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...have left behind the traveling chautauquas which once dotted the land with their tents, brought bell-ringers, acrobats and inspirational lecturers to brighten small-town summers. But Chautauqua Institution, though popularly confused with its peripatetic namesakes, has never had any connection with them. Last week its President Arthur Eugene Bestor was sure that Depression alone is responsible for its plight...

Author: /time Magazine | Title: Education: Depressed Culture | 1/1/1934 | See Source »

...succeed Farm Loan Commissioner Paul Bestor who was also dropped from the R. F. C. by the new law, the President named Charles Addison Miller, upState New York Republican. Mr. Miller, also a lawyer, is president of Savings Bank of Utica. He writes detective stories to amuse himself. He took Charles Gates Dawes's place as R. F. C. president...

Author: /time Magazine | Title: BOARDS & BUREAUS: New Reconstructors | 8/8/1932 | See Source »

...destroyed but there would be grave danger of volunteer groups concluding that [their] services were no longer necessary." ¶Vetoed by the President: a $2,100,000,000 unemployment relief bill (see col. 2). ¶President Hoover recommended, in an unexpected message to Congress, that Eugene Meyer and Paul Bestor, Farm Loan Commissioner, be removed as ex-officio directors of the R. F. C. because their added duties have become too burdensome. He also recommended that the board be increased to eight with no more than four directors belonging to one party. ¶Signed by the President...

Author: /time Magazine | Title: THE PRESIDENCY: The Hoover Week: Jul. 18, 1932 | 7/18/1932 | See Source »

...first step toward organizing R. F. C. when he began to name its seven directors, four of whom must be Republicans, three Democrats. By law the Secretary or Undersecretary of the Treasury, the Governor of the Federal Re serve Board (Eugene Meyer) and the Farm Loan Commissioner (Paul Bestor) are R. F. C. directors, accounting for three of the four Republican places. About the White House last week it was generally assumed that two of the Democratic directors of R. F. C. would be Bernard Mannes Baruch, New York financier and onetime chairman of the War Industries Board, and Edward...

Author: /time Magazine | Title: National Affairs: R. F. C. | 1/25/1932 | See Source »

...rural borrowers on Nov. 30. About 23½% of these debtors, owing $275,450,000, were delinquent in their payments?11½% over 90 days, 12% under 90 days. Last year delinquencies ran about 10%. That about three out of four farmers had kept up their Farm Loan payments Commissioner Bestor thought was "an excellent showing under the circumstances." To rebut the notion that the Farm Loan Board was a harsh moneylender, he declared that only 3,848 loans ?less than 6% of the delinquencies?had been foreclosed this year. Said he: "There are some individual farmers who owe everybody...

Author: /time Magazine | Title: THE CONGRESS: Relief after Recess | 1/4/1932 | See Source »

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