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...suddenly cut them off with the cash they had in their pockets. People were chary of giving small bills for big ones. By the time the moratorium was modified after two days to permit withdrawals up to 5% of deposits, the scarcity of money was acute. Even Governor-reject Brucker was forced to borrow $10. Newsboys had to sell on credit. In Midland, big Dow Chemical Co. coined magnesium into "Dowmetal money" with a specified value of 20?. The City of Detroit went into technical default, its bonds slumped badly. But Michigan stayed cheerful. It was considered funny to sing...

Author: /time Magazine | Title: BANKS: Michigan Moratorium (Cont'd) | 2/27/1933 | See Source »

...Want Bonus." "Down With Hoover." "Hoover-Boloney & Apple Sauce." During the 20-minute drive to the Olympic Arena he was jeered and derided by sidewalk throngs. Inside the hall he was among 20,000 friends yelling and stamping their welcome. On the platform with him were Henry Ford, Governor Brucker, Senators Couzens and Vandenberg, Postmaster General Brown, Secretary of Commerce Chapin...

Author: /time Magazine | Title: National Affairs: Speech No. 3 | 10/31/1932 | See Source »

Other Governors had better luck last week in convincing R. F. C. they needed a helping hand. Ohio's White got $852,662 for four destitute counties. Michigan's Brucker borrowed $1,800,000 for Detroit after showing that the city had raised and spent $36,000,000 on jobless relief in three years...

Author: /time Magazine | Title: National Affairs: No to Pennsylvania | 8/15/1932 | See Source »

...Governor has to make many a speech. At Ann Arbor, last week. Governor Wilber Marion Brucker of Michigan made a speech. Afterward, a Governor is supposed to shake the hands of as many of his audience as desire it. Stewart H. Redner, University of Michigan law student, was one of those who wished to have Governor Brucker shake his hand. A Governor is supposed to have something pleasant to say to those who want their hands shaken. When Student Redner said: "I killed my grandmother today," Governor Brucker smiled cordially, replied: "I'm very glad to make your acquaintance...

Author: /time Magazine | Title: STATES & CITIES: What Governors Hear | 12/7/1931 | See Source »

...Michigan has been a faith fully Republican district since 1898 when Joseph Warren ("Old Joe") Fordney, co author of the 1922 Tariff Act, took it away from Ferdinand Brucker, Demo cratic father of Michigan's present Repub lican Governor. Year ago the late Bird J. Vincent, thin, greyish Republican Representative, defeated a big, blond, slow-moving Democrat named Michael J. ("Mike") Hart by 20,000 votes. This year Mr. Hart, a bean jobber of Saginaw who runs an 800-acre farm, was again nominated, this time against Republican Foss O. Eldred of Ionia. Nominee Hart declared Wet, had the support...

Author: /time Magazine | Title: National Affairs: Democratic House | 11/16/1931 | See Source »

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