Word: mcgarrah
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Dates: during 1930-1939
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...matter of course and by unanimous vote, Gates W. McGarrah, who resigned as chairman of New York's Federal Reserve Bank to go to Basle was elected last week President and Board Chairman of the B. I. S. As his large, well-knit body eased into the chairman's place, Mr. McGarrah cleared his throat and, with a trace of Scotch burr, sonorously announced as the first item of business that his alternate and technical advisor will be Mr. Leon Fraser, the "continuing expert" who was chief U. S. legal advisor to young Agent General Seymour Parker Gilbert...
...member of the French Garde Republicaine (special police) spied a pair of diamond earrings twinkling in a Paris gutter last week. He returned them through the Prefecture of Police to Mrs. Gates McGarrah, wife of the chairman of the new Bank for International (reparations) Settlements...
Adroitly arranged are the other senior executive positions, none of which represents a demotion. Under Mr. Wiggin will be: bespectacled Chairman of the Executive Committee John McHugh, who was "discovered" in Sioux City by Gates W. McGarrah ; Chairman of the Board Charles Simonton McCain, who began banking by beginning banks in Arkansas; youthful Vice Chairman of the Board Robert Livingston Clarkson, scion of a banking family; President Winthrop Williams Aldrich, young Rockefeller-sponsored Equitable president. Behind these will be a directorate whose membership is a roster of potency in railroads, copper, chemistry, shipping, insurance, steel, communications...
Resigned. Gates W. McGarrah, 67, board chairman and Federal Reserve agent of the Federal Reserve Bank of New York; to become a director of the Bank for International Settlements. To succeed him, the Federal Reserve Board appointed James Herbert Case, deputy governor since...
...Banker McGarrah would not comment. Friends spoke of the "great sacrifice" it would be for him to quit his august Federal Reserve post; but few thought that he would not choose to go to Switzerland and shoulder Europe's great task...