Word: joneses
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Dates: during 1930-1939
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A. B. A. President this year was Orval Adams of the Utah State National Bank, Salt Lake City. In the three years since he rose on the convention floor to propose that bankers boycott U. S. bonds, Orval Adams has rarely missed a chance to snipe at the New Deal...
Genial Banker Jones, at home on his Texas heath, wasted no time in laying this canard: "I have been introduced as a conservative. I am a liberal." Thereupon, taking his usual line that U. S. banks would have to loosen up "or else," he said: "We should all remember that...
Jesse Jones added with liberal belligerence: "You did like the first few years of the Roosevelt Administration. Why? Because he saved your banks-those that were alive when he took office. . . . I might tell you that of the 6,119 banks in which we put capital, as far as we...
The New Deal, particularly through Jesse Jones, keeps egging banks to lend more. They cannot, say bankers, because industry just does not want to borrow, despite interest rates at record lows. Practically every other avenue to bank profits is similarly closed. Underwriting is forbidden, pinched volume on the stockmarket has...
Publisher. Centre for experimental writing in the U. S. is New Directions. In a roomy rebuilt stable on his uncle's estate near Norfolk, Conn., James Laughlin IV runs New Directions between sessions at Harvard, where he has been in intermittent attendance for the last six years. Born in...