Word: controls
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Dates: during 1920-1929
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...gubernatorial battle was, if anything, more important than that for senator, because it involved the state machine control shakily assumed by young Senator LaFollette after his famed father's death. The candidate of the LaFollette group was Herman L. Ekern, who was opposed by Fred R. Zimmerman, onetime friend of the elder LaFollette, but hostile to the scion. Mr. Zimmerman won by over 50,000 plurality...
...William F. Koch of Detroit. Dr. Field's advocacy was the more dangerous because of the wide press publicity recently accorded his claimed ability to transmute diamond tints (TIME, Aug. 23). But, besides Dr. George A. Soper, who spoke officially as director of the American Society for the Control of Cancer, only two Manhattan physicians openly opposed Dr. Field's claims. They were Dr. David Bryson Delavan, a director of the American Society for the Control of Cancer, and Dr. Robert Tuttle Morris, emeritus professor of Surgery of the Post-Graduate Medical School. Lesser men talked with confidentially...
...regarded with a kind of pride the growth of their own banks. At present the Berliner Handels, the Disconto Bank, the Dresdener Bank, the Darmstadter (Danat) Bank and the Deutsche Bank,* and to a lesser extent the Commerz & Privat Bank and the Mitteldeutsche Kredit Bank, may be said to control German industry...
...This control became important during the War. But, even so, German industrialists could call their plants their own until 1923, when they were forced to pay 18% for their borrowed money. The banks profited well because they could borrow from their British and U. S. connections† at barely more than 5%. In many cases, concerns could not repay loans, whose interest in less than six years equalled the entire principal. They capitulated to the banks, which became sole owners or at the least, important partners...
...Dillon, Read has vast plans for German financial penetration, would not needlessly provoke competitors. This week this U. S. investment house expects to offer about $30,000,000 of securities for the German electrical manufacturer, Siemens-Schuckert Halske, will market some in the Netherlands and Germany. The banks already control the German General Electric Co., which dominates the German electrical business...