Word: branch
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Dates: during 1930-1939
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...Amschel Rothschild gets a good idea on his death bed. He tells his five sons to found banking houses in the five greatest cities in Europe. Nathan Rothschild (George Arliss), third son of Mayer Amschel, is less disreputable than his father but no less clever. Head of the London branch, he arranges to have his brothers in Frankfort, Vienna, Paris and Naples support the Allies against Napoleon. By the time Napoleon goes to Elba Rothschild and the Duke of Wellington (C. Aubrey Smith) are great friends. When Wellington tells him the Allies propose a loan to rehabilitate France, Rothschild bids...
...outside their part of the house. On the same street, behind the sign of a ship, lived the ancestors of the late great Jacob Schiff whose grandson was last week engaged to a daughter of the great gentile banking house of Baker (see p. 60). The Rothschild invention of branch banking was not made by Amschel on his death bed. It evolved when Nathan, ablest of Mayer's sons, set out for England to seek his fortune, wrote home for more money to buy goods...
Bank of New York had a monopoly on Manhattan banking until the branch of the Bank of the United States was established in 1791. Its first private competitor originated with a bright young man who had just begun to realize the possibilities of a new organization known as Tammany Society. With a fine show of public spirit, Aaron Burr promoted a water system for the city. In the charter for his Manhattan Co. he inserted a clause permitting it to engage in "moneyed transactions." A few of the people's representatives suspected a ruse but Burr talked vaguely...
...Francisco and Bank of America in Manhattan. His successor as Transamerica's chairman, Elisha Walker, soon sold the Manhattan pier to National City Bank. From the depths of his retirement Amadeo Peter Giannini, growing mightily alarmed over the future of his handiwork and his name as No. 1 branch banker of the U. S., emerged in an historic proxy battle to regain control (TIME, Feb. 22, 1932). Last week Transamerica published its annual report for the first full year of Giannini management since the interregnum. Profits were up from...
...Louise wore a form of widow's weeds.) The "Loyola Unit" of the Sisters of Charity were the only U. S. nuns to go overseas during the War. U. S. Sisters have their own candidate for Sainthood: Venerable Elizabeth Ann Seton (1774-1821) who founded a U. S. branch in Maryland and whose cause is being promoted for beatification (TIME...