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...Reginald McKenna is the bald, brainy chairman of the Midland, largest bank in the world. Three years ago he induced Britain's leading bankers, traditionally free traders, to reverse themselves sensationally and come out for the building of tariff walls around the Empire (TIME, July 14, 1930), which have since been built. Five weeks before President Roosevelt's inauguration Mr. McKenna asked: "Is it possible to raise our internal price level? Particularly can we do so by monetary management? ... I confess the thought of inflation, so long as it is controlled inflation, does not alarm...

Author: /time Magazine | Title: GREAT BRITAIN: Benefit of Crisis | 8/14/1933 | See Source »

Last week Banker McKenna decided that the time had come to hail loudly Price-Raiser Roosevelt as an example to His Majesty's Government, who continue to keep sterling pegged at a stable rate of exchange in relation to the French gold-standard franc. In his personal organ, the Midland Bank's monthly review, Chairman McKenna minced no words of praise, called "perfectly right'' the President's action in blocking stabilization of the dollar's exchange rate by the London Conference and in shaping U. S. fiscal policy wholly with...

Author: /time Magazine | Title: GREAT BRITAIN: Benefit of Crisis | 8/14/1933 | See Source »

...last week Doorman Pat McKenna swung open the door into the private office of the President of the United States and announced: "The Gentlemen of the Press...

Author: /time Magazine | Title: The Press: Hello, Steve | 3/20/1933 | See Source »

Uncertain how to behave in this, their first formal press conference with the new President, the newsmen hesitated. Doorman McKenna said: "Pass by in single file, please, and meet the President. Mr. Young will introduce you." John Russell Young of the Washington Star, oldest White House Correspondent on the job, took post near the President...

Author: /time Magazine | Title: The Press: Hello, Steve | 3/20/1933 | See Source »

...Civic Theatre, longtime manager of stock companies in Detroit, Buffalo, Toronto, Rochester (N. Y.), Northampton (Mass.) and Providence (R. I); of heart trouble; in Detroit. Stars she trained: Katharine Cornell, Ann Harding, William Powell, Katherine Alexander. Rollo Peters, Earle Larrimore, Joan Lowell, Ralph Morgan, Frank Morgan, Ben Lyon. Kenneth McKenna, Melvyn Douglas, Jessie Royce Landis, Minor Watson...

Author: /time Magazine | Title: Milestones: Births and deaths | 10/24/1932 | See Source »

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