Word: mcchesney
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When Arthur Burns succeeded William McChesney Martin in 1970 as head of the Federal Reserve Board, he had a tough act to follow. After 19 years in the job. Martin had made his name synonymous with sound money management. When Burns himself steps down at the end of this month, his successor, G. William Miller, will find Burns' show quite as difficult to top. As chairman of the Reserve, Arthur Burns was final arbiter of the nation's money supply through eight of the most tumultuous years in economic history-years marred alternately, or sometimes simultaneously, by double...
...seen him shift his position during a meeting, or shift from one meeting to another as the consensus changes." In other words, Burns takes care to move the discussion in the direction in which agreement seems to lie. The role of Burns' predecessor, William McChesney Martin, was far more passive...
...suddenly Harvard started getting sloppy, and UMass got back into the game. Shortly after a Crimson fullback almost headed the ball into his own goal, a teammate was called for a hand ball inside the penalty area. On the ensuing penalty kick, Bob McChesney scored to pull UMass within...
Many big private companies in the area, like Weyerhaeuser, Crown Zellerbach and Georgia-Pacific, are not seriously affected, because they mostly log their own lands. But other giants and nearly all the small independent producers are in big trouble. Says Gerald McChesney, president of Fort Vancouver Plywood Co. in Washington: "This could kill us-99% of our timber comes from the Pinchot National Forest." As for prices, predicts Lewis Krauss, partner in the Rough & Ready Timber Co. of Cave Junction, Ore.: "We could have a wood crunch as bad as the oil crunch of two years...
...William McChesney Martin Jr. (Yale '28), for example, chairman of the Yale Corporation Planning Committee, collared a Crimson editor outside of the Yale Bowl and attempted to have him arrested by a nearby policeman...