Word: chaining
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Dates: during 1920-1929
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...News-Sentinel is one of the 26 Scripps-Howard chain-papers. All the young Scripps-Howard editors are supporting Nominee Hoover this year.? All the young Scripps-Howard editors are also supporting the government-ownership-and-operation side of the Water Power question. Editor Meeman of the News-Sentinel was apparently satisfied that Nominee Hoover's first postscript implied govern ment ownership and operation for Muscle Shoals...
...arch-Democratic New York World pointed out, however, that Nominee Hoover had not yet said flatly that he favored Federal operation. The World laughed at the Scripps-Howard chain-papers and called the Hoover postscripts "shadow-boxing." Vexed but honest, the chain-papers admitted that the Hoover candor had not been perfect. They said: "It is difficult to understand why Hoover didn't say he was for government ownership and government operation of Muscle Shoals, or either or neither, instead of saying something else, then pointing to it and saying further, 'that means Muscle Shoals'; then, two days later, interpreting...
...chain-papers excused Nominee Hoover on the ground that "there seems to be something about political campaigning that just naturally breeds circumlocution. The roundabout instinct gets into the blood." They cited Nominee Smith...
Banker Hecht views banking concentration, formation of chain banks, with the utmost alarm. Articulate, he found phrases: "Financial feudalism . . . economis vassalage . . . financial octopus . . . Branch banking is a monster of such frightful mien." He quoted figures: "During the past 25 years, the number of branch banks has practically doubled each five years."* He classified, adroitly: "We still have the nation's financial business carried on by literally 57 varieties of banking institutions (48 different kinds of state banks, national banks, federal joint stock land banks, federal land banks, federal reserve banks, federal intermediate credit banks, postal savings system, mutual savings banks...
...point his remarks, bankers heard that the investment firm of S. W. Straus & Co. was planning to establish a new chain of banks, using the Straus National Bank & Trust Co. (Chicago) as a nucleus...