Word: cummingses
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Dates: during 1930-1939
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In the Senate Banking & Currency Committee Senators Glass, McAdoo and Gore questioned the constitutionality of the whole proceeding, demanded a written opinion from Attorney General Cummings on the right of the Treasury to seize the gold of the Federal Reserve and give gold certificates in payment - certificates which, when the...
some new faces and new ideas in Continental would be helpful and," Mr. Jones himself added, "the RFC is making no recommendations for changes in the official force of the bank. That will be the responsibility of Mr. Cummings and the directors."
Mr. Cummings snapped up the invitation the same afternoon. His first job as a youngster was with the Illinois Trust & Savings Bank (whence the "Illinois" in ''Continental Illinois'') but since then he has been a traction man, a manufacturer, not a banker. Of his 25 directorships...
Rumor had it that he and his "personal friend," the Comptroller of the Currency, did not get along together. Rather than have him resign, his other personal friends, William Woodin and Franklin Roosevelt, preferred to provide him with another good job, and Mr. Cummings had his eye on Continental Illinois...
*New directors: Mr. Cummings; John Quincy Adams. Iowa land owner: Samuel Thomas Bledsoe, president of Santa Fe: Edward A. Cudahy Jr., packer: Reuben G. Danielson, the bank's cashier; Edward Landsberg. president U. S. Brewing Co.; Judson F. Stone, McCormick estates: Willoughby George Walling, president of the Personal Loan...