Word: meyer
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Dates: during 1930-1939
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...Fall and Mrs. Harding. The real powers in the Coolidge administration were Massachusetts' Senator Butler, Secretary of the Treasury Mellon and Speaker of the House Longworth. President Hoover's ear is wide open to Banker Henry Robinson of Los Angeles, Secretary of the Treasury Mills, Postmaster General Brown, Governor Meyer of the Federal Reserve Board and Mrs. Hoover (against liquor). If Governor Roosevelt is elected President, who will...
Though the Press played a rattattoo to the general fanfare with volleys of small bullish items, there was but one major development in the business situation last week. From Washington to Manhattan journeyed Governor Eugene Meyer of the Federal Reserve Board to confer with Owen D. Young's committee of twelve bankers and industrialists seeking ways & means of pumping credit into supine industry. His mere appearance in Wall Street touched off a minor rally in a temporarily flagging market. With the Young Committee he discussed a plan for setting up a Commodities Credit Corp. with $100,000.000 capital, largely...
Last week President Hoover completed reorganization of Reconstruction Finance Corp. under the terms of the new Relief Act. Governor Meyer of the Federal Reserve was dropped from the R. F. C. chairmanship. To succeed him the President was determined to appoint a Democrat, thus making a majority of the R. F. C. board members of that party.* By turning R. F. C. control, at least nominally, over to his political opponents, the President hoped to silence campaign talk that the corporation was being used for partisan purposes...
First, President Hoover considered in order Owen D. Young, Alfred Emanuel Smith and Newton Diehl Baker, for the Meyer job. For one reason or another none of them was "available." Then dropping a good way down the Democratic list, the President settled on 68-year-old Atlee Pomerene, Ohio lawyer, onetime (1911-23) Senator and co-prosecutor of the Government's oil scandal cases. Mr. Pomerene was sworn in as R. F. C. chairman...
...private giving be destroyed but there would be grave danger of volunteer groups concluding that [their] services were no longer necessary." ¶Vetoed by the President: a $2,100,000,000 unemployment relief bill (see col. 2). ¶President Hoover recommended, in an unexpected message to Congress, that Eugene Meyer and Paul Bestor, Farm Loan Commissioner, be removed as ex-officio directors of the R. F. C. because their added duties have become too burdensome. He also recommended that the board be increased to eight with no more than four directors belonging to one party. ¶Signed by the President...