Word: shakeing
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Chief among the technicians is Finance Minister Walther Moreira Salles, 49. A liberal-minded banker who was twice Ambassador to the U.S., Moreira Salles has tried hard to shake Brazil out of its economic nightmare-a looming 1961 budget deficit of $600 million, with inflation rumbling into the wheelbarrow stage. Moreira Salles turned off the spinning cruzeiro presses, laid plans to slash government spending 20%, drew up a sense-making tax-reform bill. The cruzeiro free-exchange rate, fallen 33% (to 360 to the dollar) firmed up to 340 and seemed about to right itself...
Conquering Design. Stevenson argued that the admission of Red China would 1) be irreversible. 2) add a "disruptive and demoralizing influence" to the U.N., 3) shake public confidence in the U.N., especially in the U.S., "and this alone would significantly weaken the organization," and 4) give tacit consent to Red China's "design to conquer Taiwan and the eleven million people who live there...
...York Herald Tribune, the big move was "a sorting out of round pegs and square holes." The Detroit News found that "apparently the State Department needed a housecleaning." The Tampa Tribune hoped that the changes would improve things, but doubted it. "Otherwise," editorialized the Tribune glumly, "the shake-up means only that State Department memos will be handled with great efficiency-and that the mountain of memos will continue to produce the mice of policy." The Christian Science Monitor urged Kennedy to press on: "The streamlining of State ought to continue. And it should reach much further down into...
...shake-up that rattled around in Wall Street's rumor mills for days before it became public, one of the nation's industrial giants last week rejiggered its top management. Out as president of the kaleidoscopic Radio Corp. of America went John Lawrence Burns, 53, who took on the $200,000-a-year job under a ten-year contract less than five years ago. A top-drawer management consultant, Burns came to RCA from Booz, Allen & Hamilton, where he had been rated an expert on the problems of running big corporations and had included RCA among his clients...
President Kennedy's weekend shake-up of his administration is "definitely an attempt to turn the StateDepartment into an agency of the Presidency," Charles R. Cherington, professor of Government, said last nigh in a statement typifying Faculty analysis of the situation, both on and off the record...