Word: bankes
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Dates: during 1920-1929
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About 200,000 union miners left their jobs, most of them with money in the bank, some prepared to raise chickens and vegetables, others ready to work in factories. Manufacturers and railroadmen, who are the largest consumers of bituminous coal, refused to be alarmed. Ninety million tons are above ground, in storage, in freight cars-and, then too, the non-union mines in West Virginia, Kentucky and Tennessee produce 65% of the nation's soft coal needs...
...Western State Bank of Cicero, Ill., announced last week the installation of a safety chute, wherein gamblers, thugs, bootleggers, honest merchants may drop deposits at any hour of the day or night...
...last week entered a third field of finance. For several years now they have operated successfully as commercial bankers. Last February they organized American Home Builders Inc., to finance house construction at low rates. (Here they compete with savings & loan societies.) Last week's creation was the Continental Bank, at Cleveland, to lend money to workers upon personal securities. Although Continental Bank and similar personal loan banks to be set up over the country with railway brotherhood financing will to some extent compete with the various Morris Plan Banks,* their chief aim is to undermine loan sharks and salary...
Three months ago he bought the building at Seventh Avenue and 33rd Street, Manhattan, in which the Brotherhood of Locomotive Engineers Co-operative Trust Co. occupied ground floor space. They vacated, leaving to Mr. Loft fine banking fixtures worth $150,000. When salvaging junkmen offered him only $25,000 for all the equipment, he decided that for such an amount he might well play as a neighborhood banker himself. His bank, created last week, has capital of $750,000, surplus of $250,000; is named Emerald National Bank & Trust...
...there when their peers-in the north, south and west-were traveling away as they still do from their home state universities, to Princeton, Yale, Columbia, Harvard, Virginia produced, as it still does, professional men almost exclusively-lawyers, doctors, architects, journalists. Few scions df the aristocracy-that-was became bank clerks, bondsellers, storekeepers. And if they were going to stay on the land, as gentlemen farmers, they did not go to college, unless it was to make friends and carouse. Martial, unruly or younger sons went to Virginia Military Institute. A few technically inclined ones went to Virginia Polytechnic...