Word: strackbein
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Reciprocal Trade. President Eisenhower asked for five-year reciprocal trade extension, with tariff-cutting authority of up to 25%. During bitter House fight, the Administration applied heat (moaned veteran Tariff Lobbyist Oscar Strackbein: "I have never seen such pressure since the days of Franklin Roosevelt"), got vital help from able Arkansas Democrat Wilbur Mills, chairman of House Ways & Means Committee. House result: 317 to 98 for the President's program, an astonishing victory. But reciprocal trade ran into trouble with the protectionist-dominated Senate Finance Committee. Senate result: a relatively weak bill, with three-year extension and 15% tariff...
...White House put so much behind-the-scenes heat on wavering Republican Congressmen (who voted 2 to 1 for the bill) that baffled Tariff Lobbyist Oscar R. Strackbein, after betting a month before on a victory for the protectionists, glumly observed: "I have never seen such pressure since the days of Franklin Roosevelt." In the last days before the floor debate, Republicans trudged into Dick Simpson's office to ask him to release them from their promises to vote with him. A vote against reciprocal trade, one explained, would cost him White House support for a bill that...
...Strackbein, an ex-economics professor who gets $20,000 a year plus expenses for running three separate high-tariff organizations out of a small office...