Word: fowlers
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Last week Johnson conferred at the ranch with his economic advisers, including Treasury Secretary Henry Fowler and Federal Reserve Board Chairman William McChesney Martin, sent word back to Administration officials in Washington to cut back on spending-though next year's budget is almost certain to break all records. As Mahon pointed out, Johnson's Great Society is the area most susceptible to economizing but even so it seemed doubtful that the President could wring out meaningful savings unless he curtails major welfare programs or pet projects such as highway beautification...
Only the day before, President John son had publicly expressed his "regret" over the board's 4-to-3 decision to raise the discount rate in order to counter in flationary trends (TIME, Dec. 10). As sembling his quadriad of top economic advisers - Treasury Secretary Fowler, Council of Economic Advisers Chair man Gardner Ackley, Budget Director Charles Schultze, and Martin himself-in Texas, Johnson discussed the state of the economy with them for two hours...
After the first event, the 400-yard medley relay, Coach Bill Brooks must have known it would be a long afternoon. Captain Bruce Fowler glided through the fastest 100-yard breaststroke of his life in 1:01.1 and butterflyer Neville Hayes churned through his leg in a surprising 54.1 seconds, but the Crimson blew their lead anyway on the last leg. From then on, it was a romp for Navy...
Hayes and Bob Corris scored the Crimson's only victories of the meet. Corris grabbed the lead after two laps and led Fowler to a sweep of the 200-yard breaststroke in a slow 2:20.7. Hayes flailed his way to an early lead and maintained his pace to finish the 200-yard butterfly in a fast...
...Track Approach. However unpopular its measures may be, the Treasury has certainly missed few opportunities to keep U.S. dollars at home. When French Banker Baron Guy de Rothschild's three-year-old colt, Diatome, won last month's Washington, D.C. International, Treasury's Fowler was right there to present the $90,000 prize money. Fowler lost no time in expressing his hope that the baron would leave his winnings in the U.S., where they would not contribute to the payments deficit. Rothschild agreed to do just that...