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...Republican for Truman. To fill ailing Lew Douglas' shoes, Harry Truman last week picked an envoy of another sort. Quiet, retiring, 65-year-old Walter Sherman Gifford, a Yankee Republican, began his career as a $10-a-week clerk in Western Electric, by a knack for figures and a passion for efficiency, rose to the eminence of chairman of the board of American Telephone & Telegraph, from which he retired last December. His appointment underlined two facts: in some quarters, diplomacy is less politics than big business; Mr. Truman once again had rejected a political appointment for one that would...

Author: /time Magazine | Title: National Affairs: Diplomacy & Big Business | 10/9/1950 | See Source »

...years passed, many a farmer pumped small fortunes into the scheme. Some, like 65-year-old Sherman Duryea (who got "Ford" certificates supposedly worth $463,637) not only sank all their savings, but were drafted into promoting it. The swindlers gave Duryea four safes, told him they contained $85 million in cash, and instructed him to guard them with his life. Since he did not know they were stuffed with old newspapers, this made him a wonderful salesman...

Author: /time Magazine | Title: CRIME: The Great Ford Swindle | 10/9/1950 | See Source »

...unpleasant surprises for the U.S.-the feeble armament, the initial weakness and panic of the South Koreans; the fact that the mere appearance of the first U.S. troops in the line failed to turn the tide of battle; the failure of light bazookas, 105-mm. howitzers and, finally, of Sherman tanks to stop the Red armor. The inexorable advance of invaders against defenders who had complete command of the air was something new under...

Author: /time Magazine | Title: This Was the War | 10/9/1950 | See Source »

...Making President Truman's 21st Cabinet change in five years. † Though U.S. military men had served as Secretary of War before. Among them: Major General Henry Knox, Secretary of War after the Revolutionary War, Generals Ulysses S. Grant and William T. Sherman...

Author: /time Magazine | Title: THE PRESIDENCY: The Face in the Lamplight | 9/25/1950 | See Source »

...first news of Radcliffe's board hike came when the Council of Radcliffe mailed an announcement stating that it was raising rates to meet "advancing costs." Specifically, Dean Sherman explained that "the rapid rise in feed costs forced the board increase...

Author: NO WRITER ATTRIBUTED | Title: All Dining Halls Up Board Rates | 9/25/1950 | See Source »

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