Nervous Nellies and the depression era elites
Analysis of upper middle class investors labeled nervous nellies by tax authorities and bankers. It notes 100000 salaried and business people with 10000 to 25000 annual incomes selling stock after 1938 declines, shifting to real estate and government bonds for modest returns. Mentions Morgentau funds, Fed actions, and political restraint amid recovery fears.
MENTIONED IN THIS ARTICLE
Ifen- Ty Morgenthau
Christmas Gatherings and Births Mark Local News
Dec 27 notes show Mr and Mrs M Bartter hosting a Christmas Day dinner with the Shephard family of Grafton and the Clyde Bartters from Cleveland, Joyce Palmer visiting Lakewood, and Dr and Mrs Joseph Martin greeting twin daughters in Lowell Ohio. Also covered are pot luck gatherings, Sunday school plays, Rev C C Maple’s travels, and Lorain church district meetings January 14–15. John Bainbridge’s health update is included.
MENTIONED IN THIS ARTICLE
Fields
M. Bartter
Minneapolis
Minn
Askaloosa
Iowa
Chas. F. Austin
Lorain
Also Mentioned on This Page
Federal Reserve
Jonah
Open Market Committee
George Harrison
New York Reserve Bank
Paul Revere
Congress
Washington
Texas
U. S
London
National Guard
Ccc-Ers
Shush Shuh
Francis Townsend
Drys
Nets
Bankers
Orient
Piatman
United States
Japan
Philippines
Mussolini
League
Great Britain
Tokio
China
Italy
International
Senate Foreign Relations Committee
Iun
Aindbergh
England
Britain
Thig Ne
Lindbergh
Motor Division
ICC
Walsh Dill
Mexico
New York
Townsend
Huey Long
Cristenberry
Boyd Gurley
Indianapoli Times
Gurley
Townsend Weekly
Dr. Townsend
Lumber Association
Northwest
Uncle Sam
McClure Newspaper Syndicate
Good Housekeeping Institute
Anand Tan
Household Finance CO
Cal
Elyria
Onle
PR RR
Ritthar
Richard W. Freligh
Montpelier
Rev
C. C. Maple
Maple John Bainbridge
Merthe
Atisses
Bering Seal Coats
Merther& CO
Craarticent
Rasp
Rheghive