Word: bank
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Dates: during 1950-1959
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...Passed (78-0) a $3.6 billion Agricultural Department appropriation, which restored the $500 million soil-bank program slashed out by the House at the height of its economy mood. The bill goes to a Senate-House conference where the Senate version is expected to prevail...
...Tennessee Senator Albert Gore's public-roads subcommittee began to check over a growing woodpile of corruption in Indiana's road-building program. The story, as Gore developed it in Washington hearings last week: Carpenters' Treasurer Frank Chapman, 52, borrowed $20,000 from an Indianapolis bank on his own and Hutcheson's signatures, bought up nine pieces of Indiana right-of-way land for $22,500, sold it all within 30 days to the state for $101,000. Furthermore, Brotherhood Vice President O. William Blaier, 69, bought 33 acres of land for $16,500, sold...
BUMPER WHEAT CROP is due despite retirement of more than 12 million acres into soil bank, may total only 3% less than 1956, thus piling up bigger surpluses. Farmers retired poor land, are producing more on good land, while drought-breaking rains have already pushed winter wheat harvest 27% above ten-year average of 18.6 bushels per acre...
Life Strength. Bearing a Greek first name ("life strength"), Behn came out of the Virgin Islands, son of a Danish father and French mother, began in 1898 as a $3-a-week bank clerk in New York. With his brother Hernand he ran a small sugar brokerage house in Puerto Rico, in 1914 launched his real career by buying a tiny telephone company. When Sosthenes returned from World War I as a U.S. lieutenant colonel (with a Distinguished Service Medal), the brothers Behn issued 50,000 shares of common stock at $68.50 a share, founded...
...tells of Lemuel Pitkin, who was born in a "humble dwelling much the worse for wear . . . owing to the straitened circumstances of the little family." Like Candide. Lemuel lives out the advice of a philosopher. His is the creed of Nathan "Shagpoke" Whipple, president of the Rat River National Bank and former President of the U.S. In the course of behaving well, e.g., rescuing girls with rich fathers from bolting horses, Lemuel goes to jail, loses a leg, all his teeth and an eye, is robbed of his savings, and is finally martyred by an assassin. On Pitkin...