Word: p
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Dates: during 1920-1929
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...activities the B. of T. P. & P. M. claims the "high sphere of public morals." It helped to bring about Prohibition and with that work it has been chiefly identified since. It opposes "nudity, blasphemy, profanity and the treating of revolting subjects in the American theatre . . . commercialized gambling, prizefighting and the debauching of the young by publications which are indecent or which are clearly intended to excite lascivious feeling...
...dealt only with reputable brokers. . . ." Among the kinds of property he had sold Bishop Cannon listed "houses and lots, timber stumpage, coal, cotton and bank stocks and stocks and bonds listed on the New York Stock Exchange." He said other brokers of his were his personal acquaintances, Col. John P. Branch and Langbourne M. Williams of Richmond, "both Christian gentlemen...
When, last fortnight, J. P. Morgan & Co. announced a merger of three potent New York State power companies (TIME, June 24), only New York Staters were deeply interested. When, last week, final approval of the long-pending merger of Continental Oil and Marland Oil companies was interpreted as first step in a national Morgan oil corporation, public interest was wider but still quiescent. But also announced last week was a Morgan-managed merger of Fleischmann Co., Royal Baking Powder Co., and E. W. Gillett, Ltd.* At that the country sat up and took sharp notice...
...merger was arranged by a committee consisting of Morgan-Partner Thomas Cochran, Fleischmann President Joseph C. Wilshire, Board Chairman Max C. Fleischmann, Royal President William Ziegler Jr. Mr. Wilshire will be president of the new company. The directorate will include Morgan-Men William Ewing and Henry P. Davison. The Morgan interest in the merger was accented by the personal friendship long existing between Morgan-Partner Cochran and Major Fleischmann, and by the Morgan ownership of a considerable portion of Fleischmann stock (estimated at 400,000 shares) purchased...
...Money from this, as from other A. P. C. sales, reverted to the U. S. Treasury. A recently passed law refunds 80% of the purchase price to original "enemy owners." The remaining 20% will be returned when final settlements under the Young Plan are made...