Word: washington
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Dates: during 1940-1949
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...Washington, the State Department heard that a messenger from Canton had been sent to Europe, with a suitcase full of back pay for Chinese diplomats...
...Washington luncheon given for him by veterans' groups, Presidential Aide Major General Harry H. Vaughan seemed fully recovered from the Senate's five-percenter inquiry. Boomed Vaughan: "The only two people I have to please are Mr. Truman and Mrs. Vaughan . . . I am considered in many circles to be unethical and I am sure I will continue to be, but I am going to continue to be the way I have been...
...years. Husky, able Accountant Ed McCormick has headed up many an SEC stock flotation inquiry, including that of the Tucker Corp., some of whose officers are under indictment in Chicago (TIME, June 20). Also nominated to the commission to succeed Robert K. McConnaughey, who resigned last summer, was Washington Lawyer Donald C. Cook, 40, onetime SEC staffer, longtime Department of Justice aide. Later, the five-man commission will elect as chairman one of the three Democrats - McCormick, Cook, or Commissioner Paul Rowen...
Married. Cornelia Mary Vanderbilt, 49, expatriate great-granddaughter of the late "Commodore" Cornelius Vanderbilt (in 1925 she inherited some $40 million from her father, George Washington Vanderbilt) ; and Vivian Francis Bulkeley-Johnson, 58, bank secretary; both for the second time; in London...
...former RFC director and onetime South Carolina banker, Sam Husbands, in the words of his onetime boss Jesse Jones, "knows more about banks than any man in the U.S." He also knows a lot about what goes on in Washington. FRB is backing a bill in Congress which would give the board greater regulatory powers over bank holding companies that control more than 15% of the stock of an operating bank. Once Transamerica's holdings in Bank of America are reduced to 11.1%, it could argue that FRB should not be concerned with Transamerica even though the 11.1% might...