Word: trusters
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...Minority Leader (later Speaker) Sam Rayburn, a fellow Texan who became his beloved mentor, and whom Johnson eventually betrayed in a competition to become Franklin D. Roosevelt's chief operative in Texas. "Lyndon had one of the most incredible capacities for dealing with older men," recalls F.D.R. Brain Truster Tommy Corcoran, whose boss was among those captivated by the Johnson treatment. "He could follow someone's mind around, and get where it was going before the other fellow knew where it was going...
...True, Stewart scoffed that the final product had been edited from a "D" to a "B" by law school grading standards, but the incident showed that the court has internal checks and balances. Lobbying by outsiders is shown to be futile. When the Washington lawyer and Franklin Roosevelt brain-truster Thomas ("Tommy the Cork") Corcoran visited his old friend Black and acquaintance Brennan to get a controversial antitrust decision reheard, or when New York Times Editor James ("Scotty") Reston telephoned Burger to talk about the Pentagon papers case, they were quickly rebuffed...
...Conservative Party. Former Prime Minister Edward Heath, whom Thatcher deposed as party leader three years ago, broke with party policy by openly sup porting Callaghan's wage stand, even as he campaigned for the Tory candidate in the Scottish by-election. Conservative M.P. George Gardiner, a Thatcher brain-truster, last week complained that "receiving support from Ted Heath is like being measured by an undertaker." A Labor Party spokesman had a quick retort: "Perhaps the result means that rank-and-file Conservatives prefer their former leader to their present...
DIED. Marriner S. Eccles, 87, Utah banker and former New Deal brain-truster who headed the Federal Reserve Board for twelve tumultuous years; in Salt Lake City. Though a Republican, Mormon Eccles was one of Franklin Roosevelt's earliest backers, and after being named Fed chairman in 1936, he kept monetary policy in step with New Deal efforts to foster economic recovery and fight World War II through massive deficit spending. Accused of turning the Fed into "an engine of inflation," he subsequently tightened up credit and so vigorously reasserted the board's independence that Harry Truman refused...
...Economist John Maynard Keynes in his 1936 work, General Theory of Employment, Interest, and Money: that government should take an active role in manipulating the economy through tax and spending policy to maintain high employment, even at the cost of mounting debt and added inflation. As a Roosevelt brain-truster during the New Deal, and as a consultant to various Washington agencies in the 1940s, he was instrumental in turning Keynes' ideas into national policy. At Harvard, where he held the prestigious Littauer chair in political economy from 1937 to 1956, Hansen taught many of today...