Word: detroit
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Dates: during 1930-1939
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...Detroit the Colonial Department Store advised that it would exchange clothing for farm produce: a dress, bag, hat, shoes, for 3 bbl. of salted Saginaw Bay herring; three boys' suits, three pr. shoes, one dress for a 500 Ib. sow; assorted merchandise for 50 crates of eggs or 180 Ib. of honey...
...Ford found himself in the banking business, willy-nilly. He became the dominant banker of Michigan, a leader in a profession he has long despised. He had done, inevitably, the American thing. He entered on his own terms, with the warning that his ideas of banking would prove "revolutionary." Detroit, Michigan, the nation waited and watched...
...extended indefinitely. These were limited to a depositor's pro rata share of a bank's cash and government bonds, thus anticipating the "Michigan Plan" (not yet enacted) of segregating liquid and frozen assets. All out-State institutions opened for what business they could do, but in Detroit, a man could draw out only 5% of his deposits...
Foster son of William Hoover Yawkey, Detroit lumberman and onetime owner of the Detroit Tigers, Thomas Austin Yawkey inherited $4,000,000 from his mother, who died when he was 15. Last month, on his 30th birthday, he got almost as much from the estate of his foster father who died in 1919. To help him run his team as vice president and general manager, Owner Yawkey chose Eddie Collins, famed second baseman and coach of the Philadelphia Athletics. They planned to retain Marty McManus who managed the Red Sox ably for the last half of the 1932 season...
...attend was rich-radical James Couzens. Like his old partner, Henry Ford, he has no use for banks & bankers or much of anything else in the present social system. Famed for his ability to step on every protruding toe, he got into politics as a rambunctious Mayor of Detroit. He had almost feared that the Committee would not get around to his hobby before its inquisitorial commission expired March 4. But time had not been wasted. It never is by Ferdinand Pecora whom the Senators had employed with funds enough to keep 12 accountants busy 12 nights and 12 days...