Word: bankes
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Dates: during 1930-1939
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...Bank for International Settlements in Basle, Switzerland has lost most of its large customers. Nations have about quit settling with one another, financially. But the bank does a lot of observing and thinking, and last week the most newsworthy observation of its annual report was a carefully documented conclusion that government spending cannot cure Depression. The bank's president, Johan Willem Beyen of The Netherlands, used the U. S. as a prime example of that policy's failure. Main thesis of the report, however, was not so much that U. S. spending since 1933 had been misguided ("natural...
...abortive uprising was carried out with foreign help," charged President Vargas. Naming no names, it was evident what he meant when police arrested five employes of a German bank in the capital, two of whom were German citizens, and charged that German-made arms had been used by the plotters. Germany's activities in Brazil have been under President Vargas' attention for some time. Recently he infuriated the Nazis by nationalizing some 1,100 schools in Brazil which were teaching German and operating under German laws and rules...
...high bank of the Hudson River near the braced, tremendous span of the George Washington Bridge, the City of New York owns 56 acres of rock ledge and greenery called Fort Tryon Park. There last week the mayor, the park commissioner, the president of the Metropolitan Museum of Art and the world's greatest philanthropist dedicated a magnificent museum of medieval art. Named "The Cloisters," this finely-proportioned granite building with red tiled roofs lacks nothing but a chapter of Benedictines to be one of the most beautiful monasteries in the world...
...surplus remaining in a House committee bank account at the end of the year must be turned over to the University, in accordance with a new ruling which will take effect this June, it was reliably reported last night...
...argument. The job fell to genial Jesse Jones, whose practical handling of RFC has made him more palatable to Big Business than are most of his Government compeers. Banker Jones rose at an afternoon session just after President Edward E. Brown of Chicago's First National Bank had remarked that Government regulations hamper the free flow of credit. Said Jesse Jones: "There is a widespread feeling that credit is not readily available at banks on the character of security that many businesses have to offer, security that, in the opinion of the borrower, would furnish full protection...