Word: ghosting
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Dates: during 1930-1939
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...even the stately halls of the world's largest banks are free from corporate ghosts. For almost a year one of them has lurked disturbingly in the recesses of Chase National Bank. Were it articulate this ghost might well have slid into the offices of Governor Albert Henry Wiggin and whined: "I am the ghost of William Fox's mismanagement of Fox Film Corp. I was created during the wild days of 1929 when he expanded quickly and without funds. Last year I was temporarily silenced when Fox Film fought off receivership by selling $55,000,000 notes...
Knowing well what the ghost might be saying, knowing well how much was at stake. Wall Street guessed that Banker Wiggin, hero of many emergencies, would rise to the occasion. Yet how he would do it remained a mystery for many months. Even eleven days before the notes fell due they sold $2 below par, indicating there was still considerable doubt on how the problem would be handled. Last week, however, shrewd Banker Wiggin was glad to announce a ghost-laying party. The notes were redeemed as promised...
Preparation, Late in March, Fox Film Corp. began to prepare for the ghost-laying by electing Glenn Griswold, long time editor of the Chicago Journal of Commerce, to vice president in charge of publicity (TIME, March 23). Swart Mr. Griswold is so familiar with the ways of the press that soon many items got them selves into newspapers, to the effect that the financing would be taken care of in due time. President Harley Clarke gave out an interview. "The motion picture business suffered remarkably little from the period of depression," said he. Al though reliable figures on motion picture...
...ghost of an old man with a sabre scar across his cheek hovered over Boston's Symphony Hall last week. In his honor Conductor Sergei Koussevitzky had prepared a six-day Bach festival and undertaken to give two complete performances of the great B Minor Mass. Contralto Margaret Matzenauer had come to do some of the soloing in her deep, vibrant voice. Singers from Harvard University and Radcliffe College had worked for weeks polishing the difficult choruses. Conductor Koussevitzky was keyed to a pitch where no amount of effort was too much to spend in the memory of Major Henry...
...ghost with the bearing of Metternich walks in Germany again. An emergency decree empowers local authorities to stop gatherings which they regard likely to disturb public order, to suppress papers which attack religious organizations, slander public figures, or incite to violence, and to dissolve any societies which fail to keep the peace...