Word: morgans
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Dates: during 1930-1939
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...world Press dithered because all in one morning last week chunky, pipe-sucking Prime Minister Stanley Baldwin conferred with frail old U. S. Ambassador Robert W. Bingham and immediately afterward with hale old Banker J. P. Morgan. Supercilious comment in The City, London's Wall Street, was that most of President Roosevelt's fiscal emissaries to Europe, such as Professor Raymond Moley, have been "neither known nor trusted here" and that if the President now has any proposals to make to His Majesty's Government he could not have done better than to entrust them...
...Wall St. had talked with No. 10 Downing St. about stabilizing the world's currencies and bringing the fantastically kited price of silver to lower levels. In the House of Commons innuendoes were hurled by Labor M. P.'s, who now smell "munitions" in everything, that Banker Morgan had somehow turned up in the interest of Merchants of Death...
This caused the Prime Minister to tell the House with that perfect aplomb which never leaves Stanley Baldwin: "Mr. Morgan is an old personal friend of mine with whom I have stayed in New York. He always comes to see me when he is in this country. I hope he will continue to do so." Meanwhile New York Times Correspondent Ferdinand Kuhn Jr. cabled : "Persons who attended the royal garden party last week noticed the almost affectionate greetings that Mr. Morgan received from the King and Queen. He had waited patiently at the end of a long line of Dominion...
Importantly in London last week Ethiopia's Envoy Extraordinary and Minister Plenipotentiary, Dr. Azaj Wargneh Martin, observed that J. P. Morgan is now in the British Isles and that it would be most gratifying if they could get together on a $10,000,000 loan. Next day an enormous limousine carried Ethiopia's envoy to Buckingham Palace and, in behalf of his sovereign Emperor Power of Trinity, the Conquering Lion of Judah, the King of Kings and the Elect of God, coffee-colored Minister Martin proceeded to decorate King George and Queen Mary...
...tons of supplies were dragged in by horse, barge, tractor and sledge. But by 1930 Flin Flon was nearing its present population of 5,000, and the mine was ready for operation. In that year another $5,000,000 was raised by a bond issue underwritten by J. P. Morgan & Co. Last week as a preliminary to the payment of dividends, the last of that bond issue was paid off 100? on the dollar. No sooner had ore shipments started in 1930 than the prices of copper and zinc, Hudson Bay's principal products, began to crash to historic...