Word: trumans
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Dates: during 1940-1949
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...group who found it hard to agree. As far as Nourse was concerned, the job was to report the economic terrain exactly as he saw it. As far as Keyserling was concerned, the job was to report the scene so that it fitted into the political philosophy of Harry Truman's Democratic Party. Between those two points of view, Clark wavered back & forth. In the beginning, Nourse's view of the CEA as an economic transit, not a political tool, generally prevailed...
...Edwin G. Nourse, titular head of the President's economic advisers. He began his speech by skeptically questioning a glittering prediction by his economist colleague, Leon Keyserling, of a $350 billion national income by 1958, with a $4,000 minimum a year for almost every family. Mr. Truman later used this as the basis for a new political...
...with a Transit. For three years, good, grey Edwin Nourse, 66, a onetime vice president of Brookings Institution, had been chairman of Harry Truman's Council of Economic Advisers. The CEA had been set up to keep the President informed as to the complex economy's ups & downs and in-betweens. On the CEA with Nourse were ardent New Dealer Keyserling, 41, who helped Senator Robert Wagner write the Wagner Act, and John D. Clark, an economic and political anomaly who was onetime vice president and director of Standard Oil of Indiana...
Answer to a Desire. After Harry Truman's re-election and the triumphant upsurge in Washington of the Fair Deal, Keyserling began to move in. Almost any time Nourse opened his mouth in public, Keyserling, from his adjoining office, wrote him a long-winded and challenging letter, keeping carbons for the record. Patiently Nourse replied by letter-also for the record. Increasingly Nourse dissented from Harry Truman's economic views; consistently Keyserling agreed with them, supported them. Finally Nourse wrote his resignation, remarking to a friend after the President's 1949 Economic Report to Congress...
...Federal Penitentiary at Danbury, Conn. for using the mails to defraud. When in Washington as Congressman from the 11th District (Cambridge and Somerville). Curley had been the nominal president of the Engineer's Group, Inc., a company dedicated to the purpose of getting government contracts for small businesses. The Truman Committee, investigating the Group, caught up with the promoter James G. Fuller, a notorious confidence man. In the proceedings, it was found that Curley had accepted a $3500 check for services along the way. Therefore, in a trial in the District of Columbia, Justice James K. Prector ruled that Curley...