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While these students never received written guarantees of a commission upon completion of the AFROTC, few would have sacrificed a large part of their time unless they believed that the Air Force would honor verbal promises. Even John Hanna, Assistant Secretary of Defense, has agreed that the Air Force is morally bound to commission the three thousand seniors...

Author: NO WRITER ATTRIBUTED | Title: Stars and Bars | 3/27/1954 | See Source »

Abrams indicated that letters would be in the mail tomorrow requesting appointments during vacation with Secretary of the Air Force Talbott, Draft Director Hanna, and the heads of the Air Force reserve officers program and Air University...

Author: NO WRITER ATTRIBUTED | Title: ROTC Commission Fight Continues | 3/25/1954 | See Source »

Because the businessmen in Washington knew that there can be no such thing as long-range military security without economic stability, they put a high priority on sound money. Treasury Secretary Humphrey, who left the chairmanship of Cleveland's M. A. Hanna Co. to take command in that sector, figured that the best way to protect the dollar was to snuff out the last traces of inflation. His methods: 1) pushing interest rates upward, and 2) spreading the $270 billion national debt, concentrated 75% in securities coming due within five years, into longer-term maturities in order to take...

Author: /time Magazine | Title: Business: A Keystone of the Free World | 1/4/1954 | See Source »

Treasury Secretary George Humphrey, who used to head M. A. Hanna Co., one of the world's biggest coal companies, said last week: "Peace . . . is the first prayer of all America . . . For nearly three long horrible years . . . the financial burden of Korea [piled] deficit on deficit, debt on debt, and tax on tax . . . Shooting and bloodshed in Korea are ended, at least for the time being . . . Our every effort is at work to fashion a lasting, sound and equitable peace and substitute reconstruction for destruction in that wartorn land...

Author: /time Magazine | Title: STATE OF BUSINESS: Propaganda v. Fact | 12/7/1953 | See Source »

Nothing that 60 percent of the Army strength is now made up of draftees, Hanna cited a crying need for "Professionals" around whom citizen forces can rally in a time of danger. He added that all the military services are losing experienced career men "in members so great as to be disturbing...

Author: NO WRITER ATTRIBUTED | Title: Hannah Says Draft to Last A Long Time | 12/3/1953 | See Source »

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