Word: bankes
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Dates: during 1920-1929
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Despite the arch-protectionist predilections of Frenchmen, the manifesto was signed by M. Rene Laederich, Regent of the Bank of France, and by eight other potent French financiers...
...broadcast this roundest of round robins as fast as cable relays could click. Local editors in every capital hastily picked a financier of foreign nationality as the documents' author. British editors picked signatory Hjalmar Schacht, President of the German Reichsbank. Germans favored signatory Montagu Norman,*** Governor of the Bank of England. Frenchmen were sure that signatory John Pierpont Morgan was at the bottom of the woodpile...
Source. Thomas W. Lamont, potent Morgan partner, not a signatory, declared that the manifesto has been in circulation among international financiers for some time. Wall Street supplied the rumor that it took final form when Montagu Norman, Governor of the Bank of England, and Dr. Schacht, President of the German Reichsbank, conferred with Benjamin Strong, Governor of the Federal Reserve Bank of New York, at Antibes, French Riviera (TIME, Aug. 30). Of these three fiscal tycoons only Dr. Schacht would comment last week: "The manifesto is connected closely with the recent conference of German and British industrialists in England [TIME...
Significance. President Mitchell of the Illinois Merchants Trust Bank, a signatory, said: "The manifesto is not intended to have any reference to the United States." Apparently this view was shared by other U. S. signatories who pointed to the title of the manifesto which explicitly restricts its application to Europe. Public opinion seemed inclined to let the document drop as a mere "pious plea" like those often uttered for "peace," "disarmament" and what...
...Plus Viscount Inchcape, Chairman, P. & O. Navigation Co. ; Henry Bell, Director Lloyd's Bank, Ltd. ; Sir Josiah Stamp, President, London Midland and Scottish Ry. ; Lionel Nathan de Rothschild of N. M. Rothschild & Sons; and 36 other equally potent financiers...