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Abroad the reaction was less favorable. In England, .Lombard Streeters referred to the plan as "a damp squib." Sir Walter Layton, Bank of England's representative on the Wiggin Committee, said it was "controlled inflation." In Paris the criticism was sharper, the eventual reaction on the Bourse violent. The third bank failure in Paris in ten days was announced, that of Banque Syndicale...

Author: /time Magazine | Title: BANKS: At Mr. Mellon''s | 10/19/1931 | See Source »

...Walter Thomas Layton, editor of The Economist (Great Britain...

Author: /time Magazine | Title: INTERNATIONAL: Nothing Resounding | 8/24/1931 | See Source »

...domestic extravagance. From the Wall Street point of view no financial diplomat could better express the hard truth which Germany had yet to be told than Banker Wiggin. As head of the Committee he could say these things privately or call as he did upon other speakers. Sir Walter Layton was loud in demanding German fiscal reform; he pointed proudly to the drastic economies that Britain is considering...

Author: /time Magazine | Title: INTERNATIONAL: Nothing Resounding | 8/24/1931 | See Source »

...Kansas, Wheat Farming Co. of Hays is the largest corporate producer. Last year it worked 25,000 acres. This year it harvested 32,500 acres. William Layton of Salina and Simon Fishman of Greeley County are tied as the State's biggest individual wheat producers. Each has 10,000 acres...

Author: /time Magazine | Title: HUSBANDRY: 25c Wheat | 7/27/1931 | See Source »

...swallowed its last great Liberal competitor, the even huger Daily Chronicle (circulation: 1,000,000), onetime organ of David Lloyd George, onetime employer of Reporters James Ramsay MacDonald and Philip Gibbs. Appeared the Daily News & Chronicle, to be administered by five trustees: Lord Cowdray, Henry Tylor Cadbury, Walter Thomas Layton, B. H. Binder, J. C. Akerman...

Author: /time Magazine | Title: The Press: Monsters Merge | 6/9/1930 | See Source »

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