Word: gage
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Dates: during 1960-1969
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Wyoming's conservative Democratic Governor Jack Robert Gage, 63, is a gnarled, homespun sort who has prospered by doing what most politicians don't. In 1959, as secretary of state, he asked the Wyoming legislature to cut his department's budget; it did, but even so, Gage did not spend all the money. Succeeding to the governorship last year to fill out an unexpired term, Gage confounded Wyoming boosters who were fond of claiming dramatic population growth for the state. Said he: "This is just not true, since among the continental states we happen to rank next...
Last week, in the published announcement that he would run this year to retain his office. Gage made no claim that he was bowing to popular demand. Said he of the practice so often used by other politicians: "One way or another they say in substance, I really do not want to do it, but so many of my host of friends have begged and pleaded that I have finally given way to their pressure.' "Concluded Gage: "I do not feel that I am anyone's glowing gift to Wyoming-in fact, Wyoming has done much more...
Expunge Failure. U.S. Trust prides itself on the wisdom of its counsel (the name of one of its presidents, Lyman J. Gage, * who was a failure around the turn of the century, has been expunged from its corporate history). It has had to test its advice in action. As controlling stockholder, it has had to step in to straighten out management problems, at times has found itself running an insurance company, a machinery maker, a food processor, a coal-mining firm, and a molasses company. To settle the estate of one wealthy New York lawyer, the bank merged three small...
...Wyoming, after the death of Republican Keith Thomson, who had just been elected to the U.S. Senate, Wyoming's Democratic Governor John Joseph Hickey resigned from his own office, was appointed by the state's Democratic secretary of state Jack Gage (who succeeded him as Governor) to serve in Thomson's stead for a Senate term of two years. "Thus," said Lawrence, "the majority of the people of Wyoming, who elected a Republican to the United States Senate, have been deprived of a Senator of their own party and even of the chance to elect one until...
...inflation, but does not define how much is tolerable. He hopes that foreign competition and an attack on domestic monopolies and labor featherbedding will help keep wages and prices in line. If they do not, "we should not shrink from selective controls" over such fields as consumer credit, mort gage rates and depreciation allowances -but not necessarily over prices and wages. He is for lower interest rates to spur the economy, for a broader taxation base to pay for the new projects. On the budget: "You run a big surplus to fight inflation; you run a big deficit to fight...