Word: bankes
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Dates: during 1930-1939
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Since studious, balding Clare Bunch, 36, took over St. Louis' Monocoupe Corp. four years ago and found only $20 in the bank account, he has made things hum at that tidy little airplane factory. Oil-stained apostle of hard work, he slept in the plant, did all his own test-flying, worked with the factory hands when he was not busy at the drawing board improving the basic Monocoupe, a two-seated monoplane ($3,875), or designing a bigger two-engined job. Last week, with the bank account considerably more than $20, Clare Bunch lifted his nose from...
...into the stock market in a small way. In the summer of 1929 Drexel invited the Birds to a summer camp with no telephone. While they were there, Drexel told Bird's secretary that her employer wanted her to arrange a $10,000 loan from the bank. She used her power of attorney to obtain it and Drexel bought $100,000 worth of stock on margin in Bird's name. Before Bird could extricate himself, the crash had come and he was short $239,000. He borrowed that amount from a friend...
...terror, like poison ivy, breaks out in strange places. Late that night, motorists and pedestrians going sleepily home over Hammersmith Bridge, the farthest up-Thames within London, were rocked by a sudden Boom! Suspension chains snapped, a support-girder sagged, windows 100 yards away on the north bank crashed to the street. Bam! In mid-bridge another blast shook the 52-year-old structure from tower to tower. The whole span drooped a foot below its usual level...
Private patrons put up a little money at first, but Photographer Abbott landed with the Federal Art Project in 1935. A direct girl who still talks harsh Ohio, still wears a Left Bank haircut and beret, she confesses to being scared of heights and crowds until she gets her head under the black cloth. Her dizziest shots are nevertheless sharp, hard and sense-making, though her best are meditative portraits of comely, plain old buildings, dingy shop fronts, chapfallen façades selected from the vast 19th-Century underbrush among Manhattan's skyscrapers...
Last year in Manhattan a little old man of 77 gave an interview: "The best bank in the world, if you put the right things in it, is the bank of memories...