Word: wiggins
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Dates: during 1930-1939
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Thus, cheerfully, spoke Board Chairman Albert Henry Wiggin of Chase National Bank, landing in Manhattan last week, home from chairmanning the committee which mapped Europe's immediate fiscal future (TIME, Aug. 31). Told that European countries (chiefly France) were withdrawing gold from Manhattan at a rate which reached $52,000,000 one day last week and has totaled $275,000,000 since the British pound went off gold, Mr. Wiggin said with emphasis...
Winthrop Williams Aldrich, president of Chase National Bank, succeeded Albert Henry Wiggin, chairman of Chase's governors, on the directorate of Fox Film Corp. Charles E. Richardson, former Chase vice president, was made vice president and treasurer of Fox. An executive and finance committee, apparently dominated by Chase, was formed to handle Fox's monetary problems. Said Chase: "There is no foundation for rumors to the effect that a disagreement has existed between Harley L. Clarke [president of Fox] and the bankers of the company...
Viscount Cecil of Great Britain had a word to say about the Depression, the Hoover Moratorium, the Wiggin Report, and Franco-German amity. Said...
...everyone had expected them to do, the Wiggin Committee, that sober assembly of international bankers meeting in Basle to consider Germany's credit needs, voted to extend all present foreign credits in Germany for six months but stipulated that Germany must release immediately 25% of the foreign cash balances in Reichsmarks held by government order in German banks, must release an additional 15% monthly. Then, just as the sober gentlemen were all packing up to go home, the full report burst on the world. Concluded the Wiggin Committee...
Mystery of M. Moreau. Wall Street bankers immediately realized that the Wiggin Committee had set their names to an Albert Henry Wiggin report. "Al" Wiggin, head of the world's biggest bank, has said before that Reparations and Allied Debts must be reduced before prosperity can return. He has said that tariffs, and the U. S. tariff in particular, are too high (TIME, Jan. 19 et seq.). Here were delegates from ten countries saying the same thing again under his chairmanship. The mystery was how Al Wiggin persuaded France's delegate, hollow-eyed, white-haired Emile Moreau...