Word: cleveland
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Dates: during 1930-1939
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What made the Governor mad were the outspoken criticisms of New York City's Mayor Fiorello LaGuardia, Interior Secretary Ickes, President Roosevelt-who, without naming names, charged that Ohio's State Government was responsible for Cleveland's scandalous relief situation (TIME...
Meanwhile, in ironic contrast, Cleveland's businesses were booming towards 1929 levels. Yet the city could not tax to raise funds for relief without empowering legislation from the State General Assembly. And Governor John W. Bricker refused to convene the Assembly...
Promised for Cleveland's relief were 17 carloads of surplus commodities from the Federal Surplus Commodities Corp., 6,000 new WPA jobs. But-"We already are receiving from ten to twelve carloads a day and it is not going very far," said Sidney T. Rowley, assistant relief commissioner. As for the WPA jobs, WPA Director Frank T. Miskell announced there were no new projects available, and few of the 16,000 were even fit for WPA work...
Cyrus Stephen Eaton is a well-dressed, frosty-eyed financier of 56. He left his native home in bleak Pugwash, Nova Scotia, to study for the Baptist ministry. In Cleveland in 1925 he dramatized his power to refinance Trumbull Steel Co. by proving to its officers that Cleveland Trust Co. would honor his check for $20,000,000. By 1930 he was instrumental in forming the No. 3 steel Company (by mergers built on Republic), was sitting on the boards of 20 great corporations (utilities, steel, paints, hotels). That year he helped undermine the foundation of the tottering Insull empire...
Depression I finally knocked the props from under Mr. Eaton, washed away his industrial controls. By 1932 he was left with little except his Cleveland securities house, Otis & Co. But Mr. Eaton still rode to hounds. And last week he rode off again to the financial wars...