Word: banke
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Dates: during 1940-1949
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...civilian Harry Truman wanted for the job was playing hard to get. But Washington expected any day to hear that able John J. McCloy had quit his $30,000,-a-year, tax-free post as president of the World Bank to become U.S. High Commissioner for Germany. General Clay would leave this week, whether or not the appointment was certain. He was anxious to get down to Georgia for some catfish-ing and the comforts of retirement...
Life in the big, three-story phalanstery was rigorous and simple, but intellectually stimulating. Children received "progressive" education. Women were accorded the same rights and wages as men, wore bloomers (which shocked citizens of nearby Red Bank) and did honorable work in the fields. Members gathered almost nightly for plays, lectures, concerts and literary discussion. Religious tolerance and the 30-hour week were integral parts of the communal life...
...story building in downtown Manhattan that houses its main offices and the conference rooms in which much of its important business is transacted. Yet for 48 years, the important business of the annual stockholders' meeting has been transacted across the Hudson River in Hoboken, N.J., in a small bank building.* Last week at Big Steel's annual meeting, only 350 stockholders (out of a total of 228,000) bothered to come. But not even all of them could find a place to sit; for three sweltering hours 50 of them had to stand in a cramped, stuffy room...
...Alexander C. Nagle, president of Manhattan's First National Bank; George A. Sloan, publisher of the Southern Agriculturist; William A. Irvin, ex-president of U.S. Steel; Counsel Nathan L. Miller, onetime governor of New York; Chairman Olds; President Fairless...
...moderate recession," the Federal Government thought it time to ease more anti-inflation controls. The Department of Commerce lifted export controls from 500 items, including many foods and appliances which had become surplus. The Federal Reserve Board, for the fourth time in three months, eased credit restrictions. It reduced bank reserve requirements 1% and 2%, depending on the size of the bank-thus freeing about $1.2 billion extra cash for lending. But FRB's move was not likely to boost the volume of loans: businessmen had carefully cut their borrowing by $1.5 billion in the last 14 weeks...