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...known to exist in Bank of the United States. In 1913 this bank was formed in Manhattan's lower East Side. By 1928 it had grown one thousand-fold without a merger. Then, after Goldman Sachs Trading Corp. acquired a large block of its stock, it began to whirl through a period of expansion. Since May 1929 it has lost one-fourth of its deposits; its shares have tumbled from $91 to $13. Recently it has been understood that officials in Washington have been closely watching its affairs, perhaps anxious that no harm should befall a Manhattan bank whose...

Author: /time Magazine | Title: Business: Billion-Dollar Bank | 12/8/1930 | See Source »

...submitted in English A. Mr. Balch called attention to the imagination brought to bear in a theme about the Great Emancipator, by a Freshman Gamaliel Bradford who wrote, "Abe Lincoln, his big feet more than filling the shoes of his weak-kneed predecessor, Buchanan, stepped into that gay, social whirl of guile and graft at Washington with a threatening warcloud darkening the Southern horizon." Another budding historian explained that "Queen Elizabeth was by this time firmly entrenched on her throne...

Author: NO WRITER ATTRIBUTED | Title: English A Instructor Reveals "Howlers" Culled From Work Of Freshmen--One Urges Students, "Fight for Alma Martyr!" | 10/27/1930 | See Source »

...will be unlimited in its scope in aeronautics. In other words we shall be interested both in engines for aircraft and in aircraft themselves," said Researcher Lawrance. To Mr. Lawrance, famed as the man who has done most to develop air-cooled engines and as father of the Wright Whirl wind, the new arrangement is really a return to laboratory and workbench. As a youngster at Groton, school for rich men's sons, Charlie Lawrance neglected his language classes in favor of mathematics, started building an automobile. As a Yale freshman in 1901 he and a class mate...

Author: /time Magazine | Title: AERONAUTICS: The Industry | 10/6/1930 | See Source »

...article for the August American Magazine: "If you're a visitor in our home, you may look to see me kiss her [Mrs. Nellie Grossman Guest] good-bye in the morning and kiss her again when I come home at night. I'll give her a hug and a whirl around the room and ask her how the day has gone...

Author: /time Magazine | Title: People: Jul. 28, 1930 | 7/28/1930 | See Source »

...water (between 79-86° F. in tropical seas) in a boiler, reduce the pressure and set it to boiling? Cold water could be brought up from 5,000 ft. below the sea's surface to condense the exhaust, maintain the vacuum. The cheap steam thus generated would whirl turbines, make electricity...

Author: /time Magazine | Title: Science: Claude in Cuba | 6/23/1930 | See Source »

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