Word: parente
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Dates: during 1930-1939
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...Reform believing that Recovery, with all the advantages he had planned for it, must inevitably grow. But seeing it still lagging after nearly two years' time he realized that the advantages given Recovery by its nurse, the Government, were not enough. He must after all rely on its parent, Business, to look after it. Early this winter Donald Richberg and the President's chief advisors were given to understand that Business was to be encouraged and not squelched when it approached the nursery. That understanding is still in force...
...account of General Motors by Arthur Pound, whose chief point apparently was that General Motors is in business to stay. Last week President Alfred Sloan Jr. confirmed the fact by announcing earnings of $94,769,000 for 1934 as against $83,213,000 for 1933. World sales by the parent company and subsidiaries were 1,240,447 cars and trucks against...
...county-the trial revolved largely around a prospectus which asserted that "the earnings of the group applicable to stock ownership of the Northwest Bancorporation" were $3.20 per share for 1930. The State tried to prove that since earnings of the subsidiary banks were not actually paid to the parent company, the parent company really had no earnings at all; and since Farmer Bosshard bought the stock of the parent company under the impression that it was earning $3.20 he had most certainly been swindled...
...other beneficiaries of Mr. Hill's move would be the bondholders of Tobacco Products Corp. of New Jersey, a. subsidiary of the parent Morrow company. The American Tobacco lease is pledged as collateral for the bonds, which were issued in a reorganization several years ago. Outstanding in practically the same amount as the theoretical value of the lease, the bonds become due & payable the instant Mr. Hill takes up his option...
...most complicated and most involved in railroad history," Mr. Jones ended up with practically all of the Moffat stock in his bulging portfolio of collateral. To "keep in touch with the situation" Mr. Jones put in his own management. Denver & Rio Grande, still legally the parent company, may redeem its Moffat stock when & if it pays off a total of $10,700,000 in RFC loans...