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Jack Morgan might have the minds of other American bankers, but Ivar had the hearts of American investors, and those investors now had the power. Ivar didn’t need to lend his own money to France. Instead, he could act as an intermediary, raising money from the Americans and lending their money.
Frank Partnoy • The Match King: Ivar Kreuger, The Financial Genius Behind a Century of Wall Street Scandals
On each civil rights vote, he would use the minimum number of westerners necessary to accomplish his purposes, not requiring the others to vote with the South. But the fundamental nature of the deal is what Johnson said it was—in return for southern votes for Hells Canyon, “I got the western liberals to back the southerners” on civil rights. While,
... See moreRobert A. Caro • Master of the Senate: The Years of Lyndon Johnson III

Elmer M. Ellsworth, a special assistant to Governor Winship, was a member of this hand-picked jury.
Nelson Denis • War Against All Puerto Ricans
The Use of Knowledge in Society
Friedrich Hayek's essay explores the decentralized nature of knowledge in society, emphasizing the importance of the price system in coordinating individual decisions effectively, highlighting challenges of central planning.
cato.org
If Foreign Relations was going to be the main point of the Republican attack, Lyndon Johnson said, Democratic defenses on that committee should be especially strong, but they were, in fact, weak. They should be shored up by senators with the expertise in foreign affairs, and the force, to stand up to Taft. He had two senators in mind who fit that d
... See moreRobert A. Caro • Master of the Senate: The Years of Lyndon Johnson III
Even while attention had still been focused on Part III, the jury issue was bubbling up below the surface, and it reinforced the alliance with the South that had already been forged among the western senators by Hells Canyon. A jury trial amendment was part of the South’s price—its rock-bottom, non-negotiable price—for not filibustering. And in its
... See moreRobert A. Caro • Master of the Senate: The Years of Lyndon Johnson III
Corcoran had come to the ranch bearing the offer of a substantial gift—from a man who had the power to make one: Joseph P. Kennedy Sr. In a meeting in New York, the Ambassador instructed Corcoran to tell Johnson that if he would publicly enter the race for the nomination, and would privately promise that if he won, he would select Jack Kennedy as h
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