Word: bankes
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Dates: during 1930-1939
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Then, if U. S. citizens had not known it before, they had notice that the U. S. banking system was going to be made over, that the U. S. was to have a Government-operated central bank...
When Mr. Morgenthau admitted that he favored the ultimate step, Government ownership, the New Deal's aim was well on the way to achievement: Carter Glass, still resolutely holding Senate subcommittee hearings on the Banking Act of 1935, appeared to be only postponing the accomplishment of the New Deal's will. Said he ironically: "If the President and the Secretary of the Treasury and the Governor of the Federal Reserve Board want a Government-owned central bank, notwithstanding the consistent opposition of the Democratic Party since the time...
...Central Bank. Never in its history has the U. S. had a central bank in the modern sense.* Prior to 1913 the U. S. did not even have a formal banking system; it merely had banks (some of which were called national banks because they had the privilege of issuing bank notes and were Federally inspected, but which remained independent banks...
Seven crews, Columbia, Cornell, Syracuse, Pennsylvania, Navy, Washington and California, will face the starter a gun above Krum Elbow. A few days the race they will be assigned to their lanes, beginning with the treasured the first from the bank. But good crews in the outside lane have been known...
...mere matter of making the companies toe the strict line of New York State's insurance laws-as Superintendent George Slingerland Van Schaick (pronounced Skoik) found out. For also under his supervision were the big mortgage companies that cracked up after the 1933 Bank Moratorium with scandalous reverberations (TIME, Aug. 14, 1933). Having reorganized nearly one-fourth of the $800,000,000 guaranteed mortgages which his department had to take over. Superintendent Van Schaick retired to his law practice in Rochester, N. Y., which he left unwillingly in 1931 at Governor Roosevelt's request...