Last week RFChairman Jesse Holman Jones blew a choice railroad reorganization plan out of his office with one impatient blast only to find it again on his desk, with modifications, a few days later. This resilient scheme belonged to President Roosevelt's fifth cousin once removed, Philip James Roosevelt, a Manhattan banker who fortnight ago shocked a Senatorial subcommittee by declaring that his kinsman's government was thievish. As chairman of a bondholders' committee for Minneapolis & St. Louis R. R., Banker Roosevelt was trying to get his own reorganization plan approved rather than see...
Business: Resilient Scheme
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