Word: smith
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Dates: during 1940-1949
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Like many another Mrs. Smith, tall, brunette Lillian Smith* of Arlington, Va., is the budget director of her family. A few weeks ago, she went to her husband with a sheaf of bills and a realization that had her close to tears: the Smith family could not make ends meet much longer. There was the big insurance premium, and the mortgage payment. Everything was so high, and now that the four children were older, expenses would be higher than ever...
Harold Dewey Smith, for seven years the hardworking, $10,000-a-year Director of the U.S. Budget, who had kept tabs on $400,000,000,000 of Government spending, resolved to do something about his own financial dilemma...
Last week something got done about it in a hurry. A plum dropped in his lap - the $22,500-a-year tax-freer vice-presidency of the International Bank for Reconstruction and Development. Regretfully, President Truman accepted Harold Smith's resignation, wrote him a glowing farewell : "Besides great ability, you brought to the work fidelity, integrity and loyalty...
unselfish devotion." Root of Evil. In his letter of resigna tion, Harold Smith took a parting snick at the root of a Government evil: too little money for able men. Wrote he: "It would have been only a short time until existing limitations on the salaries of public officials would have forced me out. ... I could not have continued without reducing certain fixed charges which I have regarded for many years as important to the security of my family." For about 15 years, Kansas-born Harold Smith had researched and taught the science of government, had served in local...
Board Chairman Smith, an ex-major general, was well aware that he might be accused of putting veterans out of business; he hastened to defend American's air cargo plans. In full-page newspaper ads he pinned a discharge emblem on American by pointing out that it employed 6,000 veterans, was therefore "the largest veterans group in air transportation." The little business veterans, who would prefer to be the largest group themselves, were not impressed with the general's logic...