Word: lipscombe
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...members of the involved committees are aware of any sort of legislative budgetary policy. Slashes are made in budgets with little regard to the importance of items in any positive economic program, since Congressmen only attempt to avoid rocking the economic boat with overly-heavy taxes. Representative G. P. Lipscomb has suggested a remedy with his proposed Joint-Committee on the Budget, which would join representatives of both Senate and House appropriations and finance committees in a body devoted to the consideration of fiscal policy...
Critics of the Lipscomb bill cite the failure of the now-defunct Committee of the Legislative Budget, set up in 1946. That group, however, wrote its own budget, arbitrarily setting a ceiling on expenditures without even investigating the needs which the Bureau of the Budget had carefully calculated. After having to pass supplementary bills amounting to six billion dollars over the ceiling, Congress dropped the Committee. Lipscomb's proposed committee, however, would not aim at writing an a priori budget. It would simply determine the best fiscal policy by correlating the reports of the various committees on revenue, appropriations...
...Charles Thomas Lipscomb Jr., 46, was elected president of the J. B. Williams Co. (shaving creams). After graduating from the University of North Carolina ('28), Lipscomb spent his first ten years in business with Vick Chemical Co., the next ten with Coca-Cola and McKesson & Robbins, where he became general sales manager. In 1950 he was elected president of Unilever's Pepsodent division, where he was responsible for bringing out the first chlorophyll toothpaste (Chlorodent...
Glenard Paul Lipscomb, endorsed by his local party organization, was backed by Vice President Richard Nixon and California's new Governor Goodwin Knight. The other Republican, John L. Collier, was the candidate of the opposing faction (followers of ex-Governor Earl Warren, now U.S. Chief Justice, and Senator William Knowland). The Democratic candidate was George Arnold, 32-year-old son of Trustbuster Thurman Arnold and a son-in-law of Columnist Drew Pearson...
Still smarting from their defeat in New Jersey's Sixth Congressional District, national G.O.P. leaders were afraid that Arnold would get more votes than either Lipscomb or Collier. More and more local Republicans recognized the need to get behind one candidate. They went all-out for Nixon's man, Lipscomb, with an effectiveness that Senator Knowland reflected when, four days before the election, he, too, issued an endorsement of Lipscomb. The 24th District stayed Republican after all. The vote: Lipscomb 42,880, Arnold 34,545, Collier...