Word: symington
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Industrialist (Emerson Electric Co.) Symington has never been a Truman yes man. As the first Air Secretary, he fought the Army, the Navy and the President, insisting on a 70-group Air Force...
...Symington went on to head the National Security Resources Board. That made him a member of the National Security Council, where he argued for a more active U.S. policy in opposing Communist aggression...
...more than six years, W. Stuart Symington has been a tireless troubleshooter for Harry Truman. He has handled four mettle-testing Washington assignments since Truman brought him in from St. Louis in 1945 as Surplus Property Administrator. Last week, with a casual shrug of the shoulders, Truman dropped the word that he will accept Symington's resignation some time this month. Truman didn't seem to care...
Last spring, when the odor of influence-peddling and political loans in the RFC finally penetrated Truman's nostrils, he called Battler Symington in as the cleanup man. Symington fired employees who had become entangled in the influence web, and opened loan files to public scrutiny. When he decided that the world's tin producers were gouging the U.S., he slashed the price the RFC would pay for tin. This brought cries of anguish from Bolivia, and got Symington into an argument with the State Department. Now that Symington is leaving, the Bolivians hope to win the argument...
Despite all the ruckus over questionable loans and influence-peddling, the Reconstruction Finance Corp. managed to accomplish a few things last year. RFC Administrator Stuart Symington, who took over the agency when it smelled the worst last May, reported that in fiscal 1951 (ending last June 30), RFC paid more than $95 million to its sole stockholder, the U.S. Treasury...