Word: mccloy
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Dates: during 1970-1979
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...Dorsey and his predecessor as chairman, retired E.D. Brockett, were not present.) With only a break for dinner, they listened to John J. McCloy, former World Bank chief. Though he had no direct connection with Gulf, he had been chosen by the directors to head a company self-investigation ordered by the SEC. Helping him were Gulf Directors Nathan W. Pearson, a key financial adviser to the Mellon family (owners of about 20% of Gulfs stock), and Beverley Matthews, a Toronto lawyer. The three formed a special review committee and produced a 298-page report. Slowly, cogently, McCloy reviewed...
...Scouts. The trouble, McCloy found, started in 1959, when Gulfs then chief executive officer W.K. Whiteford decided that his company needed more "political muscle." To get it, he ordered that a covert fund be set up. In 1960 the Bahamas Exploration Co. Ltd. in Nassau was transformed from an insignificant subsidiary into a firm that could "launder" Gulfs money and pass it along to politicians. Whiteford insisted that the fund be kept secret from the Mellon family and from the executives that he called the "Boy Scouts"-E.D. Brockett and Bob R. Dorsey. To the directors at last week...
...Commission issued its 888-page summary and 25 accompanying volumes of exhibits and testimony. Headed by Chief Justice Earl Warren, the commission included Congressmen Gerald R. Ford and Hale Boggs, Senators Richard B. Russell and John Sherman Cooper, former CIA Director Allen W. Dulles and former Diplomat John J. McCloy. The mass of evidence was gathered over nine months and based on some 25,000 interviews conducted by the FBI, another 1,550 by the Secret Service. In addition, the commission's staff of 14 lawyers examined 395 witnesses and took sworn statements from another 63. The commission itself...
...leadership of the Republican Party at large, the fall of Richard Nixon was a moment of genuine distress. Barry Goldwater called it "the saddest days of my life." Many, like Georgia Party Chairman Robert J. Shaw, wept. John J. McCloy, an elder among New York Republicans, called the Nixon speech "a dignified statement, a dignified exit," adding: "We shouldn't expect any more than what it contained; we shouldn't cavil at it now." After watching the Nixon speech in California, Governor Ronald Reagan, who had continued to support the President until only a day earlier, said that...
...have been heartened by the response to my nomination," he told Sidey, "by telephone calls from people who have disagreed-Averell Harriman, Mac Bundy, John McCloy. It makes me hope we can really unite this country. There are elements of a truly constructive period ahead. If we don't tear ourselves to pieces domestically, we can build something that will last beyond this Administration. It must be built on previous Administrations too. We have brought some major changes, but some of them were open only to us. But they wanted what we wanted...