Word: trusts
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Dates: during 1920-1929
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...which no man, I do not care a rap who he is, should be silent. It will be the issue in the next Senate, when the fight for Boulder Dam will be up again. No man on earth is so sacrosanct but that his position on the Power Trust and Boulder Dam should be made plain to the people of the United States...
...years to have the Federal Government block up the Colorado River with the Boulder Dam (between Arizona and Nevada) and give Los Angeles a bigger & better water and power supply. They also knew that the Issue forecast by Senator Johnson is against what is commonly called the Power Trust, meaning the potent, propagandizing private interests who have sought to prevent the erection of a Federal project on the Colorado...
This conclusion, if correct, constituted one of the week's large pieces of news. Nominee Hoover is the heir of the Coolidge Administration. The Coolidge attitude on Boulder Dam has never been positively known. Toward the so-called Power Trust, President Coolidge has not, however, been cold. He pocket-vetoed a Muscle Shoals measure calling for Federal instead of private operation. He chose for Secretary of the Interior and ex-officio member of the Federal Power Commission, a man, Roy Owen West, who has long been the friend and frequently the employe of Samuel Insull of Chicago, the most...
...confused with the Association Against the Prohibition Amendment, of which the President is Major Henry Hastings Curran of Manhattan; of which Charles H. Sabin of Manhattan, board chairman of the Guaranty Trust Co., last week, became treasurer. The A.A. P. A. acquired six new directors last week: Financier Henry Morrell Atkinson of Atlanta, Industrialist Lammot du Pont of Wilmington, Clarence H. Geist of Philadelphia (public utilities), Banker David M. Goodrich of Manhattan, Lawyer Gerald Hughes of Denver, Financier Samuel Mather of Cleveland...
...loans, fixing a minimum amount to be lent. Corporations countered by throwing an additional $36,913,000 on the call loan heap. Cried Charles Edwin Mitchell, president of the National City Bank: "It is a dangerous and unhealthy trend." Said able Vice President Francis Hinckley Sisson of the Guaranty Trust Co: "This is one of the by-products of prosperity with which we have not learned to dal." Warned the wise Cleveland Trust Co.: "Clearly a reform is needed in New York banking practice." Screamed the financial writers, sensationally: "Boot leg Loans! Outlaw Banking!" Depressed, discouraged, the bond market fell...