Word: pierson
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...thwacking," "rebuking," "assailing" letter (as headlines called it) to President Lewis Eugene Pierson of the U. S. Chamber of Commerce. He told Mr. Pierson, who is a banker, that he was surprised by the Chamber's "misconception of facts"; by its "generalizations" about the surplus, which it had no accurate means of estimating; by downright errors in its figures. "Such carelessness," said Secretary Mellon, "is perhaps excusable in a general discussion . . . Certainly it is hard to defend in a report which furnishes the basis for an at- tack on official estimates. . . . This is hardly worthy of a businessmen...
...this & that as eagerly as anyone else, President Coolidge experienced a genuine burst of temper and indignation when, last week, President Pierson and the Chamber again called for a $400,000,000 tax cut. President Pierson said that a referendum of all the Chambers of Commerce had backed their rational executives' program 90% strong. The Chamber was anxious for its tax cut, said President Pierson, even if, combined with big appropriations, it resulted in a deficit. President Coolidge's voice rose and rang bitterly as he called this talk "absurd," especially coming from Business men who apparently were unaware that...
...White House office came Herbert C. Hoover on a trip from the flood district. From the White House came a letter to Lewis E. Pierson, president of the U. S. Chamber of Commerce, requesting further aid from that organization in raising some millions of dollars for flood relief work...
...Reconstruction Committee organized a special Louisiana credit corporation. Federal Intermediate Credit Banks will re-discount farm loans made by this corporation at a ratio of four to one-which means that the corporation will be able to borrow four times as much money as it raises. Meanwhile, Lewis E. Pierson, president of the U. S. Chamber of Commerce, and Eugene Meyer, chairman of the Farm Loan Board, began a campaign among Northern businessmen and bankers, asking them to match, dollar for dollar, the money being raised in Louisiana. Through these two movements Mr. Hoover estimated that $5,000,000 would...
...expects Lewis Eugene Pierson, new president of the Chamber, to give all his time to the organization. He is chairman of the board of the American Exchange-Irving Trust Co., 13th largest bank, in point of deposits, in the world. But because his domestic and foreign banking, industrial and public utility affiliations are so widespread and so intricate, one hour's conference with him as president of the Chamber will bring more positive result than five hours' conference with a less extraordinary executive...