Curtis Bean Dall

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"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 in Oct 1929 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. As hundreds of millions in worth were simply swept away in the Crash, she thought Curtis could just give back the money James had lost. Curtis did give it back, out of his own pocket and generosity, and to his detriment.

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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)

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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) "The Democratic politicians who were looking for a 'target' in Washington pointed their finger at President [[Herbert Hoover]]. The crash was his fault! He was the goat; certainly not the One-World Bankers with their curtailment of credit and their short-selling, performed by well rewarded 'fronts.'" (''F.D.R.'', p. 54)

http://freepages.history.rootsweb.ancestry.com/~wjhonson/RooseveltFamily.JPG

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@@ Line 24: / Line 24: @@
 "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 in Oct 1929 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.  As hundreds of millions in worth were simply swept away in the Crash, she thought Curtis could just give back the money James had lost.  Curtis did give it back, out of his own pocket and generosity, and to his detriment.
-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 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)  "The Democratic politicians who were looking for a 'target' in Washington pointed their finger at President [[Herbert Hoover]].  The crash was his fault!  He was the goat; certainly not the One-World Bankers with their curtailment of credit and their short-selling, performed by well rewarded 'fronts.'" (''F.D.R.'', p. 54)
 http://freepages.history.rootsweb.ancestry.com/~wjhonson/RooseveltFamily.JPG