Word: shermans
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...surprise came when President Eisenhower named Rear Admiral Arleigh Albert Burke (see box) as Chief of Naval Operations to succeed Admiral Robert Bostwick Carney, 60, who will retire Aug. 16. Burke, 53, will be the second youngest C.N.O. (Forrest Sherman was nine months younger) in U.S. history. He is outranked (until he gets his four stars) by seven full admirals, 21 vice admirals and 64 rear admirals...
...carried on a devious back-door campaign with newspapermen and politicians against the Administration policy of priority for air power. In 1949, when Burke's name came up for promotion to rear admiral, President Truman punitively crossed it off the list, later restored it when Admiral Forrest Sherman and press took up the issue...
...years since, recognizing a major power split in the Communist front, the U.S. has poured into Yugoslavia about $500 million worth of economic aid, nearly $1 billion worth of military aid - from Sherman tanks to F-84 Thunderjets; several hundred Yugoslav officers have been trained in the U.S. and on U.S. bases in Europe. The result is that Yugoslavia's army of some 250,000 well-trained men is the biggest in Europe outside the Iron Curtain. In 1953 Tito drew even closer to the West by signing a regional pact of mutual assistance with NATO partners Greece...
...income from the James Gordon Bennett Fund has been awarded to Joseph Cooper '55 for a thesis entitled "The Legislative Veto: Its Promise and Its Perils," while Richard H. Ullman '55 will receive the income from the Philo Sherman Bennett Fund for his thesis "Two Americans in Moscow: A Study in Non-Professional Diplomacy...
...Before a House Judiciary subcommittee, Chief Trustbuster Stanley Barnes suggested that the members "might well consider repeal of the Miller-Tydings Amendment to the Sherman Act as well as the McGuire Amendment to the Federal Trade Commission Act." While Barnes said that the Justice Department was not yet ready to recommend repeal of the Fair Trade laws, as suggested by Attorney General Brownell's special antitrust committee (TIME, April 11), he revealed that he was "considerably disturbed by responsible businessmen" contending that brand-name products are cheaper in Fair Trade areas than else where. To answer such statements, said...