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The Rocky Mountain area got a big new bank last week to finance its burgeoning industries. At the helm was an old name in banking-George Eccles, younger brother of the Federal Reserve Board's Marriner Eccles. To set up the biggest banking operation between Omaha and California, the...

Author: /time Magazine | Title: BANKING: Kid Brother | 5/10/1948 | See Source »

Handsome, gregarious George Stoddard Eccles, 48, little resembles his solemn brother. George dances indefatigably, frequently breaks 80 at golf, heads the Ogden (Utah) Livestock Show. Unlike Marriner, who did not go beyond high school, George went to the University of California and Columbia. After graduation, he became assistant cashier at...

Author: /time Magazine | Title: BANKING: Kid Brother | 5/10/1948 | See Source »

...empire grew, George moved up; when Marriner left for Washington in 1934, George took over. Though headquarters of the new bank will be in Ogden (pop. 43,700), the Eccleses' home town, George hopes to operate on a much broader scale than ever before. He believes that "a bank should be an instrument of growth, not just a place for people to put their money." In helping the Northwest to grow, ambitious George Eccles hopes to grow right along with...

Author: /time Magazine | Title: BANKING: Kid Brother | 5/10/1948 | See Source »

*Solomon Eagles (or Eccles) was a fanatical 17th Century Quaker who, stripped to the waist and carrying a brazier full of fire & brimstone on his head, walked the streets predicting doom.

Author: /time Magazine | Title: Foreign News: Pushover | 3/22/1948 | See Source »

The man who took Eccles' place was somewhere to the right of Eccles' "unorthodox" doctrines, though perhaps not as far as some loudly applauding bankers thought. Thomas McCabe went to progressive Swarthmore College. He began his career at Scott Paper Co., became a supersalesman and finally president. He...

Author: /time Magazine | Title: THE ADMINISTRATION: Reserve Shift | 2/9/1948 | See Source »

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