Word: joneses
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Dates: during 1930-1939
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The Purcell catches, for example, are neat, sparkling little pieces written to rollicking texts, which require a certain amount of editing for relatively prudish modern audiences. Lawton's arrangement of Casey Jones is a remarkably clever composition, and The Old Maid's Song, a Kentucky mountain folk-song, has a...
>For railroads which are not yet insolvent Federal Loan Agency Administrator Jesse Jones turned up with an idea. He has quite a few railroad loans not of the best (e.g., $86,261,578 to the nearly bankrupt Baltimore & Ohio), but the immediate problem he tackled was the Boston & Maine.
To President Edward Sanborn French of B. & M., which has $60,000,000 of debt coming due within five years, Jesse Jones outlined a recapitalization plan to put through before bankruptcy becomes unavoidable. His main proposals:
Harassed President French replied: ". . . The proposed plan would avoid the waste, expense and losses which would be involved in a judicial proceeding which would probably be necessary. . . ." Other not-yet-insolvent railroads wondered whether Mr. Jones would urge similar plans on them.
In 1929 when William Peter Hamilton died, Dow, Jones & Co. needed a new high priest to lead the Dow cult of stockmarket analysis. They published some of Rhea's "notebooks" in Barron's weekly. The next year Rhea put his ideas on Dow lore into a book and...