C William Verity

The Senate Commerce Committee voted Wednesday with one dissent to recommend confirmation of retired Ohio steel industrialist C. William Verity, 70, to succeed the late Malcolm Baldrige as commerce secretary. The 14-1 vote sent the nomination to the full Senate, where quick approval is likely, despite an expected floor fight by some conservative members, including Sen. Jesse Helms (R-N. C.).

Never mind what the Japanese government says about opening markets to imports, or what the U.S. government says about the benefits of a shrunken dollar in marketing goods to Japan. The bottom line is that a shopper in Tokyo must try awfully hard these days to find an item made in the United States. Any number of thick books have been written about the reasons why. But this season, the latest villain in the long saga of U.S.

Commerce Secretary C. William Verity Jr. said he believes the U.S. economy is strong enough to stabilize the dollar at about its current level, after its recent sharp decline. In an interview on the ABC-TV program "This Week With David Brinkley," Verity cited an increase in U.S. exports as well as the reduction in the nation's trade deficit for November to $13.2 billion from $17.6 billion the month before. He predicted that the economy would remain healthy for at least the rest of this year.

Commerce Secretary C. William Verity Jr. said Friday that he will not seek reappointment when George Bush becomes President on Jan. 20. "He wants younger people, and I applaud him for that," said Verity, who is 71. "I was retired when I took this job, and I guess I'll be retired again." Verity, named commerce secretary in August, 1987, after Secretary Malcolm Baldrige was killed in a rodeo accident, said he is ready to help Bush in the transition to the new Administration.

Commerce Secretary C. William Verity Jr. said Friday that he will not seek reappointment when George Bush becomes President on Jan. 20. "He wants younger people, and I applaud him for that," said Verity, who is 71. "I was retired when I took this job, and I guess I'll be retired again." Verity, named commerce secretary in August, 1987, after Secretary Malcolm Baldrige was killed in a rodeo accident, said he is ready to help Bush in the transition to the new Administration.

President Reagan, at a swearing-in ceremony for new Commerce Secretary C. William Verity Jr., said that the Commerce Department "must be ever vigilant in stopping this kind of harmful technology transfer to our adversaries." Verity, 70, former chairman of Armco Steel Corp., has been criticized by conservatives for his advocacy of closer trading ties with the Soviet Union.

Commerce Secretary C. William Verity Jr. predicted Tuesday that the Reagan Administration would exceed its goal of cutting last year's $171-billion deficit by more than 15%. "At this point in time I think that we will probably do better than the 15%," he said on NBC's "Today" program. He said that would cut the trade deficit to a little below $150 billion and added that he thought it could be cut below $100 billion in two or three years. The monthly U.S.

New Commerce Secretary C. William Verity, leaving on his first official trip abroad, said Tuesday that he will warn Japanese officials about artificially low prices on exports to the United States and stress the possibility of retaliatory duties against companies involved in product "dumping." The commerce secretary, speaking before his departure for a weeklong visit to Japan, summed up his mission in one sentence: "The relationship is increasingly soured by one bad apple: trade." The U.S.

Commerce Secretary C. William Verity said Thursday that the Soviet Union was a potentially large new market for U.S. goods, but cautioned that expanded trade was not going to come quickly. He also said he planned to meet with Soviet businessmen and perhaps Soviet leader Mikhail Gorbachev, after Gorbachev's summit meeting here with President Reagan next week. Verity said at a news conference he and a number of U.S.

The dollar closed lower against other major currencies Thursday but only after repeated and concerted central bank selling, traders said. Gold closed higher in quiet trading. The dollar succumbed to intervention by the Federal Reserve and key central banks in Western Europe after brushing it off in Wednesday's trading. The Fed was said to have sold dollars to buy West German marks twice in late trading Thursday in New York, when the market was light and more vulnerable to the action.

The dollar closed lower against other major currencies Thursday but only after repeated and concerted central bank selling, traders said. Gold closed higher in quiet trading. The dollar succumbed to intervention by the Federal Reserve and key central banks in Western Europe after brushing it off in Wednesday's trading. The Fed was said to have sold dollars to buy West German marks twice in late trading Thursday in New York, when the market was light and more vulnerable to the action.

Commerce Secretary C. William Verity Jr. predicted Tuesday that the Reagan Administration would exceed its goal of cutting last year's $171-billion deficit by more than 15%. "At this point in time I think that we will probably do better than the 15%," he said on NBC's "Today" program. He said that would cut the trade deficit to a little below $150 billion and added that he thought it could be cut below $100 billion in two or three years. The monthly U.S.

As other upper-echelon Reagan Administration officials plot a return to private life, retired Ohio steel executive C. William Verity is relishing his role as "the new boy on the block." Just four months into his job, the new Commerce secretary appears determined to leave an activist's stamp on his agency, although he allows "I have a lot of catching up to do." "There's so much going on, it's hard to get your arms around it," he said in an interview.

Commerce Secretary C. William Verity Jr. said he believes the U.S. economy is strong enough to stabilize the dollar at about its current level, after its recent sharp decline. In an interview on the ABC-TV program "This Week With David Brinkley," Verity cited an increase in U.S. exports as well as the reduction in the nation's trade deficit for November to $13.2 billion from $17.6 billion the month before. He predicted that the economy would remain healthy for at least the rest of this year.

Commerce Secretary C. William Verity said Thursday that the Soviet Union was a potentially large new market for U.S. goods, but cautioned that expanded trade was not going to come quickly. He also said he planned to meet with Soviet businessmen and perhaps Soviet leader Mikhail Gorbachev, after Gorbachev's summit meeting here with President Reagan next week. Verity said at a news conference he and a number of U.S.

New Commerce Secretary C. William Verity, leaving on his first official trip abroad, said Tuesday that he will warn Japanese officials about artificially low prices on exports to the United States and stress the possibility of retaliatory duties against companies involved in product "dumping." The commerce secretary, speaking before his departure for a weeklong visit to Japan, summed up his mission in one sentence: "The relationship is increasingly soured by one bad apple: trade." The U.S.

As other upper-echelon Reagan Administration officials plot a return to private life, retired Ohio steel executive C. William Verity is relishing his role as "the new boy on the block." Just four months into his job, the new Commerce secretary appears determined to leave an activist's stamp on his agency, although he allows "I have a lot of catching up to do." "There's so much going on, it's hard to get your arms around it," he said in an interview.

President Reagan said Monday that he will nominate C. William Verity Jr., the 70-year-old former chairman of an Ohio steel company, to succeed the late Malcolm Baldrige as secretary of commerce. In brief remarks at a White House news conference, Reagan said that he expects Verity to pursue both the Administration's free trade policies and its efforts "to keep vital technology from falling into the hands of our adversaries," primarily the Soviet Union.

President Reagan, at a swearing-in ceremony for new Commerce Secretary C. William Verity Jr., said that the Commerce Department "must be ever vigilant in stopping this kind of harmful technology transfer to our adversaries." Verity, 70, former chairman of Armco Steel Corp., has been criticized by conservatives for his advocacy of closer trading ties with the Soviet Union.

President Reagan's incoming commerce secretary, William C. Verity Jr., referred during a speech Friday to an innovative American idea that "the Japs took and now we're going to take it back." Verity used the term Japs , widely used during World War II and now considered a slur, while discussing the benefits of a Rapid Acquisition of Manufactured Parts program in Charleston, S.C., involving the U.S. Navy and private industry.