Word: hooverized
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Dates: during 1940-1949
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...Hoover Commission, which has been poking into the jerry-built U.S. bureaucracy for months, got around to the Government's business-regulating agencies last week and made its most sweeping suggestions for changes to date. It urged that the power of the Department of Commerce be greatly increased by giving it the jurisdiction over all U.S. transportation, now scattered in a dozen bureaus. Under the Hoover plan, Commerce would take over: ¶ The Interstate Commerce Commission's executive powers over highway and rail traffic (including responsibility for safety and railroad consolidation plans). ¶ All functions of the Office...
...Hoover Commission also recommended that the Treasury get control of three credit agencies, now independent: the Reconstruction Finance Corp., the Federal Deposit Insurance Corp. and the Export-Import Bank. To coordinate the 30 other U.S. lending agencies, and to advise the President on money matters, it suggested the setting up of a National Monetary and Credit Council...
...President Hoover presented a report of his non-partisan Commission recommending Congressional action...
Born. To Henry Luce III, 23, Hoover Commission staffer, and Patricia Potter Luce, 22, daughter of John S. Potter, an officer of the Bank of China: their first child (and first grandchild of TIME Editor Henry R. Luce), a daughter; in Washington. Name: Lila Frances Livingston. Weight...
...Hoover. 4. Vandenberg...