Word: trusts
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Dates: during 1920-1929
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...Rejected the Fess Bill for farm relief, 54 to 26. Passed minor Co-operative Marketing Bill. (See below). ¶ Ordered the Judiciary Committee to inquire into the handling of the "bread trust" cases by the Department of Justice and the Federal Trade Commission. Senator La Follette, son of the late Robert M. ("Fighting Bob") La Follette, has taken up this matter as his first national fight. ¶ Passed the last appropriation bill, the second general deficiency, carrying a total of $44,000,000 with the House approving it the same...
West Palm Beach. The Commercial Bank & Trust Co. closed its doors, thereby stirring up a run against the Palm Beach Bank & Trust Co. It closed also. But the other six banks of the city met all demands. Merchants strengthened the bank situation by guaranteeing their employes' deposits...
...each year. These men gained control of G. L. Miller & Co., a real estate investment house with branches in 20 cities and business connections with some 500 banks. They reorganized the company, appointed as president Luke J. Murphy, onetime executive vice president of the Brotherhood of Locomotive Engineers' Trust Co. of N. Y,, now offer to sell real estate bonds to workers especially. The sales appeal will be less the soundness of the security (which will be presumed) than the assumption that one worker ought to buy from another. The success of such trading on reputation is doubtful...
...Honor crosses (Chevalier) pinned on the chests of their President, King Woodbridge, and their past President, Lou E. Holland. They changed their name from "Associated Advertising Clubs of the World" to "International Advertising Association," re-elected King Woodbridge president, elected Francis H. Sisson (vice-president of the Guaranty Trust Co.) treasurer, Rowe Stewart (business manager of the Philadelphia Record) secretary. They raised the dues of sustaining members to $2 yearly (from $1.50), declared Denver their 1927 convention city, adjourned to a pastoral week-end at the Westchester-Biltmore Country Club. (John McEntee Bowman, who invited them there, was in London...
...three corporations their all-the result a billion dollar grouping of power and light concerns webbing their lines from Ohio through Indiana, Illinois, Wisconsin, Missouri and into Kansas. The man is Clement Studebaker Jr., 55-year-old head of all the Studebaker interests, president of the Studebaker Brothers Trust, chairman of the North American Light & Power Co. which holds among other properties the Illinois Traction System (the longest electric raliway in the world)-manufacturer, financier, "clubman" (he belong to clubs in Boston, Detroit, Manhattan, Chicago). The corporations are: 1) the North American Light and Power Co. of Studebaker (value...