Business & Finance: Chicago v. New York

(See front cover)

Brilliant is the spotlight which plays about the comings and goings, the doings and infrequent sayings of Gov. Benjamin Strong of the Federal Reserve Bank of New York. All the world knows when he speeds to Europe. All the world watches for his meeting with the Grand Viziers of international finance:

Montagu Collet Norman, witty Governor of the Bank of England;

Hjalmar Schacht, stern President of the German Reichsbank;

Emile Moreau or Charles Rist of the Banque de France.

In Washington, a man named Roy A. Young presides day by day over the...

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