The Washington times., 1934-03-28
Id naturally. to

attitude. ""O'F ""f'
We walked into one office, and
the manager in charge said:
"Well, l see that the Presi-
dent wants teeth in the stock
exchange bill"
So, we said:
"What Of it?"
And he replied:
'If there are any more teeth
IN that bill they will be all
: molars (nOt biScupidS) and we
= win be chewed to pieces. We
: are very near that now"
So, not liking that attitude, we
5ourneyed to another office, where
we found that a petition was be-
ing circulated. This petition eX-
planned that if the bill was passed
many white collar" workers
would become members of the
unemployed. The petition stressed
the fact that if the bill was
passed many hard working brokers
would be put out of business
least five of the present 10 New
York branch offices located here,
according to estimates.
One Of the members Of that
firm, in explaining to a customer
to what sad pass the stock market
had come, said:
"Three seats were sold ON the
New York Stock Exchange to-
/, day. The first one brought
100000; the second, was taken
:. for $S5,O0O, and the third was
>. . gift at $4,000. Can you beat
that. That's the lowest price q
stock exchange seat has sold for
in my memory and I've been in
the game a long time"
:. Alexander Gregg, who once
upon a time was one Of Andrew
,Mellon's fair-haired boys in the
Treasury Department, is con-
Halescing. Mr.. Gregg, as every
one who is financially-minded
knows, was the tax adviser Of the
former multi-millionaire head Of
the Government exchequer. He
was stricken in New York and
brought back here, where he
underwent an operation at the
episcopal Eye, Ear, Nose and
Throat Hospital. He's recovering
80 fast that he will be home
within a day or two.
Ed Little, one of the best known
customers men at Fenner &
.Beane's establishment, is boasting
that he's been high and dry on
the water wagon since legal
liquor came back. We tried to
break that record by quizzing all
the customers men and brokerage
office managers, but were unsuc-
cessful.
Brooke Johns, who used to be
with Ziegfeld FollieS but who now
10 a staid, horse-raising, great
dane raising squire - living in
Maryland-took us to task in a
most modest way for the last
thing we said about him. II you
read this, you recall he wanted to
buy some stock at 63 and when he
found it was selling for 10 and
hiS order was no good he de-
1nanded Congressional investiga-
tion.
< Mr.. Johns took us to task, in
true theatrical manner, by thank
ing us for the little publicity
item.
Asked what he thought of the
present market. he said:
'T'm going to sue this firm if
the stock exchange bill doesn't
60 through"
: We asked:
"Well, how about the present
market"
He replied:
: 'Everything's gone Palm
Beach, including the market"
Figure that out for yourself.
NoperC Z. Jones, OF Robert c.
Jones & Co., Inc, is so busy with
0ut-of-town people, coming here
Tor the various hearings on the
stock exchange bill, he can't get
In his usual weekly bridge game.
He's quite a fan, it's said. Gossip
though, says his wife's a shark" !"
Miss Florence Mcclure, who,
once upon a time, in the not dim
distant past, lived in Emporia,
Kan, is the eynosure Of all mas
culine eyes in the Treasury De-
partment these days. She's the
secretary of Herman Oliphant,
chief counsel Of that monetary
institution, and rumor has it that
she's the most beautiful girl in |
the New Deal"
REEIII AR QUARTERLY