Word: sinclairism
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...Sinclair Weeks '14, Secretary of Commerce (bottom) and Felix Frankfurter, Justice of the Supreme Court (top) came to Harvard yesterday to recall their years in the University...
...these intellectuals despair-though by no means quietly-simply because they have heard talk of despair. Many of them, if you catch them unawares, look as if they were enjoying themselves, and not merely enjoying their unhappiness. In fact ... it begins to look nowadays in our perspective as if Sinclair Lewis and George F. Babbitt were brothers, under the skin...
What did the market slump mean to the U.S. economy? One effect was to touch off a heated debate about U.S. economic prospects in 1956's second half. At his press conference. Commerce Secretary Sinclair Weeks refused to be ruffled, said that "the market is just one factor to take into consideration...
...boom-toppling instrument of deflation, largely because of its credit-tightening action. Amid the growing furor over credit, Texas Representative Wright Patman called for a full-dress congressional investigation to find out if the Federal Reserve has pinched credit too tight. Treasury Secretary George Humphrey, Commerce Secretary Sinclair Weeks and White House Economic Adviser Arthur Burns have all voiced public disapproval of FRB's fifth boost in the discount rate in a year (to 3% in two districts), although President Eisenhower publicly defended the right of the independent agency to use its own judgment. General Motors' President Harlow...
...commercial question-trade with Russia and her satellites-the U.S. and her allies are sharply split. Last week the split widened. Commerce Secretary Sinclair Weeks, with the backing of the Pentagon, refused to okay a deal between Texas' Dresser Industries, Inc. and the Soviet Ministry of Trade. Dresser wanted to import what it called a revolutionary turbine oil-well drill developed by Russian engineers. In return it would agree to ship the Russians some of its own rotary rock drill bits, instruct them in their use. But Commerce, State and Defense Department experts decided that Dresser would get nothing...