Word: purcelle
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The complexities of the grain market are too confusing to permit quick conclusions on whether the Nixon Administration's wheat deal with the Soviet Union led to improper profits and thus amounts to another scandal from which the Democrats ought to be able to reap campaign benefits. But one...
He did not, in fact, try. Purcell's questions were perfunctory, and all of Palmby's denials of advance information and unusual profits for his new bosses were accepted at face value. Yet Palmby's story invites skepticism. He testified that he was asked to join Continental...
Moreover, advance knowledge of the impending sale would have given Continental an enormous potential for gain. The company, knowing it could not lose, could have speculated heavily in wheat futures. Its officials could have quietly instructed their agents to buy all the wheat they could at the low prices then...
Purcell's gingerly approach apparently stems from the fact that he faces a tough re-election fight in Texas and is not sure how his constituents view the issue. The ineptness of his probe has taken some steam out of other congressional groups interested in examining the deal. A...
Early in the Cavett crusade, maverick FCC Commissioner Nicholas Johnson, a frequent guest on the show, telephoned Cavett from Washington to ask how he could help. Soon sponsors began to rally round. "The Cavett show is an outstanding buy that delivers a quality audience," wrote Hormel Marketing Director Thomas Purcell...