National Affairs: NEW TREASURY BOSS

Named by President Eisenhower last week to succeed George Magoffin Humphrey as Treasury Secretary: Robert Bernerd Anderson, 47.

Early Years. Son of a Texas cotton and dairy farmer, Bob Anderson worked his way through two years of college, then taught high school in home-town Burleson (pop. 800), and coached an unbeaten football team on the side, until he could save enough to start himself through the University of Texas law school. During his final year of law school, Democrat Anderson campaigned for the state legislature on weekends, was elected the day he graduated (with the...

Want the full story?

Subscribe Now

Subscribe
Subscribe

Learn more about the benefits of being a TIME subscriber

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