Word: raskob
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Dates: during 1930-1939
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Early in 1929 John Jacob Raskob, to revive the defeat-shattered Democracy, put Mr. Shouse in charge of the party's Washington headquarters. For three years Democrat Shouse directed an effective drumfire of criticism upon the Republican administration. He, more than any oilier individual, was responsible for the fact that the House went Democratic after the 1930 election. G. O. Partisans blamed him for what they called the ''Smear Hoover" campaign. A Raskobite, he was eclipsed by the rise of the Roosevelt candidacy, denied the permanent chairmanship of the Chicago convention (TIME, July 4 & n). Politically jobless...
...light your cigar on a star up here," cried Alfred Emanuel Smith, proud because he was showing off his building to Jean Cardinal Verdier, Archbishop of Paris. Then, during luncheon with John Jacob Raskob, Editor Michael Williams of The Commonweal, Jeweler Pierre C. Cartier, President John S. Burke of B. Altman & Co., Banker Robert Louis Hoguet and others, Cardinal Verdier admired the view...
John Jacob Raskob sold his million-dollar estate "Archmere" on the Dela ware River at Claymont, Del. to the Premonstratensian Fathers of St. Norbert College, Depere, Wis. A show place with a palatial manor house in which are five nurseries, the property will be made into a boys' preparatory school, named Archmere Academy. For a year the Raskobs have resided at their Centreville, Md. place. There the family occupies "Heart felt Hall." On the outside, beneath the window of each of the twelve children's rooms, is a medallion bearing the likeness of the occupant. The guest house...
First Day, Ominous calm marked the first day's session at the Stadium. Beneath the Republicans' bunting, flags and Washington pictures, the gallery audience was only slightly larger than that which attended the G. 0. P. meeting. National Chairman Raskob, often accused by Republicans of trying to "smear Hoover," got a titter when he said he had looked up "smear" in the dictionary and found it meant "to anoint a dead body with sacred oil before burial." Commander Evangeline Booth of the Salvation Army prayed. Mayor Cermak rumbled a speech of welcome which soon descended to a partisan harangue. Then...
Gently reminding the Committee, now generally sympathetic, of its objective, Witness Raskob observed: "I have always been long of stocks. . . . Nevertheless, I think that short-selling is a perfectly legitimate thing, though it may have been terribly abused. And I believe that if the American people had been more familiar with it ... during the boom our conditions would not have become so bad. Short-selling has its place and a very good place...