Word: smalling
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Dates: during 1920-1929
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...interests of a great part of the Northwest are united in it. President is George Harrison Prince, head of First National of St. Paul, native of Amherst, Mass., but acquainted with northwestern banking from the ground up. Now 68, he has spent 50 years of his life in the small and large banks of Minnesota. Vice President is Lyman Wakefield, head of First National of Minneapolis. The list of directors, incomplete last week, is to include the presidents of seven railroads. Chairman of the Board is Clive T. Jaffray, President of the SooLine (previously president of the First National...
...foundation of this large bank chain is not to be confused with the type of bank merger which goes on in large cities. In the typical example of the latter, a large bank buys up one or more small banks, absorbs them in its corporate structure. The offices of the absorbed banks become branches of one central bank. The operation of such a merged unit is called branch banking. The Twin City organism will practice not branch but chain banking. These two types of banking are not only quite distinct, they are considered by some to be opposed, and there...
Both these systems have obvious advantages and disadvantages. If you are a small country banker who does not want to be swallowed up by a large bank, you will probably see that a chain bank remains a local bank with the interests of its neighborhood at heart; that branch banking is likely to result in financial monopoly; that incompetence or dishonesty in a few high places can ruin a whole branch banking system. If you are a large city banker wishing to expand, you will very likely see that a branch bank can be of more assistance in time...
...small institute of landscape architecture sponsored by the Garden Club of Lake Forest, has grown a Foundation for Architecture and Landscape Architecture. The late Edward Lamed Ryerson. steel & iron man, left money for the movement. Active as officers are Walter Stanton Brewster (broker), Tiffany Blake (Chicago Tribune editorial writer), Alfred E. Hamill (Hathaway & Co., paper), Mrs. John E. Geary (North Shore clubwoman). Director is Stanley Hart White, associate professor of landscape architecture at the University of Illinois. Students are picked yearly from the architectural schools of five Midwestern institutions-Iowa State College, the universities of Ohio, Michigan, Illinois, and Armour...
...Life (Paramount). When Arthur Hopkins and George Manker Waiters wrote the play Burlesque, they somehow extracted, the maximum amount of sentimentality from a story which was even then not altogether new but which became for the first time extraordinarily successful. How a loyal dancing girl forced her alcoholic, small-time husband into a big part, how she stuck to him when good luck made him forget her, how she bucked him up in failure, was immediately used with variations as a theme for so many pictures that it was hard to believe that Paramount's delayed production...