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In the Virginia mind-set, nothing is more important than the budget and its preparation. It is the sacrosanct holy-of-holies, far too important for any but the Commonwealth’s “best people” to have a ,hand in, or even cast their eyes upon, until it is completed and ready to go to the General Assembly.
These best people were very much in evidence at both of the meetings in question.
The first of these, a gathering of the Governor’s Advisory Board on Revenue Estimates, took place on Nov. 29. It brought together the Governor, the leadership of the legislative “money” committees and a host of top executives of the banking industry, public utilities and business. Business Leaders Admitted
Present were House Appropriations Committee ..Chairman Edward E. Lane, House Finance Committed Chairman Archibald Af Campbell, House Speaker John Warren Cooke, Senate Finance Committee Chairman Edward E. Willey, Del. Carrington Williams who is widely regarded as the top tax expert in the General Assembly, Senate Majority Leader Adelarde Brault and Gov.-elect John Dalton.
Also on hand were T. Justin Moore, president of Vepco; Lee C. Tait, vice president of the C & P Telephone Co.; W. Wright Harrison, chairman of the board of the Virginia National- Bank; W. L. Zimmer III, president of the A. H. Robins Co.; C. Coleman McGehee, chairman of the board of the First and Merchants National Bank; Walter W. Craigie Jr.,
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