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...Moderator of the National Council of Christian & Congregational Churches, spry, bearded old Statistician Roger Ward Babson, two months ago received a troubled letter from Rev. Theodore C. Hume of Chicago and 14 other Congregational ministers. Mr. Hume and his colleagues wanted to know if Mr. Babson had told his businessmen subscribers, in a special letter of his Babson's Reports, that U. S. churches have accumulated "useless customs and cobwebs"? Had he further remarked that the German Government in emphasizing a creed based on "four simple but vital foundations" (Faith, Blood, Sacrifice, Love) "may be taking a forward step...

Author: /time Magazine | Title: Religion: Babson on Cobwebs | 7/19/1937 | See Source »

...Stock Exchange sold off. Nor were impressionable financiers much encouraged by General Hugh Johnson's wry query in his syndicated column: "Who anointed the Secretary of Agriculture as an economic Isaiah? And where does Uncle Danny Roper get off as a synthetic and official Leonard Ayres or Roger Babson? And why should all markets reflect words of theirs in a marked recession?" Meantime, neither Chairman Eccles' reiteration of his easy money aims nor his courageous call for taxes and debt retirement checked the cracking prices of Government bonds, which despite more determined Treasury support dropped to new lows...

Author: /time Magazine | Title: Business: Eccles on Inflation | 3/29/1937 | See Source »

...tail, Professor Fisher ap peared as a witness in their behalf, drawing from energetic Assistant U. S. Attorney William Power Maloney a challenge as to his economic competency. Mr. Fisher, he told the jury, was a "dusty old academic," "a slightly befuddled expert." Shown news stories of Roger Ward Babson's prediction of the 1929 crash, which were publicly pooh-poohed by Mr. Fisher at the time, the white-goateed old Professor declared...

Author: /time Magazine | Title: Business: Yalemen Convicted | 3/29/1937 | See Source »

...Babson is a nice gentle man. He receives great publicity and has a large following but he has no academic standing." Convicted with Yalemen Mason & Garland was as pretty a crew of stock-jobbers and boiler-shop operators as ever hooked a widow, including Dave ("The Duke") Durbin, whose sales aids were white spats, a Japanese chauffeur and a Cadillac V16. One of the ablest was a handsome fellow named Walter M. Barr whose specialty was rich old ladies...

Author: /time Magazine | Title: Business: Yalemen Convicted | 3/29/1937 | See Source »

...feminists than the Congregational-Christian Church. They have long ordained women to its ministry and of their 37 conference superintendents, whose jurisdiction is comparable to that of a bishop, one is female, Mrs. David E. Brown of the Middle Atlantic Conference. Though the No. 1 Congregationalist is Statistician Roger Babson, moderator of the Church's General Council, an honorary moderator is Dr. Mary Emma Woolley, retiring president of Mount Holyoke College. Last week female Congregationalists glowed with pride when they heard that one of their sex had been elected to be Congregationalist Babson's opposite number in South...

Author: /time Magazine | Title: Religion: Congregational First | 3/22/1937 | See Source »

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