Word: humphrey
(lookup in dictionary)
(lookup stats)
Dates: during 1950-1959
Sort By: most recent first
(reverse)
Doubtful Breakthrough. George Humphrey was just the man Washington needed in the years 1953-56. He had turned Cleveland's M. A. Hanna Co. from a money-losing ($2,000,000 a year) mining potpourri into a business giant with holdings worth $25 million. He could be counted upon to administer Treasury as a business-with a public trust-instead of a political plaything. Midwesterner Humphrey was a proud conservative who believed-and went far toward proving- that individual initiative could best thrive with a minimum of Government interference. It was most advisedly that Ike once called Humphrey...
...George Humphrey, a Taftman before 1952, had a hard time swallowing what the President came to call Modern Republicanism. He could see the point of defense costs as long as they dealt with essential hardware, but he had little sympathy with foreign economic aid, and even less for the "welfare state" programs that wedged their way into the 1958 budget. His doubts broke through, almost by accident, when he made his famed remark last January that continued big budgets would bring on a hair-curling depression. Humphrey's prediction strongly influenced his business friends and encouraged a boom...
Relieved Sigh. Ike's letter expressing "profound regret" at Humphrey's resignation was heartfelt, for from their first meetings he and Humphrey had understood each other. The President was pleased that, before leaving Washington (probably to take over the board chairmanship of Pittsburgh's National Steel Corp., which he helped found in 1929), Humphrey will see the 1958 budget through Congress. But many an Eisenhower Republican breathed a sigh of relief when the White House announced, well in advance of the fact, that Humphrey's successor will be former Deputy Defense Secretary Robert B. Anderson...
...Like Humphrey, Bob Anderson is a solid businessman-and 20 years younger. Like Humphrey, he is a good man to turn to in moments of crisis. But Anderson also has a firsthand knowledge not only of the U.S.'s defenses but of the perils and opportunities of cold war; e.g., last summer President Eisenhower secretly sent Anderson to the Middle East to pave the way for King Saud's U.S. visit, which in turn paid massive premiums during the recent Jordanian crisis...
Named by President Eisenhower last week to succeed George Magoffin Humphrey as Treasury Secretary: Robert Bernerd Anderson...