Word: controlled
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Dates: during 1930-1939
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...with his Cabinet, last week picked the six members from his executive branches who will sit with six from Congress on the potent temporary National Economic Committee, better known as the Monopoly Investigation (TIME, June 20). Because the President originally asked for an all-executive committee, because Congress kept control of only one-fifth of the $500,000 expense money it voted, and because of the six Congress members at least one, Representative Eicher of Iowa, is an Administration wheelhorse, the six executives will doubtless dominate the committee's policy. Significantly, not the President but his trust-busting Solicitor...
...some corporations there are more stockholders than there are inhabitants of Wyoming. Are these stockholders' interests protected, their officers under sufficient legal control...
...with umbrellas-$2,500,000,000 in excess reserves. Last week this familiar situation was attacked from a new angle by Chairman Marriner Stoddard Eccles of the Federal Reserve System. Mr. Eccles is a smalltown banker from Utah and so ardent a believer in New Deal theories of credit control that he has often been a White House spokesman on them. He wrote last week in reply to a letter from Senator Vandenberg...
...Currency Marshall Diggs, and former Comptroller J. F. T. O'Connor who resigned three months ago to run for Governor of California. Both Mr. O'Connor and Mr. Diggs prefer to consider investment and loan restrictions, as well as bank examinations, not instruments of monetary control but of protection for investors...
...simplifying bank examinations and investment policies. Arrayed with Mr. Diggs are Messrs. Crowley and Upham. Mr. Eccles is a distinct minority. When the committee sends its report to President Roosevelt Mr. Eccles will probably send a report too. Mr. Roosevelt will then have to decide between stiff bank control and easy money...