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...Hyde Park, he had a succession of callers including Joseph Kennedy of the Maritime Commission; Chairman Douglas of the SEC; Board Chairman James Handasyd Perkins of Manhattan's National City Bank; Broker Paul Shields of Shields & Co.; William Averell Harriman, board chairman of Union Pacific Railroad and head of the President's Business Advisory Council. That these business-minded visitors talked about means of easing up on New Deal restrictions on Business, both Franklin Roosevelt and his callers solemnly denied. Confronted by Washington reports of tax revision, the President avoided endorsing them. Instead, he told his press conference...

Author: /time Magazine | Title: THE PRESIDENCY: Changed Tunes | 11/8/1937 | See Source »

...Suspending Thomas F. Gagen, broker, from the Boston Exchange on charges of stock manipulation, the SEC cracked out a warning to customers' men that their activities "cannot long be ignored." Brokers shivered as they recalled that Chairman Douglas once declared that customers' men had "unestablished value." ¶ SEC acted on an application of International Paper & Power Co. for a rehearing on a phase of its recapitalization plan under which, when Landis was chairman, it had been granted exemption from the provisions of the Public Utility Act of 1935. Denying the application, the commission last week announced that...

Author: /time Magazine | Title: Business & Finance: Bonneville's Bananaman | 10/25/1937 | See Source »

...mentions Frederick Shander Moody Jr., young San Francisco broker, as following her to tournaments, climbing the Jungfrau, playing an occasional game of tennis, once making off with a basket of champagne presented by an admirer, does not indicate why she decided to obtain the divorce granted...

Author: /time Magazine | Title: Sport: Career Woman | 10/11/1937 | See Source »

...years ago the Old Prospector shrewdly agreed to help give "Mitch" a leg toward Ottawa and the Prime Ministry. Mr. Wright was persuaded by his onetime mining broker, rambunctious young Clement George McCullagh, who bought two newspapers and today Canadian journalists call him "an incipient Hearst." Far from rich himself, Mr. McCullagh paid $2,325,000 for the Toronto Mail and Empire. Its 120,000 circulation was the largest of any Canadian morning paper, and he merged it with the Toronto Globe (85,000) which he had bought for just under $900,000. Today another $4,000,000 is being...

Author: /time Magazine | Title: CANADA: Mitch | 9/20/1937 | See Source »

Died. Earl C. Thompson, 59. insurance broker, one of the nine original backers of Colonel Charles Augustus Lindbergh's 1927 non-stop night from New York to Paris; of dermatomyositis (inflammation of the muscles); in St. Louis...

Author: /time Magazine | Title: Milestones, Sep. 6, 1937 | 9/6/1937 | See Source »

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