Word: morgenthau
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Dates: during 1930-1939
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Morgan & Co. might be appointed-not to sell the bonds in Manhattan, for that would be illegal-but only to pay coupons in dollars to holders of these French bonds who might turn up in Manhattan and ask for payment in dollars. Although Secretary of the Treasury Henry Morgenthau Jr. took this occasion publicly to wish the French loan "great success," the Treasury was obliged to inform Paris that there would indeed be Congressional perturbation over any such attempt...
This is the third and final installment of the outline written by Henry Morgenthau, Jr., Secretary of the Treasury, for the CRIMSON, and used by him at the H-Y-P Conference...
...window at snow falling and told her to telephone if she got caught in a ditch. "All right," said she, "I'll telephone you from the snow drift." "And she would, too," said the President after the door closed. She did not telephone, however. She and Mrs. Henry Morgenthau Jr. drove to Ithaca with a good chauffeur and there she marched in a fashion parade for the benefit of the Home & Farm Weekers, modeling her inauguration gowns...
Meantime in Washington the men responsible for this predicament were busy with plans to make the game, if anything, even more complicated. Called for this week was a conference between Secretary of the Treasury Morgenthau, Chairman James McCauley Landis of SEC and Chairman Marriner Stoddard Eccles of the Federal Reserve Board to study ways & means of discouraging investment of foreign funds in the U. S. With its gold sterilization program (TIME, Jan. 4), the Treasury is now keeping the incoming metal from inflating the credit base. But the huge volume of investments is itself a threat to U. S. stability...
...communicative mood was Mr. Morgenthau last week. He referred to a story about a possible U. S. loan to Germany as having been written by "one of those city slickers." Said he: "I think some country boy sold him the story." While Mr. Morgenthau was discussing bigtime money matters in press and private conference last week, Chairman Leo T. Crowley of Federal Deposit Insurance Corp. had something to say to the nation's bankers on distinctly smalltime money matters. Releasing his 1936 report, Mr. Crowley lit into the members of FDIC for dabbling in speculative bonds. Warned...