Word: midlands
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Dates: during 1930-1939
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...British bankers, led by Midland Bank's famed Reginald M'Kenna, did an exactly opposite thing, came out in favor of building a tariff wall around the Empire. Up to last week, so far as anyone knew, they were Free Traders. Mr. M'Kenna is a Liberal and the Liberal party is pledged to Free Trade. Mr. M'Kenna was Chancellor of the Exchequer in Asquith's Coalition Cabinet (1915-16), a Free Trade affair. True, Mr. M'Kenna was the author of that half-hearted levy on imported products, the "M'Kenna duties," but they were carefully disguised...
...Midland, Ont., a gasoline explosion set afire the clothing of Orton Crawford, 17. Rescuers tried to beat out the flames but he, scared, ran for home, outdistanced them, died six hours later...
...investment trust. It is dominated by the Schoellkopf family, with whom Mr. Carlisle is associated in Niagara-Hudson. Marine Union Investors was formed in January 1929 by the same group ? notably George Franklin Rand, Jacob F. Schoelkopf Jr. and Seymour H. Knox ? who later organized Marine Midland Corp., hundred-million-dollar group-banking unit (TIME, Sept. 30). It also was partly a Marine Midland holding company and partly an investment trust. Inasmuch as the bankers and the utility men were operating in the same northern New York district there was be tween them an obvious geographical com munity...
...State of Ohio last week at Washington Courthouse was Mal S. Daugherty's bank into which the Senate had failed to pry during its investigation of his brother, Harry Micajah Daugherty, as Attorney General. Heavy withdrawals from the Ohio State Bank, merged by Mai Daugherty with his Midland National Bank and Commercial Bank, caused State bank examiners to suspend its business while they checked accounts...
...years ago the Senate committee investigating the Department of Justice suspected that alleged graft by the "Ohio Gang" had-been deposited in the Midland National. When Senators Wheeler and Brookhart went to Washington Courthouse to inspect its records, Mai Daugherty defiantly refused them access to his bank. He was cited for contempt of the Senate. The Supreme Court upheld the citation long after the Daugherty issue had passed into history. Hence the case against him was dropped...