Word: bankes
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Dates: during 1930-1939
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...Agriculture under Secretary Wallace and his colleague AAAdministrator Peek is restive. So are the Interior and Public Works offices under Mr. Ickes, sweating to put Federal billions to work. There are many cross-assignments, touching the Treasury's work. A switch of last week in the Home Loan Bank Board, stepping Vice Chairman John H. Fahey up to replace William Francis ("Steamboat Bill") Stevenson, was significant. Stevenson is a big, loose-jointed South Carolina politician, a defeated Congressman. Fahey is a Massachusetts publisher and businessman. He has been doing most of Stevenson's work?starting...
...carrying a pilot and two passengers into Oakland, Calif. crashed into a suburban cottage, set it afire, burned ten groundlings to death (TIME, April 3). Last week Lieut. George R. Johnson, an aerial photographer whose discoveries in the high Andes of Peru were world famed, took off from Red Bank, N. J. with an observer in a National Guard plane. Something went wrong with the engine. The plane fell out of control, crashed through a two-story house. The fuel tank exploded, flooding the house with flaming gasoline. Five negroes, including two small children, who were sitting around the dining...
Twenty-three years ago a young Norfolk lawyer received a letter from a member of the Virginia Corporation Commission : "I have carefully considered your application for a charter for your hybrid and mongrel banking institution. Frankly, I don't know what it is. It isn't a savings bank; it isn't a state or national bank; it isn't a charity. It isn't anything I ever heard of before. Its principles seem sound, however, and its purposes admirable. But the reason that I am going to grant a charter is because I believe...
...time of the agreement to pay me annual compensation of $100,000 it was believed to be in the best interests of the bank. As that agreement has been criticized, I beg to request that it be terminated. Yours sincerely...
...Chase bank officers, some of whom had borrowed money to buy stock at the top (and found difficulty in repaying it), listened in surprise at the tale of their onetime chief's profits. They listened grimly while he told how one of his family companies had been short 60,000 shares of bank stock at the Crash in October...