DavidBarker, a professor attheUniversityofIowa, says thatdespiteitsoil wealth, Alaska was so costly to develop that the Treasury has lost money onthedeal.
Notably, recent statements by President Bush, Secretary of State James Baker, Secretary oftheTreasury Nicholas Brady, and Under Secretary ofTreasuryDavid Mulford together with press reports from unnamed "senior Administration officials" depict a U.S. government determined to tie American participation in a multilateral aid package for the Soviet Union at this time to three ostensibly stringent conditions.
His other big mission, both in opposition and in power, was to revive the campaign for a cut in the local rate of Corporation Tax, after the former Treasury mandarin Sir David Varney appeared to bury the campaign in a report to Gordon Brown.