Word: trusts
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Dates: during 1920-1929
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Princeton, N. J., June 18.--With the gift of $250,000 from T. N. McCarter, President of the Red Bank Trust Company of Newark, which was announced tonight after the first act of the Princeton Triangle Club's show in the gymnasium, the desire to make possible the erection of a well equipped theatre has been realized. Added to more than $100,000 which has been saved by the Triangle Club from its 36 annual shows, the gift will build and equip the new theatre...
...spending one cent, without making an investment of any kind, the New York bankers have taken absolute control of Nicaragua. Its transport system, its currency and credit and, by those means, the government of Nicaragua itself, is in the hands of J. & W. Seligman & Co. and of the Guaranty Trust Co. of New York...
...Toribio Tijerīno, onetime Nicaraguan Consul General at New York, recalled last week to Manhattan newsgatherers the fl, 1,000,000 loan negotiated between the present Nicaraguan Government (upheld by U. S. marines) and the Manhattan firms of J. &. W. Seligman & Co., and the Guaranty Trust Co. (TIME, May 16). Said Señor Tijerīno: "The loan contract was entered into with the knowledge and approval of the State Department of the United States...
...majority position on the boards of the National Bank of Nicaragua, Inc., and the Pacific Railways of Nicaragua, Inc., a position which they allegedly made use of to transfer some 3,500,000 of funds belonging to these institutions from the Royal Bank of Canada to the Guaranty Trust Co. and J. & W. Seligman & Co. Upon these deposits, Señor Tijerīno; alleged that only 2% and 2½% interest is being paid...
...given them again an hundredfold. To a greater or a lesser degree they have begun to grow up. At the moment of departure there may be in the heart of the man who leaves the College doubt of his own power, even among the manifestations of trust and the symbols of early success. Conquest of this doubt and proof of power lies in a future of uncertainty and difficulty...