Word: liquidating
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Dates: during 1930-1939
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...financial apparatus toppling about him, one veteran banker stood out. He was President Henry Lawrence Thompson of Toledo Trust Co., with $44,401,000 in deposits and "The Strongest Bank In Northwestern Ohio" for a slogan. He announced that his institution had $25,513,000 in absolutely liquid assets, would remain open and keep paying until everyone was satisfied. To show that he meant business, trucks from the Cleveland Federal Reserve Bank drew up to his doors laden with $11,000,000 in crisp new currency. At the end of the day four other Toledo banks were still keeping their...
...loan from the Federal Farm Board, hired as their counsel Mrs. Mabel Walker Wille-brandt who knew every wrinkle of the Prohibition Law from her eight-year service as Assistant Attorney General. Last year Fruit Industries, on Mrs. Wille-brandt's advice, brought forth a liquid grape concentrate called Vine-Glo ("Just Pull the Bung") for urban vintners (TIME, Nov. 24). A client is supplied with a keg of nonalcoholic concentrate which Vine-Glo agents put down in his cellar. They dilute it, tend it for 60 days. By then it becomes wine of about 15% alcoholic content. Prohibition...
...plump, liquid-eyed tenor is Giacomo Lauri-Volpi, who earns fat contracts by hurling lusty high C's at the boxes in William Tell, caroling lushly in operatic staples like La Traviata and Rigoletto. He has been paid well by the Metropolitan Opera. But he says that the U. S. is culturally immature, that he will stay in Europe next year when his contract expires. There he is more appreciated. In Paris, for instance, it is a gala occasion when he sings as guest star; the Opera pushes up its prices a bit (usually $3.20 for best orchestra seats...
...evolved a few rites of its own. One is the quick dip of salute by a plane in flight, another the wing-wag of greeting, another the ring-laying ceremony for a new dirigible (TIME, Nov. 4, 1929). Picturesque is still another -the christening of a new balloon with liquid air. As in the case of the Graf Zeppelin and many smaller craft, it was planned that the Navy's great Akron should be named to the accompaniment of a flask smashed against the nose of her control car, a quick puff of white vapor...
Last week it was announced that Mrs. Herbert Hoover will sponsor the Akron at the christening Aug. 8, at the Goodyear-Zeppelin dock at Akron, Ohio. But Mrs. Hoover, practiced though she is at swinging bottles against bows, will swing no bottle of liquid air. The stuff is dangerous to handle, would instantly freeze any bit of flesh upon which it might splash. Instead Mrs. Hoover will set free a flock of white pigeons...