Word: gardners
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...appear in the economy. Johnson looked beyond aluminum to the steel industry, which many economists believed was getting up courage for a price rise, and realized that he would not be able to block any steel increase unless he did something about aluminum. Assured by Chief Economic Adviser Gardner Ackley that the aluminum industry's profits were high and that any price rise would be unjustified, he set out to force back the 10 price rise to 25? per Ib.-which still left the metal selling for 1? per Ib. below its 1960 peak...
Califano at the Texas White House that he was to run the aluminum show, thus enabling Lyndon Johnson to keep in the background. McNamara quickly moved into the limelight in front of Gardner Ackley, Treasury Secretary Henry Fowler and Commerce Secretary John Connor (who opposed the stockpile dumping as unworkable, confined his own action to a speech defending the Administration after the price hike had been rescinded). McNamara used roughly the same technique that the U.S. had used on the Russians during the Cuban missile crisis: turn the screw only half a notch at a time, then release...
After conferring with Florida officials in Miami and in Washington, Health, Education and Welfare Secretary John Gardner agreed last week that the refugee problem was "the responsibility of the entire nation." Gardner pledged in principle to raise the federal education subsidy from the present 60% of cost for each Cuban child...
...UnAmerican Statements." Gardner's most welcome pledge was that as many Cubans as possible will be encouraged to settle elsewhere. Priority for departure from Cuba will be given to refugees whose relatives live outside Miami, on the theory that the newcomers will follow their kin. Even so, the Federal Government cannot force them to live in any particular place. Of the 2,800 Cubans who arrived by boat before Castro closed Camarioca last week, 2,200 have registered with the Refugee Emergency Center; only 1,450 have agreed to settle outside Miami...
...along with the price rises (which left the metal selling for 10 per Ib. below its 1960 peak). That move, flagrantly ignoring Johnson's veiled warning, brought the Administration into the open. At a press conference in Wash ington, called at Johnson's specific command, Economic Adviser Gardner Ackley, Defense's McNamara and Treasury's Fowler declared that the alumi num price rises "have no justification under the wage-price guideposts and therefore are inflationary." Though he denied that the decision had anything to do with aluminum price rises, McNamara announced that the Government will sell...