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Word: esparto (lookup in dictionary) (lookup stats)
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...with Illinois' 207 bank closings last year, Iowa's 150, Michigan's 86, California boasted a lean 32. Last week a wave skittered down California's sun-drenched Sacramento Valley, toppled over Woodland's Bank of Yolo with $2.500,000 in resources, washed away Esparto's Bank of Esparto, struck down the two biggest independent banks in the State Capital, the California National of Sacramento and the California Trust & Savings. Closing of the two Sacramento institutions tied up $34,000,000 in 9,000 commercial accounts, 36,000 savings accounts. Cause: silent runs. Airplanes...

Author: /time Magazine | Title: Business: Sacramento Wave | 1/30/1933 | See Source »

...phrase: "I am studying America." But, in alternately low-voiced and explosive sentences, he was ready to speak of his fondness for golf; his many publications (including Tatler, Sketch, and Daily Chronicle); his 25 paper mills in England, Scotland, Germany; and his 1,500,000 acres of esparto grass in northern Africa...

Author: /time Magazine | Title: The Press: Britannia | 3/25/1929 | See Source »

...Esparto is a wild grass, growing tall as the bulrush. It flourishes in the sandy parts of northern Africa. It is picked for Papermaker-Publisher Harrison by a small army of Arabs. It is expensive, for the boiling down of the pulp diminishes its bulk by 50%. With the vigor of a true Yorkshireman, Mr. Harrison last week took pains to denounce as an ass an imaginative U. S. reporter who wrote how esparto grass had to be plucked by sweating Negroes, one blade at a time...

Author: /time Magazine | Title: The Press: Britannia | 3/25/1929 | See Source »

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