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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...

Author: /time Magazine | Title: Business & Finance: Governor | 3/31/1930 | See Source »

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...

Author: /time Magazine | Title: Married | 3/10/1930 | See Source »

...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...

Author: /time Magazine | Title: INTERNATIONAL: Magnificent McGarrah | 2/3/1930 | See Source »

Announcements of the most authoritative character made it seem certain, last week, that the governors of Europe's great central banks of issue have told Gates W. McGarrah, now board chairman ol the New York Federal Reserve Bank, that they wish to elect him board chairman of the new Bank for International Settlements soon to be set up in Basle, Switzerland, as "the cash register of German reparations" (TIME, March...

Author: /time Magazine | Title: INTERNATIONAL: Magnificent McGarrah | 2/3/1930 | See Source »

Massive and magnificent of mien is Gates McGarrah, 67, of striking resemblance to the late J. P. Morgan Sr. He is a director of such large corporations as American Brake Shoe & Foundry Co., a member of practically every tycoon's club in Manhattan...

Author: /time Magazine | Title: INTERNATIONAL: Magnificent McGarrah | 2/3/1930 | See Source »

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