Word: 1929â
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...into reorganization under 77th last February (TIME, March 4). This was no surprise to the Securities & Exchange Commission which later accused Baldwin of "misleading the investing public," or to a Baldwin stockholder named George Stephenson who accused the company's officers of unloading Baldwin stock on the public in 1929???a charge which President Houston hotly denied. What was surprising about the Baldwin reorganization was that a plan to revamp the company was approved almost at once by all the protective committees. It provides for conversion into new securities of all outstanding issues except first mortgage bonds which would remain...
...1929???Mayor of New York...
Hero of the Federal Reserve Act was little Carter Glass of Virginia. Last week Senator Glass, now 74, sharper in voice and crustier in manner than in 1913, was again cast in a heroic role. An archfoe of speculation for many a long year, he was bitterly chagrined with 1929???5 great wave of stock inflation in defiance of the Federal Reserve. After a year's investigation he proposed reforms which he felt would halt speculation for good and all?reforms which would alter the entire conduct of a nation's banking, which law-makers called sweeping, bankers devastating...
...1929?...
...Antwerp, thence to South Africa; Dec. 1923?World Tour. (New York. Tokyo, Moscow, Berlin, Paris, Naples and home); Dec. 1924?Cuba: May 1925?Italy; Jan. 1926?Yucatan (to study Mayans); Jan. 1927?South America (Bolivia, Montevideo, Argentina, etc.); Jan. 1928? Panama. Salvador, Cuba, Guatemala; Aug. 1928 ?Europe; Jan. 1929???Switzerland...