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...counsel, and Ike's own confidence in Humphrey radiates through the Cabinet. After the President's heart attack, Cabinet officers gravitated to the Treasury Secretary's office, there discussed ways and means of carrying on in the Chief's absence. As the Treasury's watchdog, Humphrey has tried to hold down Defense Department spending (which nonetheless stands at a new peacetime high of $38 billion in the 1958 budget) because he suspects that there is still a lot of waste and duplication. He mistrusts foreign aid; last week word got around that he had proposed...

Author: /time Magazine | Title: National Affairs: IKE'S CABINET | 2/4/1957 | See Source »

...ditches to keep it from running all over." Hearing such dazzling reports, 100 Midwest investors recently plunked down $1,500,000 for shares in tiny Keystone Oil Co. As it turned out, Keystone was more talk than oil. Last week the Securities and Exchange Commission, the Government's watchdog over securities markets, filed charges against Chicago Promoter Harry G. Ames, 61, on 14 counts of mail fraud and failure to comply with SEC regulations. The Keystone case,, coming after the collapse of Bellanca stock (TIME, June 25) and indictment of Walter F. Tellier (TIME, May 7), pointed...

Author: /time Magazine | Title: Business: THE SEC IS UNEQUAL TO THE JOB | 7/16/1956 | See Source »

...Central Intelligence Agency's privileged hush-hush irritates many a Congressman, and Montana's well-meaning Senator Mike Mansfield had little diffi culty in finding 34 co-sponsors last January for his resolution proposing a joint congressional watchdog committee over CIA. Said Mansfield thoughtfully: "If we accept this idea of secrecy for secrecy's sake, we will have no way of knowing whether we have a fine intelligence service or a very poor...

Author: /time Magazine | Title: THE CONGRESS: Cloak & Naggers | 4/23/1956 | See Source »

Although the watchdog theory may have been effective in the bygone days of tutoring schools, it seems superfluous today. Students who really want to cheat can probably outwit the examiners. A proctor would be necessary for virtually every student to prevent an occasional cheater from consulting his small sheet of math formulas or list of important dates...

Author: NO WRITER ATTRIBUTED | Title: The Evil Eye | 2/11/1956 | See Source »

...than just getting Queeg off his teetering bridge; some 50 sailors and Royal Marines are wounded, two die in a bloody free-for-all on the decks. The H.M.S. Ulysses is a 5,500-ton light cruiser, "the first completely equipped radar ship in the world," the seeing-eye watchdog of the Murmansk convoy run. Unlike that long-drawn-out, suspenseful business on the Caine, Ulysses' mutiny has already taken place, and this is the story of her glorious "redemption." This being the Royal Navy, the mutiny was a lower-deck affair, and the only officer-villain goes overside...

Author: /time Magazine | Title: Books: Royal Navy Raises Caine | 1/23/1956 | See Source »

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