Word: dillons
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Dates: during 1960-1969
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Last week Kennedy's Treasury Secretary Douglas Dillon all but rubbed out the smudge in a "Dear Wilbur" letter to House Ways and Means Chairman Wilbur Mills of Arkansas. Even with Kennedy's new $3.5 billion more for defense, no tax hike will be needed, said Dillon, because the economy will grow so fast that present rates and expanded spending will yield sufficient income to support a bigger budget. But Dillon left himself an out. All this will not come to pass, he indicated, if there is "a further worsening of the international situation" and defense expenditures require...
Glowing with radiant orange anticollision paint, a U.S. Air Force 707 jet lifted away from Andrews Air Force Base one morning last week and set course for South America. On board was Secretary of the Treasury C. Douglas Dillon and his 35-man delegation to the vital Alliance for Progress conference at Punta del Este, Uruguay. The delegates carried a rough outline of the shape of the Alliance and a ringing challenge from President Kennedy: "The hopes of millions of people throughout the Americas rest to a very large extent on the success of your efforts." As their jet winged...
Visit to Jânio. The trip was broken at Brasilia, where Dillon, on behalf of Kennedy, invited Brazil's President Jânio Quadros to visit the U.S. in December (Quadros accepted). Then Dillon was off to Punta del Este, where trouble immediately showed its hairy face. Among the 1,400 delegates gathered in the seaside resort was Castro's left-hand man. Che Guevara, who could be expected to use every weapon in his well-stocked arsenal to confuse* and defeat what he terms the "Alliance for Exploitation...
...from which floated the ball-game scores. Chinese listeners in San Francisco may soon-if the electronic wrinkles are ironed out-watch the video version of Gunsmoke while their radios blast out a Cantonese translation, courtesy of a local radio station. "Grab a hunk of sky," mouths Marshal Matt Dillon from the TV screen. "Ghur sao chiu tin" rasps radio's Cantonese cowpoke...
...special meeting of the economic ministers of the Latin American nations, called by the U.S. to hammer into shape President Kennedy's Alliance for Progress, the most vital aid program in the history of the hemisphere. At the start of the conference this week, Treasury Secretary C. Douglas Dillon, leading the U.S. delegation, will propose a generous, but often stern, program. Even the minimums are staggering. To help raise the per capita income in each country by 2.5% a year, the U.S. intends to pour $1.3 billion a year into Latin America...