Word: trust
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Dates: during 1940-1949
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...steelmen fired back. Their stand: the U. S. has plenty of capacity already, and if it hasn't, let civil needs be curtailed, the supply rationed. They cited one of their tribal elders, Cleveland Trust Co.'s economic essayist Colonel Leonard P. Ayres, who has turned up as chief statistician of the War Department, and who last month told the Cleveland Chamber of Commerce that in most cases erection of new plants or additions should be avoided if possible. Last week they found further support in an unexpected quarter: C. I. O.'s Philip Murray. Charging that...
...shrewd Wall Streeter watched with interest, figured it would soon be the turn of the unlisted items. How could they be turned into dollars? He had a plan. His name: Cyril J. C. Quinn. His address: Wall Street's $42,590,000 Tri-Continental Corp., an investment trust affiliated with the late Earle Bailie's banking house of J. & W. Seligman...
...Quinn went to Washington to call on late Boss Bailie's good friend Henry Morgenthau. When he told him about his idea, Morgenthau decided it fell into SEC's bailiwick, called over Jerome Frank, who took along his stock-market regulator, Ganson Purcell, and his investment trust muckraker and regulator, cigar-rotating, handball-playing David Schenker. When Quinn laid the idea on the table, Frank quickly recognized it as one of his fondest...
...legal profession and the general public, currently offered by the Law School. Subsequent lectures in the series will be: February 5, "Dispositions of Property: The Use and Drafting of Class Gifts," by Amirow J. Casner, professor of Law: February 12. "Dispositions of Property: The Use and Drafting of Trust Provisions," by Austin W. Scott, Dane Professor of Law; February 19. "Dispositions of Property; The Influence of Taxation," by Erwin W. Griswold, professor of Law; and March 5, lecture by Professor Harold N. Haselline, of Cambridge University, England now doing research at Harvard...
...these are signs of Jesse Jones's tact, they do not obscure the facts of who is in control. The banking patronage, for example, is split several ways: some to Manhattan's Chase, Chemical and City Banks, some to Trust Co. of Chicago, but the cream to Chicago's Continental Illinois, which gets the trusteeship for the first-mortgage bonds. Chairman of Continental Illinois is Jesse Jones's appointee Walter Joseph Cummings...