Word: eccleses
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Almost an anticlimax was the President's exposition of the alternative way, the Roosevelt-Eccles-Cohen way, of building up an 80-billion-dollar national income by continued Government spending. "We have learned," he said, "that it is unsafe to make abrupt reductions. . . . It is my conviction that down...
Fiscal 1940 will not have been swaddled in Franklin Roosevelt's budget message until this week, but its pre-natal cries promised a worthy successor to fiscal 1939. the bouncingest budget ($8,985,000,000) of all. They brought worrying to the bedside such influential Democratic physicians as John...
"The pertinent facts," according to Mr. Eccles, "are the volume of total debt in the country, the interest on that debt, and the income out of which interest may be paid." Chief Eccles' arguments:
Mr. Eccles also proceeded to expound his economic theories by asking Mr. Byrd questions:
One of the people A. P. was fed up with was apparent last week: Secretary of the Treasury Henry Morgenthau blandly declared that SEC had consulted him before taking action. But Federal Reserve Chairman Marriner Eccles, also charged with bank supervision, was known to have rushed to Warm Springs to...