Word: dillon
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Dates: during 1950-1959
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Mutual Security. President Eisenhower named $3,950,000,000 as "the smallest amount we may wisely invest in mutual security." Skillful missionary work by State Department's Deputy Under Secretary Douglas Dillon helped persuade Congress to authorize a $3,675,000,000 program, only $275 million below the Administration request. But actual appropriations, handled apart from program authorization, got ambushed in the House, where Louisiana Democrat Otto Passman, chairman of key Appropriations Subcommittee, engineered a slash of $597 million below authorization figure ($872 million below Administration request). President Eisenhower desk-hammered at G.O.P. congressional leaders ("This thing is vital...
...program's chief architect is C. Douglas Dillon, 48, onetime chairman of Dillon, Read & Co., investment bankers, who was promoted fortnight ago to the rank of U.S. Under Secretary of State for Economic Affairs. Dillon's first objective: an increase in the reserves of the International Monetary Fund, which have not been raised generally since the fund was created in 1944, although inflation and rising world trade have cut in half the fund's effectiveness in keeping world currencies in balance. Although the fund squeaked through the currency crisis at the time of Suez, many fear that...
Felt emphasized that the Athletic Department would extend every help it could, other than financial, to enable these teams to continue in intercollegiate competition. This help would include providing coaches, fields, locker, medical, and other Dillon facilities for the lacrosse team, as well as coaches for golf...
...stock exchanges last week. In London, trading was the heaviest in 3½ years, and prices climbed to the highest in nine months. Canada had a flurry in low-priced gold shares. In Wall Street, where gold shares have steadily climbed in the past year, Investment Bankers Dillon, Read let out that they are forming an investment trust ($30 million to start) to buy South African gold shares, thus adding another fillip to the London buying...
...heir to the baronetcy? Of course he was, said Dr. Dillon, "although I did not expect my claim would be revealed until my brother's death." In Ireland Sir Robert said that Laurence might get the title, but little else, because "I can will my estate to whomever I choose." Then, quoting the Dillon ancestral motto, "Whilst I breathe I hope," Sir Robert added: "It is not yet too late for me to have a family." Debrett's Editor Hankinson believes there is no question that Dr. Dillon is the legal heir, announces firmly: "I have always been...