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...which will function for the combined institutions. The merger appears to have swallowed up 49-year-old Stevenson Ward, Commerce president, who figures in the merged bank only as one of a long list of directors. Morgan influence in Guaranty-Commerce is emphasized by the appointment of Thomas William Lament as chairman of the Executive Committee. In some quarters Mr. Lament (whose Morgan label alone prevents him from being entitled foremost U. S. banker) is credited with having virtually arranged the Guaranty-Commerce merger before sailing for Europe to serve on the Reparations Committee...

Author: /time Magazine | Title: Business & Finance: Banks Bigger | 3/11/1929 | See Source »

Behind the recurring cry against the college press for its paucity of sound opinion on college subjects there is a false assumption which weakens the claim. If educators, magazine writers and college editors themselves lament the lack of judgment displayed by undergraduate journals in a crisis, they are assuming that the opinion of student editors has a definite value. It is a rare thing for the opinion of a student editor to be worth more than that of any undergraduate, and this latter kind of opinion is worth very little...

Author: NO WRITER ATTRIBUTED | Title: FACT, FANCY AND OPINION | 3/2/1929 | See Source »

...subtle metamorphosis has come to pass since 1914. Not often or loudly, nowadays, is the House of Morgan called sinister or arrogant. Among men generally credited with helping this change is Thomas William Lament, who became a Morgan partner in 1911. But even more credit has gone to Dwight Whitney Morrow...

Author: /time Magazine | Title: HEROES: Lindbergh-Morrow | 2/25/1929 | See Source »

...include George B. Everitt, president of Montgomery Ward and James Simpson, president of Marshall Field. The present Marshall Field conducts the investment house, Field, Glore & Co., which financed the issue. Industrialists on the new board include Sewell L. Avery (U. S. Gypsum), Edward F. Carry (Pullman Co.), Robert P. Lament (American Steel Foundries), George A. Ranney (International Harvester), B. A. Eckhart (Eckhart Milling Co.). The new corporation will function under one of those broadminded charters which have made the State of Delaware a financial Gretna Green. Chicago Corp.'s directorate will be virtually unrestricted in its choice of investment...

Author: /time Magazine | Title: Business & Finance: Chicago Corp. | 2/25/1929 | See Source »

Present was Thomas W. Lament, partner of Mr. Morgan, and designated as his alternate. Absent was Thomas Nelson Perkins, designated by Mr. Young as his alternate. In significance and setting, the scene may be likened to an audience with Cesare Borgia or Lorenzo the Magnificent. Unfortunately for the dramatic effect no one was poisoned...

Author: /time Magazine | Title: INTERNATIONAL: Morgan Accepts | 1/28/1929 | See Source »

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