In Milan last week Italy's General Bankers Confederation cheered a typical and popular U. S. stockbroker, a genial fellow of 54, who, with his young wife, lately honeymooned in Honolulu: Edward Henry Harriman Simmons, retiring president of the New York Stock Exchange.*
The Italian bankers knew that Mr. Simmons had been received in private audience by their King (TIME, April 7), had been afforded every courtesy by Il Duce. They expected him to say something courteous in return. He doubled, tripled their expectations.
"The whole American people is becoming accustomed to...