Word: upness
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Dates: during 1950-1959
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After little more than a year as Navy Secretary, Anderson stepped up to the Defense Department's No. 2 post. Deputy Defense Secretary. In mid-1955 he left the Administration to take over as president of Ventures, Ltd., a Canadian holding company with worldwide mining interests. When Treasury Secretary...
The Big Change. Besides the inherent difficulties of the task, Anderson has to contend with a widespread failure, at home and abroad, to grasp how radically the world economic picture has changed over the years since World War II. Back in the late 1940s, the U.S. was the principal source...
AID. Anderson's goal is to make aid to underdeveloped countries a cooperative free-world undertaking. At the World Bank-IMF meeting in New Delhi in October 1958, Anderson sponsored a proposal to increase World Bank funds by doubling the member nations' commitments to guarantee World Bank bonds...
To remind Western Europe and Japan that the Marshall Plan days were long since over, Anderson last month took the dust-stirring step of announcing that henceforth dollars lent to underdeveloped countries by the U.S.'s own Development Loan Fund (outgo: about $550 million a year) must be spent...
At week's end, apprehensive over the uproar and still reluctant to give up his salary and fringe benefits for the $19,000 ARPA salary, Critchfield called McElroy from San Diego, resigned before even taking up Government duties. The public controversy, he said, "has most certainly impaired my ability...