From Washington Straight

The Kennedy Administration, still trying to shake off the incubus of The Liberal Papers, has had to trim sail and batten hatches to meet the squall moving in from the south. The star of this show is a Liberal Texan with the folksy name of Billie Sol Estes.

For several months now Southwestern news papers have been having themselves a time with this gentleman. Billie Sol Estes is (or rather, was, since his wheeler – dealer days seem to be over at this point) the perfect model of that increasing new breed, the Welfare State Ponzi. In a series of highly complicated financial maneuverings, Estes managed to build a paper empire out of cotton allotments and the storage of government-owned grain.

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The Kennedy Administration, still trying to shake off the incubus of The Liberal Papers, has had to trim sail and batten hatches to meet the squall moving in from the south. The star of this show is a Liberal Texan with the folksy name of Billie Sol Estes.

For several months now Southwestern news papers have been having themselves a time with this gentleman. Billie Sol Estes is (or rather, was, since his wheeler – dealer days seem to be over at this point) the perfect model of that increasing new breed, the Welfare State Ponzi. In a series of highly complicated financial maneuverings, Estes managed to build a paper empire out of cotton allotments and the storage of government-owned grain.