Word: interests
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Dates: during 1940-1949
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...Massie case was an unprecedented flare-up in Hawaiian race relations. But its melodramatic aspects awakened the first general interest that the people of the mainland U.S. had ever shown in their neglected Pacific paradise, 2,400 miles west of San Francisco's Golden Gate. The luridly revealed racial complexities of the territory became the subject of scandalized interest on the mainland, and touched off a deep national uneasiness. In the hysteria, fanned by U.S. editors playing up a gaudy story, and by the U.S. Navy, which saw its gold-buttoned dignity assailed, some U.S. newspapers even tacitly condoned...
...trouble with Eccles' plan. Eccles, he said, need not go after such sweeping powers until he uses the powers that FRB now has. Why, for example, didn't FRB raise its rediscount rate (the cost of FRB loans to commercial banks) and thus raise the interest rates on all borrowed money...
...controlled, Boles counted only six bankers among the 15 directors on the Central. But he found eight among the 15 C. & O. directors. Young had charged that Central directors represented only 1.5% of the total stock ownership. Boles: "The C. & 0. is controlled by the Alleghany Corp. . . . through an interest which amounts to only 3.34%. . . . [Young's] interest in Alleghany's assets is less than 1%. [His] interest in ... New York Central, when traced down through Alleghany and the C. &O., amounts...
Young was no man to take this lying down. Cried he: "Another decision against the public interest. . . . Two-faced justice...
...Rates. For several months banks have been gradually raising their interest rates on loans. So California's Bank of America, world's biggest bank, decided to pass some of the gravy on to depositors. On Jan. 1 it will boost its interest on savings from 1¼% to 1½% on accounts up to $10,000, from 1% to 1¾%% on larger sums...