Word: prospecting
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Dates: during 1960-1960
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Road to Pakistan. Every day, Sarge Shriver arrived at Kennedy's Georgetown home with a bulging briefcase in hand and a few comments to make on the virtues and liabilities of prospects. Kennedy kept as busy as his staff, making telephone calls on his own all over the country, poring over the papers that Shriver brought him (e.g., the collected speeches and writings of Rusk), questioning visitors who filed endlessly through his drawing room. Before approving Harvard's David Bell as Budget Director, the Kennedy dragnets even checked Pakistan to see how he had done as an economic...
...hardest to land was Treasury Secretary Douglas Dillon. Kennedy never considered a liberal for the Treasury post, sought his men almost exclusively in the ranks of conservative bankers. World Bank President Eugene Black, 62, was easily the most admired prospect, but after John McCloy, board chairman of the Chase Manhattan Bank, and Lovett refused the lure, Kennedy decided that Republican Dillon was his man, and went after him personally. Once last week the President-elect went to the length of going secretly to Dillon's Washington home. Dillon accepted only after checking Dwight Eisenhower and Dick Nixon to make...
Rusk is unconcerned, too, about the prospect that John F. Kennedy will be his own maker of foreign policy. As Rusk sees it, that is just the way it ought to be. "It is possible for the President to delegate too much to his Secretary of State," he says. "The President has great prerogatives, which he must retain in his own hands. The President is in charge of the raw power of the State...
Respect for Views. Canada would indeed like to increase trade-and not simply because the prospect of a slice of the former $545 million-a-year U.S.-Cuba trade looked irresistible. A tide of nationalism and of disenchantment with U.S. leadership is running in Canada. Hardly a day goes by without calls for Canada to assert its own leadership and go its own self-interested way. Last week Prime Minister Diefenbaker rose in the House of Commons to explain Ottawa's official position. Said he: "We respect the views of other nations in their relations with Cuba just...
When Ford recently decided to buy the rest of the stock (44%) of its British subsidiary, the prospect of $300 million in U.S. capital flowing to Great Britain so worried Treasury Secretary Anderson that he personally tried-unsuccessfully-to get the company to reconsider its plans. The Ford episode highlights the whole question of whether the vast outflow of U.S. private capital should be curbed as one method of dealing with the gold outflow...