Word: escrowed
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Dates: during 1920-1929
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...fine, useful American citizen since he left the New York Assembly [in 1915]. But, in his many activities, he has forgotten much of his Assembly record. . . . "He, with all his intelligence, with all his honesty, with all his courage-seems to have left his high qualities in escrow with Charles Murphy [oldtime Tammany Boss] when he went to Albany and there made a Tammany record on the saloon, the gambler and the prostitute. "No Klansman in a boob legislature, cringing before a Kleagle or a Wizard, was more subservient to the crack of the whip than was Al Smith-ambitious...
...operating labor banks, organized labor contemplates invasion of the shipping business. The Marine Engineers' Beneficial Association offered to buy, for $300,000 cash, three 12,000 ton government vessels from the Shipping Board, guaranteeing to operate them immediately and to deposit an initial payment of $90,000 in escrow in a responsible bank. The offer was rejected by Chairman Lasker of the Shipping Board on the ground that the bid was below the minimum selling price of $30 per deadweight ton fixed by the Board's policy. Mr. Lasker said he would consider the sale if the union...