Word: eccleses
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Dates: during 1940-1949
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Is it sinful for stock prices to rise for four consecutive years? Last week Emil Schram, once chairman of the Reconstruction Finance Corp., now president of the New York Stock Ex change, took a fall out of those beaters of anti-inflation drums (such as Marriner Stoddard Eccles) who want...
Day before prices cracked, Federal Reserve Board Chairman Marriner S. Eccles had lashed out again at investors, and urged a punitive capital-gains tax of 90% on profits earned from securities and 100% marginal requirement. Eccles was alarmed because by his reckoning prices on the New York Stock Exchange had...
By comparing prices during the darkest days of the war with February prices, Eccles had made the bull market appear falsely sensational. Actually, after three years of prodding, investors had accomplished no more than to hike stock prices from their low after Singapore's fall to only a few...
White was the key member of the U.S. delegation of 47 (200, including secretaries), headed by Henry Morgenthau, with Federal Reserve's Marriner Eccles, Foreign Economic Administrator Leo Crowley and State Department's Dean Acheson as colleagues. Other members of the U.S. delegation included Edward Eagle Brown, lawyer...
The Congressmen, in their haste to have done with the whole thing, brooked no argument. Budget Director Harold D. Smith, trying as a patient civil servant to argue for the Treasury program, found the Ways & Means Committee an impatient listener. (Said one jocular member: "Mr. Smith came to town and...