National Affairs: The Big-Name Hunt

The flushing of Big Ed Pauley as a commodities speculator (TIME, Dec. 22) set off one of the most spirited political shoots that Washington has seen in many a year. Pleased with the size and color of its first bird, the Republican-dominated Senate Appropriations Committee began to beat the bushes for more big Administration names.

As most Congressmen knew, Agriculture Secretary Clinton B. Anderson is empowered by law (the Commodity Exchange Act) to keep an up-to-date list of trades and traders. The Republicans were sure that such a list would reveal the names of other important Democrats. They also knew, of course,...

Want the full story?

Subscribe Now

Subscribe
Subscribe

Get TIME the way you want it

  • One Week Digital Pass — $4.99
  • Monthly Pay-As-You-Go DIGITAL ACCESS$2.99
  • One Year ALL ACCESSJust $30!   Best Deal!
    Print Magazine + Digital Edition + Subscriber-only Content on TIME.com

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!