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When Chicago politicians capitulated to Silas Hardy Strawn's "Citizens' Rescue Committee" and appealed for $74,000,000 to tide the city over until delayed taxes come due July i, big taxpayers were at first reluctant to buy the city's script. Such temporizing Melvin Alvah Traylor, president of Chicago's First National...

Author: /time Magazine | Title: POLITICAL NOTE: Cash for Chicago | 3/10/1930 | See Source »

...about that than she did last week about whether Germany might default. But the Wall Street crash has raised doubts as to whether U. S. investors can be depended on to hold the German bag-full or empty as the future will reveal. Last week lean, jocular Melvin Alvah Traylor, President of The First National Bank of Chicago, and quiet, thickset Jackson Eli Reynolds, President of First National Bank of New York, were on the Atlantic en route to tell the statesmen at The Hague what can be expected from U. S. investors. Mr. Reynolds was chairman of the Baden...

Author: /time Magazine | Title: INTERNATIONAL: New Big Three | 1/13/1930 | See Source »

...Federal Reserve, which, under Article Twenty, has power to veto any dollar transactions contemplated in any country by the Bank. Getting this clause adopted was the major triumph at Baden-Baden of the two U. S. representatives, short, stocky Jackson Eli Reynolds and lanky, drawling Melvin Alva ("Mel") Traylor, presidents of the First National Banks of New York and Chicago, respectively...

Author: /time Magazine | Title: Foreign News: Signed & Sealed | 11/25/1929 | See Source »

...Schacht, usually the closest oyster at any conference. Perhaps in irritation the newshawks made little of the fact that Mr. Reynolds went straight from Baden-Baden to Paris for a conference with representatives of the House of Morgan. The reporters favored instead as prospective chairman Chicago's drawling "Mel" Traylor...

Author: /time Magazine | Title: Foreign News: Signed & Sealed | 11/25/1929 | See Source »

Born of mountaineer stock at Breeding, Ky., lanky, humorous "Mel" Traylor also went west, to a two-fisted section of Texas, where he clerked by day, studied law at night and in 1909 became president of the First National Bank of Ballinger...

Author: /time Magazine | Title: INTERNATIONAL: Charter Men | 9/23/1929 | See Source »

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