Business: Fisher on Gold

Before a joint committee of New York State law-makers engaged in revising New York's public utility laws, appeared last week Professor Irving Fisher, Yale economist. Even as many a Yale student has replied "I don't know" to questions asked by Professor Fisher, so Professor Fisher replied "I don't know" to questions asked by the committee's counsel. Col. William Joseph ("Wild Bill'') Donovan, onetime (1924-25) U. S. Assistant Attorney-General. Finally Professor Fisher admitted that he was unprepared, had not made any particular study of Public Utilities....

Want the full story?

Subscribe Now

Subscribe
Subscribe

Get TIME the way you want it

  • One Week Digital Pass — $4.99
  • Monthly Pay-As-You-Go DIGITAL ACCESS$2.99
  • One Year ALL ACCESSJust $30!   Best Deal!
    Print Magazine + Digital Edition + Subscriber-only Content on TIME.com

Learn more about the benefits of being a TIME subscriber

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