Word: bankes
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Dates: during 1930-1939
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...There is only one commercial bank, left by the Danes, and its charter has expired...
...statistics to show the great rise in the value of farm products. . . . But the simplest way for each of you to judge recovery lies in the plain facts of your own individual situation. Are you better off than you were last year? Are your debts less burdensome? Is your bank account more secure? Are your working conditions better? Is your faith in your own individual future more firmly grounded? . . . Plausible self-seekers and theoretical die-hards will tell you of the loss of individual liberty. Have you lost any of your rights or liberty or constitutional freedom of action...
...occasion was a homecoming, but Mr. Crowley lost no time in giving the bankers of his native State a piece of his mind about their business. As chairman of the State Banking Review Board and onetime president of the Bank of Wisconsin (absorbed by Wisconsin Bankshares Corp.), he knew Wisconsin banks at first hand, had long championed legislation to bolster the weaker ones. When he rose to speak, the president of the State Banking Association had just finished damning RFC's practice of buying bank stock as "positively pernicious...
...Governor of Hudson's Bay Co. is tall dour Major Patrick Ashley Cooper, London financier who won his spurs in South American utilities. Educated at Cambridge, a veteran of the Royal Field Artillery, he is a director of the Bank of England. Bold, progressive, energetic, he was last week on his way to visit Hudson's Bay Company's arctic posts, the first Governor ever to do so in the company's history...
Meanwhile, Chairman Jesse Jones announced a set of regulations to govern RFC loans to industry under the new law, which authorizes total RFC loans of $300,000,000, Federal Reserve Bank loans of $280,000,000. The law stipulates that adequate security must be put up, that no loans may be made to a company if it can borrow from commercial banks. Chair-man Jones's regulations were even more stringent: 1) Loans will be made primarily to supply working capital as opposed to fixed capital, but may not be used for large scale expansion or to finance exports...