Word: chain
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Dates: during 1930-1939
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...Banks Banks. Another case of a chain breaking was in Arkansas. In that state a potent banking group is A. B. Banks & Co., which controls American Exchange Trust, biggest in the state, and some 50 other banks. Last week virtually all of these had closed...
...strength of the chain had been the strength of its strongest link, American Exchange, which had held deposits from all the other banks, swept them down when it fell...
...worth $5,000,000. He is also a big factor in the insurance field. He lives in Little Rock in modest luxury, takes long walks at dusk, alone. Last week genial Mr. Banks took few walks, showed the strain of long conferences. He hoped that eventually his chain could be rewelded...
...Pont de Nemours Powder Co. (explosives). In 1915 he resigned as president, sold his holdings for $14,000,000. In Manhattan he built the Equitable Building (1915), then the world's largest office building; he bought and mutualized Equitable Life Assurance Society. With Lucius Boomer he organized a hotel chain (Manhattan's McAlpen, Waldorf-Astoria, Claridge, Martinique, Philadelphia's Bellevue-Stratford, Washington's New Willard). In 1916 he was a candidate for the Republican Presidential nomination; in 1921 he was appointed U. S. Senator from Delaware by Governor Denny; in 1925 he was elected to the Senate...
Last week Joseph Michael Schenck, president of United Artists, said his company would not let its pictures appear in Fox theatres anywhere in the country. His accusation: that the Fox West Coast chain of 400 theatres was trying to establish a monopoly. His reason: Fox West Coast Theatres were refusing to pay what United Artists thought their pictures were worth.* His proposed plan of combat: building United Artists Theatres in 18 cities and meanwhile exhibiting the company's product in armories and tents if necessary. Possible result: temporary boycotting of Fox theatres, if other companies share Mr. Schenck's conviction...