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...only adventure in politics up to that time had been his appearance as an Alaskan delegate at the 1920 Democratic convention which nominated James M. Cox and Franklin Roosevelt. In 1928 he appeared in John J. Raskob's waiting room carrying a brief case full of figures, but that Democratic National Chairman was much too preoccupied to see the hefty young amateur. Hurja's service in that campaign was limited to a few menial political jobs performed for the late Terence F. McKeever, Tammany district leader. By 1932 Hurja knew his way around Wall Street better. Among...

Author: /time Magazine | Title: POLITICAL NOTES: Roosevelt, Farley & Co. | 3/2/1936 | See Source »

Biggest single outlay: $36,750 salary and $18,000 expenses for cold-eyed President Jouett Shouse. Biggest single item of income: a $79,750 "loan" from Irenee du Pont. League lenders in the $10,000 class included Lammot, Pierre, S. Hallock and William du Pont, John J. Raskob, Alfred P. Sloan Jr., Ernest T. Weir, Joseph E. Widener, all good haters of the New Deal. In the $5,000 class were Phillips Petroleum Co. and Edward F. ("Let's Gang Up") Hutton...

Author: /time Magazine | Title: National Affairs: League's Lenders | 1/13/1936 | See Source »

...that was three times too many." Next year he ditched the Democratic ticket to back rich, reactionary, Republican Ogden Mills unsuccessfully against Governor Smith. In 1928 Presidential Nominee Smith was viciously cartooned in the Hearst press as the political consort of "Diamond Lil" Democracy, aglitter with John J. Raskob's vulgar diamonds. To climax the feud Publisher Hearst in the 1932 Chicago convention swung his Garner delegates to Franklin D. Roosevelt thus insuring the latter's nomination. Muttered deeply disgruntled Democrat Smith: "As long as Hearst and McAdoo are running the Democratic Party, I don't want anything...

Author: /time Magazine | Title: POLITICAL NOTES: Publisher on Presidency | 9/9/1935 | See Source »

This week in Virginia City merger of four of the most fabulous Comstock mines will be broached-Ophir, Mexican, Andes and Consolidated Virginia. Only "Eastern interest" to admit his connection with the deal was John Jacob Raskob, identified in the local Press as a "New York contractor." With his wife, the onetime Democratic National chairman was at nearby Lake Tahoe...

Author: /time Magazine | Title: Business & Finance: Smart Silver | 7/29/1935 | See Source »

Though the money for modernizing the Comstock mines was reported to be in the hands of a "Raskob-Baruch-Pittman" group, both Nevada's Senator Pittman and Bernard Baruch denied any financial interest. However, the Silver Senator admitted that he was advising Mr. Raskob as counsel...

Author: /time Magazine | Title: Business & Finance: Smart Silver | 7/29/1935 | See Source »

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