Word: crowley
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Dates: during 1940-1949
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Last week in Manhattan almost 2,000 exporters and importers heard Foreign Economic Administrator Leo T. Crowley promise that this year more of the titanic flow of overseas shipments now dominated by Lend-Lease and other economic warfare agencies will be diverted to private channels. And, added Crowley, in his first public declaration of policy since taking office last July, the dark suspicion that the Government is in foreign trade to stay is unwarranted. As quickly as the Government can step out, postwar world markets will be open to private trade. Traders began figuring that business...
Tanks & Locusts. This was measured, not by the President, but by white-thatched Edward R. Stettinius Jr., 43, who ran Lend-Lease from August 1941 until it merged with Leo Crowley's Foreign Economic Administration last September. Now Under Secretary of State, Stettinius this week published a fat, 358-page book, Lend-Lease: Weapon for Victory (MacMillan; $3). (Although he signed and sweated over it, the book is actually the joint effort of Stettinius and some 50 others in & out of Lend-Lease, with a final polish by professional writers.) Straightforward, barren of "inside information," the book offers...
Long Credit. To worrywarts who shiver at the thought of what such a pact might do to private enterprise if the Federal Government doles out the contracts, there came assurances last week from Leo Crowley's Foreign Economic Administration. The tentative plan is to let U.S. business carry the ball alone, let Russia place her contracts where she wants, and arrange her own credits. Only when the Russians run short of credit would the Federal Government step in and advance funds to be paid off in raw materials...
...Hull's too. But under a Secretary sometimes praised for basing his foreign policy on economics, the Department's economic division has been reduced to mediocre research. Economic world policy for the U.S., if any, is to be shaped in the Treasury and in Leo Crowley's newly begotten Foreign Economic Administration. From Mr. Hull's economic advisers nothing seems expected beyond long-staled routines...
...Burnham led the Dartmouth harriers to victory in Saturday's quadrangular cross-country meet as Coach Jaako Mikkola's men, led by second place Joe Crowley, took third behind the big Green and MIT. The meet was at Tufts, but the home team failed to show...