Word: raskobs
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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...
Senator Glass marveled that Witness Raskob had lost so much money by retaining his holdings: "Was this money all yours...
...replied Witness Raskob gravely...
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...