Word: w
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Dates: during 1970-1979
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That realization has come hard to Populist Carter, who, in the words of one top adviser, "has a block about Big Business." But it is a natural enough view for his Secretary of the Treasury, W. (for Werner) Michael Blumenthal, who, after a rocky beginning in his post, has in the past few months gained clear pre-eminence among the President's economic aides. Blumenthal is a former Big Businessman himself?he was chairman of Bendix Corp. before he came to Washington?and, though he has never been fully accepted by corporate leaders as one of their own, he knows...
Every now and then, residents of Washington's Foggy Bottom neighborhood see a rumpled man with sad beagle eyes bearing a big, round bundle from his bachelor apartment to a coin-operated basement laundry. There goes W. Michael Blumenthal, 52, one of the most potent powers of global finance, carrying his dirty underwear to a washing. Blumenthal surely could afford a maid, even though he took a $534,000 salary cut-from $600,000 down to $66,000-when he left private industry to become a Government servant. But he prefers to perform his own chores because...
...furniture factory worker earning $5 a week; but his mother died during the flu pandemic of 1918, just before his first birthday. Her last wish: that Cornelius Jr., the youngest of five children, be raised by Sale's sister and her husband, the Byrds, who moved to Stotesbury, W. Va., when he was four. Renamed and unaware that he was adopted, Byrd met his real father for the first ?and last?time when he was 15. His adoptive mother, wife of a coal miner, was a strict disciplinarian. "I never remember her kissing me," Byrd recalls, "except once." Young...
...saved enough to marry his high school sweetheart, Erma Ora James. Occupying two rooms of a house owned by his employers, the Byrds could not even afford an ice box; they hung half an orange crate outside a window. Four years later the couple moved to Crab Orchard, W. Va., where Byrd got a better paying job, as head butcher in a supermarket...
Byrd then bought his own grocery store in Sophia, W. Va., and started earning credits for a bachelor's degree at three different West Virginia colleges. In 1952 he was elected to the U.S. House of Representatives. "There was no time for leisure, no time for anything but work, work," says Byrd...