A Senate Banking and Currency Sub-Committee today approved the nomination of Commodore James K. Vardaman, President Truman Naval Aide, to be a Governor of the Federal Reserve system. The Commodore is shown at his desk at the White House today. From: Beth Gore.
Commodore James K. Vardaman Jr., President Harry S. Truman's nominee to be a member of the Federal Reserve Board, denied that he was in any way connected with the failure of the Vardaman Shoe Company of St. Louis, Missouri. The President's Naval Aide endeavored to show the Senate Committee that he was not in operating control of the company at the time it was placed in receivership in 1942 or several months previously. From: Beth Gore.
President Harry S. Truman, accompanied by his new Naval Aide Captain James K. Vardaman, walks to the Blair House for luncheon today. They are accompanied by Secret Service men. From: Beth Gore.
Commodore James K. Vardaman, Jr., left, was sworn in today as a member of the Federal Reserve Board, leaving his post as Naval Aide to President Truman; and Captain Clark M. Clifford, St. Louis attorney, right, is to succeed Vardaman as the President's Naval Aide. The pair is shown here congratulating each other. From: Beth Gore.
General James A. Van Fleet, left, and Lt. Gen. Edward M. Almond, former 10th Army Corps Commander, snapped at a Senate Armed Services Subcommittee hearing today where they were questioned about the recent serious ammunition shortage in Korea. The Committee is trying to fix the blame for the shortage. From: Beth Gore.