Word: sawyerism
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Businessmen recently had been receiving reassuring clucks from Commerce Secretary Charles Sawyer, but that might be expected of a man with Sawyer's business background. Last week none other than Leon Keyserling, for 17 years an avid New Dealer and Fair Dealer, looked up from a new study of business and announced a new "trend of thinking." The Government, said Keyserling, approves of businessmen; it loves them just as much, say, as it loves the farmers and organized labor...
...friends with a chile-con-carne feast in the hotel penthouse. That evening he got into a tuxedo and escorted Mrs. Truman and Margaret to dinner and an evening reception. The host: suave, bald Blevins Davis, 46, onetime Independence schoolteacher who became a theatrical producer, married aged Heiress Margaret Sawyer Hill (a daughter-in-law of Rail Tycoon James J. Hill) in 1946 and inherited her fortune when she died last year...
Addressing the Public Relations Society of America, Sawyer had some even kinder words: "We have passed the time when intelligent Americans use the word 'profit' as a curse," he said. "The idea of accepting a relatively modest profit in order to sell more goods to more people is one of the most progressive ideas in the world today. I will go further. I will say that this idea is the only really radical idea in the modern world...
Fixed Ideas. Sawyer also issued a pointed warning to farmers and labor-the sharpest rebuke yet heard from a member of the Truman Administration. "Some so-called liberals," he said, "have adopted . . . the fixed idea that any increase in purchasing power of any one group is good no matter what its effect may be on other groups. To assume, however, that we can continue at all times and places to increase the share of the worker and the farmer without concern for the need for capital savings and the incentive of the businessman is out of keeping with the liberal...
...Boss know what his man was saying? Obviously he did, and presumably Sawyer had his blessing. That did not mean that Harry Truman would hesitate to plaster the "special interests" with fresh taunts if politics dictated. It did mean that like many successful politicians, Harry Truman was capable of contradictions within himself, and of trying to run in two directions at once. It also suggested that the Fair Deal was proposing a guarded and perhaps temporary truce. Business would remain wary. But in what often seemed a friendless world, a pat on the head was better than a savagely aimed...