Word: warburgs
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...again. Cause of the crisis was the near failure of Osterreichische Kreditanstalt, the great Vienna bank founded 86 years ago by the House of Rothschild. On its board of directors today sit representatives of the Bank of England, Manhattan's Guaranty Trust Co., Schneider & Cie of Paris, M. M. Warburg & Co. of Hamburg...
Newton Diehl Baker was succeeded as president of the Woodrow Wilson Foundation by onetime U. S. Ambassador to Japan Roland Sletor Morris and as president of the American Association for Adult Education by Banker Felix M. Warburg...
...Institute cheered, hollered and sang Hallelujah as two special cars brought trustees, alumni & friends to celebrate Tuskegee's Golden Jubilee. Came Secretary of the Interior Ray Lyman Wilbur, Chairman William Jay Schieffelin of Tuskegee's board of trustees, Canon Anson Phelps Stokes of Washington Cathedral, Manhattan Banker Paul Moritz Warburg, and representatives of 24 Governors. President Hoover was to speak to them over the radio, on "Race Relations...
Prophecy. "From the banker's point of view," said Mr. Warburg, "I do not hesitate to say that within a few years hence the level at which some of our securities sell today will look . . . incomprehensibly low . . . even though one might anticipate a year or two of reduced dividends...
...Warburg. To the directors of Manhattan Co. and its banking units, last week Paul Moritz Warburg presented his views. For having denounced the speculative orgy of 1929 and predicting its inevitable end (TIME, May 19), shrewd Banker Warburg gained a reputation as a good prophet, has not lost it by premature optimism. Last week he called the business cycle "a subject for psychologists rather than for economists," said the Government could serve a better purpose by squashing booms rather than vainly attempting to halt depressions. He too denounced tariffs, artificial attempts to fix prices...