Homeward bound from Washington last week were two top Administration officials, both disappointed men. One was Navy Secretary Thomas S. (for Sovereign) Gates Jr., 52, already marked down in Navy legend as the best Secretary since the late James Forrestal. The other was James H. (for Hopkins) Smith Jr., 49, highly respected in the State Department for his two-year stint as International

Cooperation administrator. In the curious fashion of Washington politics, the double disappointments were intertwined.

Philadelphia Banker Gates (Drexel & Co.) took over the Navy Secretary's job in 1957 after four years as Under Secretary, demonstrated the same smartness he showed...

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