Word: bankes
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Dates: during 1930-1939
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Fourth-generation descendant of Mayer Amschel, founder of the Rothschild fortune, Louis was the only one of six children of the Vienna branch of the clan to be an active director of the family business, the Creditanstalt, State bank of the Habsburgs, of which he became president in 1911. The Rothschild bank survived the Austro-Hungarian collapse in 1918, remained Central Europe's biggest financial house. In 1929, with a typical Rothschild gesture, Baron Louis rushed to Vienna from a hunting expedition, took over the insolvent Bodencreditanstalt, great Austrian bank, the failure of which threatened the nation...
Last year, Baron Louis, not so nimble as Brothers Alphonse and Eugene, was caught by the Nazi invasion of Austria. His captors insisted that the Rothschild relatives ransom him by making good more of the bank's losses. Original demand was rumored to be $10,000,000, but Rothschilds are hard bargainers, and the Nazis are lucky if they got half that...
...foreign exchange as the yen is not, has the support of British financiers, remains the dominant money of China. For 14 months the Japanese have tried to supplant it with Federal Reserve notes in North China, military notes in Central and South China, and have recently announced a new bank of issue, the China Commercial Promotion Bank, whose notes are to circulate in the financial citadel of Shanghai itself...
Last week in Canton took place a currency operation that coolies understood and relished. Creeping past Japanese sentries on a quiet Sunday, 100 guerrillas raided the Japanese-owned Bank of Taiwan, bayoneted three guards, smashed open the safes, grabbed $260,000 in notes, $90,000 in silver coins, escaped with a 20-minute lead. Baffled Japanese clamped martial law on the city that night, lifted it again before daybreak...
Through a pea-soup fog the fishing schooner Isabelle Parker, out of Boston, footed it north one night last week toward Brown's Bank, off the Nova Scotia coast. To Seaman Fred Bourque, on the bow watch, the fog seemed to thicken as dawn came. Suddenly, 20 feet dead ahead, a great silhouette showed. Fred Bourque shouted a warning to Billy Oilman at the wheel, ran aft. In less time than it takes to gut a cod the Isabelle Parker had piled halfway through the Gloucesterman Edith C. Rose, southbound with her hold stuffed with catch from Brown...