Word: stettinius
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...hunting J. P. II "Jack" (to a very few friends) Morgan had been carefully reared by his father in the traditions of personalized private banking. But his own and his father's flair for men surrounded him with partners whose brilliance obscured everything but the Morgan name. Stotesbury, Stettinius, Cochran, Lament, Morrow, Davison-such men made the term "Morgan partner" a semi-mythical synonym not only for (at one time) $1,000,000 a year, but for financial diplomacy on an international scale. When War came, it was Partners Henry P. Davison and Dwight W. Morrow...
...school came Brother Charley Taft, Yale '18, and a new law firm, Taft & Taft, hung out its shingle in Cincinnati. Later enlarged, the firm is now Taft, Stettinius & Hollister, has six partners. Charley dropped out two years ago when he was elected to the City Council. Taking no criminal or marital cases, the Taft firm steadily built up a solid corporate practice locally (Gruen Watch, Globe-Wernicke, Cincinnati Milling Machine, etc.). Its business base was the management of estates and trusts-especially those of Uncle Charles (d. 1929) and Aunt Annie (d. 1931). Largest asset of these: the Times...
...President's appointments to the War Resources Board roused a whole closetful of undefined, murmured fears among the New Dealers now running Washington. Chairman of the Board was Edward R. Stettinius Jr.-also chairman of U. S. Steel. Serving with him were no Laborites, no Little Businessmen, no Janizaries. Instead, there were such Big Businessmen as A. T. & T.'s Walter Gifford, General Motors' John Lee Pratt, Sears, Roebuck's General Robert E. Wood, Manhattan Banker John Milton Hancock. Here, to the shaken Janizariat, was sinister evidence that Franklin Roosevelt, in advance of war, had turned...
...would run the U. S. in time of war? was vital. But that question alone did not move him to act last week. The President was in a peculiar and exasperating position. For on him, to his pained surprise, was hung the tag of J. P. Morgan & Co. Mr. Stettinius and at least three of his fellow boardmen, it was being said, were present or onetime minions of the House of Morgan. By itself this circumstance would have been a nine-day wonder to be pondered and forgotten, along with Mr. Roosevelt's sundry other and short-lived flirtations...
...Board." By disbanding it, minimizing its report, and chiding its sponsor, Louis Johnson, the President in time's nick snatched a deadly weapon from his foes in the Senate. About all they had left to hit him with then was the reasonable supposition that Big Steel's Stettinius will be back on the pre-war scene in Washington at some more politic time...