Word: governorships
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...political Lochinvar has most recently appeared in the form of clean-shaven, well-dressed, steely-eyed George Romney, erstwhile president of American Motors and now Republican candidate for the governorship of Michigan. In the drama and suddenness of his rise to political prominence, he is in the great American tradition of Woodrow Wilson, Wendell Willkie and Dwight Eisenhower...
Freed Peso. The court quarrel over the bank governorship gave Macapagal time to huddle with his advisers. Using an exhaustive World Bank report and other studies, they mapped out a five-year economic program to decontrol the country's long-stifled economy. First step: to decontrol the peso itself. Recognizing that he could not risk freeing the peso without enough dollars in hand to meet any run on the banks, Macapagal last month sent a six-man mission under Finance Minister Fernando Sison...
Last week the Philippine Supreme Court ruled 9 to 1 that Macapagal could oust Garcia's man from the bank governorship and install his own. Simultaneously, members of Sison's mission returned to Manila with good news: in their search for U.S. dollars they had not met a single refusal. In hand: $166 million in private bank loans; $121 million from the International Monetary Fund and various U.S. agencies. In all, Macapagal can begin his reform administration with a sizable backlog of about $400 million. He plans to ease import-export controls, continue some tariffs...
Died. Donald G. Nutter, 46, Montana's outspoken Republican Governor, a World War II bomber pilot who later served in the state senate, won the governorship in 1960 on a hold-the-budget plank, condemned the United Nations as "a forum for the enemies" and refused to proclaim U.N. Day in Montana; in the crash of a state Air National Guard C-47 into a Montana mountainside...
Died. Andrew Frank Schoeppel, 67, plain-spoken Republican U.S. Senator from Kansas who climbed local and state political rungs to the governorship in 1942, moved up to Capitol Hill in 1948, amassed an isolationist record that often put him at odds with Fellow Kansan Dwight Eisenhower; of cancer; at the Navy hospital in Bethesda...