Word: orval
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Dates: during 1930-1939
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...President this year was Orval Adams of the Utah State National Bank, Salt Lake City. In the three years since he rose on the convention floor to propose that bankers boycott U. S. bonds, Orval Adams has rarely missed a chance to snipe at the New Deal. Last week was no exception. Warning of a trend toward fascism or national socialism, he sombrely declared in his opening address: "To recapture control in Federal spending is the most vital issue confronting this great democracy. . . ." He then introduced RFC Chairman Jesse Jones as "a conservative" who had been "a tower of strength...
Randlett, Uintah County, Utah U.S.A., Retired; U.S.M.A., class 1902. Reference: Utah State National Bank (President of this Bank is Orval W. Adams, this year President of American Bankers' Association) ; also Hillsboro National Bank, Hillsboro...
...officers. By A. B. A. procedure each year's president is actually selected two years ahead when he is chosen for the job of second vice president, thence moving up according to custom to vice president and president. At the New Orleans convention two years ago outspoken Orval Webster Adams, executive vice president of Utah State National Bank of Salt Lake City and thus a representative of small unit bankers, jumped to his feet on the floor and offered the bitter and impractical suggestion that bankers boycott U. S. bonds. Supported by a surge of other independent bankers, Orval...
Temporarily, however, grim, Orval Adams was free to return to his opposition to the New Deal. In his brief acceptance speech last week, President Adams announced as his prime objective: "We Must Do Our Part Toward Making All of the People Deficit Conscious...
Election. When Salt Lake City's Orval Adams demanded a bankers boycott of Government bonds in New Orleans last year, he was elected by acclamation to the post of A. B. A. second vice president, which meant that he would be moved up automatically to first vice president this year, president in 1937. At San Francisco last week there was a brief attempt to prevent Banker Adams from moving up in the regular line of succession. When elections came round, however, not a murmur arose against either Mr. Adams or the hand-picked banker nominated to succeed...