Word: baruch
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...Baruch's succeeding appearances the committeemen greeted him with deferential smiles. What was more, Senator Byrnes of Mr. Baruch's own South Carolina appeared to tell the Committee two things that Mr. Baruch would not tell. The first: When the U. S. entered the War it became highly necessary to send a commission abroad to co-ordinate Allied industrial policies with those of the U. S.; there were no funds available to finance the mission; Mr. Baruch paid its expenses, some $85,000, from his own pocket and later declined to be reimbursed. The second: When...
...hope, Senator Byrnes, you have not been under the impression that the Committee was the party that was critical of Mr. Baruch's Wartime record...
...same day that Mr. Baruch was scoring this record success in Washington, a famed ship & arms manufacturer made headlines not by besting Congress but by besting his natural optimism. Charles M. Schwab, 73, chairman of Bethlehem Steel, returned to Manhattan from Europe and for the first time in his long career shocked ship news reporters by not expressing his belief that business was getting better. "We seem to be at a standstill." declared gloomy Mr. Schwab. "We don't seem to be progressing. We seem to have gone back since I have been away...
...Senate Munitions inquiry: "I regard Bernard M. Baruch as a really great patriotic American but do not wish to discuss his theories about curbing war profits...
...less a voice than that of Bernard Mannes Baruch was raised last week against the practice of supporting unsound railroad investments. Testifying before the Senate Munitions Committee (see p. 13), he remarked that railroad rates in case of war should be fixed solely on the basis of "service and efficiency...