Word: trumanism
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Dates: during 1960-1969
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John F. Kennedy had discovered no skeletons in the Eisenhower closet, no cataclysmic secret-intelligence reports. But he had discovered that even a well-informed, alert Senator and President-elect has no conception of the responsibilities of the U.S. presidency. Shortly after April 12. 1945. Harry Truman said that he felt as if a load of hay had fallen on him. Kennedy was showing something of the same load, but being Kennedy, he came out fighting. He had also discovered, like many a predecessor, that he was bound in his high ambitions by the same realities that had bound...
James Edwin Webb, 54, administrator of the National Aeronautics and Space Administration. Another of Kennedy's Phi Beta Kappa keymen (University of North Carolina, '28), chunky, intense Jim Webb was a wartime Marine pilot, Harry Truman's budget director (1946-49) and Dean Acheson's capable Under Secretary of State (1949-52). A well-to-do lawyer and businessman, he is a director of McDonnell Aircraft, which makes the Mercury space capsule, and assistant to the president of Kerr-McGee Oil Industries, whose driving force is Oklahoma Democrat Bob Kerr, the chairman of the Senate Aeronautical...
Frank Daniel Reeves, 44. Special Assistant to the President. Reeves is a veteran of the Roosevelt and Truman Administrations, fought the integration battles of Little Rock and Northern Virginia as a lawyer for the National Association for the Advancement of Colored People, and built up a prosperous Washington private law practice. He is the first Negro to hold the job of Democratic National Committeeman from the District of Columbia, and during the campaign was a key Kennedy adviser in a highly successful drive for Negro votes...
After World War II service as a chairborne lieutenant commander in the Navy Department, he was briefly Assistant Secretary of State for Economic Affairs in the Truman Administration...
...election), regained almost all the ground that they lost in the 1960 late summer decline of 90 points. To date, the post-election gain represents a greater market advance than those that followed the election of Eisenhower in 1952 and 1956, and a reversal of the pattern after Truman's election in 1948, when stocks dipped until...