Word: explains
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Dates: during 1930-1939
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Earle Bailie had been called from the banking firm of J. & W. Seligman, of which he is the most active partner, to coach Acting Secretary Morgenthau, himself no banker, on large scale bond flotations. Had Senator Couzens been pressed to explain why he wanted Earle Bailie fired, he would have pointed to the Senate's foreign bond investigation which two years ago found some defaulted Peruvian bonds sponsored by J. & W. Seligman, and a $415,000 "commission" paid by the firm to the son of Peru's late President Leguia...
Other witnesses who have agreed to appear in Washington to explain their views include Father Charles E. Coughlin, Irving Fisher, Yale professor and "commodity dollar" advocate, Frank A. Vanderlip, former New York banker and Technocracy enthusiast, and James P. Warburg '17, Manhattan banker...
Although Henry wouldn't give his reasons, they seem fairly evident, if one wishes to read between the lines. Henry believes in the "ideal behind," although he falls to explain whether he believes this ideal to imply government or self-control of industry; he has, by his own admission, taken many years ago the first tiny footsteps that the country is now taking. In short, Henry was in on the ground floor, and the public will know it, or else, Henry feels that if he signs, there will be no opportunity for delayed and dignified explanations in the Times...
...Asked to explain the above, administration officials say that the foreign governments have not balanced their budgets. This cannot of course refer to Great Britain, which will have a small surplus this year, but it does refer to France, where there is an indicated deficit of about a half billion dollars...
...excited too. It had not expected as much as the New Yorkers did eight years ago and it got more. The light, appealing voice seemed better controlled. The Caro Nome with its trills and top was expertly sung. The acting had some meaning. When newsmen asked Marion Talley to explain the change she answered: "Madame Schumann-Heink used to tell me I needed to live and to suffer. Well, maybe I have. That was seven years...