well as Kuykendall. Kline originally favored the examiner's recommendation of a 6^% return for the company, but several days after Tommy the Cork's call, Kline agreed to go along with the rest of the commission in postponing a decision on the rate of return. Testified Kline: "Corcoran's visit had no influence whatsoever on my decision...
...hired at $50 a week by the George Batten Co. in 1928, just before its merger with Barton, Durstine & Osborn. His hard-slogging work habits and a slogan-making command of the language propelled him through BBDO's ranks as he worked on ad campaigns for Armstrong Cork, Servel, B. F. Goodrich and Cellophane. He became the agency's chief idea man in 1946, a member of the executive committee...
JUSTICE DEPARTMENT is now studying talks between onetime New Dealer-Wheeler Thomas G. ("Tommy the Cork") Corcoran and three members of Federal Power Commission in a case involving Tennessee Gas Transmission Co. (TIME, April 4). Between 1954 and 1958, he collected $305,907 for legal services and expenses from the company...
...Fees. Other records showed that Tommy the Cork was a fairly familiar name to the FPC. Back in 1957, Tennessee Gas had been granted more than an $8,000,000 rate increase. For Corcoran's help in getting the increase, Tennessee Gas paid his law firm $60,444. The Chicago law firm of Jake Arvey, Illinois political kingpin, Democratic national committeeman, and an Adlai Stevenson stalwart in 1952 and 1956, got $15,000. Since neither was listed as attorney in the case, the FPC examiner who had recommended the increase wanted to know what they had done...