Word: saxonizes
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...Some 34 million Americans, or 19%, are listed by the most recent census as of "foreign stock," which the Census Bureau defines as either foreign-born or with at least one foreign-born parent. Others have defined "ethnic" as any individual who differs from "the basic white Protestant Anglo-Saxon settlers by religion, language and culture." Since, of the total population, 65% come from non-Anglo-Saxon stock, this amounts to a lot of voters, most of them in the big cities. In New York, as the Rheingold-beer ads say, there are more Italians than in Naples, more Puerto...
...changes have not come overnight. A striking example was the election of John Lindsay as mayor of New York in 1965. White Anglo-Saxon Protestants such as Lindsay make up probably no more than 5% of the city's population. His opponent, Abraham Beame, was a Jew, and as has often been said, New York is the biggest Jewish city in the world. But Lindsay won. Says Michigan's George Romney: "The bloc vote has disintegrated. In 1962, I got only 11% of the Negro vote. In 1965, it was up to 19%. This year...
...subtlest melting process on the U.S. scene, the ethnic minorities (which together actually constitute the majority) greatly and constantly influence the Anglo-Saxon minority in culture, fashion, food and even philosophy. At the same time, the ethnic minorities continue to admire the Anglo-Saxon model. "The American's image of himself," says Professor Will Herberg of Drew University, "is still the Mayflower, John Smith, Davy Crockett, George Washington and Abraham Lincoln . . . and this is true whether the American in question is a descendant of the Pilgrims or the grandson of an immigrant from southeastern Europe." In politics, write Harvard...
...chief of Washington's oldest regulatory agency is William B. Camp, a placid Texan who has invested 29 of his 52 years in the 105-year-old Comptroller's office, rising from bank examiner to Saxon's first deputy. In naming Camp, Johnson followed his recent tendency to select noncontroversial careerists to head regulatory agencies. The appointment was hailed unanimously by bankers, Congressmen, officials of other Government agencies and Jimmy Saxon. Reported the American Banker, daily bible of moneymen: "Almost everyone who has been associated with Mr. Camp considers him an affable, easy-to-get-along-with...
...White House wanted a Comptroller who would carry on Saxon's expansionist policies but consolidate more than innovate. Camp promises "no drastic changes" immediately, but expects to push training programs for bank examiners, expand automation in banking, strengthen the supervision of foreign banks, and continue Saxon's chartering and merger designs, though at a reduced clip. Merely to digest what Saxon bit off will keep Camp fully occupied. His office is involved in six antitrust suits concerning bank mergers. The trend in the courts so far has been to support the Comptroller against the Attorney General, ruling...