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Both Senate and House held hearings. Banker James P. Warburg, Professor Edwin W. Kemmerer, Professor O. M. W. Sprague and several Reserve Bank officials criticized one or several aspects of the President's plans for the dollar. The House Coinage Committee received Father Coughlin of Detroit with open arms, posed with him for pictures, came member by member and whispered in his ear. and attended in awed silence while he declared...

Author: /time Magazine | Title: THE CONGRESS: Last Round Up | 1/29/1934 | See Source »

...Nation)-to ballyhoo their demands. In the House, Representative Andrew Somers announced that the Coinage, Weights & Measures Committee would hear the opinions of all the most vociferous money theorists-hard, soft, and elastic-Dr. O. M. W. Sprague, Frank Vanderlip. Father Coughlin, Professor Irving Fisher, Banker James P. Warburg, etc. etc. Before their voices could distract the country, the President acted. He sum moned all the members of the Senate and House Banking and Currency Committees ta a White House monetary soiree. He told them exactly what steps he wished to take next and why. The following noon he sent...

Author: /time Magazine | Title: THE PRESIDENCY: Roosevelt Week: Jan. 22, 1934 | 1/22/1934 | See Source »

...Bonus with greenbacks, and 2) two years ago at a hearing on the Bonus bill he met and made friends with George LeBlanc-French Canadian by birth, Manhattan banker by training, and inflationist by theory-the same Mr. LeBlanc whose friendship with Thomas was the basis of Banker Warburg's charge (TIME, Jan. 1) that LeBlanc wrote the Senator's speeches. Whatever theories Senator Thomas may have picked up from Banker LeBlanc the push behind his drive for inflation was his own. The developments of 1933 added many a feather to his political...

Author: /time Magazine | Title: National Affairs: Turn of the Flood | 1/15/1934 | See Source »

Other witnesses who have agreed to appear in Washington to explain their views include Father Charles E. Coughlin, Irving Fisher, Yale professor and "commodity dollar" advocate, Frank A. Vanderlip, former New York banker and Technocracy enthusiast, and James P. Warburg '17, Manhattan banker...

Author: NO WRITER ATTRIBUTED | Title: Sprague Appears Today in House Committee Hearing | 1/15/1934 | See Source »

Died. Dr. Carl Joseph Melchior, 62, German banker (M. M. Warburg & Co.) and reparations spokesman, onetime board vice chairman of the Bank for International Settlements; of heart disease and arteriosclerosis; in Hamburg...

Author: /time Magazine | Title: Milestones, Jan. 8, 1934 | 1/8/1934 | See Source »

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