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...Dick & Harry. First witness was Thomas William Lament of the House of Morgan. His smiling courtesy, his unruffled frankness, his quiet manners charmed and disarmed hostile Senators. In great detail he explained how his house -merchants, not bankers-had issued $1,807,578 worth of foreign securities since 1920, how each loan had been distributed through syndicates, how the profits ("spread") had always been kept reasonable. He denied that the House of Morgan had "coerced" any firm to buy its bonds, that U. S. banks were "loaded up" with these foreign securities...

Author: /time Magazine | Title: National Affairs: Amendment by Rage | 12/28/1931 | See Source »

...they should wear on this memorable occasion; costumes varied from full evening dress, frock coats, dinner jackets to sack suits. Just before the Presidential Promise was administered occurred one of those little contretemps so distressing to orderly Nordic minds. The shrill voice of Senora Alcala Zamora rose in loud lament in the lobby: "But I tell you Niceto forgot and went off with my tickets in his pockets!" Generals rushed to the rescue. Breathing hard. Senora Alcala Zamora eventually found a seat in the press gallery...

Author: /time Magazine | Title: SPAIN: First President | 12/21/1931 | See Source »

Birthdays. General August von Mackensen (82); Dr. William Temple Hornaday (77); Lord Jellicoe (72); Edward Hugh Sothern (72); William Crapo Durant (70); Robert Patterson Lament (64); Joseph Leiter (63); Gerard Swope (59); Newton Diehl Baker (60); Arthur Atwater Kent (58); Winston Churchill (57); Frank Jay Gould...

Author: /time Magazine | Title: Milestones, Dec. 14, 1931 | 12/14/1931 | See Source »

...realize the $18,000,000 which the stamps represent. But it does hope to surpass the $5,300,000 raised last year. The 2,084 local headquarters are utilizing the most insistent names they can enlist for their collection work. In the Manhattan district the name is Thomas William Lament; in Chicago, David Forgan; in St. Louis, John E. Edwards; in Boston, Dr. John B. Hawes II; in Cleve land, Dr. Robert Bishop; in San Francisco, William H. Crocker; in New Orleans, Dr. Chaille Jamison...

Author: /time Magazine | Title: Medicine: Christmas Seals | 12/7/1931 | See Source »

Government could shut down small mines and steer the larger ones around the Sherman Law into a price-fixing amalgamation, was a scheme laid before Secretary of Commerce Lament last summer (TIME...

Author: /time Magazine | Title: INDUSTRY: Lead-Shod Coal | 11/30/1931 | See Source »

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