Word: dillons
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After 3½ years of rule dependent on an alliance with independent members of the Dail-the Irish lower house-Lemass hoped to get a working majority. The opposition came from the Fine Gael Party led by James Dillon and the small but aggressive Labor Party of Brendan Corish. Lemass could, and did, campaign on the economic progress of recent years (TIME cover July 12, 1963). Fine Gael and Labor concentrated their fire on the lack of welfare planning. Fine Gael, which is normally conservative and devoted to free enterprise, veered left and proposed a "more equitable distribution...
...Federalist leader and one of Massachusetts' first U.S. Senators, Paul Cabot naturally entered Harvard and received an M.B.A. from the business school, before he went into investing. Cabot collected so much scrap metal as salvage director of the War Production Board that his friend Douglas Dillon called him "the king of the junkies...
...system have raised the loudest cries for reform since the system was set up in 1944. British Prime Minister Harold Wilson, whose financial policies are in large part being dictated by international bankers, has bitterly condemned "the archaic limitations of our international monetary machinery." Former U.S. Treasury Secretary Douglas Dillon felt so strongly about the matter that in his farewell statement two weeks ago he said: "The greatest financial challenge is to work out changes in the international monetary system." French Economist Jacques Rueff, who influenced Charles de Gaulle's call for a return to the gold standard, concedes...
...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...