Word: oregon
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Dates: during 1950-1959
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Deflated Issue. When it came, Oregon Democrat Richard Neuberger was the first to break the news to the Senate. Grabbing a hold-for-release text of the veto message from the A.P. wire, he strode onto the floor and read it off (thereby breaking the 2 p.m. release time). Political radarscopes began blipping wildly. "I'm dancing a jig," cried Republican Senator Alexander Wiley, who bases his hopes for re-election in gas-consuming Wisconsin on his opposition to the bill. Then Wiley left the chamber literally to perform his jig for photographers...
...Drew Pearson's week. First, Columnist Pearson apologized for his recent charge (branded a "scurrilous lie" by Presidential Press Secretary James C. Hagerty) that President Eisenhower had taken a hand in the "giveaway" of Oregon timberland to Al Sarena Mines, Inc. (TIME, Feb. 6). Next, after five expensive years of legal maneuvers, Pearson quietly dropped his $5,100,000 damage and libel suits against Senator Joe McCarthy, Columnists Westbrook Pegler, Fulton Lewis Jr., and six others (TIME, March 12, 1951). At week's end, having thus turned both cheeks, Pearson was slapped with a $250,000 libel suit...
Transamerica, which already owns banks in California, Oregon, Washington, Nevada, Arizona and New Mexico, pushed into Idaho and Utah in a race against time. Most bankers expect sales of independent banks to out-of-state holding companies to be banned under legislation now pending in Congress. However, said Frank N. Belgrano Jr., Transamerica's 60-year-old president and chairman, Transamerica's recent purchases had been suggested by local banks that wanted to sell. This week Transamerica's traders moved on to Ogden, Utah, Marriner Eccles' home base, to discuss a deal with the Bank...
Died. Paul Patterson, 55, governor of Oregon since 1952, when he stepped from the presidency of the state senate to fill the post vacated by Douglas McKay, who had resigned to become U.S. Secretary of the Interior; of a heart attack, three days after announcing that he would run on the Republican ticket in November against Senator Wayne Morse; in Portland...
Died. Maria Clopton Jackson, 93, widow of C. S. ("Sam") Jackson, doughty founder (in 1902) of Portland's independent Oregon Journal (circ. 182,257), longtime board chairman of the Journal Publishing Co.; in Portland...