Word: pauley
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...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...
...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...
...flushing of Big Ed Pauley as a commodities speculator (TIME, Dec. 22) set off one of the most spirited political shoots that Washington has seen in many a year. Pleased with the size and color of its first bird, the Republican-dominated Senate Appropriations Committee began to beat the bushes for more big Administration names...
...Pauley, whose 1946 appointment as Under Secretary of the Navy was bounced back to Harry Truman's desk by a Senate committee, disclosed that he had recently tried to make himself acceptable to the right Senators for another sub-Cabinet post. After last week, even his staunchest Democratic friends knew that Ed Pauley was through...