Word: keepeing
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Dates: during 1930-1939
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Triumph for Lilienthal was, on the face of it, defeat for Commonwealth & Southern's Wendell Lewis Willkie. It was defeat for Willkie because it was the end of his battle to keep a privately owned public utility on its feet in the Tennessee Valley...
...William Gibbs McAdoo at the 1924 Democratic convention because of the Klan issue. In 1926 aristocratic Public Utilitarian Bernard Capen Cobb wrote to an officer of his Northern Ohio Power & Light: "Do not let this young man get away from us. . . . He is a comer and we should keep...
This "possibility" is at present mildly fantastic, but obviously Wendell Willkie is still going places. Into Willkie's office come 500 letters weekly, all urging him to keep up the fight, many predicting that it will wind up with him in the White House. On these Wendell Willkie casts an interested' but realistic eye. Stamped with anti-New Deal mark, he is still too much of a liberal to suit old-line Republicans. When friends ask him whether he intends to be a candidate he answers, "Wouldn't I be a sucker...
...Meanwhile, deposits of commercial banks have increased from $39,562,000,000 to $51,355,000,000 and U. S. bankers have sweated trying to make the billions earn money. Stagnant business and stagnant real estate have reduced the wage that a banker's dollars can earn. To keep them from becoming unemployed he has had to hire more & more of them to the Government. Today all banks have 30% of their total deposits on "relief"-hired out to the Government at a bare subsistence wage...
None of this need worry depositors whose accounts are guaranteed by FDIC. But it is plenty to worry FDIC, which will have to make good future losses; something to worry the Government which is morally obligated to keep FDIC from ever going bust; something to worry business which has to support the Government...