Curtis Bean Dall
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The story is repeated in ''The Lethbridge Herald'' with the additional information that Mr and Mrs Dall upon receiving the telegram, and before sending their reply, consulted with their neighbor the banker Paul Warburg.<sup>[[#Footnotes 3|G]]</sup> | The story is repeated in ''The Lethbridge Herald'' with the additional information that Mr and Mrs Dall upon receiving the telegram, and before sending their reply, consulted with their neighbor the banker Paul Warburg.<sup>[[#Footnotes 3|G]]</sup> | ||
| − | "In 1927, '28, and '29 there were many new offerings of bond and stock issues and I was very busy."(''F.D.R.'', p. 27) "In the Spring of 1929, and acting with the blessings of my good friends in Lehman Brothers, I joined the investment firm of O'Brien, Potter and Stafford of Buffalo, New York, as a partner in charge of their New York office. (''F.D.R.'', p. 47) Dall was on the floor on Black Tuesday, the day of the 1929 Stock Market crash. In reference to the Great Depression of the 1930s he states (in his 1967 book): "Actually it was the calculated ‘shearing’ of the public by the World Money-Powers, triggered by the planned sudden shortage of the supply of call money in the New York money market." (''F.D.R.'', p. 49) | + | "In 1927, '28, and '29 there were many new offerings of bond and stock issues and I was very busy."(''F.D.R.'', p. 27) "In the Spring of 1929, and acting with the blessings of my good friends in Lehman Brothers, I joined the investment firm of O'Brien, Potter and Stafford of Buffalo, New York, as a partner in charge of their New York office. (''F.D.R.'', p. 47) Dall was on the floor on Black Tuesday, the day of the 1929 Stock Market crash. On pages 48-51 he relates a very bizarre reaction of Eleanor Roosevelt's to her son James' losing money in a margin account during the crash. She ordered Curtis to restore the money, to make James whole. Apparently Eleanor had very little understanding of the financial markets or just what the Crash meant. |
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| + | In reference to the Great Depression of the 1930s he states (in his 1967 book): "Actually it was the calculated ‘shearing’ of the public by the World Money-Powers, triggered by the planned sudden shortage of the supply of call money in the New York money market." (''F.D.R.'', p. 49) | ||
http://freepages.history.rootsweb.ancestry.com/~wjhonson/RooseveltFamily.JPG | http://freepages.history.rootsweb.ancestry.com/~wjhonson/RooseveltFamily.JPG | ||
