Word: raskobs
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Dates: during 1920-1929
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...Smoot of Nevada; on the ground of men tal cruelty; in Long Beach. Elected. Myron Charles Taylor, Manhattan capitalist (banks, railroads, insurance), finance committee chairman of U. S. Steel Corp.; to be a director of the Metropolitan Opera Company, succeeding the late Manhattan capitalist Ogden Mills. Reelected. John Jacob Raskob of Wilmington, Del., chairman of the Democratic National Committee, as a member of the finance committee of General Motors Corp.* Donaldson Brown of Irvington-on-Hudson, N. Y., was appointed to succeed Mr. Raskob as finance committee chairman. Died. Marjorie Cassidy Baer, 29, of Manhattan, wife of Arthur ("Bugs") Baer...
...I.ast week Mr. Raskob announced his idea for a giant investment trust for small-capital men. Theory: Let a workman take, for example, $200 to the proposed trust. For $200 he would be allowed to buy $500 worth of stock, borrowing the other $300 from a bank or subsidiary company, with his stock as collateral. He would then repay the $300 at the rate of $25 a month. Thus might small-capital men, instead of spending on the installment plan for radios, motors, refrigerators, invest in installments in sound "rich-men's" securities...
Democratic policy is now left to the Democratic Senators who are expected to perform a political miracle equal to Mr. Raskob's financial one by developing harmonious issues as they debate their way through the questions before the Congress. At present, intraparty schisms on prohibition, power, taxation, tariff, farm relief, are nowhere more deep and durable than on the left-hand side of the U. S. Senate chamber...
...United States" (see p. 48). Chemistry Patron Garvan was also among those who have given a scholarship fund ($1,000 annually) to help the Johns Hopkins plan. The scholarships are to be established in every State. Other contributors so far include: Firestone Tire & Rubber Co. (Ohio), Bill Raskob Memorial Foundation (Delaware),* General Motors Corp. (Michigan), Carbide & Carbon Chemicals Corp. (West Virginia). The Edison "Genius Hunt" consists in finding in each State the high school student who has most distinguished himself in scientific subjects during the present school year. In August, Mr. Edison will give the 48 students an examination, will...
...Memorial of John J. Raskob (du Pont interests, General Motors, Democratic National Committee) in memory of his son, who was killed in a motor accident last summer (TIME, July...