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...Supreme Court into a shield for special privilege. He starts an elusive hare when he points out that banksters are no new phenomenon. In 1819 the combined "borrowings" of directors and employes of the City Bank of Baltimore exceeded the entire capital of the bank by $100,000. John Jacob Astor used $5,000,000 of Government money for 20 years, paid no interest. When the Union Bank of Florida failed (1837) it had $76 in foreign banknotes to cover more than $100,000 in deposits and more than twice as much circulating paper...

Author: /time Magazine | Title: Books: Rhetorical Question | 2/26/1934 | See Source »

...professor of Finance, April 3; "Government Control of Public Utilities" by Clyde O. Ruggles '09, professor of Public Utilities, April 17; "Technical Problems of National Planning" by Donald H. Davenport, professor of Business Statistics, April 24; "Planning Our National Life as a Part of the World's Life" by Jacob A. DeHaas '11, professor of International Relationships, May 1; "Exploring the Depths of the Earth" by Dr. Mather...

Author: NO WRITER ATTRIBUTED | Title: RADIO BROADCASTS ARE ANNOUNCED BY MATHER | 2/21/1934 | See Source »

...John Jacob Raskob rose from a meal in a little Sonora, Tex. restaurant, handed the waitress a $20 bill. "Keep the change," said...

Author: /time Magazine | Title: People, Feb. 5, 1934 | 2/5/1934 | See Source »

Engagement Broken. John Jacob Astor III, 21, great-great-grandson of John Jacob Astor I, heir to $3,000,000 last August; and Eileen S. S. Gillespie, 18, Manhattan debutante (TIME, Dec. 25). Reason: undisclosed. They were to have been married...

Author: /time Magazine | Title: Milestones, Jan. 29, 1934 | 1/29/1934 | See Source »

Like many another man whose success has been extraordinary, George Graham Rice gave no hint of genius until he was past 30. Just when he abandoned his real name of Jacob Simon Herzig no one knows. His youth was punctured with one jail term for grand larceny and another for forging his father's name to a check. Shortly after the turn of the century he founded Maxim & Gay, "Turf Information Bureau," in Manhattan. His "information" was good and he often sold 5,000 tips a day at $5 each. Having a great love for the horses...

Author: /time Magazine | Title: Business: Rice Resumes | 1/29/1934 | See Source »

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