Word: raskobs
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...they could trust his sincerity, Republicans could have found no sager counselor than Charley Michelson. For, as he reminded his readers last week, when National Chairman John J. Raskob hired oldtime Newshawk Michelson as No. 1 Democratic press tactician and speechwriter in 1928, political observers were as ready to inter the Donkey's carcass as they are now ready to bury the Elephant's. "I am really trying to think with a Republican's head," wrote Charley Michelson as he set about planning a resurrection such as he once helped to accomplish...
Last week this old piece of political linen went out on the public line when large Pierre du Pont and small John Raskob trudged into Manhattan's Old Postoffice Building for hearings-Mr. du Pont's to come first-before the Board of Tax Appeals. Both readily admitted that their deal had been solely for tax purposes, but contended that the sales had been strictly bona fide, with each man repurchasing his stock at the market. It was up to the Government to prove that they had broken the law against an "agreement, plan or understanding to repurchase...
...civil proceeding the Board of Tax Appeals then ordered him to pay the evaded tax, amounting to $728,709.84. This week a U. S. Circuit Court of Appeals in Manhattan turned down Bankster Mitchell's appeal from that ruling. Big difference between the Mitchell and Du Pont-Raskob methods of establishing losses was that Bankster Mitchell sold his stock not to a friend but to his wife, who only promised to pay for it and, according to the Court last week, had "no way to meet the obligation...
...last week, Nevada could claim about 500 prosperous "immigrants" to its tax-free Utopia. Aside from such wealthy men as Errett Cord, Caleb Bragg, Sam Harris and John J. Raskob, who became interested in Nevada mining before and during Inflation, the list of permanent newcomers included Major Max C. Fleischmann, director of Standard Brands, famed Santa Barbara sportsman; Lewis Luckenbach (steamships); Arthur K. Bourne (Singer sewing machines); the fourth Earl of Cowley, Christian Arthur Wellesley, who came for a divorce, stayed to marry and settle down with his favorite nightclub hat-check girl. When William Randolph Hearst threatened to move...
This meant. Chairman Hamilton explained, that the "largest permanent headquarters in the Party's history" would soon be opened in Washington. No new strategy was this. It was exactly the course followed by Democratic Chairman John J. Raskob when, in 1928 after Al Smith's drubbing, in spite of a huge Democratic deficit, he opened permanent quarters in Washington, hired Press Agent Charles Michelson and set to work preparing Herbert Hoover's downfall. But there are notable differences: 1) Republicans will have difficulty in finding another Michelson, 2) John Hamilton, unlike John Raskob, has not great personal...