Word: wiggin
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Dates: during 1930-1939
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Albert Henry Wiggin, retired governing board chairman of Chase National Bank, sailed for Europe last week to tackle once again the prickly problem of Germany's short term loans. Before leaving he gave an out-of-the-ordinary going-away party: a private view before the public exhibition of his collection of Forain paintings, etchings and lithographs. John Pierpont Morgan attended. So did John Davison Rockefeller Jr., Adolph Ochs, Ogden Reid, Owen D. Young, Nicholas Murray Butler, Paul Cravath, Arthur Curtiss James, Arthur Brisbane, Lily Pons. There...
...Carlisle Abell '35 will follow him. H. S. Derrickson '35 and J. A. Curtis '34 will be the other two members of the quartet. The two-mile relay team will be made up of E. F. Bowditch '35, L. J. Rosen '36, J. U. White '34, and John Wiggin '33. The team has been weakened by the unexpected loss of H. F. Kollmeyer '33 who promised to be a star. Although examinations do not permit regular workouts. Coach Farrell expects the Crimson to make a good exhibition Saturday...
Leading off his letter to the directors by recording his age at his next birthday, just as Albert Henry Wiggin of the Chase National Bank had done the week before, Banker Reynolds stated that he had had "no freedom from business responsibility" since he was 15, that he wished to spend his last years in California with his wife. He will continue as a director but will resign as chairman of the Chicago Clearing House and of bank-bailing National Credit Corp., now entirely supplanted by the R. F. C. A portly, white-haired gentleman, George Reynolds once declined President...
...Albert Wiggin has been a quiet banker. His pronunciamentos have been singularly few. Famed for joviality, hard work, long hours, he is a director in more than 40 corporations, often attends 16 meetings in one day, keeps four secretaries on the jump. His favorite game is poker, which he plays with a fierce intensity. His good golf is best when he is behind. For the locker-room he has a vast fund of anecdotes. Innumerable people "Al" Mr. Wiggin. Even usually sardonic Financial Editor Carlton A. Shively of the New York Sun confessed last week: "The grief shared...
...Wiggin has never been known as a hard banker like President William Chapman Potter of Guaranty Trust Co., but he saw to it that his bank was ready for the 1929 stockmarket crash. Last week, in acknowledging Mr. Wiggin's letter, the executive committee revealed that in October 1929, Chase had less than $1,000,000 in brokers' loans. In the week of the panic, while frightened outside lenders were scrambling to call their Stock Exchange loans, Chase expanded its loans $373,000,000. It was National City Bank's Charles Edwin Mitchell, a rampant, bull...