Word: crediteer
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Dates: during 1930-1939
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...News did borrow TIME's phrase about Jim Farley, "big, bald and breezy," and gave appropriate credit...
...which exists between the President and nearly all of his chief fiscal officers. At the Treasury, there is no Secretary; William Hartman Woodin continues sick. Acting Secretary Acheson carries on under obvious strain while rubber-dollar professors get the ear of the President. Banker Bruere, appointed to co-ordinate credit activities, is, in one commentator's phrase, "outstared" by huge-framed Jesse Jones...
...from a serious malady-has been a great engineer and businessman and collaborator of Thomas A. Edison! He advanced the industrial progress of the world in an important way by producing cheaper electric current than was previously possible, thereby introducing electricity to many household and commercial uses. . . . "The unlimited credit given by the public to Insull has brought irreparable calamities and has created many victims, but Insull was in reality a hero fighting against the Depression and a benefactor of mankind." While Greek cheers and hand-clapping by Insull sympathizers rocked the court his three lawyers jostled each other...
Other people believed in Arthur Joseph Morris and the "hybrid and mongrel" notion of banking became the Morris Plan banks in 150 U. S. cities. Founded on a desire to provide the laboring man with a better source of credit than the fleecing loan shark, the Morris Plan is today dignified by the name "industrial banking." Morris Plan Banks ("companies" in some states where only an orthodox bank may use the word) make loans of $50 to $5,000 largely on character, earning power and two indorsements - a type of business which many commercial banks find un profitable. Some...
...Honesty is the first prerequisite of Boston politics," said Mayor-elect Frederick W. Mansfield of Boston in an interview with the CRIMSON last night. "My administration will redeem the fair name and credit of the city of Boston and give the city what it most needs, an honest administration. Boston affairs will be administered to the best interests of all the citizens with fair treatment for every...