Word: morgenthau
(lookup in dictionary)
(lookup stats)
Dates: during 1930-1939
Sort By: most recent first
(reverse)
...Government bigwigs. Last week's crop included Michigan's Governor Frank Murphy (St. John's University, Brooklyn), New York's Governor Herbert H. Lehman (Syracuse), Wisconsin's U. S. Senator Robert M. La Follette Jr. (University of Wisconsin), Secretary of the Treasury Henry Morgenthau Jr. (Temple). But this year's commencements produced a remarkable political echo. Honorary degrees went to no fewer than three of President Roosevelt's opponents in last year's battle over the Supreme Court-Michigan's Senator Arthur H. Vandenberg (Union College), Montana's Senator Burton...
...incident which somewhat supports criticism of the setup: Fitch's rated the recent $100,000,000 issue of U. S. Steel debentures as AAA (highest), Standard as A1 (second rank), Poor's and Moody's as A (third rank). Last week, too, Secretary of the Treasury Morgenthau revealed that the group which has been devising a uniform bank examination was also brewing substantial modifications of bond ratings and eligibility...
...feelings for La Patrie. Last week, when London put to Washington the idea of permitting Paris to cheapen the franc, thus giving France a competitive advantage in world markets, while holding the dollar and pound at present levels, the hesitations of the President and Secretary of the Treasury Henry Morgenthau Jr. were brief. Nevertheless, these hesitations were agonizing to Premier Edouard Daladier, for, although most Frenchmen were convinced the franc must be again cheapened, some French fiscal experts believed Franklin Roosevelt would take this occasion to cheapen the dollar too, as he did four years...
After much waiting. Secretary Morgenthau, speaking by telephone to First Secretary H. Merle Cochran of the U. S. Embassy, Paris, dictated two precious paragraphs. After these were handed on Embassy stationery to Premier Daladier. confirming that what he was going to do was no violation of the Tripartite Monetary Accord of the U. S., France and Britain which was signed to keep their three currencies level with each other (TIME, Oct. 5. 1936), Premier Daladier was able to announce devaluation of the franc over the radio and to tell Frenchmen that the pound and dollar would not be devalued...
...simplify activities of the three Federal agencies which supervise U. S. banking activities-the Federal Reserve System, Federal Deposit Insurance Corp. and Comptroller of the Currency. Franklin Roosevelt asked for such action in an inconspicuous part of his April 14th message to Congress. Last week Secretary of the Treasury Morgenthau, FDIC Chairman Leo Crowley, Acting Comptroller of the Currency Marshall Diggs and several Federal Reserve officers sat down to see if the simplification could not be accomplished without legislation. First problem tackled was bank examinations, now conducted differently by all three agencies. At week's end it was reported...