Word: bankes
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Dates: during 1930-1939
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...start in the cattle pens. As a Texas banker he had to be an expert on livestock loans. He learned the subject so thoroughly that his reputation spread to St. Louis and on to Chicago, whither he went in 1914 as vice president of the Live Stock Exchange National Bank. During the War the late James B. Forgan, chairman of First National, was asked by the Federal Reserve to help select a man for the Treasury certificate drive in Chicago. He called for a list of Chicago bank presidents. "There's your man," he said, his pencil stopping...
...through an affiliate) connected its 29,000-mi. Midwest system with the Texas Panhandle. That year (1931) it earned $22,331,000. The next year it formed a joint company with the Rockefellers to develop gas fields in north central Pennsylvania and western New York. But Columbia Gas had bank loans of $43,500,000, mostly the result of its expansion. The demand for natural gas had already fallen off when Columbia's President Philip Green Gossler set out to pay his debts...
...cash dividends, pay in stock instead. Then he collected $8,915,000 in cash owed by an Ohio subsidiary, added $4,000,000 from the sale of an interest in the Seaboard Division to the Standard Oil of New Jersey, and $11,000,000 from earnings. By December 1932 bank loans had been cut $24,000,000. That year the company earned $17,204,000. Between January and June 1933 he paid off another $9,500,000 out of earnings. Last month two more subsidiaries each paid obligations of $6,000,000 to the parent company by the private sale...
...50th of his pastorate. The Passion Play, in six scenes and ten tableaux, departs from tradition in letting Christus talk. Attracting smaller audiences than its rival 20 blocks away, it presents a good Judas, a Caiphas who has played the part 18 years, a noteworthy Christus (Arthur Frech, bank teller). During Christus' soliloquy at Gethsemane a tinsel angel hangs over Him. The Crucifixion, lit with lightning flashes, is effective with Christus attached to the Cross as if by nails for a good five minutes...
...been given a trial, says it has been warped from the start by the Supreme Court into a shield for special privilege. He starts an elusive hare when he points out that banksters are no new phenomenon. In 1819 the combined "borrowings" of directors and employes of the City Bank of Baltimore exceeded the entire capital of the bank by $100,000. John Jacob Astor used $5,000,000 of Government money for 20 years, paid no interest. When the Union Bank of Florida failed (1837) it had $76 in foreign banknotes to cover more than $100,000 in deposits...