Word: bankes
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Dates: during 1930-1939
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...President intimated his desires to leaders in Congress on two other matters that indicated notable changes in Administration policy: 1) He declared himself in favor of continuance for another year of the present temporary bank deposit guarantee scheme. This scheme, which guarantees deposits only to $2,500 each, and imposes only a limited liability for losses on banks subscribing to the guarantee was originally accepted by the Administration only as a stop gap, to be succeeded July 1, by permanent deposit insurance at a cost of no man knew what. 2) He wrote letters to the Senate and House Committees...
...whether fraud had been practiced in getting him to grant a receivership to Insull's great Middle West Utilities Co. Bankers described the uneasy last days of secret meetings and suspicions before the April 1932 crash of Insull's jerry-built Jericho. Said the First National Bank's executive vice president, slow-spoken, huge-shouldered Edward Eagle Brown: "We didn't discuss all this in Mr. Insull's presence. He was the most dominating man I ever knew. You wouldn't discuss such things in his presence-not if you knew Mr. Insull...
Investigator Saudek examined the writing of 234 pairs of identical twins, found that 5% wrote the same hand. Other pairs wrote enough alike to deceive a bank teller completely, to make experts hesitate. This degree of resemblance he also found in the handwriting of two young girls, no kin, both taught to write in the school of Edinburgh's Royal Hospital for the Deaf...
...Traylor could never remember when he was first put to work. At six he was drying dishes in the family home on a Kentucky farm-two log cabins set end-to-end with space between for wash-tubs. At 51 he was in Switzerland helping to organize the Bank for International Settlements. At 18 he was teaching school for $150 a year, working as a grocer's clerk, joining a fire company to get a free bed. At 53 he was making nearly $100,000 a year and had been groomed for the Presidency. At 27 he was manager...
Convicted. Alvanley Johnston. Grand Chief Engineer of the Brotherhood of Locomotive Engineers, for mishandling banking funds; in Cleveland, B. L. E. headquarters. Charges had to do with a Brotherhood debt which Cleveland's Standard Trust Bank, partly owned and managed by the Brotherhood, undertook to pay in violation of the law. The court reserved sentence...