Word: georgiaâ
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Already, the Nixon plan had made some solid gains. By far the most important was Japan's decision to float the yen on international currency markets (see BUSINESS). In addition, some banks?including New York's Chemical Bank and Atlanta's Trust Company of Georgia???reduced interest rates on consumer loans. Such rates are not governed by the Nixon program, but the Administration has applied strong pressure on bankers to freeze or lower them voluntarily...
...born in 1878 at Anna, Ill. He began railroading as Illinois Central station clerk at Anna (1899). There followed many years, many promotions, until, in 1924, he became vice president in charge of operations. In 1926 he left the Illinois Central to become president of the Central of Georgia???an Illinois Central subsidiary. No salary statement was given out by the New Haven. It is believed that Mr. Pelley received $40,000 a year as head of the Georgia road...
...they say, Lenin's most intimate friend in the inner Communist circle. "Minister of Nationalities," he was chiefly responsible for binding the outlying provinces to the Soviet régime. He himself came from Georgia???was once a clerk there...
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