Business & Finance: Coldest of Cold Blood

Private fulminations and public carpings against the New Deal have become almost a routine of the business day. But only one banker has made himself notable for his self-dedication to the job of serious argument: James Paul ("Jimmy") Warburg, 38, author, smart son of a smart father, librettist husband of a tuneful wife, vice chairman of Bank of the Manhattan Co. Last week in Buffalo, Jimmy War burg concluded, with these words, the ablest of his many speeches:

"I do not hesitate to say to you that if we . . . go in for...

Want the full story?

Subscribe Now

Subscribe
Subscribe

Learn more about the benefits of being a TIME subscriber

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