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Wall Street backs Gilbert as top Morgan informer
Wall Street agrees with Senator Carter Glass and J. P. Morgan that S. Parker Gilbert supplied the Morgan firm with the most valuable information in years. Gilbert, a former Treasury aide and Dawes-Young reparations official in Germany, is praised for his sharp grasp of world finance. A question arises whether private banks should lure government know-how. Roosevelt names Charles Michelson to run press relations for London conference. Elliott Thurston to accompany him. Moley defends Roosevelt measures as his own ideas, while professors just fill in details. Kentucky forms Municipal Bondholders Protective Committee as 23 counties face principal or interest issues. Kentuck is first to organize.
MENTIONED IN THIS ARTICLE
Leslie Eichel
Central Press
New York
Wall Street
Carter Glass
J. P. Morgan
S. Parker Gilbert
Morgan
Gilbert
New Jersey
U.S. Treasury Department
Germany
Morgan’s
Roosevelt
Charles Michelson
Michelson
Kentucky
Louisville
Kentuck Municipal Bondholders’ Protective Committee
Kentuck