Word: setbacks
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Some political pundits thought all this a serious setback for Jim Farley's effort toregain a position of power in the New York organization. They thought it meant that the Democratic nominee for governor in 1954 will be Harriman or Roosevelt, and not Farley. However, a close look at the vote prompted some second thoughts. With most of the organization's wheels against him, Farley had managed to get 104 votes for his man to 181 for Balch. Farley's side got more votes than Balch did outside of New York City. This...
...took note of such things as tightening money rates, weakness in commodity prices, narrowing profit margins and the approaching peak in arms spending. Said he: "Whether the boom lasts six months or two years more, the new Republican Administration will probably have to deal with a major business setback." On the other hand, said Bell in the if-and-but manner of most pundits, "most businessmen think a recession is due in 1953 or 1954, but they do not expect it to be either deep or disastrous...
Bitter-Enders. Once the election was over, most of the foreign press hailed the verdict. Notable exceptions: such bitterenders as the Bevanite Tribune and the anti-American New Statesman and Nation, and the Communist papers. Said the Tribune: "Eisenhower's sweeping victory in American election marks a tragic setback to the cause of human decency and political sanity all over the world. Wall Street will rejoice at the murder of American 'socialism...
...bitterly divided party, defined his "crusade,'' and set out to pass the next test, in which the goal was 266 electoral votes. His campaign survived the Nixon crisis-stirred up partly out of hatred for the man who broke the Alger Hiss case-and turned an apparent setback into an advantage. It survived the egghead rebellion, the desertion of Ike by scores of intellectuals, journalists, Hollywoodians and other opinion makers...
...Appointment of a labor leader to the U.N. 11. In light of their "anticorruption" drive, the Republicans suffered a momentary setback when it came out that Ike's running mate...