Word: pecora
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...Hearst Press behaved purely according to formula in helping to perpetuate the popular but erroneous idea, carefully revived by Prosecutor Pecora. that the present John P. Morgan is the main driving force of the House of Morgan. Also according to formula behaved the Scripps-Howard chain of 25 newspapers. Their formula being "liberalism." none must excel them in excoriation of unphilanthropic wealth. Their lead hound, the New York World Telegram, soon turned the predictable "revelations" of the investigation into a "shocking" scandal...
...great New York morning papers, Times and Herald Tribune, were meticulous in printing all the testimony, all the news-but no feature stories admiring the fighting spirit of Prosecutor Pecora. Edi- torially they were practically mute. The arch-Republican Herald Tribune spoke up once to the effect that the capital gains ? losses tax is a bad law. (No Manhattan paper made clear the point that the House of Morgan was opposed to that tax clause when it was written.) The Times printed a similar editorial and another entitled "Why It Hurts." Sorrowfully but reverently it found that the House...
Very courteous were the Senators to their guests. Very affable Mr. Morgan, wholly unlike his dictatorial father who gave blunt answers to the Pujo Committee 20 years ago. Very earnest-every inch the prosecutor-was Mr. Pecora. Very courtly Morgan's learned counsel. Mr. Davis. Only flare-ups of anger were between testy Senator Glass and Mr. Pecora over the course which the inquiry was taking. Mr. Glass, long a severe critic of our bankers, grew impatient with the mass of curiosity-questions not pertinent to the banking questions. Senator most critical of Morgan was Mr. Couzens...
Later Mr. Pecora resumed the role of accuser...
...Pecora: Was there a write-off of securities? . . . Did you sign for Jan. 1 and Jan. 2? ... Who signed the 1930 income tax returns? . . . Didn't examiners go over them...