Word: lamont
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Dates: during 1920-1929
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Last week Secretary of Commerce Robert Patterson Lamont did what was expected of him when he said YES to all his predecessor's plans and policies, thus...
Secretary Lamont has on his hands one problem that will certainly require the interposition of the President's power to straighten it out. This problem is the relationship in foreign fields of the State Department's diplomatic and consular representatives and the Commerce Department's commercial attaches. As Secretary of Commerce, Mr. Hoover greatly multiplied these commercial attaches and raised them to a new plane of importance. He picked shrewd men who knew U. S. business and sent them forth to scout the world for new markets. Inevitably they have clashed with the regular foreign service...
...persisted in calling the "Morgan-Young Bank" should turn out to be a glittering gold and silver U.S. strait-jacket for European finance. The dread lest a controlling interest in the new Bank should be vested in Wall Street would not down, last week, even when Mr. Thomas W. Lamont of No. 23 Wall Street (The House of Morgan) solemnly assured correspondents that such fears are baseless...
...Prohibition Amendment. Hastily the press consulted the Association, but the Association did not know that Mr. Lamont had left its ranks. Mr. Lamont, asked by the press, said that he had resigned "sometime within the last six months." Later he said that a friend had once asked him to join the Association and through that friend he had forwarded his resignation. "We all do some things for friendship," he explained. Mr. Lamont's friends in Chicago were amused. Said Dr. Clarence True Wilson, secretary of the Methodist Board of Temperance, Prohibition, and Public Morals: "We Methodists believe in repentance...
Morgan Banks. Both Guaranty Trust and National Bank of Commerce have connections with the House of Morgan, with the Morgan influence especially strong in Guaranty Trust. It was the late great Morgan Partner Henry P. Davison, who, in 1909, began Guaranty's period of swift expansion. Thomas W. Lamont and George Whitney are present Guaranty Morganites. President of Guaranty Trust is blond William Chapman Potter, onetime mining engineer; Chairman of its Board is swarthy Charles Hamilton Sabin, onetime Massachusetts farm-boy. They are brothers-in-law, their wives being daughters of the late Paul Morton, Roosevelt's Secretary...