Word: bankes
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Dates: during 1930-1939
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...there was nothing preposterous about all thisidnapped Premier & Generalissimo's extremely businesslike and beauteous Wellesley-graduate wife, Mme Chiang Kai-shek (Soong Mei-ling), left Nanking courageously by plane for the kidnappers' lair at Sian in Central China. With her flew her brother, T. V. Soong, Chairman of the Bank of China, and that enigmatic Australian "adviser," William H. Donald, who has been attached at various times for a number of years to both Kidnapper Chang and Kidnappee Chiang. They alighted amid fog and semidarkness at Sian. Rabble soldiery on the airfield held hundreds of flaming torches. These were...
Prime reason for sterilizing new gold supplies is to put an end to the steady rise in excess bank reserves. Last summer when the figure for excess reserves was around $3,000,000,000, Chairman Eccles boosted reserve requirements 50%, a move which reduced the total to $1,800,000,000. Since then some $500,000,000 worth of gold has flowed into the U. S., a sum which will show up as excess reserves after the year end. Before the winter is over reserve requirements will probably be upped a second time. The sterilization plan was designed to keep...
...name Forgan, new to the firm's stationery, is far from new to Chicagoans. Partner Forgan's father was the late David Robertson Forgan, founder of Chicago's old National City Bank. His uncle was the late great James Berwick Forgan, longtime head of Chicago's First National. One of Partner Forgan's cousins is executive vice president of First National today (James B. Forgan Jr.). Another cousin is an assistant vice president of Manhattan's National City Bank (Robert Forgan). The elder Forgans were Scots from St. Andrews, immigrants...
Following the family tradition, dapper, adroit "Russ" Forgan of Glore, Forgan & Co.-whose career at Princeton (Class of 1922) set a new high for social grace and near-professional virtuosity as leading man of the Triangle Club (musical comedies)-started in at commercial banking. He was a vice president of Chicago's National Bank of the Republic when he shifted to securities by joining Messrs. Field & Glore in 1931. He now heads the Manhattan office, while Partner Glore runs the Chicago office...
Spiciest bit was a memorandum found in the files of George F. Baker, Chairman of Manhattan's First National Bank, which Senator Wheeler read into the rec ord. It related a telephone conversation in March 1935 in which Harold Stanley, then a Morgan partner, told a vice president of the First National that "the Van Sweringens, heretofore having drawn no salaries from the enterprises and for some time having been living on their insurance, are up against it to provide for living expenses. They estimate their joint require ments to be $150,000 a year, the principal items being...