wish we could get from the bankers themselves an admission that in the 1927 to 1929 period there were grave abuses and that the bankers themselves now support wholeheartedly methods to prevent recurrence thereof. Can’t bankers see their own advantage in such a course?”24 It would be the tragedy of the House of Morgan that it couldn’t see the advantage in such a course. The public demanded a mea culpa for 1929, which the bankers wouldn’t provide.
