Word: credititis
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Dates: during 1920-1929
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...week's meeting. One of the Trades Union's two gold watches went to a Mr. W. J. Rooney of the highly respectable American Federation of Labor. And Ben Tillett's speech was as conservative as a bowler hat. With an ideology that would have done credit to a Director of the Bank of England, erstwhile firebrand Tillett pleaded for protective tariffs, increased inter-Empire trade. Said...
...relative to actual coin of the realm, the certification of these drafts was a matter of no small moment. But the Chase cashier did not hesitate, for only the day before the Chase bank had received from six other Manhattan banks instructions to hold for the Bank of Telluride credits amounting to $500,000. The six Manhattan banks, in turn, had received wires from their six Denver correspondents asking them to put the $500,000 to the Bank of Telluride's credit. So, since the Bank of Telluride was Chase's correspondent, and the man with the drafts was readily...
...reactionary Heimwehr and the Socialist Schutzbund (TIME, Aug. 19, et seq.). Fortnight ago when Heimwehr-Schutzbund feeling was at its tensest, members of the Association of Austrian Industrialists marched to the office of Chancellor Streeruwitz to point out that rioting between the two groups was damaging Austria's credit abroad, driving money-spending tourists from the country, ruining Austrian prosperity...
Boston's seizures were different from prior ones only in that Boston newspapers were specially informed. They scare-headed their reports and other coastal papers imitated them. Credit for the Federal action was claimed by Dr. Allan Winter Rowe of Massachusetts Homeopathic Hospital and by Importer Ambruster of ergot fame...
...high places can ruin a whole branch banking system. If you are a large city banker wishing to expand, you will very likely see that a branch bank can be of more assistance in time of trouble because its risks are spread over wide area; that in branch banking credit is very liquid so that it can find in any one locality as much as may be required, bringing the funds if necessary from afar; that management is much more likely to be competent and honest in a few strong hands than in many weak ones...