Word: barucher
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Dates: during 1930-1939
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Omitted from their roster by his own desire-although it was announced that the committee would consult him-was aging, ailing Financier Bernard Mannes Baruch, who set up and headed the 1918 War Industries Board. Mr. Baruch's friend and Wartime coworker, Columnist Hugh S. Johnson, who months ago was ruled out of rearmament councils, called this "bumptious folly." Omitted from the official announcement was any explanation of the speed with which Mr. Stettinius, et al. were picked. Plans for allocating U. S. production could be almost as useful to warring friends of the U. S. as to warring...
...ingeniously sticking his pen through a potato, he became a demonstrator for the Gregg shorthand system. His specialty was taking notes with both hands from a phonograph chattering 350 words a minute. This inhuman proficiency took him to Washington, aged 18, as organizer of the stenographic force for Bernard Baruch's War Industries Board, where he had occasion to record the thoughts of such dignitaries as J. P. Morgan and the late Judge Elbert H. Gary...
During the War period, as during neutrality, the Guggenheims, William Rockefeller (brother of John D.) and John D. Ryan, heavy owners of copper stocks, made big profits. While neutrality lasted so did speculators such as Jesse L. Livermore and Bernard Baruch. But speculative profits in commodities were reduced when the U. S. Government took control of prices as a war measure. Speculator Baruch himself headed the War Industries Board which fixed the prices...
Smooth persuasion comes easily to bullnecked, six-foot, 252-pound Jack Bilbo. He was trained in the world's highest powered school of dialectic, the Chicago underworld. Jack Hugo Baruch was born 32 years ago in Berlin, schooled in The Hague, went to the U. S. at 16. In Manhattan he was a Shubert office boy and manager of Manhattan's Bijou Theatre before he changed his name to Bilbo, went to Chicago and fell in with gangster Al Capone in 1926. How close he was to Scarface Al is a moot question. There is no record that...
Cash & Carry. But fear of war still stirred in Congress. So in May 1937 another Neutrality Act was passed. At the instigation of Bernard M. Baruch, wise old chairman of the onetime War Industries Board, it added to the provisions of the earlier acts, authority for the President to forbid the export of any goods to a warring nation except on a cash & carry basis. He never used this power and two months ago it expired...