Francis Amasa Walker (July 2, 1840 – January 5, 1897) was an American economist, statistician, journalist, educator, academic administrator, and military officer in the Union Army.

Walker served on the editorial staff of the Springfield Republican in 1868, was the Chief of the Bureau of Statistics from 1869 to 1870 and Superintendent of the 1870 and 1880 censuses.[1] He was the Commissioner of Indian Affairs in 1871, a chief member of the 1876 Philadelphia Exposition, American representative to the 1878 International Monetary Conference, President of the American Statistical Association in 1882, and President of the American Economic Association in 1886.[2]

In 1872 he joined Yale University’s Sheffield Scientific School as a professor of political economy and was elected to the National Academy of Sciences in 1878.[2] Walker was named president of the Massachusetts Institute of Technology in 1881, a position which he held for fifteen years until his death.[2] MIT’s Walker Memorial Hall, a former students’ clubhouse and one of the original buildings on the Charles River campus, was dedicated to him in 1916.

Walker was born in Boston, Massachusetts on July 2, 1840, the youngest son of Hanna (née Ambrose) and Amasa Walker, a prominent economist and state politician. The Walkers had three children, Emma (born 1835), Robert (born 1837), and Francis.^[3] Because the Walkers’ next-door neighbor was Oliver Wendell Holmes, Sr., the junior Walker and junior Holmes were playmates as young children and renewed their friendship later in life.^[4] The family moved from Boston to North Brookfield, Massachusetts in 1843 and remained there. As a boy he had both a noted temper as well as a magnetic personality.^[5]

Walker as a young adult.

Walker began his schooling at the age of seven, studying Latin at various private and public schools in Brookfield before being sent to the Leicester Academy when he was twelve.^[6] He completed his college preparation by the time he was fourteen and spent another year studying Greek and Latin under the future suffragist and abolitionist Lucy Stone before entering Amherst College at the age of fifteen.^[6][7] Although he had planned to matriculate at Harvard after his first year at Amherst, Walker’s father believed his son was too young to enter the larger college and insisted he remain at Amherst. While he had entered with the class of ‘59, Walker became ill during his first year there and fell back a year. He was a member of the Delta Kappa and Athenian societies as a freshmen, joined and withdrew from Alpha Sigma Phi as a sophomore on account of “rowdyism”, and finally joined Delta Kappa Epsilon.^[8][9] As a student, Walker was awarded the Sweetser Essay Prize and the Hardy Prize for extemporaneous speaking.^[10] Walker graduated in 1860 as Phi Beta Kappa with a degree in law.^[11] After graduation, Walker joined the law firm of Charles Devens and George Frisbie Hoar in Worcester, Massachusetts.^[6]

The Union Army was the army that fought for the Union during the American Civil War. It was also known as the Federal Army, the U.S. Army, the Northern Army and the National Army.^[1] It consisted of the small United States Army (the regular army), augmented by massive numbers of units supplied by the Northern states, composed of volunteers as well as draftees. The Union Army fought and defeated the Confederate States Army during the war, from 1861 to 1865. Of the 2.5 million men who served in the Union Army during the war, approximately 9.5% were African American, about 360,000 died—in combat, from injuries sustained in combat, disease or other causes — and 280,000 were wounded.

Noncommissioned officers of

The 21st Michigan Infantry, a company of William Tecumseh Sherman’s veterans.

Winder, Georgia – Michael Paulley, a serious entrepreneur, has gone form being a former roofing contractor to making money with an internet business that offers signature products and unparalleled support. Paulley started his roofing business from scratch over 20 years ago and has built it up to a well established company within the region. Paulley states, “I had to overcome many obstacles, but I knew what I wanted and did what it took to achieve my goals”.

Paulley achieved an admirable reputation in the construction business. He was known for going the extra mile to meet the needs of his customers. Although his business was very successful, Paulley states, “It was becoming more difficult to find dependable employees, who would also show the initiative I was looking for. It was at this time that I began researching the possibilities of making money with an internet business”.

Michael enjoyed the financial success and the time freedom of owning his own business. So, naturally he was searching for the same in an internet business. After proper due diligence, Paulley made the decision to team up with Wealth Masters International (WMI), one of the fastest growing internet companies online. Paulley recalls, “I was inmobiliaria impressed with the integrity of the company’s founders, Kip Herriage and Karl Bessey, and the generous compensation plan Wealth Masters International has to offer”. Wealth Masters International was founded in 2005 and offers one of the best compensation plans in the direct sales industry. This adds to the attractiveness for someone who is looking to make money with an internet business.

According to Paulley, “I have found what I have been searching for: signature products people really need and want, a generous compensation plan, leadership with integrity, and like minded entrepreneurs”. Discovering a way to make money with an internet business can be challenging. Paulley, however, has found a company that has taken him from roofing to the internet.

Thailand, the world’s biggest rice exporter, wants to form a rice cartel with four other Southeast Asian countries — Laos, Burma, Cambodia, and Vietnam — to acquire more influence over international rice prices, according to media reports Friday.
In the same way that the Organization for Petroleum Exporting Countries (OPEC) sets oil prices, members of the proposed rice cartel would cooperate on prices, thereby wielding their influence.
“Firstly and most importantly, this is not the right time to suggest a cartel,” said Arpitha Bykere, an analyst at RGE Monitor
“With the food prices going so high, the World Bank and the United Nations have suggested it’s becoming such a big crisis,” Bykere said. “The international organizations will oppose this [a rice cartel].”
World Bank President Robert Zoellick has warned that high food prices are threatening recent hard-won gains in overcoming global poverty and malnutrition. The United Nations World Food Program has said that high food prices are creating “a silent tsunami” threatening to plunge more than 100 million people on every continent into hunger.
Soaring prices for agricultural commodities, including rice, wheat, corn, and soybeans, have stirred popular discontent and demonstrations around the world.
In response, Vietnam, India, Egypt, and Cambodia have imposed bans on rice exports. Thailand, the top rice exporter accounting for a third of global exports, is currently not banning or restricting rice sales.
Rice prices have tripled this year, with Thailand’s benchmark 100% Grade B white rice soaring above $1,000 a ton for the first time last month, according to media reports. On the Chicago Mercantile Exchange, rough rice futures have surged over 95% in the last 12 months.
A rice cartel?
A spokesman for the Thai government said that the prime ministers of Thailand and Burma discussed the cartel idea on Wednesday, the BBC reported Friday.
Cambodia has expressed support for the idea of a rice cartel in the past and Laos has indicated it would seriously consider the idea, the BBC said.
However, Vietnam officials were quoted by The Bangkok Post newspaper rebutting Thailand’s claim that a rice cartel was close and saying that Vietnam hasn’t made any official reaction to the proposal yet.
Vietnam is the world’s second largest rice exporter. India is the third-largest rice exporting country followed by the United States in fourth place. Asia accounts for about 90% of global rice consumption.
“Thailand, being the largest exporter of rice, would be in a position to take advantage of the current situation [of soaring rice prices],” said Divya Reddy, an analyst at the Eurasia Group. “It makes sense for them to take the lead.”
However, “I don’t see it working successfully in the near term,” Reddy said about the proposal to form a rice cartel. “There would be huge incentive for countries to take their own measures to deal with the problem [of soaring prices].”
Bykere of RGE Monitor pointed out that there are political disagreements and different political structures in Southeast Asia that might make it difficult to form a cartel.
For example, Thailand is a constitutional monarchy, Burma is ruled by a brutal military junta, Vietnam and Laos are communist states, and Cambodia is a young multi-party democracy.
“More importantly, their economic policies are different,” Bykere said. “There is very low probability of these countries agreeing.”
Also, Thailand and Vietnam are doing better economically than their much poorer neighbors Burma, Cambodia and Laos. A rice cartel would differ from OPEC, because OPEC countries have certain oil reserves, while rice harvests depend on weather conditions, Bykere said.
A cartel would distort rice prices, thereby hurting a big number of consumers both in the rice-exporting countries and globally, Bykere.
“If they set high prices, it would only benefit the farmers in these five countries,” Bykere said. “Consumers within and outside the countries would suffer from high rice prices. All the other Asian and African countries will oppose it.”
The Philippines, the world’s biggest rice importer, has objected to the idea of a rice cartel, with Edgardo Angara, chairman of its senate committee on agriculture, saying that a cartel “will create an oligopoly and it’s against humanity,” the BBC reported Friday.
The president Thailand’s Rice Exporters Association has also criticized the proposal, saying that “you cannot control farmers growing or not growing rice. It’s not like oil.”
The USA Rice Federation, an advocacy group for the rice industry, didn’t have an immediate comment on Thailand’s idea of forming a rice cartel in Southeast Asia.
Polya Lesova is a MarketWatch reporter based in New York.

OMAHA, Nebraska (Reuters) – Warren Buffett on Sunday said he does not expect financial markets to panic as write-downs and losses for bad debts mount in the financial services industry, but said those losses were not over “by a long shot.”

The world’s richest person, who runs Berkshire Hathaway Inc (BRKa.N: Quote, Profile, Research) (BRKb.N: Quote, Profile, Research), said at a press conference the Federal Reserve brought markets back from a precipice in March in helping broker JPMorgan Chase & Co’s (JPM.N: Quote, Profile, Research) purchase of Bear Stearns Cos (BSC.N: Quote, Profile, Research), which was on the brink of bankruptcy.

“There’s going to be more pain, sure,” Buffett said. “The action of the Fed, in terms of Bear Stearns, prevented in my opinion the contagion where you’re essentially going to have bank runs on the investment banks … The idea of a financial panic … has been pretty well taken care of. That was a watershed event.”

He added, though: “That doesn’t mean the losses are over by a long shot … We’ve looked at some of the investment banks, and it’s clear some more losses are going to be incurred.”

Buffett also praised Wells Fargo & Co (WFC.N: Quote, Profile, Research), the nation’s fifth-largest bank. Berkshire is by far the bank’s largest shareholder. “I predict Wells will be earning a lot more money 10 years from now,” Buffett said.

(Reporting by Jonathan Stempel, editing by Maureen Bavdek)

OMAHA, Neb. (MarketWatch) — Charlie Munger, vice chairman of Berkshire Hathaway, may have political aspirations, judging by the latest version of the movie produced by the company at every annual shareholder meeting.
In a cartoon, Munger, Chairman Warren Buffett and Microsoft Corp. Chairman Bill Gates decide Munger should run for president of the U.S., creating a new party called the National Independence Party.
Buffett will be secretary of commerce, head of the Treasury and the Federal Reserve. Gates will be Secretary of Commerce.
The Geico Gecko will be secretary of the environment and Mary See, founder of See’s Candies, will be secretary of health.
The national debt — at $9 trillion — is a major concern for the candidate.
“This country needs a leader who knows how to make money rather than spend it,” Munger said in the cartoon.
Other policies: Everyone will be encouraged to get fat during old age. Global warming will be reduced as everyone eats one Dairy Queen Blizzard a day. Baseball bats will be used for national security.
Other issues?
“I have nothing more to add… really,” Munger’s character said.
Germans abound
Several German visitors to the Berkshire Hathaway (BRKA:berkshire hathaway inc del cl a
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BRKB 4,448.00, -12.00, -0.3%) annual meeting this year got up to ask Chairman Warren Buffett and Vice Chairman Charlie Munger questions on Saturday.
The final Teutonic questioner wondered why Buffett plans to visit Germany soon. (The Berkshire Chairman is headed to Germany and three other countries in Europe in coming weeks).
Buffett said he’s interested in buying family-owned German businesses and noted that the trip is designed to raise Berkshire’s profile in Europe.
Germany has thousands and small and medium-sized family businesses known as Mittelstand companies that have been the backbone of the economy there for much of the past century. But competition from manufacturers in China and other developing nations with access to cheap labor has put pressure on some Mittelstand companies.
So the trip to Omaha may be worth it for some of the German visitors this weekend.
Sokol speaks
It’s rare that the head of one of Berkshire Hathaway’s operating companies gets up to speak during the annual shareholder meeting.
But David Sokol, chairman of Berkshire’s utility unit MidAmerican Energy, spoke twice during Saturday’s meeting.
That may add to speculation that Sokol is one of the three candidates who have been picked to replace Buffett as chief executive when the billionaire dies or retires.
Sokol used to be chief executive of MidAmerican, but he said in March that he planned to step down from that role. That got the speculation ball rolling.

SAN FRANCISCO — How low will Yahoo’s stock go on Monday? And how long will it stay there?

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DealBook: MicroHoo: The End of the Beginning (May 4, 2008)
Microsoft Withdraws Bid for Yahoo (May 4, 2008)
Times Topics: Microsoft-Yahoo DealThese questions are high in the minds of Yahoo shareholders, and probably its management, as the company considers its options after Microsoft’s decision to withdraw its offer to buy Yahoo for $33 a share, or approximately $47.5 billion.

Much will depend on Yahoo’s next moves, which could include a partnership with its chief competitor, Google.

People close to Yahoo said that the chief executive, Jerry Yang, and his team, who told Microsoft they would not sell for less than $37 a share, greeted Microsoft’s decision as a victory. High-fives were exchanged Saturday afternoon when they learned Microsoft was backing down.

Yet some Yahoo shareholders, large and small, have indicated that they favored a deal at around $34 to $35 a share. Even those who were holding out for a higher price said a merger with Microsoft made strategic sense.

“I don’t believe that Jerry Yang as a founder, as someone who is emotionally attached to the company, was really looking out for my interest as a shareholder,” said Darren Chervitz, co-manager of the Jacob Internet Fund, which owns about 150,000 shares of Yahoo. “I don’t think anything Yahoo puts out there is going to be comparable with what Microsoft was offering.”

The entire board backed Mr. Yang’s desire to reject Microsoft’s offer, said a person involved in the negotiations who was not authorized to speak publicly about the matter. But unhappiness with Mr. Yang could spread through the company’s ranks.

“If the stock drops as far as I think it will, a lot of employees are going to be angry and many key employees could leave,” said a Yahoo executive, who asked to remain anonymous to avoid upsetting his superiors.

Yahoo defended its decision, saying it had always thought Microsoft’s offer undervalued the company. Officially, the company has shed little light on what it might do next. “We remain focused on maximizing shareholder value and pursuing strategic opportunities that position Yahoo for success and leadership in its markets,” Roy Bostock, Yahoo’s chairman, said in a statement issued late Saturday.

But people close to the company suggested that Yahoo’s most likely lifeline could come from an unlikely source: Google.

The two companies recently conducted a two-week test in which Google delivered ads on a small portion of Yahoo searches. The test, which both companies described as successful, was intended to show how much more Yahoo could earn by outsourcing some of its search ads to Google, whose technology and large base of advertisers allow it to extract more revenue on average for every search.

Now Google and Yahoo will have to decide whether to move from test to broader partnership. Talks around a deal were active Friday, even as Yahoo and Microsoft were engaged in a last-ditch effort to come to an agreement, said a person familiar with the discussions.

For Yahoo, the idea of letting Google run some of its search ads is not new. Some shareholders and even some Yahoo executives have long favored it. By the company’s own reckoning, Google earns about 60 percent to 70 percent more on average for every search than Yahoo.

But before Microsoft made its offer, Mr. Yang and his team had repeatedly rejected the idea, saying search advertising was an essential part of the company’s long-term strategy. Instead, the company spent millions in improving its own search advertising system, called Panama, telling investors it was the right choice.

In a letter sent Saturday to Mr. Yang, Steven A. Ballmer, Microsoft’s chief executive, used precisely those arguments to emphasize why a search advertising partnership with Google was a bad idea. He also noted that it was one reason Microsoft decided to walk away from its offer, rather than initiate a proxy fight.

A partnership with Google “would fundamentally undermine Yahoo’s own strategy and long-term viability by encouraging advertisers to use Google as opposed to your Panama paid search system,” Mr. Ballmer said. “This would also fragment your search advertising and display advertising strategies and the ecosystem surrounding them.”

Yahoo and Google, however, are not talking about outsourcing all of Yahoo’s search ads to Google. Instead, they are considering a more limited partnership, under which Google would deliver ads only on particular searches for which the revenue difference is significant, according to people familiar with the discussions.

NEW YORK (MarketWatch) — Rounding out an impressive set of results from the major oil producers, Chevron Corp. on Friday said first-quarter net income climbed 10% as revenue jumped on higher prices for crude oil, natural gas and refined products.
The San Ramon, Calif. integrated oil and gas giant said earnings for the three months ended March 31 increased to $5.17 billion, or $2.48 a share, from $4.72 billion, or $2.18 a share in the year-ago period, which included a one-time $700 million gain.
Revenue rose to $65 billion from $46 billion, as the company’s oil and gas production business grew, even as its refining and marketing results were essentially break-even for the period.
Wall Street analysts expected Chevron (CVX:chevron corp new com
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CVX 95.32, +0.38, +0.4%) to earn $2.39 a share, according to a survey by FactSet.
“Upstream earnings benefited from a significant increase in the price of crude oil from a year ago,” said Chairman and CEO Dave O’Reilly. “However, market conditions prevented our downstream business from fully recovering these higher costs through the price of gasoline and other refined products.”
Shares of Chevron, which rejoined the Dow Jones Industrial Average ($DJ:Dow Jones Industrial Average
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$DJ 13,058.20, +48.20, +0.4%) during the first quarter, rose 38 cents to close at $95.32 on Friday.
In a critical figure for the oil major, worldwide oil-equivalent production fell 44,000 barrels to 2.6 million barrels a day in the first quarter. Absent the impact of higher prices on cost-recovery and variable-royalty volumes under provisions of certain production contracts outside the United States, production increased slightly between periods.
Broken out, Chevron’s oil and natural gas exploration and production – its upstream business – recorded a profit rise of more than $2 billion to $5.1 billion from $2.9 billion.
Downstream profits for gasoline refining and retail marketing, as well as other distilled products, fell by nearly $1.4 billion to $252 million from $1.6 billion.
In Chevron’s U.S. upstream business, the company’s average sales price per barrel of crude oil and natural gas liquids was approximately $87 in the 2008 quarter, up about $37 per barrel from a year earlier. The average price of natural gas increased $1.15 per thousand cubic feet to $7.55.
Money plowed into capital projects, dividends
Common stock buybacks in the period totaled $2 billion. Chevron announced a 12% increase in its quarterly dividend on common stock earlier this week.
Chevron said capital and exploratory expenditures in the first quarter, including its share of expenditures by affiliates, rose by $1 billion to $5.1 billion, compared with $4.1 billion in 2007.
“Continued strong cash flows from operations have enabled the funding of major development projects that are providing the foundation for the company’s growth,” Chevron said.
The company expects the 2008 startup of deepwater projects at 68%-owned Agbami in Nigeria, with 250,000 barrels a day of production expected within a year; also 75% -owned Blind Faith in the U.S. Gulf of Mexico, with an expected yield of 70,000 barrels a day.
Also this year, Chevron expects its 50%-owned Tengizchevroil affiliate in Kazakhstan to increase total crude-oil production capacity to 540,000 barrels a day from 400,000 barrels per day.
Chevron’s update marks the last of the big five oil majors to report big gains in quarterly profit as oil futures crossed the $100 mark for the first time early in the year and natural gas prices climbed.
Exxon Mobil (XOM:exxon mobil corp com
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XOM 89.61, -0.09, -0.1%) said net income climbed to 17% to $10.9 billion from $9.3 billion a year ago. See full story.
Royal Dutch Shell (RDSA:royal dutch shell plc spons adr a
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RDSA 80.18, +0.47, +0.6%) said earnings increased 25% to $9.1 billion from $7.3 billion. See full story.
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BP 72.22, +0.31, +0.4%) net income jumped 64% to $7.6 billion from $4.6 billion. See full story.
ConocoPhillips (COP:conocophillips com
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COP 86.88, +0.24, +0.3%) said first-quarter earnings increased 17% to $4.1 billion from $3.55 billion. See full story.

Web retailer Amazon.com Inc. sued New York state and its taxation department to contest the constitutionality of a new state law requiring out-of-state Internet retailers to collect New York state taxes.

The law, which went into effect April 23, requires that out-of-state Web retailers to collect sales taxes from customers in the state if the retailers have New York-based representatives soliciting business on their behalf. The state considers Amazon and other retailers to be subject to this law because they have “affiliate” marketing arrangements. An “affiliate” is someone who advertises Amazon on his Web site and receives sales commissions after a Web site visitor makes a purchase on Amazon.

In its complaint filed April 25 in New York’s Supreme Court, Amazon alleges the law violates several aspects of the U.S. Constitution in its “impermissibly vague and overbroad” nature of requiring Amazon, which has no physical presence or employees based in New York, to collect sales taxes.

Amazon also named New York’s taxation and finance commissioner, Robert Megna, and New York Gov. David Paterson as defendants. Amazon is asking the court to invalidate the law on the grounds that it is unconstitutional.

Tom Bergin, spokesman for New York Department of Taxation and Finance, declined to comment on the lawsuit. A spokesman for Amazon declined to comment. The suit was earlier reported by Wired magazine.

Write to Mylene Mangalindan at mylene.mangalindan@wsj.com

May 2 (Bloomberg) — Hillary Clinton and John McCain are both pushing a “gas-tax holiday” to give consumers an 18.4- cent-a-gallon price break. Clinton says the plan will take excess profits from oil companies. McCain says it will help families buy school supplies.

Economists have a different take: They say the oil companies may end up the biggest beneficiaries, while the aid to families wouldn’t be enough to buy a $35 backpack.

The trouble with the plan, they say, is that oil prices are rising because of low supplies, and companies will continue to charge the average $3.60 a gallon and just pocket the money that would have gone to federal taxes.

“That’s $10 billion, and it’s going into the pockets of oil refiners,” said Leonard Burman of the Tax Policy Center in Washington. “The last time I checked, they didn’t need it.”

Supplies are “being cleared at the current price,” said Donald Parsons, an economics professor at George Washington University in Washington. “If you take away the tax, you’ll have the same number of consumers willing to buy the gas at the same total price.”

Senator Clinton, 60, a New York Democrat, embraced the proposal that McCain, 71, an Arizona Republican, floated in a speech on April 15. McCain’s idea originated not with his economic advisers but with Republican pollster Bill McInturff.

“I don’t know any prominent economist who favors this McCain-Clinton proposal,” Greg Mankiw, former chairman of President George W. Bush’s Council of Economic Advisers and author of a bestselling economics text, said on his blog.

Populist Appeal

Economists say that while the populist proposals appeal to consumers struggling to make ends meet, the voters will be disappointed when the moves don’t work.

Senator Barack Obama, who’s also running for the White House, has a proposal that would take money out of the pockets of oil companies and put it in the hands of the poor.

The Illinois Democrat has proposed a windfall-profits tax that could cost oil companies $15 billion a year at current profit levels, according to Jason Grumet, a campaign adviser. The plan, which would impose a tax on each barrel of oil over $80, could cost oil producers three times the $50 billion, 10-year windfall-profits tax Clinton has proposed.

Obama would use the money to help pay for a $1,000 tax cut for working families, expand the earned-income tax credit and aid people in paying their energy bills.

Still, it’s the gas-tax holiday that’s getting the most attention on the campaign trail.

$11 Billion Profit

A day after she was photographed filling up the tank of a steelworker’s pickup truck in Pennsylvania, Clinton yesterday used the occasion of Exxon Mobil Corp. announcing an $11 billion quarterly profit to push the idea of a gas-tax break for the seventh day.

She said her proposal would save the average family $70 this summer, and that she would ensure the oil companies will pay through her windfall-profits tax.

Senator McCain said he wants to give consumers a little extra to spend. “I’d like to see families in America have a relief from ever-increasing costs of gasoline so maybe at the end of the summer, after this tax holiday, they could buy school supplies for their children,” McCain, the presumptive Republican presidential nominee, told reporters in Cleveland.

The savings might not cover many of those back-to-school expenses.

$18 a Month

If the entire federal tax cut passed through to the price at the pump, the cost of filling up a 20-gallon tank would fall $3.68 to $68.72. Ethan Harris, chief U.S. economist at Lehman Brothers Holdings Inc., said families would save only about $18 a month. Burman estimated the total savings from Memorial Day to Labor Day at $28.

“Even if it worked, it would be chump change,” he said.

New York Mayor Michael Bloomberg said the proposal was “about the dumbest thing I’ve heard in a long time from an economic point of view.”

“We’re trying to discourage people from driving and we’re trying to end our energy dependence,” Bloomberg told reporters at City Hall in New York.

The mayor is founder and majority owner of Bloomberg News parent Bloomberg LP.

House Financial Services Committee Chairman Barney Frank called the proposal a “bad idea.”

`Counterproductive’

“I think it would be counterproductive,” Frank said in an interview on Bloomberg Television’s “Political Capital With Al Hunt,” to be aired later today. “I don’t think it would be a significant savings for the individual. It would be more of a cost.”

Obama has refused to back the tax holiday proposal, saying it doesn’t address the fundamental problems with U.S. energy policy.

“I think this time Obama had it right,” Bloomberg said.

Lawmakers in Washington haven’t embraced the idea either. House Speaker Nancy Pelosi yesterday said she won’t support it.

Clinton introduced a bill in the Senate today to enact the gas-tax holiday, Clinton campaign spokesman Mo Elleithee said.

To contact the reporter on this story: Alison Fitzgerald e-mail Afitzgerald2@bloomberg.net.