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...earlier in the week, newshawks spotted little William Woodin scurrying out of the White House carrying a leather case under his arm. "What have you got there?" they asked. "Medallions of the President," said the nominal Secretary of the Treasury, "and they are going right back to the Philadelphia Mint to be made over. The President doesn't like them. They make him too young and show him wearing an Army hair-cut." Next day the President made over his Treasury Department command...

Author: /time Magazine | Title: THE PRESIDENCY: Tories & Thomases | 11/27/1933 | See Source »

...years ago, Dr. Oliver Mitchell Wentworth Sprague, more recently adviser to the Bank of England; noted youngish Dean Acheson, retiring Undersecretary of the Treasury, tall, lean and dark; noted a couple of assistant secretaries, the Comptroller of the Currency, the Commissioner of Industrial Alcohol, the Directress of the Mint, the Chief of the Secret Service, a member of the Federal Reserve Board; noted, also, standing in the background but apart from Dr. Sprague, two other economists, Professor James Harvey Rogers of Yale, unofficial financial adviser to the Administration, and the man who 20 years ago had taught agricultural economics...

Author: /time Magazine | Title: THE CABINET: Teachers & Pupils | 11/27/1933 | See Source »

...goldminers may export their output through the Federal Reserve. Last week as the first shipment (4,200 oz. troy) left Manhattan, gold soared to $31.69 an ounce. Old price paid by the U. S. Mint...

Author: /time Magazine | Title: International: Flown Dollars | 9/25/1933 | See Source »

...Banister, smart, vivacious, blue-eyed and sixtyish, is the second woman to get an upper berth in the Treasury from President Roosevelt. The first was Nellie Tayloe Ross, onetime Governor of Wyoming, now Director of the Mint...

Author: /time Magazine | Title: THE CABINET: Treasury Glass | 8/7/1933 | See Source »

...Loyal subjects who have wondered why George V seems to have a dirty face on so many silver coins were enlightened by Sir Robert Johnson, Comptroller of the Royal Mint. Recalling that the silver content was decreased in 1920 from 925 parts in 1,000 to only 500 parts, Sir Robert shrugged: "The result is all those dirty coins you see today. The thin covering of fine silver wears off and leaves a dirty patch on the King's cheek. We have now developed a new alloy to make the coins wear the same color all through...

Author: /time Magazine | Title: GREAT BRITAIN: The Crown: Jul. 31, 1933 | 7/31/1933 | See Source »

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