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...must to almost all congressional investigations, partisan politics last week burst into the Senate Armed Services Subcommittee's probe of Government war-emergency stockpiling. Missouri Democrat Stuart Symington, the subcommittee chairman, expansively told a news conference that his three months of hearings had disclosed that "the taxpayers stand to lose over $1 billion as a result of these stockpile operations-far greater than any I have seen in the Billie Sol Estes case...

Author: /time Magazine | Title: Nation: Stockpile Spat | 6/8/1962 | See Source »

...news conference, Democrat Symington indicated he had far bigger game in sight. He said he might quiz Eisenhower's Treasury Secretary George Humphrey about limited-risk contracts that the Truman Administration signed, just four days before it went out of office, with Hanna Nickel Smelting Co. Humphrey headed the nickel company's parent firm, M.A. Hanna Co., before he joined the Government, and he retained his Hanna stock while Treasury Secretary. All of these facts had been disclosed long ago, but Symington said he wanted to know if Humphrey's companies made unjustified profits...

Author: /time Magazine | Title: Nation: Stockpile Spat | 6/8/1962 | See Source »

...Symington's partisan play infuriated Dwight Eisenhower, who just happened to be in Washington lunching with Republican Congressmen. He said his Administration had played no favorites in administering the stockpile program, a program which, he emphasized, "operated under laws that existed long before I got there." As for George Humphrey, Ike remained a fervent admirer. Said he: "If Secretary Humphrey ever did a dishonest thing in his life, I'm ready to mount the cross and you can put the nails and spear...

Author: /time Magazine | Title: Nation: Stockpile Spat | 6/8/1962 | See Source »

...illuminating forums, such as "Apartheid: Two Sides," which consisted of one-sentence utterances from Macmillan and South African Prime Minister Henrik Verwoerd. Its white hope at the moment is George Romney, and when it is not booming him World indulges in head-hunting. Recently it vituperatively attacked Sen. Stuart Symington, as a "Cassandra," and published an old picture of William Arthur Wieland and Fidel Castro captioned, "William Arthur Wieland listens to a friend...

Author: By Michael S. Lottman, | Title: Good Circulation But No New Blood | 2/24/1962 | See Source »

...surplus, which is why the President's excessively public shock seems extremely ineffectual. He has promised not to take any action that would disturb commodity prices, which, by the way, means that he can not liquidate any of the stockpile investment. The best, in fact, that he or the Symington Committee can do is to urge that Congress approve more sales from the stockpile and that future purchases under government contracts be made more consistent with the conditions of nuclear warfare...

Author: NO WRITER ATTRIBUTED | Title: A Surplus Announcement | 2/17/1962 | See Source »

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