Word: bonde
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Dates: during 1940-1949
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...Pennsylvania Railroad Co.'s tart-tongued president, Martin Withington Clement, was once asked by the Interstate Commerce Commission why he let Manhattan's Kuhn, Loeb & Co. underwrite a Pennsy bond issue. Snapped he: "I deal with whom I please...
Last week, the ICC drastically curbed the right of Pennsylvania's Clement -and all other U.S. railroaders - to deal where they pleased. In a historic, 26,000-word report that wound up a 20-year-old fight, the ICC ordered: after June 30, railroad bond issues above $1,000,000 must be sold through competitive bidding...
...From a bond salesman's job with Wall Street's potent Dillon, Read & Co., he rose to head of the bond department, became President Clarence Dillon's righthand man, in 1937 took over the presidency. Eleven years earlier he had married socialite Mrs. Josephine Ogden, then on the fashion staff of Vogue. They have two sons, Michael, 15, and Peter...
Inside View. In Ontario's Kingston penitentiary, a "lifer" known only as Sally announced that she would buy her fourth war bond. Said she: "In here a person gets sort of a frustrated feeling. . . . I want to see the war won just as much and as quickly...
...Last week one eloquent obituary estimated that if all his sales were strung end to end they would "make a strip 100 ft. wide from the Atlantic to the Pacific." He was also a fanatically successful booster of New York and of the U.S., was famed for his war-bond sales and social services. Stuck in London when War I broke out, he was the man who got 60,000 stranded Americans home from Europe, and started Herbert Hoover along a similar humanitarian road by putting him in charge of lost luggage...