Word: cashes
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Dates: during 1950-1959
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...guilty." Basis of the charges: 18 instances, during a hearing last summer of the House Special Subcommittee on Legislative Oversight (TIME, July 14 et seq.) in which the 68-year-old Boston millionaire and friend of Presidential Assistant Sherman Adams refused to answer questions about $104,973 in cash withdrawals from his Boston Port Development Co. and East Boston...
...There were still skeptics who had seen such high-flying stocks and heard such talk of the new prosperity before-in 1929. But in 1929 the market was founded on fantasy, frenzy -and credit. In 1958 the Bull's flight to the moon was fueled almost entirely with cash, clear evidence of the investors' confidence in the U.S.'s economic health...
...lead in consolidating and merging railroads toward the turn of the century. From 23 Wall Street the elder J. P. Morgan stopped a run on the U.S. Treasury in 1895 by putting up gold for the Treasury, quelled the panic in 1907 by forcing leading bankers to produce enough cash to shore up shaky New York banks, put together a number of independent companies in 1901 to form the $1.4 billion United States Steel Corp. During World War I J. P. Morgan & Co. was the banker for the British government, raised $3 billion to buy war supplies...
Trying to get to Europe in 1954, she made it as far as New York before she ran short of cash. She wound up with a walk-on part in the road company of Teahouse of the August Moon, and one day while on tour she wandered into Seattle's Colony, an offbeat supper club. She talked Owner Norm Bobrow into letting her try a few numbers with the band, brought down the house. Three years later, Pat was still at the Colony. "How long will she stay?" Bobrow's friends kept asking him. He always gave them...
Reading the cases, we easily tend to be cynical and dismiss the entire thing as a maudlin attempt to cash in on our sympathy, so generous and outgoing at Christmas time. Some readers, of course, might be moved to send in a few dollars to help Mrs. Bella H., 85, obtain the guidance she needs...