Word: dillons
(lookup in dictionary)
(lookup stats)
Dates: during 1960-1969
Sort By: most recent first
(reverse)
...dollar has ben bolstered temporarily by President Johnson's determination to eliminate the deficit in our balance of payments. But increased gold losses this year may undermine that confidence, inducing foreigners to cash in their dollars on a larger scale. Even departing Secretary of the Treasury C. Douglas Dillon concedes the desirability of some revision in the present monetary system. When the U.S. "gets into balance," he told the House Banking Committee some weeks ago, "the world will need to consider whether some other form of reserve asset than the dollar will be needed." The gold loss that...
...Confirmed in the Senate President Johnson's nomination of Washington Lawyer and former Treasury Undersecretary Henry H. Fowler, 56, as Secretary of the Treasury, replacing Douglas Dillon...
President Johnson last week concluded his long search for a new Secretary of the Treasury. Nominated to succeed outgoing Douglas Dillon was Henry H. ("Joe") Fowler, 56, attorney, administrator, and Treasury Under Secretary for three years prior to resigning last April...
Instrumental. In 1961, Treasury Secretary Dillon tapped Fowler to be his No. 2 man; Dillon needed a tested administrator and, as a Republican, also wanted Washington-wise Democrat Fowler to help push fiscal policies through a Democratic Congress. As chief lobbyist for the Administration's 1964 tax-cut bill. Fowler pored over the Congressional Record daily, analyzing countless pages of debate, spent hours wheedling Congressmen in the halls-and played a major role in finally getting the measure passed. However, Fowler tangled with Kennedy Economic Adviser Walter Heller. Their differences were mostly kept behind the scenes. But Fowler questioned...
Last spring, pleading financial strain, Fowler resigned from the Treasury to return to his Washington law practice. When Dillon announced in the fall that he, too, planned to step down, Johnson wanted his old friend Donald C. Cook, president of the American Electric Power Co., to succeed Dillon. But Cook turned the President down (TIME, March 19), and Lyndon turned hopefully to Fowler...