Foreign News: Baden-Baden Bankers

Most people who go to Baden-Baden do so to quaff curative quarts of German water, tone up their livers, rest. But last week in the sumptuous Hotel Stephanie potent bankers from seven nations continued to defy all restful rules. Night after long night they kept the Grand Ballroom blazing behind locked doors until nearly dawn. Chairman of these occult doings was driving, restless Jackson Eli Reynolds, President of the First National Bank of New York.

With colleagues representing the great central banks of Britain, Belgium, France, Germany, Italy and Japan, brisk Mr....

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!