Word: traylor
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Meanwhile in Chicago a similar group had gathered in the Federal Reserve Bank: Melvin Traylor (First National). Stanley Field (Continental Illinois), Philip Clarke (City National), Solomon Smith (Northern Trust), Howard Fenton (Harris Trust), Charles G. Dawes and their fellows. Theirs were similar problems: $350,000,000 had been drawn from the Chicago banks in two weeks, much of it by banks in neighboring territory where the banking disease was bad. Governor Henry Horner of Illinois sat with them till 5 p.m., then retired to the Congress Hotel to sleep. At 1:45 a.m. he was aroused by telephone and taxied...
Melvin Alvah Traylor, president of Chicago's First National Bank, on the stand only six minutes, testified that his bank, too, had defeated the intent of the Illinois law. but he said that the loans were amply secured...
Next man on the Treasury list is Melvin Alvah ("Mel") Traylor, president of First National Bank of Chicago. Banker Traylor's appointment would be satisfying to Kentucky where he was born in a log-cabin 54 years ago, to Texas where he got his start as a grocery clerk and smalltown banker and to Illinois where he reached, with dignity and without greed, the front rank of his vocation. A precedent in his favor: Lyman Judson Gage stepped out of the presidency of the First National to become McKinley's Secretary of the Treasury...
...With hair and eyes brown, smile quick and crinkly, language frank and occasionally profane, "Mel" Traylor has political "it." At the national convention he got 42! votes for the Presidential nomination. Because he is easy, informal, likable, all Chicago wants to see him in the Cabinet. On paper his qualifications look ample. He knows the theory and practice of banking from the cashier's cage to the board room. He helped set up the Bank for International Settlements at Basle. He took a large hand in forming National
...about my being a bouncer. There's nothing to bounce around here except pieces of meat. I'm manager here. . . . Can't tell you my salary but it's a lot more than $15 weekly. Why that wouldn't buy cigars." Democrat Melvin Alvah Traylor, crinkle-eyed president of Chicago's First National Bank, sometimes mentioned for the Treasury portfolio if Franklin D. Roosevelt is elected, by mistake received an invitation to lunch and hear Secretary of the Treasury Mills orate for President Hoover. Asked to return the invitation, Banker Traylor smiled, declined...