Word: vinson
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Dates: during 1940-1949
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Chairman Carl Vinson, D., Ga., of the Naval Affairs Committee, said he would offer a proposal to continue the draft until February 15, 1947, but suspend inductions from May 15 to October 15 while the Army and Navy "conducted an intensive voluntary recruitment program...
...feeling, the operating mechanism for the World Bank & Fund was set up last week at Savannah. Basic causes of the trouble were the old differences between Britain and the U.S. on how Bretton Woods should be implemented. But there was a new irritant. U.S. Treasury Secretary Fred Vinson looked like a weary ewe, but ran the nine-day conference with ram-like authority. He got exactly what he wanted-and the British be damned...
...British did not like the way Fred Vinson sidetracked Assistant Treasury Secretary Harry White, one of the foster fathers of Bretton Woods and top U.S. expert. They get on well with him, thought he was the best man to head the Fund. Instead, he was relegated to the less important job of director. (President will probably be Graham Towers, governor of the Bank of Canada...
...most important U.S. Bretton Woods official will be the president of the Bank. Leading candidate for the $30,000-a-year job was Lewis Douglas, president of the Mutual Life Insurance Co. and an old crony of Fred Vinson's. A onetime Democratic Congressman from Arizona, and U.S. Budget Director, he had quit the New Deal in protest against its spending policies. His appointment would be a sop to conservative Democrats...
...Held a Cabinet meeting and talked twice with Treasury Secretary Fred M. Vinson about U.S. policies at the international monetary conference (see INTERNATIONAL...