Word: walls
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Dates: during 1930-1939
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...last week was very careful in taking its stance for its Dec. 15 financing. What it wanted was not just $950,000,000 in new money, but, more important, a vote of confidence in the Government's credit. Acting Secretary of the Treasury Morgenthau turned to his new Wall Street-trained assistant Earle Bailie and they adopted a simple device. Wall Street expected the Government to offer one year Treasury Certificates bearing 2% interest. Instead the Treasury made the rate 2¼%. Result: the subscription books were able to close on the evening of the day they opened...
...London, a brisk controversy sprang up between the rectors of All Hallows-on-the-Wall and St. Andrew-by-the-Wardrobe, two of the 47 churches in the City. Rector Sanders of All Hallows-on-the-Wall urged that all but four or five City churches be closed on Sunday. "On a recent Sunday," he exclaimed, "my congregation consisted of half a dozen adults and a small party of Girl Guides!" But Rector Sankey of St. Andrew-by-the-Wardrobe disagreed, said that all City churches should be "red hot missionary centres for the conversion of London...
When his great fresco for Rockefeller Center was rejected, paid for and boarded up (TIME, May 22), Diego Rivera took his $14,000 and offered to reproduce the subject free for any one who would give him wall space. The New Workers took him up.* But since Communist workers have no walls to match those of the Capitalist Rockefellers the original scheme had to be dropped. What Artist Rivera made instead was a cartoon strip, a panorama of civilization in the U. S. as seen through Communist eyes from the landing of the Pilgrims and the liquidation of the Indians...
Oldest of New York dailies, the Evening Post, founded by Alexander Hamilton in 1801, has changed hands many times. The last time was in 1923 when white-thatched Cyrus Hermann Kotzschmar Curtis, richest of U. S. publishing merchandisers, marched up from Philadelphia and bought it from a Wall Street syndicate which had acquired it only the year before from Morgan Partner Lamont. For years the Evening Post, for all its fine tradition, had been a money-loser. Briefly after 1923 it looked as if Publisher Curtis might succeed where Wall Street had failed. Through Son-in-law John Charles Martin...
Author Robert Winsmore is middleaged, fat, a member of the Author's League of America, Inc. He has contributed stories to the Post for the last five years. Author Gardner is in his early thirties. He began to write in the summer of 1931, after a training in Wall Street. "On a Lady's Advice" was his first story for Collier's. Last week Author Winsmore brought a plagiarism suit against Author Gardner and Collier's for $100,000 on the grounds that "the infringing story has ruined his market for that type of story...