Word: bernerd
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...free-world economic policy based on growing prosperity through freer trade. The drive was the President's own. But the man behind the drive was a tall (6 ft. 2 in.), mild-mannered Texan with a lingering touch of the prairies in his soft twang: Robert Bernerd Anderson, 49, Secretary of the Treasury and the strong man of Dwight Eisenhower's Cabinet...
...Rocks. In London, after a court ordered him to stop cars from coming to his pub because of the noise they made on the cobblestone street, Geoffrey Bernerd hired three rickshas to transport his customers...
...Recovery? The man with the most reason to be concerned about all this is Treasury Secretary Robert Bernerd Anderson. He must raise up to $12 billion in new financing this year to cover expected budget deficits, and also has to refinance $46 billion in maturing securities. This formidable financing chore comes at a time when yields on recent U.S. bonds are sharply rising. If Anderson raises the coupon rate on forthcoming issues to match the competition from older bonds, he will tend to raise all interest rates. Such a course might well nip the general business recovery. At the same...
Named by President Eisenhower last week to succeed George Magoffin Humphrey as Treasury Secretary: Robert Bernerd Anderson...
...Robert Bernerd Anderson, 45, who resigned recently as U.S. Deputy Secretary of Defense (TIME, July 25), became president of Ventures Ltd., giant Canadian holding company with interests (mostly mining) scattered over five continents. He succeeds Thayer Lindsley, Ventures' founder, who becomes board chairman. Texas-born Lawyer Anderson will help push the company in a new direction. It will slow down on expanding its holdings, concentrate on developing them. To that end, Ventures is being reorganized so that the board will have fewer staff executives, more experts in finance and business. ¶ Robert Hugh Johnson. 56, moved up from first...