Word: bankes
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Dates: during 1930-1939
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...typically American theme of the novel, concerns itself with the life of a shrewd and ruthless horse-trader. His dealings with the people in the small town in which he lives are cold-hearted and unethical. But a young man who is employed as a teller in his bank learns of his concealed sympathy for the poor, and realizes that underneath a hard crust he really has a soft heart. Because of his poor financial standing, the boy hesitates to propose marriage to a wealthy girl with whom he is deeply in love. Upon the advice of the horse trader...
...hard to get today for large industrial units because of the restrictions of the unworkable Securities Law. There will be no relief from the stalemate on large financing until the Securities Act is revised, but the small business man is not as a rule a participant in investment banking. He goes to his local bank for credit...
...prime fodder for the dusky sweepers of Boston's subways, had cooled, the Daily Record triumphantly announced that the next in its series of true confessions would be the glamorous love story of Norma Brighton Millen. Not satisfied with the chance of exploiting the comely bride of the Needham bank-robber in a legitimate fashion, the Record sought its more devious and revealing method...
Forty-eight hours after Albert H. Wiggin admitted to the Senate Banking & Currency Committee last autumn that he was receiving $100,000 per year "retirement pay" from Chase National Bank, President Roosevelt announced he had begun studying legislation to control high salaries by taxation. He had already approved Federal Rail Coordinator Eastman's "suggestion" that railroad presidents fix their income at $60,000 or less. Then, on orders from the Senate, the Federal Trade Commission sent a questionnaire to some 2,000 corporations whose stock is listed on the New York Stock and Curb Exchanges. Resultant information: executive salaries...
...days later the Federal Reserve Board furnished the Senate a list of salaries paid by banks for the year ending June 1933. Highest was to Henry C. McEldowney of Pittsburgh's Union Trust Co.-$165,000. The next nine were all to executives of Manhattan banks: Winthrop W. Aldrich of Chase National, $151,744; Charles S. McCain of Chase (since resigned), $128,488; Percy Hampton Johnston of Chemical Bank & Trust, $125,000; Harvey Dow Gibson of Manufacturers Trust, $125,000; Gordon S. Rentschler of National City. $125,000; the late Charles Hamilton Sabin of Guaranty Trust, $101,919; President...