Word: economist
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Dates: during 1930-1939
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...United States and that cannot occur without hav ing its effect on us." Same night in London the Roosevelt experiment was sardonically described by Sir Josiah Stamp, rotund Board Chairman of the London, Midland & Scottish Railway, a Director of the Bank of England and a leading Empire economist often consulted by Prime Minister James Ramsay MacDonald. "They began by rattling President Roosevelt's new powers like a bag of tools," smiled Sir Josiah. "They hoped he might never have to use them, but he has had to take them out of the bag one after the other...
This fundamental meaning attached to gold, of course, has its repercussions in many and varied phases of existence; the precious metal is as important to the jeweler as to the economist. For this reason, everyone knows a little about it; and because it is so important to everyone, its recovery is work for willing hands always. It is much more sensible to set a ruined rag merchant to planning gold than to put a sapling in his hands with orders to plant it. And though earnings may be low for the place miner, he is doing something which does...
...creeping up fast since the NRA threatened profits with higher labor costs. Some shrewd businessmen with little capital at stake argue that the best thing is to go as deep into debt as the banks (or friends) will allow; eventually they will pay off with cheaper dollars. Carl Sriyder, economist for the Federal Reserve Board, was asked lately by a wealthy friend how he could hedge against all possible contingencies, including deflation or stabilization, so that he would die as rich as he was at that moment. "One way," snapped Economist Snyder, "is to shoot yourself...
...seizing and kissing a young woman in a railway compartment when the train went through a tunnel. Sir Leo George Chiozza Money, 63, famed economist, editor, originator of Allied shipping strategy against German submarines in the War, was fined ?2 10s ($11.25) in Epsom, England...
...excess collateral it has taken and reduce the interest charged on its loans." Appealed to on the grounds of patriotism, the A. B. A. as a whole could not give so blunt an answer to the Administration but it made clear its way of thinking. Col. Leonard Ayres, economist vice president of Cleveland Trust Co. and chairman of A. B. A.'s Economic Policy Commission, reported: "Your commission views with apprehension the propaganda . . which brings pressure upon bankers to adopt ultra-liberal loaning policies. . . . The objectives of the recovery campaign justify all the support that banks can rightfully give...