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...discussed the inflationary effects of the steel price increase. It will "set off another round of inflation," said Arnall, and add $100 a year to the average family's budget. The echo of Arnall's tones had hardly died when his boss, Economic Stabilizer Roger L. Putnam, flatly contradicted him. There had been a "lot of talk" about steel setting off a round of inflation, Putnam said evenly, and it just isn't so. Although big steel had held "a loaded gun" at the Government's head to get the increase, Putnam said, the industry will...

Author: /time Magazine | Title: THE ADMINISTRATION: Schizophrenia | 8/18/1952 | See Source »

...three months, the WSB heard witnesses and deliberated. At the outset, Chairman Nathan Feinsinger, a law professor, was instructed that the board was not to consider the ability of industry to pay wage increases. Once, when Economic Stabilizer Roger Putnam telephoned Feinsinger to find out how things were going, Feinsinger abruptly told Putnam that his question was improper (although Putnam was supposed to be working on the same case). During one last grueling session of the board, Feinsinger fainted dead away. The steelworkers themselves almost fainted with joy when they saw the results. The WSB, over the objections...

Author: /time Magazine | Title: LABOR: The Government's Strike | 8/4/1952 | See Source »

...coal company, a real estate company, a tobacco company, several insurance companies and religious organizations. Some well-known names were also in the running: Mary Pickford Rogers, in Winston-Salem, N.C.; Bing Crosby Enterprises, in Spokane, Wash.; Democratic National Committee Chairman Frank McKinney & friends, in Indianapolis; Economic Stabilizer Roger Putnam, in Springfield, Mass. Denver, which now has no TV, is the biggest plum. Among the hopeful applicants: Comedian Bob Hope and Denver's Mayor Quigg Newton...

Author: /time Magazine | Title: Radio: The Flood | 7/14/1952 | See Source »

Three medals will be awarded to air force cadets, all seniors. Jack L. Wagner will receive the Air Force Association Silver Meds. for the highest standing in leadership, scholastics, and military bearing: Bert Putnam will be awarded the Reserve Officers Association Medal for the highest standing in leadership, attitude, military, and interest in the Air Force R.O.T.C. program. The Massachusetts Society Sons of the American Revolution Medal will go to Otto F. Grote '53 for the highest standing in leadership, soldierly bearing, and excellence...

Author: NO WRITER ATTRIBUTED | Title: Air, Army R.O.T.C. Parade For Crittenberger Tomorrow | 5/14/1952 | See Source »

Married. Prince Edmond Poniatowski, 26, great-great-great-grandnephew of Stanislas August Poniatowski, last King of Poland (1764-95); and Anne Darwin Goodrich, 27, granddaughter of James Putnam Goodrich, onetime (1917-21) Governor of Indiana; in Rhinebeck...

Author: /time Magazine | Title: Milestones, may 12, 1952 | 5/12/1952 | See Source »

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