Word: rfc
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...Republican Party-which has not had a winning campaign slogan since 1946's "Had Enough?"- last week reached back to the 19th Century in search of another. In Elgin, Ill., Republican National Chairman Guy George Gabrielson suggested that in view of the RFC scandal (see Investigations), there was nothing more appropriate for the G.O.P. m 1952 than the phrase used by the Democratic Party in 1884. The slogan: "Throw the Rascals...
Before the Senate Banking subcommittee investigating influence in the RFC, Director Dunham, 69, leaked excuses like a wet paper bag. But his story was the most detailed report yet of the sordid state of influence peddling, political wangling and general stockjobbing into which the once-great RFC had fallen...
...Member. Dunham, a Republican and onetime president of a Detroit bank, pleaded that his was "a sad history of a businessman so naive and uninformed." When he came to Washington in 1949, said Dunham, Presidential Aide Donald Dawson told him that "top personnel matters of the RFC should be cleared through the White House" and asked pointedly whether Republican Dunham "could work in harmony with the Democratic Party." Dunham said he replied that he could "work in harmony with anybody...
Soon, Dunham testified, he was caught up in a social whirl. Before he had been in his office four days, the ubiquitous Merl Young called on him. He soon found, said Dunham, that Dawson, RFC Director William E. Willett, Merl Young and Young's employer, Rex Jacobs, a Detroit manufacturer, were "all close friends, and that I was obviously regarded as a new member of their social group." He lunched with them and dined with them. Sometimes they were joined by Democratic National Chairman William Boyle...
...left to one of RFC's own harried directors to give the committee one solid bit of testimony to chew on. The whole RFC board had been "bad," declared Director William E. Willett and he guessed that he had been just "as bad as the rest...