Word: frasers
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Dates: during 1930-1939
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When they adopted lusty, Boston-born Leon Fraser at the age of 18 months, wealthy Mr. & Mrs. Ronald Bonar little thought that in Basle, Switzerland last week the Directors of the Bank for International Settlements would unanimously elect him President...
Smart, brisk Banker Fraser is only 43. By training a lawyer, he has never worked in a bank which received or paid out cash. At Basle they send and receive cablegrams and telegrams transferring millions and hundreds of millions, on paper. Often a telephone call suffices. In their safe, some two feet wide by four high, they keep as a solemn joke two coins, a tiny 25? California gold piece (genuine) and a reputed Spanish sovereign (counterfeit). The important thing is that since the B. I. S. was founded in 1930 it has slowly become "The Central Bank of Central...
Keen, tactful President-elect Fraser sprouted and matured amid the rich mess of Reparations and War Debts. Prior to the War he had been elaborately educated, made up for that by reporting one year for the New York World, next year was admitted to the bar. Enlisting as a private in 1917, he was swiftly promoted to major, and Assistant Judge Advocate of the A. E. F.'s quarrelsome Service of Supply. Decorated with a chestload of Allied medals, he practiced international law with Paris' Coudert Brothers after the War and sprouted definitely in 1924 as general counsel...
When Seymour Parker Gilbert, who is three years younger than Leon Fraser, was appointed Agent General of Reparations in Berlin there seemed no reason why so young a man as Lawyer Fraser should not be appointed the Agent-General's agent in Paris. Making a huge success of this appointment, Agent Fraser was in at the Paris birth of the Young Plan in 1929. It abolished Reparations as such, abolished the Agent Generalship of Reparations (S. Parker Gilbert cheerfully became a Morgan Partner) and substituted a "businesslike" system of German payments to the Allies through an office at Basle...
Written while Mr. Fraser was still devoting himself to a mastery of counterpoint and orchestration, these essays show a keen perception and understanding. Whether he treats of Prokofieff or Wagner, he writes with a detached and unwavering judgment. To him the greatest of music is a combination of form and inspiration. Folk songs should not be an end in themselves, but a tool in the hands of a Vaughan Williams or a Chopin for the highest realization of their possibilities. Nationalism in music is for him a fallacy, since music is so universal as to be above political cr even...