Word: symingtons
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...Symington's battles were accompanied by disappointments. He hoped to be named Secretary of Defense, later aimed at the top mobilization job, which went to Charlie Wilson. After the Truman shrug last week, Symington said: "A man . . . ought to go back to private life some time and regain his perspective; he ought to get out of Washington and get his feet on the ground again...
This week, Harry Truman formally accepted Symington's resignation and named his successor: Harry A. McDonald, chairman of the Securities & Exchange Commission, former Detroit investment banker, a Republican...
...that Stuart Symington is pulling out of the RFC (see NATIONAL AFFAIRS), Bolivians hope that a settlement is at last in sight in their ten-month-long row with the U.S. over the price of tin. Last week Ambassador Ricardo Martinez Vargas had a talk with President Truman, and Dean Acheson declared that it was "extremely important" for agreement to be reached quickly between the two countries...
...issues, so simple when the row started, had become complex. When the Korean war began, the world price of tin shot up from less than 80? to almost $2 a Ib. Symington, the official U.S. tin buyer, refused to pay such a gouging price. Since the U.S. takes about half the world's tin, the price fell. 'Bolivian tin men cried ruin, demanded $1.50. Symington offered...
...looked as though most of the sneers and snarls could have been averted by alert U.S. diplomacy. Once Symington made the RFC ruling, the proper business of State, as the agency charged with foreign relations, was to support the ruling, have it withdrawn or work out a compromise that would have saved latino good will as well as supplied U.S. needs...