Word: vandenburg
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...have $2,780,000,000 in excess reserves sitting idle. This second idea of Mr. Roosevelt's did not appear until last fortnight. Until then a committee of underlings had been absorbed solely in the technicalities of unifying the existing examinations. Fortnight ago, in a letter to Senator Vandenburg, Federal Reserve Board Chairman Marriner Stoddard Eccles suggested that bank regulations should be loosened in depressions when credit is needed, tightened in booms (TIME, June...
...Senator Vandenburg's comment that the nomination is excellent "in view of the circumstances" is a favorable reflection on the President's good judgment in selecting Reed. Mr. Roosevelt might have picked a senatorial progressive who has fought many political battles for the administration or be might have chosen a brilliant professor who has done much to reshape legal thinking. But such an appointee would inevitably have been scored as just a partisan agent or an impractical theorist. By appointing a lawyer who has won the admiration of administration critics, the President has accomplished his purpose without offending a large...
...camp of the Phillistines we find the two defeated war horses Hoover and Landon, unreconciled even in their hour of travail. Neither of these former champions have ever seemed peculiarly ingrained in the affections of the American people but Senator Vandenburg is a man of different caliber and definitely the most quietly impressive figure in the "grand old party." That he will wear upon his sage and untroubled brow the republican laurel in the next election, is a fairly universal opinion...
...growing national importance:--Fiorello La Guardia. A progressive, pro-labor, a disciple of Franklon Roosevelt and a man of unchallenged integrity, LaGuardia stands to win everything if he is returned to office as Mayor of New York. 1940 will most likely see Henry Wallace facing Vandenburg and if eight years of Roosevelt magic proves too much for the G. O. P. machine, then, certainly 1944 will see LaGuardia in a key position, both in his own Republican party and in the affections and admiration of the people of the United States...
Neither the Geological Survey, a board of Army, engineers, a W.P.A. committee had any use whatsoever for the project. Even the abject House, for once, baulked at initialing the plan. The most ringing denunciation came from the Senate, where Senator Vandenburg introduced masses of damaging testimony, demanded and received the support of his colleagues in casting out the measure implementing the project, which had already been started by presidential fiat...