The Nation: Three New Chairmen for the House

BANKING AND CURRENCY

"I'm the Kraut with clout," joked Henry Schoellkopf Reuss last week after House Democrats voted him chairman of the Banking and Currency Committee. For 20 years as Representative from his Milwaukee district, Reuss had suffered Congress's archaic seniority system, waiting impatiently in the wings for his turn.

An intense, scholarly man, Reuss has had a longtime interest in the abstrusities of fiscal and monetary policy, a passion shared by his wife Margaret, an economics professor. Reuss describes himself as Lincolnian in economics. "The Government should do for people that, and...

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