Word: eccleses
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
In the current boom, the Government has failed to make full use of its broad fiscal powers, said the subcommittee, chiefly because of the family rows between the U.S. Treasury Department and the Federal Reserve Board. The chief task of FRB should have been to restrict credit during the boom...
The outlook did not look as good to everyone, notably to Federal Reserve Board Member Marriner S. Eccles. He warned that there was inflationary trouble ahead. Before a congressional subcommittee last week, he ticked off a few signals: consumer credit is now up to $17 billion, almost double what it...
Divorced. Marriner Stoddard Eccles, 58, onetime Utah banker and industrialist, veteran New Dealer, since 1934 member of the Federal Reserve Board (and chairman from 1936 until President Truman demoted him last February); by May Campbell Eccles, 56, whom he met in Scotland during his Mormon missionary days; after 36 years...
Amid these signs of deflation, President Truman stubbornly insisted that inflation was still the threat. But most Government economists were talking differently. Dr. Ewan Clague, Commissioner of Labor Statistics, estimated that the cost of living might drop 10% within a year. Outspoken Marriner S. Eccles, Federal Reserve Board member, agreed...
As FRB was trying its own complaint Giannini seemed to take it for granted that he would get no favorable decision. But neither A.P. nor Eccles thought that the hearing was any more than a sparring round. The fight to the finish would probably be in the U.S. Supreme Court...