Word: lehman
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Dates: during 1940-1949
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Last week the voters of the State of New York brought in their verdict. It was for the welfare state. In the first major election since Harry Truman's 1948 "mandate," they elected Lehman to the Senate by a majority...
Both sides had accepted the campaign as a national battleground. President Truman had proclaimed Lehman his man. Democratic big guns, ranging from Vice President Alben Barkley to Representative Franklin D. Roosevelt Jr., raked the state with oratory. Labor worked as never before. New York's Governor Thomas E. Dewey, still smarting under criticism of his ''me, too" campaign in 1948, stumped the state almost as widely as his candidate. He called for a "holy crusade" to elect Dulles, lent Dulles a campaign staff...
...margin of victory was roughly 4% of the vote-but it was enough. In nonpresidential years, the state had been Republican in every election since 1938. Herbert Lehman was one of the best vote getters the Democrats ever had, but Senator Irving Ives had defeated him in 1946 by a solid 251,000 votes...
...city voters beat Dulles. In New York City, conservative Deweyman Dulles dropped 210,000 votes that liberal Deweyman Ives had had in 1946. Upstate, Dulles, in his first try for public office, held the usual Republican rural counties, but hustling labor workers got out an extra 195,000 Lehman votes in upstate cities...
...match last year's record high, although dollar volume would dip. Next year looked almost as good. "The next six months," predicted Lazarus, "will show no further drop in employment or production." Federated's Director Paul M. Mazur, a senior partner of Manhattan's Lehman Bros, investment banking firm, thought that the strikes even held some concealed blessings for business: "They often provide a heaven-sent opportunity to clean up burdensome inventories...