Word: dillons
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Dates: during 1960-1969
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President Kennedy, whose six-year term as an Overseer expires in June, did not attend today's meeting. But a number of former Overseers and Harvard men did attend the luncheon, including C. Douglas Dillon '23, Secretary of the Treasury; Francis Keppal '33, former dean of the School of Education and now commissioner of Education; McGeorge Bundy, former Dean of the Faculty and now special assistant to the President; and Sen. Leverett Saltonstall '14 (R-Mass.), a former overseer...
Even the Kennedy Administration was beginning to feel a bit bullish, and Treasury Secretary Douglas Dillon expressed the official optimism. Said he in a Washington speech to the U.S. Chamber of Commerce: "Our prospects for the year are relatively better than most observers had expected. If the improvement continues, our estimated revenues may well be more than we estimated in January-perhaps by as much as a billion dollars...
...Good So Long." At that, Dillon may have been too cautious-if current statistics are an accurate standard. Personal income has risen more than $4 billion so far this year to a record $452 billion-and, rather than putting the money away, consumers have spent 94% of it. A big beneficiary has been the auto industry. As of April, sales of new cars were running at an annual rate of 7,500,000. This should give Detroit its second 7,000,000-year (previously reached only in 1955) and follows 1962's impressive 6,900,000 sales. Exults...
Among public figures: Lyndon Johnson, Dean Rusk, Adlai Stevenson, Nelson Rockefeller, Barry Goldwater, Averell Harriman, Everett Dirksen, Douglas Dillon, Arthur Goldberg, Luis Munoz Marin, Lucius Clay, Thomas E. Dewey, Henry Cabot Lodge, Norman Thomas, John J. McCloy...
...there was not a word from the White House. Kennedy and his staff met two or three times in cliffhanging sessions, planning strategy and trying to divine whether steel would follow Steele. White House staffers got in touch with labor leaders, and Washington Attorney Clark Clifford, Treasury Secretary Douglas Dillon and Deputy Defense Secretary Roswell Gilpatric busily checked with steel management sources to try to plumb the industry's intentions. This time there were no s.o.b. outbursts from the President, no FBI men pounding doors in the night-but there was almost as much suspense...