Word: bank
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Dates: during 1950-1959
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...train-load of alumni will follow the shells in each race in moving grandstands along the bank of the river...
...universities eager to be baffled, and the leagues of women armed with print to defend this or that 'ism.' " "There is room in America," adds Philosopher T. V. Smith, "for all kinds of intelligence and for rewards befitting each kind. But those who sit on the Left Bank and howl at the Right neither facilitate the flow of the river nor adorn their own bank as the river flows by. Here, as elsewhere, it is only those who know not what to trust that trust they know not what...
...which greeted the traveling "Sport in Art" show in Dallas (TIME, March 12),-he had just run into another rebuff at the hands of Texas patriots: cancellation of a $124,755 commission for three huge sculptured aluminum panels designed for the exterior of Houston's new $16 million Bank of the Southwest. The bank's explanation: the sculpture was "too modern," and somehow seemed inappropriate after the Bank of the Southwest changed its name from the Second National Bank of Houston...
...longtime (1932-45) head of Reconstruction Finance Corp., wartime (1940-45) U.S. Secretary of Commerce; in Houston. As overlord of RFC and a dozen other New Deal agencies in the Depression '30s, massive (6 ft. 3 in., 200 Ibs.), granite-faced Jesse Jones saved many a bank, railroad and factory from disaster, made money for the Government by insisting, with a small-town banker's care, on rock-sound collateral before certifying a federal loan. Jones was dropped by Franklin D. Roosevelt as Commerce head in 1945 to make way for Henry Wallace. (He later called Wallace...
...Reserve Board took another sounding of the U.S. economy last week and gently started loosening its credit reins. In the biggest buying since March, FRB went quietly into the open market, added $196 million to its holdings of Treasury bills (maturing in 90 to 92 days), thus released more bank funds for loans to busi ness. As one result, the highly sensitive Treasury bill interest rate dropped from...