Word: detroit
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Dates: during 1920-1929
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Recently the City of Detroit sought $2,000,000, and found by inquiry in Wall Street that it could be had on about a 4½ per cent, basis. That this was reasonable enough is indicated by the refunding operation recently concluded by the U. S. Treasury Department in behalf of the Federal Government, which was put through with notes, yielding 4¾% to investors...
...Ford, however, agreed to lend Detroit the money it needed at 4%, and $500,000 is reported to have been already advanced. By so doing, Mr. Ford, of course, acquires tax-exempt securities on a reasonable basis, and thus removes a considerable amount of his future income from the tax-gatherer's reach. This fact, however, is quite disregarded in the publicity given Mr. Ford as a new rival to the financial center...
...companies are playing at present. The Root Bros, organization is about to tour the Dakotas under canvas. Brown Bros, dramatic stock is tenting the fields of Illinois. Miss Jessie Bonstelle, having just begun a stock season at the Harlem Opera House with The Second Mrs. Tanqueray, is now in Detroit, at the opening of her summer stock company there...
Michigan--H, G. Knight '13, 3580 Vinewood Avenue, Detroit...
...Marquis, eminent divine of Detroit, has known Henry Ford for 20 years. Dr. Marquis went along on the Peace Ship; was employed for five years as " sociologist" head of the Ford plant; became so interested in the mind of Henry Ford that Ford psychology became his major study. Dr. Marquis' book,* cleverly written, is an examination of the Ford halo. It leaves that halo very big if somewhat...