THE ADMINISTRATION: Conflict of Interest

Plans for quick confirmation of Dwight Eisenhower's Cabinet appointees seemed to be purring along as smoothly as a 1953 Cadillac; then the engine suddenly began to pound. The noise came from the hearing room of the Senate Armed Services Committee where Secretary of Defense-designate Charles Erwin Wilson was being questioned in closed sessions. He had resigned as president of General Motors, said Wilson, but he still held 39,800 shares of G.M. stock worth approximately $2,500,000, and in the next three years he is to get bonuses, including 1,800 more shares of stock.

There was an uneasy stir in the committee room....