Word: mcnamara
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...press conference, the U.S. had "demonstrated anew" its determination to keep the peace. Lyndon's aides had a few more figures to prove the point. Since Nov. 22, the President has held 175 separate meetings on foreign affairs, and has discussed national security 30 times with Defense Secretary McNamara, 51 times with Secretary of State Rusk, 31 times with the Central Intelligence Agency. He has, besides, fielded more phone calls on the subject than anyone except A.T. & T. would care to count...
Critical Decision. The spot the U.S. has been watching most closely, though, is South Viet Nam-and there was some question whether Washington has been seeing straight. Last September Defense Secretary McNamara returned from Saigon and said that the war was slowly being won. After November's coup, Washington took a fresh look, concluded that the war effort would surely have collapsed if the junta had not taken over...
Then early last week, McNamara told the House Armed Services Committee that the post-Diem junta was not doing too well, either. The Viet Cong "have made considerable progress since the coup," he said, and the U.S. has "no alternative other than to take all necessary measures within our capability to prevent a Communist victory." Later McNamara "clarified" his statement by explaining that what he had really tried to say was that "there has been a noticeable improvement" in the war. "I'm encouraged," he added, "by the progress of the last two weeks." Next day the coup took...
...helped him achieve a defense cut of more than $1 billion. First, many of the crash programs launched when Kennedy entered the White House have now been paid for, including the building up of the Army from eleven flabby divisions to 16 combat-ready units. Second, Defense Secretary Robert McNamara's cost-reduction program is expected to trim hundreds of millions from the next budget. Finally, as one Pentagon official put it, "we are over the hump in the funding of the large missile systems...
...late John W. Davis of Davis Polk Wardwell Sunderland & Kiendl left Wall Street in 1924 to be come the Democratic candidate for President; he lost and went back to lawyering. Several Cabinet officers, Henry L. Stimson and John Foster Dulles among them, have been Wall Street lawyers. Defense Secretary McNamara's newest deputy, Cyrus Vance, came from Simpson Thacher & Bartlett. The big outfits, sometimes referred to as "factories" (the term makes the lawyers wince), also supply a sizable share of the presidents, board chairmen and directors of large corporations...