Word: ledger
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Dates: during 1930-1939
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...wide field unto itself. NACM facilitates the pooling of credit information. Every bank, every company that extends credit is constantly prying into the private affairs of its customers. They study balance sheets, earnings statements, profit & loss accounts, weigh character, reputation, personal habits. But the final element in credit is "ledger experience," the record of how bills were paid in the past. Local credit associations collect ledger experience from their members, pass it on to a national clearing house in the National Association. Between 2,000,000 and 3,000,000 credit records are always on file...
More spectacular, though less significant, than the routine of ledger experience is NACM's fraud prevention bureau, which is entirely staffed with onetime G-men. Director Charles Joseph Scully headed the Department of Justice's bomb squad in New York for years, helped bring about the deportation of Anarchist Emma Goldman. Director Scully is very proud of his rogue's gallery of leading U. S. commercial racketeers. This type of crime is lucrative, involves no physical danger, is seldom punished with jail sentences of more than three years. Typical commercial racketeers are the Brothers Minos and Pericles...
...society page of the Philadelphia Evening Ledger one day last week appeared this note: "Mr. & Mrs. A. Atwater Kent and their son, A. Atwater Kent Jr., of West Hills, Ardmore, will leave for Bar Harbor the latter part of the month to occupy their place, Sonogee, for the summer...
...expensive, and the producer, if he wants to stay in business very long, must keep his eye on box office grosses, not on the embittered criticism of a few collegiate purists. He holds his job by the amount of black ink he can put on the company ledger, not by the number of artistic hurrahs he is able to arouse...
...life and conditions as they see them, and the right to do so is guaranteed them. As long as any form of free speech and free press exists in this country, the action of the Carolina House will be a conspicuous blot on the debit side of the Carolina ledger...