Word: washingtonism
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Dates: during 1950-1959
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...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 George Humphrey decided to go back to the steel business, he persuaded Anderson to return to Washington to succeed him. In mid-July 1957, outgoing Secretary Humphrey took incoming Secretary Anderson to the Bureau of Engraving and Printing to see the first dollar bills coming off the presses with Anderson's signature on them. They were also the first U.S. greenbacks to bear the motto "In God We Trust...
...banker both on Wall Street and in Government and a firm believer in the imperatives of a sound world economic policy. Gradually the President's statements on foreign aid began to soften. By last September, Anderson could bluntly tell the World Bank and International Monetary Fund meeting in Washington: "There must be a reorientation of the policies of the earlier postwar period...
...plan to set up an International Development Association (with the U.S. contributing one-third of the capital) to make loans that, unlike World Bank loans, would be repayable in the borrowing country's own currency, no matter how soft. At the World Bank-International Monetary Fund meeting in Washington in late September, Anderson pushed the plan, won over the World Bank's soft-loan-mistrusting board of governors...
Said Secretary Flemming at a press conference specially called just 17 days before Thanksgiving: two batches of the cranberry crop from Washington and Oregon had been found contaminated from improper use of a toxic weed killer called aminotriazole. The chemical, he said, had been tested on rats and had caused thyroid cancer. And so consumers should avoid buying Washington and Oregon cranberries until a way is found to separate the good berries from the bad. In fact, said Flemming, housewives should be "on the safe side" and not buy any, unless they could be sure that the berries were...
...Where does the power lie in this alliance?" demanded a senior U.S. official last week. Firmly he answered himself: "It rests here in Washington." But the need for asking the question was as significant as the confident answer. For, to judge by the news last week, the pace, perhaps even the policy of the alliance, was being set, if anywhere, in the office of the President of France...