Word: partnership
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Dates: during 1930-1939
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Bushy-maned President John Llewellyn Lewis made a graceful bow to the "partnership" between Labor, Capital and Government. He told his men that, although he would ask for a 30-hour week (coal code maximum: 40 hr.) and higher pay when new labor contracts are discussed with bituminous operators in Washington Feb. 12, the miners would be "in a mood of cooperation, conciliation and constructive contribution...
Born into a family of nine children at Milton Junction, Wis. 46 years ago. Banker Crowley got his start as a grocery clerk in nearby Madison, rose to a partnership in a wholesale paper house, finally became president of the Bank of Wisconsin. After his bank was absorbed by the Wisconsin Bankshares Corp., he retired to public life. For his good works in the Catholic Church he was knighted and awarded the Cross of St. Gregory by Pope Pius XI. He was confidential adviser to Governor Schmedeman when the Governor was Madison's mayor, followed him into the capitol...
John Adams was President of the U. S. when Jacobus Roosevelt opened his Manhattan hardware store in 1797. The hardware business flourished despite the yellow fever that plagued the city the following year and Jacobus Roosevelt took his son Cornelius into partnership. In the course of business Roosevelt & Son found it expedient to discount its customers' notes. Before long it began discounting notes of other hardware merchants. By 1824 the prospering Roosevelts were able to take a hand in founding the Chemical Bank (now Manhattan's potent Chemical Bank & Trust Co.). By 1845 a biographer, rating the Roosevelt...
Wall Street wags last week insisted that the only reason the House of Morgan took in no new partners on Jan. 1 was that the firm could find no one who would join. The Senate Banking & Currency investigation, they said, had stripped all glamour from a Morgan partnership. But admittance of a new Morgan partner is by no means an annual event. Last one to sign the articles of copartnership was Charles Denston Dickey two years...
Several dozen other provisions were aimed to plug up means of avoiding taxes by reorganizations, partnership losses, etc. Annuities would be taxed on a flat 3% basis; income tax deductions for estate and gift taxes would be disallowed; losses on sales of property to members of one's family would be ignored for tax purposes...