Word: baruchism
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Dates: during 1930-1939
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...Today and Mr. Astor closeted himself with one tycoon after another to relate how things were going to come out all right in the end. The biggest news that Mr. Astor brought back from the throne room was that President Roosevelt was going to make Bernard Mannes ("Bernie") Baruch head of the reorganized...
This was the situation when, fortnight ago, Mr. Baruch returned from Europe. In 1918-19 Bernard Baruch, as head of the War Industries Board, was absolute dictator of U. S. business, an even greater autocrat than Hugh Johnson became under NRA. As generous with his advice and counsel to Republicans as to Democrats, Mr. Baruch was from time to time useful to the Hoover Administration. When Franklin Roosevelt went to Washington, "Bernie" Baruch was slated to be a trusted White House economic observer. "I am a speculator." he said once, "and make no apologies for it. The word comes from...
Back from Europe and ready to leave for Hyde Park, Bernard Mannes Baruch gazed out upon Manhattan, philosophized darkly: "They were all crazy and I think a lot of them still are. They have the same delusions they had in 1927 to 1929. They are striving to restore the same values that were in existence during those years, not realizing that such a thing is impossible. Do you see those buildings over there? They are the pyramids of today. Nobody knows exactly why the pyramids were built but they were used as tombs for ancient kings. Those pyramids of today...
...mill owners, who had been having tough sledding for years, was surcease from cutthroat competition. President Sloan called his Institute members together and suggested that they form a code of fair competition. On that day General Hugh Johnson was still an unknown lieutenant of a famed speculator named Bernard Baruch. An offer from the Institute was sent to the President and a month later, before the Recovery Act was passed, Mr. Sloan marched into the White House and slapped a draft of the cotton textile code down on Franklin Roosevelt's desk...
Into a Manhattan public bath walked Dr. Herman Baruch, brother of Bernard Mannes Baruch. Then he walked out and told newshawks: "When I got away, I picked two cooties off my coat sleeves." In the next few weeks Brother Herman will inspect more public baths and swimming pools in Manhattan, draw up a report on them tor Brother Bernard. When he returns from taking his cure at Vichy, Brother Bernard in turn will report to Mayor LaGuardia on the need for more baths. Brother Herman explained: "I've been interested in public baths for many years because my father...