Word: boarded
(lookup in dictionary)
(lookup stats)
Dates: during 1920-1929
Sort By: most recent first
(reverse)
...came to the U. S. during the panic of 1893. A few years later he was helping E. H. Harriman reorganize the Union Pacific Railroad. President Roosevelt said of him: 'The soundest economic thinking in this country is now being done by Otto H. Kahn." He sits on the board of directors of the Equitable Trust; Kuhn, Loeb & Co. Mainly he is known for his patronage of the arts?principally the Metropolitan Opera. Last year he endowed the New Playwrights Theatre (Man-hattan). In 1896, he married Addie Wolff, daughter of Abraham Wolff of Manhattan (Kuhn, Loeb 'partner). Roger Kahn...
...Federal Reserve Board in Washington last week established 3½% as the rediscount rate for the Federal Reserve Bank of Chicago, and there was anger in Chicago...
...became law in 1913 and was still in discussion, local bankers wanted the rediscount rates fixed by the proposed regional banks. The late William Jennings Bryan and his Democrats opposed that idea vigorously. The rates, said they, should be established by some central in-stitution?the Federal Reserve Board. The compromise: the boards of directors of each of the 12 Federal Reserve Banks were to submit to the Federal Reserve Board at Washington for approval, a rediscount rate for their particular region. The Board was presumed able only to veto, not to initiate rates. By refusing to approve a rate...
...district banks, however, during the early years of the Federal Reserve Act circumvented the Board by neglecting to offer changed rates of rediscount for Board approval. Then came a ruling requiring each of the banks to submit their rates weekly to the Board for approval. The Board...
That situation the Harding administration tumbled over, with the re-organization of the Federal Reserve Board. President Harding's Comptroller of the Currency, his good friend & neighbor of Marion, Ohio. Daniel Richard Cris-singer, became Governor of the Federal Reserve Board, and the regional banks were required to submit rediscount rates only for approval of changes...