Word: nationalization
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Dates: during 1940-1949
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Before the Philadelphia convention next June, a major job of the nation's voters will be to absorb, weigh and compare the records in the Republican Who's Who of presidential candidates. Herewith, in the third-of a series, TIME publishes the condensed biography and political record of Ohio's Senator Robert Alphonso Taft...
...government financing he has clung to the theory that the people are more qualified than Washington bureaucrats to spend the nation's wealth. His formula: cut Government spending and reduce corporation taxes in order to encourage private initiative. He believes in using taxes for revenue only, not as a tool to control the economy...
...that he is not ashamed to admit mistakes; that he has the kind of filing-case mind and grasp of facts needed for the complex job of being President; that he is intellectually honest; that the people will always know exactly where he stands; that he would give the nation a businesslike, energetic and straightforward government...
...corner of the security curtain surrounding the nation's atomic proving grounds on Eniwetok was lifted last week. Congressional members of the Joint Committee on Atomic Energy were invited to fly out soon for new atomic tests. There were no further details. But knowing Hawaiians, who had watched the ships of Atomic Task Force Seven steam westward out of Pearl Harbor a month ago, guessed that initial phases of the tests might already be under...
...Arthur Vandenberg brought Hoffman's appointment before the Senate for confirmation. Said Vandenberg: during the months of discussion, the man most frequently mentioned for the job had been 56-year-old Paul Hoffman. Hoffman, said Vandenberg, "was found to be the common denominator of the thought of the nation." Hoffman was also well aware of the need to cooperate with Congress, Van added reassuringly. The Senate confirmed him unanimously, in 10 minutes...