Word: bankes
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Dates: during 1930-1939
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...figure that the loss incurred annually by TIME from such cancellations cannot be heavy, but all the same I am quite sure that you prefer $5 . . in your bank balance, rather than in that of your ex-subscriber. So here is what I suggest...
With its sumptuous trimmings, its kerosene lights and its antiquated heating, the apartment into which a Frenchman moves when the State appoints him Governor of the privately-owned Bank of France looks and smells like a miser's snuggery. Last week the Bank of France's fusty servants, aging pensioners of the world's second largest gold hoard, gloomed darkly over their frugal supper. Their beloved master since 1930, M. Clement Moret, the National Tightwad and, as such, a national hero, had just been kicked upstairs from Governor of the Bank of France to Honorary Governor...
...Premier Flandin who kicked Governor Moret upstairs. The majority of the stockholders of the Bank of France, more than half of whom own only one or two shares, have almost no authority, almost no function except to receive dividends. They receive a yearly dividend of some 300 francs on their 1,000 franc par shares which sell on the Bourse for some 10,000 francs. To the heirs of Frenchmen who bought a share at par and tucked it away in the family stocking when Napoleon I founded the Bank of France, the return on investment is thus...
...manages the greater part of French savings banks funds, La C. A. d'A. is a revolving fund for amortization of the national debt, and both are great stabilizing forces behind the price of rentes (Government bonds). At the art and science of such sanctified price rigging no practitioner is more dextrous than new Governor Tannery of the Bank of France. He is just the Governor for an ambitious young Premier who lunched with President Roosevelt last summer and came away favorably impressed...
...first day's speakers include Dr. Oliver M. W. Sprague '94, Edmund Cogs well Converse Professor of Banking and Finance, who will speak on "Can the United States Withdraw from the International Scene?" Dr. Sprague was formerly Economic Adviser to the Bank of England and was recently associated with the United States Treasury Department...