THE CONGRESS: Peace & Personal Matters

In 1929 Congressmen treated successful men as heroes. Today, in an improved state of national morality, the New Deal looks on tycoons with much the same disapprobation that Nazis look upon Jews. Few are the important businessmen who can quit a Congressional investigation without having their hair singed. Some have gone away without their scalps. Therefore it was an event when a wealthy businessman last week met Senators and departed not only with all his hair but with a Congressional wreath upon it.

The victor was Bernard Mannes Baruch.

A minor reason for...

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!