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...moratorium (pieced out by Washington's Birthday) approached, a scheme was evolving in Detroit's day & night powwows known as the "Michigan Plan." The suggestion of Chairman George Willets Davison of Central Hanover Bank & Trust Co., attending the conferences with representatives of other Manhattan banks, was to merge the big Guardian and First National groups. At this Detroit balked, seeing a possibility of Eastern dominance. But in the Michigan Plan, calling for segregation of frozen and liquid assets in both State and National banks, bankers believed they had not only a solution for their own troubles but also...

Author: /time Magazine | Title: BANKS: Michigan Moratorium (Cont'd) | 2/27/1933 | See Source »

...centre of the ring, closely watching the proud and handsome dogs, was a proud and handsome lady, Geraldine Rockefeller Dodge, wife of Remington Arms Co.'s Board Chairman Marcellus Hartley Dodge, niece of John Davison Rockefeller Sr. She was proud because she had been chosen first woman ever to choose the best dog in the Westminster show...

Author: /time Magazine | Title: Animals: Wild Dogs | 2/27/1933 | See Source »

...With the 30 days of public mourning for Calvin Coolidge over. President Hoover last week resumed White House festivities. At a state dinner to the Vice President, he and Dolly Curtis Gann led the line to the table. Among the 75 guests were John Davison Rockefeller Jr. and Edsel Bryant Ford. Two days later the President entertained 85 diplomats and guests who ate from gold service...

Author: /time Magazine | Title: THE PRESIDENCY: Valedictory | 2/20/1933 | See Source »

...tackle once again the prickly problem of Germany's short term loans. Before leaving he gave an out-of-the-ordinary going-away party: a private view before the public exhibition of his collection of Forain paintings, etchings and lithographs. John Pierpont Morgan attended. So did John Davison Rockefeller Jr., Adolph Ochs, Ogden Reid, Owen D. Young, Nicholas Murray Butler, Paul Cravath, Arthur Curtiss James, Arthur Brisbane, Lily Pons. There...

Author: /time Magazine | Title: Art: Wiggin Forains | 1/30/1933 | See Source »

Banker Gray succeeded George Willets Davison who became board chairman. William Woodward retired into an inactive honorary chairmanship. Few people in Wall Street know Banker Gray. Few even knew his name when it was ticked out by the news services last week. But the few who did know him knew him as a good banker, a good friend of President Davison. 25 years his senior. Polished, brilliant, faultlessly attired, he lives in Greenwich, Conn. His wife. Margaret Dunlop, a Southerner famed for her beauty, often rides to the Fairfield & Westchester Hounds with...

Author: /time Magazine | Title: Business & Finance: Youngest | 1/30/1933 | See Source »

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