Word: humphrey
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Dates: during 1950-1959
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...Restaurateur Mike Romanoff shrugged off rumors that his gold-plated hash house was folding up, by informing Cinemactor Humphrey Bogart that he was declaring a 5% stockholder's dividend for 1953. Stockholder Bogart smiled as Romanoff announced Bogie's share-$50-then soured as Romanoff's waiter brought the lunch check...
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...
...George M. Humphrey, our able Secretary of the Treasury, is my nomination . . . because I believe that a solvent U.S. is the world's best hope for peace...
...delegates listened in iceberg silence to President Eisenhower's greeting (sent by mail, special delivery, not by presidential emissary), gave Secretary of Labor Mitchell and Secretary of State Dulles meager applause. In contrast, they stomped and whooped in approval as Minnesota's Fair Dealing Senator Hubert H. Humphrey charged that under Eisenhower "money-changers have invaded the temple of democracy . . . modern-day pirates have hoisted a new Jolly Roger over Washington." Among the convention's 64 resolutions was one blasting the Administration and urging stepped-up politicking by the C.I.O.'s Political Action Committee. Reuther called...
Government's cash balance. For flexibility in paying the Government's bills, Humphrey likes a cash balance of $6 billion, spread out in banks across the country. But with spending higher than receipts between now and year's end, the cash balance (which includes the free gold) will dwindle to around $2 billion, the minimum the Treasury needs to operate. One of the first jobs of the new Congress will be to raise the debt limit...