Word: nelsoned
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...same time, many liberal and moderate Republicans were disturbed by Nelson Rockefeller's announcement that he was withdrawing from consideration as Ford's Vice President in 1976. Despite Ford's denials, the consensus in Washington was that the President had got the word to Rocky to jump before he was pushed. Ford's purpose: to keep conservative Republicans from deserting to Reagan...
...painful limits of power have never been felt more keenly by Vice President Nelson Rockefeller and his youngest brother David, chairman of New York's Chase Manhattan Bank. For weeks they had been pleading for federal help to prevent a default by New York City. The personable, thoughtful banker had often traveled to Washington to meet with Ford and to testify before the Senate Banking Committee. His message: the reverberations of default could badly damage the U.S. and world economies. It was David Rockefeller, in fact, who persuaded Brother Nelson to change his mind on aid to New York...
Last week, after the Rockefellers lost the battle, David was back minding the bank's business, while Vice President Nelson was in Tampa, Fla., acting philosophical about the defeat, a rare event for either Rockefeller. Said Rocky at a press conference: "Like so many things in life, there are different points of view and different appraisals of a similar situation-even after the fact." Thus he continued to disagree with Ford's decision to oppose a federal loan guarantee, even though the Vice President loyally declared that his boss was "in the best position to make an appraisal...
...brothers' defeat came at a difficult time for both. David Rockefeller's soft-selling bank has been outdistanced in assets since 1968 by New York's aggressively expansionist First National City Bank. Nelson Rockefeller has been increasingly attacked by Republican conservatives, who distrust him as an Eastern liberal, even though he has swung sharply to the right in recent years on welfare, drug use and other issues. His stand on New York further alienated the conservatives, stepping up the pressure on Ford to dump him in 1976. Moreover, New York's plight tarnishes his creative...
...professors disagreed about whether or not Vice President Nelson A. Rockefeller's announcement that he would not seek the vice-presidency in 1976 was related to the dismissals...