Word: bankes
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Dates: during 1920-1929
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Indianapolis' Postmaster. When the Klan squatted upon Indiana like a roc in a dust bank, one of the things its leaders promised would hatch out was a new postmaster for Indianapolis. So, when the term of Postmaster Robert H. Bryson of Indianapolis expired two years ago and President Coolidge reappointed him, Representative Ralph E. Updike of Indianapolis went before the Senate Committee on Post Offices and objected. Senator Robinson of Indiana also helped obstruct Mr. Bryson's reappointment. Finally, last week, with Indiana's chief klansman behind bars for murder and the whole state in revolt...
...Bank Backing. A suave, plump, oval-faced statesman, eyes keen, beard a scrubby Vandyke, was hailed as the real creator of the new gold lira. He is Count Guiseppe Volpi di Misurata. Citizens of the U. S. remember the business-like fashion in which he negotiated the funding of Italy's War debt to the U. S. (TIME, Nov. 23, 1925). Last week he revealed the vast credits which he has built up abroad to enable Italy to defend her new currency against fluctuation on international exchange. Said he: "The Bank of Italy wishes to secure the collaboration of international...
...decided that two credits would be opened on which the Bank of Italy can draw. The first amounting to $75,000,000, was granted on a gold basis by the central banks of 14 countries, among which are America and Japan, headed by the Federal Reserve System of the United States and the Bank of England. The second, amounting to $50,000,000, was granted by the Anglo-American bankers headed by the Morgan bank and with the participation of such banks as the Hambro, Rothschild, Baring et cetera, and five great English banks...
...details of these transactions will be published later, but probably the Bank of Italy need never avail itself of these credits, just as the Bank of England has never touched the credits placed at its disposal in American banks when Britain returned to a gold basis...
...Detroit Banks. Directors of the American State Bank of Detroit last week approved a proposal to merge with the Griswold First State Bank of Detroit...