Word: morganized
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Dates: during 1930-1939
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...343rd time. He pulled a white handkerchief from his pocket, wiped his brow, turned to the diploma hander. "Nearly finished?" he whispered. "Almost," whispered the diploma hander. Finally the 386th & last student bobbed up, got his handshake, his grin, his congratulation, his diploma. Sighing relief, Trustee J. Pierpont Morgan sat down...
Thus last week did the House of Morgan bow to the Federal Banking Act of 1933 which cleaves the deposit business from the securities business as of June 16. Last year when the Senate Banking & Currency Committee was dragging ghosts out of No. 23 Wall Street, J. Pierpont Morgan testified that "straight banking" was a more important part of his business than supposedly fabulous securities deals. Since there is practically no securities business today, Morgan partners simply elected to continue receiving deposits on which they pay, say, 1%, loaning or investing them at, say, 3%. Drexel & Co., Philadelphia branch...
Marriage Revealed. Philip Morgan Plant, 32, onetime husband of Cinemactress Constance Bennett; and Mrs. Edna Dunham of Manhattan; in Clearwater, Fla.; in April...
Corliss Lament, second son of Morgan Partner Thomas William Lament, who used to rate himself "a critical Communist sympathiser," told a Manhattan audience: "We will use violence if necessary to reach the Socialist goal." He predicted the U. S. would be under a Communist government in 25 years...
...Pierpont Morgan's yacht "Corsair" was the scene of the Harvard crew's sojourn yesterday. Accompanied by Bill Bingham, the entire squad spent the day cruising on Long Island Sound as the guests of the financier and Crimson alumnus...