Word: deposited
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Dates: during 1930-1939
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...bearing on Mr. Mellon's reputation. One was that in 1931 Mr. Mellon had twice sold stocks short-an entirely legitimate operation except that the Secretary of the Treasury was simultaneously trying to bolster a falling securities market. Private Secretary Johnson explained that, while they were not on deposit with his broker, Mr. Mellon held more than enough shares in his portfolio to cover his short position...
...took to the lecture stand, told the Matinee Musical Club of Philadelphia that "man is his brother's keeper and the old order of greed must pass." He helped found the Sound Money League, allied himself with Inflationist-Priest Charles E. Coughlin. Of his wife, whose safe-deposit boxes are stuffed with public utility stocks, he said: "Doris would agree to public ownership, but not to achieving it through confiscation...
...Underlying the proposed changes in the banking law are fundamental economic and monetary considerations, the widespread influence of which has not been adequately understood. . . . Fluctuations in production and employment and in the national income are conditioned upon changes in the available supply of cash and deposit currency and upon the rate and character of monetary expenditures." But he emphasized that one of the "supremely important duties" of the remodeled Federal Reserve Board was "assuring that a recovery does not result in undesirable inflation...
Washington, Feb. 4--The Administration asked Congress late today to make permanent the Federal Deposit Insurance Corporation and to combine the offices of chairman of the board and Governor in each of the Federal Reserve Banks...
...class enters next autumn. Public business students live, study, eat, go to many of their classes with future vice presidents of business houses. When they, get through they will be fitted for jobs with such governmental business ventures as the Tennessee Valley Authority, such financial agencies as the Federal Deposit Insurance Corporation, such regulatory bodies as the Interstate Commerce Commission and the Securities & Exchange Commission...