Word: eccleses
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Dates: during 1940-1949
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New Petard. If the Republicans needed any more petards to hoist Harry Truman, they had one in ex-Federal Reserve Chairman Marriner Eccles. He agreed that the Administration's plan for increasing bank reserves was one way to check inflationary credit. It was a scheme which he had suggested...
To some, it all sounded like a renewal of the feud between Giannini and FRB's Marriner Eccles, whose family's banking empire in the Rockies (TIME, May 10) stands smack in the way of A.P.'s ambitions to expand eastward. It was bigger than a personal...
2. Marriner S. Eccles.
No, Thank You. When Marriner Eccles, chairman of the Federal Reserve Board, was demoted, the President asked him to become vice chairman (TIME, Feb. 9). In four months the President never got around to making the actual appointment. Last week, considering the delay and "other developments," patient Mr. Eccles asked...
...empire grew, George moved up; when Marriner left for Washington in 1934, George took over. Though headquarters of the new bank will be in Ogden (pop. 43,700), the Eccleses' home town, George hopes to operate on a much broader scale than ever before. He believes that "a bank should be an instrument of growth, not just a place for people to put their money." In helping the Northwest to grow, ambitious George Eccles hopes to grow right along with...