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...year later, he was made cashier, three years later Vice President, and in another year more President?at age 32. The way he increased the bank's business was so marked that it soon had to move to larger quarters. Its lease had two years to run, and so Davison organized the Bankers' Trust Co. to fill the vacant quarters. Today it is the largest trust company in America...

Author: /time Magazine | Title: POLITICAL NOTES: Crime Chairman | 8/24/1925 | See Source »

...conjecture what their reasons were: Here is this young Assemblyman, F. Trubee Davison. He is not of the ordinary run of local politician. No indeed. He is in politics more after the old British fashion?by which a distinguished family sends one of its sons into public life. What is more, he is able. He ought to be. Look at his father...

Author: /time Magazine | Title: POLITICAL NOTES: Crime Chairman | 8/24/1925 | See Source »

...Place Bank) and by sheer persistence worried its cashier into giving him a job. He was paying teller of that bank when he had his first experience with crime. A man came in with a check for $1,000 made out to God Almighty. He pointed a revolver at Davison's head and demanded the money. Davison read the amount aloud, and began to count out the money in a loud voice. Before he had finished, the bank detective had arrested...

Author: /time Magazine | Title: POLITICAL NOTES: Crime Chairman | 8/24/1925 | See Source »

Then George F. Baker got his eye on Davison and induced him to become, at 35, his right-hand man, Vice President of the First National Bank. Then came the panic of 1917. Davison was one of the bankers whom J. P. Morgan rushed around to in the dark days. Next year he was made adviser to the National Monetary Commission. Then one day in the fall of 1908, J. P. Morgan called him into his library and announced that he was to become a partner in J. P. Morgan & Co. During the War, President Wilson called upon...

Author: /time Magazine | Title: POLITICAL NOTES: Crime Chairman | 8/24/1925 | See Source »

...difficult to write intelligently of a friend, more difficult to write of a friend who is as straightforward as is Davison, for his character, like that of most strong men, is clear and without picturesqueness, except such picturesqueness as always results when a man is ready to fight a clean fight well. Like his father, he has a keen sense of humor and a love of human beings. His understanding of their foibles and difficulties is extraordinary, and his assumption of many duties has been his only danger. He likes to aid whenever he can, and night and day devotes...

Author: /time Magazine | Title: POLITICAL NOTES: Crime Chairman | 8/24/1925 | See Source »

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