Word: hooverized
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Dates: during 1920-1929
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...atmosphere of a mystery-melodrama was the tax announcement framed. First President Hoover held an early morning White House conference with Secretary Mellon, Undersecretary of the Treasury Ogden Livingston Mills, Governor Roy Archibald Young of the Federal Reserve Board. So early in the morning was it and so unprepared were newsmen for such a development that Governor Young, unrecognized, entered and left the White House without being caught and catechized...
...Reiland, "greatly disappointed," did not despair. For he too had legal counsel: Lawyers Robert Fulton Cutting, civic-minded Manhattan millionaire (TIME, Feb. 14, 1927) and George Woodward Wickersham, onetime (1909-13) U. S. Attorney-General, now chairman of President Hoover's law-enforcement commission. They had assured him that the prayer book's prohibition refers to "church" in the sense of "congregation" and would not apply to the loan of a building. Though he tactfully yielded to the bishop's "official admonition," Dr. Reiland felt his legal position was as good as his bishop...
Some of the U. S. safeguards are one-way padlocks. Thus, the U. S. will not be officially a party to the founding of the Bank, but may at any future time receive all the rights of a Founder Power by assuming responsibilities which the Hoover Administration declines to undertake. Most of the rights in question are secured to the U. S. anyway by the "Veto Clause" (Article Twenty...
...without putting up a cent the Federal Reserve?traditionally in closest touch with the House of Morgan ?will have a major "phantom stake" in the Bank. The same arrangement appealed to cautious, bespectacled Emperor Hirohito of Japan, who, by advice of Prime Minister Yuko Hamaguchi, prefers like President Hoover to keep-the-government-out-of-business. Japan's "Messrs. X" will be a consortium of 14 banks, led by the Bank of Japan, the Mitsui Bank and the Yokohama Specie Bank...
...escapes, balcony pillars obstructing the view, and an unusually oppressive heating plant. It offers few conveniences either to audience or actors except vast, barnlike spaces in which many sets of scenery may simultaneously be hung. Yet last week, and every week this season, it was jammed. It was Mrs. Hoover's first choice of a theatre to go to when she visited Manhattan last month...