Word: inland
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Dates: during 1950-1959
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Commission on Foreign Economic Policy. Chairman: Clarence B. Randall, 62, board chairman of Chicago's Inland Steel Co. Its task, as stated by Eisenhower: "To find acceptable ways and means of widening and deepening the channels of economic intercourse between ourselves and our partners in the free world." The 17 members include, however, some of Congress' most hard-bitten protectionists, men who have shown great interest in narrowing trade channels...
...Nile, from the Adriatic to the Persian Gulf. In 1919, British warships still rode in the Bosporus and British troops held Constantinople; Italy, France and Greece were secretly dividing up the best of the remainder. The greatest empire between Augustus and Victoria had shrunk to a small, lifeless inland state in the barren interiors of Asia Minor; its Sultan was reduced to the status of a borough president of Constantinople. There was talk of asking Woodrow Wilson to take over the mess as a U.S. mandate...
When U.S. Treasury Secretary George Humphrey rose to speak, it quickly became clear that the Eisenhower Administration was not ready to assume trade-policy leadership. U.S. trade policy, Humphrey said, is to be studied by a commission headed by Inland Steel's Board Chairman Clarence Randall, and "I shall not endeavor to anticipate . . . this group...
...Last week, mindful that the commission's recommendations could shape U.S. and world trading poli cies for years to come, President Eisen hower appointed a highly qualified man for the job of chairman. The choice: Clarence B. Randall, 62, chairman of the board of Chicago's Inland Steel...
Spokesman for Industry. Randall's ideas conform to no trite pattern. After service in World War I (he was a staff officer in Harry Truman's division), he abandoned a legal career for Inland Steel, and in 24 years worked his way to the top. In Chicago and beyond, he pulled more than his weight in serving on charity drives, civic bodies and educational boards (he is now an overseer of Harvard University). In 1938, he delivered a Harvard series of lectures on labor strife and civil liberties, in company with veteran Civil Libertarian Roger Baldwin. When Harry...