Word: gibsons
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...first business day of 1931, Harvey Dow Gibson, then chairman of the executive committee of New York Trust Co., and a group of wealthy friends bought control of Manufacturers Trust Co. from Goldman Sachs Trading Corp. They paid $7,300,000. The deal brought an end to much gloomy talk about Manufacturers Trust after its proposed merger with Bank of United States had fallen through (TIME, Jan. 12). When J. P. Morgan one afternoon walked out of his little grey banking house at No. 23 Wall Street and dropped in to see Mr. Gibson in his new office...
Under Mr. Gibson, who promptly succeeded Nathan S. Jonas as chairman of Manufacturers, the bank undertook the liquidation of many closed "neighborhood banks'' and thereby added to its goodwill and number of depositors (TIME, Sept. 21). From Jan. 3 to Nov. 28 its deposits rose...
Last fortnight Banker Gibson returned from a Thanksgiving Day spent in the country and began to figure and plan. Last week his directorate and the Chatham Phenix directorate had a session, voted unanimously to merge the two banks. The deal, to be completed in February in all likelihood, will consist of an exchange of stock. The Gibsonized banks will have total resources of about $550,000,000, deposits in excess of $400,000,000, creating the seventh biggest Manhattan bank.* No name had been chosen last week but it was announced that Banker Gibson will be chairman of the board...
...organizer Mr. Dodge is well known through his work with the Tormentors which is an exclusive club conceived and organized through Mr. Dodge's influence. This club has its headquarters in New York City and includes such people as Frank A. Vanderlip, David Belasco, William Gillette, Charles Dana Gibson, and Professor John Erskine...
Some of the things you may have forgotten: Man Jong, Floyd Collins, the Boston Police strike, Coué, Jess Smith, Jane Gibson; the first radio station (KDKA, East Pittsburgh, Nov. 2, 1920), first bathing-beauty contest (Washington, D. C., 1921). A revolution in manners and morals accurately indicated by changing skirt-lengths had its beginning, middle and end in the last decade, says Author Allen. Advertising changed its key. "In 1919 the Listerine advertisement said simply: 'The prompt application of Listerine may prevent a minor accident from becoming a major infection,' whereas in 1929 it began a tragic...