Word: hardmoney
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...scores on domestic issues. Jack Kennedy belabored the Eisenhower Administration for failure of moral leadership in civil rights; Nixon named Democratic Vice Presidential Candidate Lyndon Johnson as a man who voted against and still opposes adequate civil rights legislation.* Kennedy called for economic reform, blasting the Administration's hardmoney, high-interest-rate policies, accused Ike of turning down needed aid for depressed areas. He defended his celebrated claim that "17 million Americans go to bed hungry" by shifting to Secretary of Agriculture Benson's statement that 25 million Americans have inadequate diets. A tax increase in the winter...
...Ambassador's attitude toward her dollar difficulties. If the British remembered F.D.R.'s remark that Douglas seemed more concerned with dollars than humanity, if they were concerned over his dislike for a controlled economy, they could stop worrying. Lew Douglas was an internationalist first, a "hardmoney" man second. Said he: "England is a good risk. But it will be a sorry, sorry day ultimately for this nation when we condition our loans solely on whether they are good risks...
...week after his dinner "HardMoney Man" Baruch blasted inflation by publishing in the Satevepost a resume of his last February's testimony before the Senate Banking Committee. He wrote...
When the Economic Conference met in June, the President's hard money advisers sat in the seats of power. Secretary Woodin was ill and Dean Acheson was quietly running the Treasury. Hardmoney-men Sprague and George Leslie Harrison were in London tentatively arranging to stabilize the dollar. On June 29 Mr. Morgenthau sped to Campobello Island, was on the launch with Mrs. Roosevelt to greet the President as he sailed on the Amber jack II. On July 1, the President and Mr. Morgenthau boarded the cruiser Indianapolis and steamed southward. Two days later the cruiser's wireless ticked...
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