Word: alvah
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Next man on the Treasury list is Melvin Alvah ("Mel") Traylor, president of First National Bank of Chicago. Banker Traylor's appointment would be satisfying to Kentucky where he was born in a log-cabin 54 years ago, to Texas where he got his start as a grocery clerk and smalltown banker and to Illinois where he reached, with dignity and without greed, the front rank of his vocation. A precedent in his favor: Lyman Judson Gage stepped out of the presidency of the First National to become McKinley's Secretary of the Treasury...
...joke about my being a bouncer. There's nothing to bounce around here except pieces of meat. I'm manager here. . . . Can't tell you my salary but it's a lot more than $15 weekly. Why that wouldn't buy cigars." Democrat Melvin Alvah Traylor, crinkle-eyed president of Chicago's First National Bank, sometimes mentioned for the Treasury portfolio if Franklin D. Roosevelt is elected, by mistake received an invitation to lunch and hear Secretary of the Treasury Mills orate for President Hoover. Asked to return the invitation, Banker Traylor smiled, declined...
...memorable June night last year Chicago's biggest bankers worked and haggled until commuters were tumbling out of bed to catch early trains (TIME, June 15, 1931). Their work averted a Chicago catastrophe. Shaky Foreman-State National Bank was absorbed by Melvin Alvah Traylor's First National, and National Bank of the Republic by General Charles Gates Dawes's Central Trust...
...Melvin Alvah Traylor (First National Bank of Chicago...
...Saturday withdrawing had subsided. Like all large and sound banking institutions, Chicago's had made plain that the money was there and could be had for the asking. In First National, ruddy, crinkly-faced President Melvin Alvah Traylor made two speeches before crowds of clients, one speech in the savings department, another in the checking department. He explained that his bank had passed through the Chicago Fire (1871) and weathered it; had gone through other Depressions and weathered them; would pass through this Depression. Money was on hand for each & every depositor who wanted his share. The crowds dispersed...