Word: fulbrighter
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...University of Texas swims in a $240,000,000 endowment fund, a respectable sum which will grow so long as the University's oil and natural gas holdings are profitable. When the University's student paper, The Daily Texan, ran editorials early this month decrying the Fulbright-Harris bill as a giveaway to oil and gas interests, the Texas Board of Regents was upset...
Arkansas' Democratic Senator William Fulbright, co-author of the bill, cried that Ike was "insinuating that the Senate was subverted." Ohio's Republican Senator George Bender rose in bellowing defense of the President, crashing his meaty fist upon the desk with such force that a pageboy darted forth to rescue a nearby glass of water. Some Northern Republicans, e.g., New Hampshire's Styles Bridges and Massachusetts' Leverett Saltonstall, who had voted for the bill, looked nervously toward their gas-consuming constituencies to watch how the voters would react to Ike's charge of impropriety...
...producers of federal supervision, were aghast. The contribution to Case, suggested Oklahoma's Democratic Senator Mike Monroney, was a "dead cat" planted by an opponent of the bill so as to cast suspicion on all Senators voting for the measure. And, snapped Arkansas' Democratic Senator William Fulbright, Case had better be ready to detail his charges "if he expects to stay in public life." Between the time of Case's speech and the day on which the gas-bill vote was scheduled, the bill's managers had a single weekend to get their legislation back...
Passed last week by the Senate amid intense lobbying, the Harris-Fulbright amendment to the 1938 Natural Gas Law would, in effect, exempt producers of natural gas from government regulation. Under existing legislation, the Federal Power Commission has regulated gas production at the wellhead, with the "primary aim of preventing exploitation of consumers." But supporters of the bill maintain that these regulations curtail the profits of the nation's more than 5000 gas producers--most of them relatively small--discouraging them from seeking vital new reserves. The real violators of the consumer's interest, according to Senator Fulbright of Arkansas...
WHEN President Eisenhower suggested in his economic report to the nation that Congress study the problem of direct controls on credit, he touched off a hot argument. Democratic Senator J. W. Fulbright, chairman of the Senate Banking and Currency Committee, said that he would be "sympathetic" to any such request. He considered holding hearings on direct consumer credit controls such as the wartime Regulation W, which specified minimum down payments and maximum loan terms. Allan Sproul, president of the Federal Reserve Bank of New York, is also worried, feels that credit abuses in boom times can become a "serious source...