Word: rayburns
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...Speaker Sam Rayburn decided to allow TV cameras in the House...
...House Speaker Sam Rayburn formally announced that for the first time in twelve years he will not handle the gavel as permanent chairman of this year's Democratic Convention. Instead, Rayburn plans to work for "the candidate of my choice": Fellow Texan Lyndon Johnson. Top choice to succeed Rayburn as permanent chairman: Louisiana's Representative Hale Boggs...
...Democrat with only seven years of House service, it is a good idea to get on the good side of Sam Rayburn, and one way to get on Mister Sam's good side is to support Johnson for President. But for New York's Representative Victor Anfuso, backing Johnson presented difficulties : Anfuso is a liberal from Brooklyn, where Middle-Road Southerner Johnson's name is less than a liberal byword. Anfuso solved his problem in a speech in the House urging Johnson toward "greater service on behalf of our nation"-and proceeding to credit Johnson with "placing...
Speaker of the House Sam Rayburn will not let TV men cover House hearings, and bars them from his own press conferences. For space reasons, Presidential Press Secretary James Hagerty keeps TV cameras out of regular briefings in his crowded office, but when he has a visitor he wants to "sponsor"-as the White House press corps puts it-he sets up a special show for TV. Senate Majority Leader Lyndon Johnson grants TV newsmen only a brief audience after his regular press conference, insists that they submit their questions in advance and explodes if they try to ring...
Against such adamant Democrats stand most economists and monetary experts, including such Democrats as House Speaker Sam Rayburn and House Ways & Means Committee Chairman Wilbur Mills. The plain fact, as they are well aware, is that a boost in Treasury long-term rates is probably the most effective way of holding overall interest rates down. By borrowing exclusively in the short-term market, which is the area where business gets its money for temporary or seasonal needs such as carrying inventories or financing sales, the Treasury has sopped up much of the money normally available. The scramble for the remainder...