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...Dillon worked with John Foster Dulles on the 1948 presidential campaign of New York's Tom Dewey; a year later he won an election as a G.O.P. state committeeman. In 1952 he helped secure New Jersey's Republican delegation for Presidential Candidate Dwight Eisenhower, contributed heavily to Ike's campaign chest. After the election, on Dulles' recommendation, Dillon got an impressive spoil of victory: the ambassadorship to Paris...

Author: /time Magazine | Title: The Economy: Man with the Purse | 8/18/1961 | See Source »

...Tariffs and Trade (GATT). He teamed up with the Export-Import Bank and the International Monetary Fund to work out loan deals that eased temporary balance-of-payments problems for Brazil, Colombia, Britain, the Philippines, Chile and India. He took an immense interest in Latin American affairs, represented Ike at last September's Bogota conference, which programed the spending of $500 million in U.S. development grants. Dillon's monument was the Organization for Economic Cooperation and Development-a Marshall Plan successor that now molds the foreign aid programs of the free world. Dillon helped draw up plans...

Author: /time Magazine | Title: The Economy: Man with the Purse | 8/18/1961 | See Source »

Trooper in Skirmishes. Thanks largely to his passion for unadorned fact, to his careful homework (he likes to field questions without having to whisper to aides for an answer), and to his polite and unruffled demeanor, Dillon proved to be one of Ike's most valuable troopers in skirmishes with Capitol Hill. He is not a man to make memorable quotes, but accomplishes more by not drawing attention to himself. One time he did not entirely escape the limelight was during the U-2 spy case last spring. Christian Herter was at a NATO foreign ministers' meeting...

Author: /time Magazine | Title: The Economy: Man with the Purse | 8/18/1961 | See Source »

...golfing companions. But when President-elect Kennedy asked to come to Dillon's house (Dillon thought it should be the other way around) and came through several days later with an offer, Dillon, as a good Republican, had plenty of doubts. He got only lukewarm encouragement from Nixon. Ike also was cool, but told him: "You can hardly refuse if the President of the United States says he needs you and you can serve conscientiously." Aft er a week of soul searching, Dillon took the post...

Author: /time Magazine | Title: The Economy: Man with the Purse | 8/18/1961 | See Source »

Smith's career was closely meshed with that of Dwight Eisenhower, a man he served in peace and war. Ike called him "the general manager" of World War II in the European theater. It was a well-earned title: as Ike's chief of staff, Smith had as big a hand as anyone in the planning and execution of every military action from the invasion of North Africa to the final defeat of the Nazis. His was the tedious job of overseeing every elaborate detail, committing fact and figure to memory, and then distilling the plans...

Author: /time Magazine | Title: Armed Forces: The General Manager | 8/18/1961 | See Source »

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