Word: seering
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...loans as earning assets was treated for the first time not as a horrifying abnormality but as a more or less permanent condition to which banks would have to adapt themselves. In a report for the A. B. A.'s economic policy commission, Cleveland Trust's financial seer, Colonel Leonard P. Ayres, described this change as the most important bankers have faced since the Civil War.* Said...
...M.I.T. adviser who believes in the inflexibility of economic law is Oliver Mitchell Wentworth Sprague, the Harvard seer who quit his advisory job in the Treasury in a huff over New Deal monetary policy. Last week in Washington Mr. ' Sprague held forth upon investment policy for the benefit of SEC. Pointing out that M.I.T. was deeply concerned with steady income. he observed that if appreciation were the chief object, a trust should be a one-man affair...
...Church of Jesus Christ of Latter-day Saints (Mormon), of which shrewd old Heber Jedediah Grant is Prophet, Seer & Revelator, owns sugar-beet fields, banks, hotels, the oldest U. S. department store (Zion's Cooperative Mercantile Institution, Salt Lake City). During Depression, however, Mormons felt the pinch like everyone else. By this year 88,000 of the Church's 638,000 members were on relief rolls. Last month the Mormon First Presidency, whose absolute head is Heber Grant, resolved to take the indigent Saints off relief by next Jan. 1. Revealed last week were full details...
...still a practicing Theosophist seer" since he is not a Theosophist and does not claim to be a seer...
Died. Humorist Finley Peter Dunne, 68, creator of the famed fictional seriocomic seer "Mr. Dooley"; of cancer of the throat; in Manhattan. A Chicago journalist, in 1892 Dunne patterned "Mr. Dooley" after one James McGarry, whose bar he frequented. With his pungent comments on public figures and affairs ("Politics ain't a bean bag. 'Tis a man's game, an' women, childher and pro-hybitionists's do well to keep out iv it."), Mr. Dooley was for 20 years a national institution...