Word: pauley
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Dates: during 1940-1949
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...There was no White House comment when Speculator Ed Pauley announced that he would soon quit as special assistant to the Secretary of the Army and as a State Department adviser in reparations...
...Pauley (who had said he 18st $100,000 in paper profits) had made more than $1,000,000 in commodities, and had failed to tell all to the committee...
...Pauley snorted out loud at this "disclosure." He said he had given the committee the information that he had made $932,703.10 in commodity trades during the last three years...
...stayed out of the market immediately after Harry Truman had denounced speculators as the villains of inflation. But that explanation would probably not be enough for the House and Senate investigating committees, whose guns were primed for just such game. Compared with Harry Truman's friend Ed Pauley, who had 500,000 bushels of grain and a lot of other commodities (TIME, Dec. 22), the White House physician was a relatively small target, but he was probably in for some congressional pot-shooting, nevertheless...
...traders so far listed by Anderson, Graham and Pauley were the only Administration big shots brought into the open. Of the 99 local, state and federal employees listed, most were minor functionaries. Three employees of the Agriculture Department were listed; none was close to grain-purchasing activities in Washington. There were a few dozen Army and Navy officers, none well known. Utah's bald, Democratic Governor Herbert B. Maw was in the market with 5,000 bushels of wheat...