FISCAL: Dollar Doctors

Charles Gates Dawes went to Santo Domingo a month ago as a Chicago banker and onetime U. S. Budget Director to devise a budgetary and accounting system for that diminutive republic. When he returned last week to Manhattan aboard the S. S. San Lorenzo he was the newly-appointed Ambassador to the Court of St. James's. Retiring Ambassador Alanson Bigelow Houghton, who also returned to the U. S. last week, predicted a "happy and successful term" for Ambassador Dawes.

When Mr. Dawes removed his pipe to speak, his words were...

Want the full story?

Subscribe Now


Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!