Word: banke
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Dates: during 1940-1949
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Corn in the Cage. In the fact-&-figure heavy Journal of Commerce, Shafer's column sticks out like a shock of corn in a bank teller's cage. Its author, brother of Congressman Paul Shafer (R., Mich.), has worked on newspapers from San Francisco to Paris, but would rather live in his home town, Three Rivers, Mich. (pop. 6,710). Most of Chet's columns are as casual as any street-corner conversation: they concern a funeral, a backyard spat, an old gaffer's boyhood reminiscence, or plain cigar-store gossip. Sometimes he reports technological progress...
Sproul had been tempted before: a California bank once offered him a $50,000-a-year presidency; President Roosevelt wanted him as director of Selective Service. Each time, crowds of students had staged rallies, shouting "Stick with...
Into the Big Time. By 1824, the upS coming Roosevelts were able to help found the Chemical Bank (now the giant Chemical Bank & Trust Co., with which Roosevelts are stillassociated). As a big-time house, Roosevelt & Son helped finance Cyrus Field's first transatlantic cable, floated James J. Hill's first railroad bonds, did battle with Robber Baron Jay Gould...
Like a bride left waiting at church, the World Bank was still looking for a president. Worried over its loss of prestige, the Bank last week desperately ogled another candidate: John Jay McCloy, 51, high-priced Manhattan lawyer who had been an efficient Assistant Secretary of War under Henry L. Stimson...
McCloy liked the president's title and the $30,000-a-year tax-free salary; he was on the point of saying "I do." But, like other eligible candidates before him, he got nervous when he saw the bride's family. The Bank's twelve full-time executive directors wear the Bank's pants-like twelve mothers-in-law. The president (under the Bretton Woods regulations) does little more than take orders. If he wants to do anything on his own, he must dutifully explain all about it to the directors. Many people thought the president...