Word: morgenthau
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Dates: during 1930-1939
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When Henry Morgenthau became Secretary of the Treasury he had many things to learn about finance. To his surprise he also discovered that among his employes were about 3,000 men who carried pistols-most of whom were sorry pistol shots. So in 1935 Mr. Morgenthau instituted year-round pistol practice, taught by Coast Guard cracks, for all armed agents of his Customs Bureau, Alcohol Tax Unit, Bureau of Narcotics, White House Police, Bureau of the Mint, Secret Service, Bureau of Internal Revenue, Uniformed Force of the Secret Service, Public Health Service. He put up a handsome silver Morgenthau Trophy...
...York Customs Bureau. Last week he let smugglers know how dangerous life can be by shooting 299 out of a possible 300 to defend his individual championship. He also shot a 296 and two perfect 300s, led his five-man Bureau of Customs team to win the Morgenthau Trophy for the third year. Most of the shooting was done with .38-calibre revolvers with 4-in. barrels, slow and quick fire at 15 and 25 yards. In the round permitting .45-calibre guns with barrels up to 10 in., Inspector Echols was tied at 300 by his teammate, Customs Inspector...
...York Herald Tribune Syndicate, Cartoonist Jay Norwood ("Ding") Darling, onetime (1934-36) chief of the Bureau of Biological Survey, produced an apt allegory": "Life in an Iron Lung"-Uncle Sam in an artificial respirator, with Drs. Roosevelt, Ickes, Morgenthau and Nurse Democracy experting and little John Taxpayer manning the pump...
Fiscal 1938, dressed in lamb's clothing was last week ushered out by Secretary of the Treasury Henry Morgenthau Jr. in the role of beneficent shepherd. He was able to say that the Treasury's deficit for the year of 1,459 millions was: 1) only 371 millions larger than predicted; 2) the smallest deficit of Franklin Roosevelt's administration. He was able to show that the National Debt had risen only 740 millions* the smallest rise since 1931. He could say these things because of: 1) some real reductions in Government over-head at the start...
...immediately apparent that Acting Comptroller Marshall Diggs, FDIC Chairman Leo Crowley and Secretary of the Treasury Morgenthau preferred to regard bank regulations as safeguards for depositors. Last week, after hot & heavy debate, the four reached a compromise "through the usual democratic processes of give & take." The National Association of Supervisors of State Banks approved. So did Franklin Roosevelt. The new rules go into effect July first. Important changes...