Word: warburgs
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...tight or go definitely on. The President, still without consulting his Brain Trust, began to draft in the White House a second message to the Conference. Amid his labors he called up Secretary Hull for an extra secret talk. In London, when U . S. Banker-expert James P. Warburg entered the room in which Mr. Hull was telephoning, a meaning jerk of the Secretary of State's head caused him hastily to withdraw. Tension meanwhile was slackening. "I will lunch with the U. S. Delegation tomorrow," said French Finance Minister Bonnet. "We must not destroy all signs of confidence...
...standard statesmen, dubbed "Golders" by London correspondents, wrote in succession seven statements. These were carried one after the other by British Chancellor of the Exchequer Neville Chamberlain into another room. There they were rejected one after another by the U. S. Delegation's acting fiscal expert James P. Warburg. The eighth draft he passed. It was transmitted to the President by Professor Raymond Moley who proved, last week, a great disappointment to the Conference. Delegates had hoped they could get down to business with him and really negotiate. Instead Dr. Moley. bland and self-possessed, talked courteously with everyone...
...there. It must be sold adroitly to French Finance Minister Georges Bonnet or he might walk out of the Conference. Mild Mr. Hull, feeling perhaps not equal to the job, chose as his Delegation's super salesmen James Middleton Cox and sleek, persuasive Manhattan banker-expert James P. Warburg. Salesmen Cox & Warburg took the Frenchman into an inner committee room, M. Bonnet protesting that since President Roosevelt was known to oppose dollar stabilization "the alternative is an orgy of inflation and the Conference might as well adjourn!" The door was closed, locked...
Only a few Kuhn, Loeb partners were, however, able to brush up their memories. For the first noteworthy fact about Kuhn, Loeb today is that of its eleven partners only two were members of the firm prior to 1928: Felix Warburg, elected 1896, now active only in an advisory capacity, whose chief concern today is with the long tier of filing cabinets containing the desiers of his numberless charities which stand behind his desk in the K. L. office; Otto Kahn, elected 1897, diplomat of the firm, whose numerous public and private appearances, not to mention ill health, have...
...house survives in something more than name for it has always been a family firm. The House of Morgan until, very recent times selected practically all its partners from outside its family. Kuhn, Loeb pursued just the reverse policy. Felix Warburg was son-in-law of Jacob Schiff. Otto Kahn was son-in-law of the late Abraham Wolff (one of the early partners). Since 1931 Felix Warburg's wisecracking Son Frederick, Otto Kahn's twice-married Son Gilbert, have been members of the firm. And Jacob Schiff's Grandson John, only 26 years old, became...