Word: hooverness
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...lists of Morgan "friends" who were cut into stock deals below the market included the names of New Jersey's Senator Kean, Massachusetts' Lieutenant Governor Gaspar Bacon, Edgar Rickard, business associate of Herbert Hoover, Arkansas' Harvey Couch, now on R. F. C., Connecticut's G. O. P. Boss John Henry Roraback. The only "friend" revealed as having turned down a Morgan offer on ethical grounds was Board Chairman Edward Grant Buckland of New York, New Haven & Hartford R. R. Partner Whitney made a spirited defense of his firm's practice on the ground that...
Edgar Rickard thought it was "outrageous" to link the names of Hoover and Morgan just because he (Rickard) was on the firm's list. Morgan "friends" were in the Senate (California's McAdoo, New Jersey's Kean), in the Hoover Cabinet (Secretary of the Navy Adams), in the Roosevelt Cabinet (Secretary of the Treasury Woodin), on the Supreme Court (Owen J. Roberts). The Republican party (Treasurer Nutt, New York National Committeeman Hilles) and the Democratic (onetime Chairman Raskob) were both involved. Declared the cautious Kansas City Times: "Those favored by Morgan were placed under obligation...
...operations, security salesmanship. Slated next for examination by Lawyer Pecora and the Senators are Kuhn, Loeb; Dillon, Read. Most prominent victim to date is Charles Edwin Mitchell, now on trial for trying to escape income taxes as a result of testimony he gave the Senate last winter. Under President Hoover the Senate's inquiry was given a twist against Wall Street "bears" whom he imagined were thwarting his recovery program, beating the market down to discredit him. Under President Roosevelt the Committee is out to hunt bad bankers. Ironic was the implication of big Demo-crats along with...
...emergences of new public characters. Among the leading degree-getters of a year ago, with three degrees each, were Benjamin Nathan Cardozo, new Supreme Court Justice, and Stanley King, new president of Amherst College. The Republican administration was represented by Secretaries Mills. Adams and Wilbur, Vice President Curtis. Mrs. Hoover (two degrees) and President Hoover who in absentia got one more for his collection...
...loyal, energetic alumnus and trustee, to act as Princeton's president ad interim (TIME, May 30, 1932), the Princeton trustees continued to search the field and their feelings for a permanent successor to Dr. John Grier Hibben. Names mentioned ranged all the way from Calvin Coolidge and Herbert Hoover down through a roster of eminent Princeton alumni to handsome young James Henderson Douglas, class of 1920, who made a name for himself as Assistant Secretary of the Treasury during the March banking crisis. When the trustees met again last week their hearts were heavy with the shocking death...