You can use the "get" function to get an object based on a character string of its name, but in the long run it is better to store the variables in a list and just access them that way, things become much simpler, you can grab subsets, you can use lapply or sapply to run the same code on every element. When saving or deleting you can just work on the entire list rather than trying to remember every element. e.g.:
mylist <- list(a=rnorm(100), b=rnorm(100) )
names(mylist)
summary(mylist[[1]])
# or
summary(mylist[['a']])
# or
summary(mylist$a)
# or
d <- 'a'
summary(mylist[[d]])
# or
lapply( mylist, summary )
If you are programatically creating models for analysis with lm (or other modeling functions), then one approach is to just subset your data and use the ".", e.g.:
yvar <- 'Sepal.Width'
xvars <- c('Petal.Width','Sepal.Length')
fit <- lm( Sepal.Width ~ ., data=iris[, c(yvar,xvars)] )
Or you can build the formula using "paste" or "sprintf" then use "as.formula" to convert it to a formula, e.g.:
yvar <- 'Sepal.Width'
xvars <- c('Petal.Width','Sepal.Length')
my.formula <- paste( yvar, '~', paste( xvars, collapse=' + ' ) )
my.formula <- as.formula(my.formula)
fit <- lm( my.formula, data=iris )
Note also the problem of multiple comparisons if you are looking at many different models fit automatically.