Word: two
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Dates: during 1920-1929
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Lincoln, capital of Nebraska, has two claims to esthetic distinction: 1) Its capitol building, last work of the late great Architect Bertram Grosvenor Goodhue, is surely a piece of the world's greatest modern architecture. 2) Its symphony orchestra exists unaided by great-hearted guarantors and, miraculously, without deficit. Last week the Lincoln players gave the first concert of their fourth season. Again Rudolph Seidl, onetime oboist in the Minneapolis Symphony, conducted his 40 colleagues, all of whom receive union wages. Again there will be given four Sunday afternoon concerts sponsored by the junior division of the Lincoln Chamber...
These early troubles surmounted, Mr. Mitchell enjoyed many a successful year, during which, under his presidency. Na- tional City Bank became first a billion dollar, then a two billion dollar, institution. Within the past year, through its merger with Farmers' Loan and Trust (TIME, April 8) and the all-but-ratified merger with Corn Exchange Bank (TIME, Sept. 30) the Bank reiterated its position as greatest U. S. bank, became greatest world bank. Now Mr. Mitchell, who used to say that he was too poor to eat at Child's, instead, for reputation's sake, fed at expensive hotels, could...
Causes of this undermining were: 1) Warnings from the Federal Reserve Board and other prophets of disaster?warnings which, scoffed at when given, nevertheless filled the Market with a conviction of sin. 2) A period of almost two months (since the Babson Break early in September) in which it had taken strychnine-injections to push quotations ahead. The September slump (currently almost ignored in favor of the peculiar theory that the Market crashed without warning) was of tremendous importance in its indication that a Market which could survive only by constant rises had reached the limits of its climb...
...Two weeks ago George Hannauer, late President of the Boston & Maine, died of heart failure while watching the Yale-Dartmouth game. Last week the B. & M. elected Board Chairman Thomas Nelson Perkins, Harvard Fellow, as acting President. Mr. Perkins has been an outstanding lawyer in Massachusetts for some 35 years. He was the first American member of the Reparations Commission, and in the Reparations Conference last spring he was alternate to Owen D. Young. That he is a Boston aristocrat does not weigh too heavily on his shoulders. He is noted for his democracy and humor...
...voiced Patrick Edward Crowley of the New York Central; behind the second sits energetic Daniel Willard of the B. & O.; behind the third sit the chubby brothers Oris Paxton and Mantis James Van Sweringen. On each of the three Boards a different consolidation game is being played. Last week two bold moves were made on the Van Sweringen board. Master Atterbury made the first when he captured a valuable pawn, the Pittsburgh and West Virginia. His Pennroad Corp. bought for $50.000,000 from Frank E. and Charles E. Taplin the controlling interest in the road. The loss of this...