Word: interests
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Dates: during 1930-1939
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...began with a preamble, in which the President dismissed the campaign against his bill to reorganize the Executive branch of the Federal Government (TIME, April 4) as "organized effort on the part of political or special self-interest groups." There followed a letter, dated two days earlier, to a friend whose name the President said he was withholding "because he did not write for publicity purposes." In the letter the President set forth, in 1,100 words, not only his personal disinclination to be a U. S. dictator but his objections to proposed amendments in the Reorganization Bill. Loudly demanded...
...never confined its holdings to banks. It has a portfolio of listed common stocks. And it controls Occidental Life Insurance Co. Indeed, insurance, a business which is not unlike banking in that it is largely concerned with the collection and investment of savings, has long been a prime Giannini interest. The Gianninis bid unsuccessfully for big Pacific Mutual when it got in a rness year and a half...
...idea that A. P. was marching eastward again, a periodic rumor, was slightly absurd, because A. P. still had a heavy, if minority, stake in the East. His new stake in Chicago banking is even more of a minority stake because 15,000 of Continental represents only a 1% interest...
...been quite liberal and one of the few limits to speculative activity in grain is a mysterious "gentlemen's agreement" said to have been reached in 1926 by a Kansas city grain merchant named Lonsdale and the then Secretary of Agriculture, William M. Jardine. This limits the speculative interest in the Pit to 5,000,000 bu. per speculator in any one future. CEA has long brewed cutting this to 2,000,000, but has not done so in the face of bitter opposition from the Board of Trade...
Last July Cargill and Farmers National had a brisk little fight between themselves. Cargill then held the long interest in corn and Farmers the short, but at the last minute Farmers dumped 500,000 bu. of previously invisible corn on the market, gave Cargill a real trimming as the price fell 27?. Last September Cargill got even. With only a small carryover from the previous year, corn was scarce anyway and Cargill bought almost twice as much (6,000,000 bu.) as there was available for delivery that month. There followed a mad forage for corn by shorts, of whom...