Word: bankes
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Dates: during 1930-1939
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...local political interests. The Police Coordination Bill, as its title suggests, would centralize the local forces under a single head who would be authorized to move them in emergencies to places where they are needed. The need for such a centralization has been amply demonstrated by the recent bank robberies which revealed the inability of the local authorities to cope with major crimes. Everyone agrees that centralization in needed but the petty politicians, ever fearful of losing their stranglehold on police forces, say that the proposal is too "radical," and would jeopardize the independence of the local authorities. This objection...
...story begins in 1869, and carries through three generations of the Jacox family, down to the days of Roosevelt, the bank holiday, and the NRA. California changes, and the Jacox family with it. The valley of the Sacramento River, in 1869 a region of deserted mines and straggling, undeveloped farms, and now one of the most prosperous and productive spots in the country, is the background; in the foreground are the farmers, the business men, the politicians, the farm laborers and factory workers, who made and were made by the development of the state. Beneath it all there is this...
Facts & figures on the nation's business made exciting reading last week. Because for the corresponding week a year ago the bank moratorium was about to engulf the U. S. and most trade teetered close to a standstill, the weekly indices showed enormous gains. But even discounting that factor, anyone with half an eye could see that the usual spring rise was accelerating at more than a seasonal pace. Car loadings were 26.6% above last year, 5.4% above the week before and, for the first time, topped the corresponding week of 1932. Electric power output was 16.5% above...
Meantime Alemite Corp. had produced another person who was equally determined to set aright the parent company's affairs. Alemite's head since 1925 has been Joseph Edward Otis Jr., son of the chairman of Charles Gates Dawes's old Chicago bank. A baldish, pleasant man of 41 who graduated from Yale in 1916 and spent a few years with Union Carbide, he lives on Chicago's Gold Coast, likes to hunt and fish in Florida. Able Mr. Otis' problem was to get outside representation on Stewart-Warner's board which, with the exception...
...Huston's peaches. By the time he decided to abandon the project, he needed cash to pay his debts. Tom Huston went to his bankers, First National of Atlanta. They demanded as collateral his controlling stock interest in the prosperous peanut company. When the note fell due, the bank's affiliate, Trust Co. of Georgia, refused to renew, and control of the peanut company passed into its hands. One of the first things Trust Co. of Georgia did was to oust President Tom Huston...