Word: backslap
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Dates: during 1930-1939
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Regarding Mr. Axelrod's suggestion that ex-Presidents serve on a foreign relations committee [TiME, July 24] and Thomas Toberty's nai've backslap [TiME, Aug. 14], I'd like to present the problem in a more factual manner...
...only in the mechanics of banking and investment but also in the delicate matter of contact with customers. He has often so genially laughed off his "inability" to lend money that the would-be borrower has gone off chuckling, convinced. Willing to see anybody, with a laugh and a backslap for almost all, he has never wavered when approached by such stern banking problems as foreclosing on a friend...