Word: rea
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...This Slanderer." Compared to Morse's 20,000-word tirade, Clare Luce's 22-word wisecrack was a pebble slingshot against a ton of brickbats. But it stung Wayne Morse. As soon as the Senate wound up its close REA vote (see The Congress), Morse stood up. Not so soon, said Morse, "did I expect that those of us who voted against the nomination of Clare Boothe Luce would be proved so right." He read off her horse-kick comment, argued that it showed he was right all along about the "emotional instability on the part of this...
...first time, Dwight Eisenhower stood on the edge of a congressional defeat. At issue was S. 144, the relatively trivial Rural Electrification Administration bill, which would transfer power to approve or reject REA loans from Agriculture Secretary Ezra Benson to power-hungry Clyde Ellis, director of the National Rural Electric Cooperative Association. To farm-state representatives of both parties the bill was alluring; Ellis for weeks had been bringing his regional managers into Washington to buttonhole Congressmen. As drafted by Benson-hating Senator Hubert Humphrey, moreover, S. 144 was a direct slap at the bedeviled Agriculture Secretary and, indirectly...
Beer Bottles? All week long, Democratic speakers had paid homage to REA's power. Massachusetts' Senator Jack Kennedy, a strong presidential hopeful, promised that the Democratic Congress would "not go back on our word" by raising REA interest rates. Senate Democratic Leader Lyndon Johnson sounded a call to man the barricades against any Administration attempt to raise the interest rates: "We will fight them with beer bottles. The time has arrived when you must ask no quarter and we must give none.'' House Speaker Sam Rayburn, co-author of the 1935 act that created REA, asked...
...REA, the President suggested, has come to the point where it should pay normal interest rates on its new loans. "America is engaged in a great debate on the rule of government in the lives of her citizens. Shall government live within its means; shall our citizens, in a prosperous time, meet the cost of the service they desire of their government? Or is it to be our established policy to follow the ruinous route of free republics of the past ages, the route of deficit financing, of inflation, of taxes ever rising, until all initiative and self-reliant enterprise...
Probable answer in the Democratic 86th Congress: REA's low interest rates will not be raised...