Word: ogden
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...Connor, Comptroller of the Currency, went before the bankers and told them, the names of the two directors who with himself will administer the deposit guarantee law: Walter Joseph Cummings, executive assistant in the Treasury, close friend of William Hartman Woodin, and Elbert G. Bennett, banker of Ogden, Utah. These announcements the polite bankers applauded. And they listened politely when Comptroller O'Connor told them: ''Every depositor has a right to his money. This law makes the theory a fact. It will banish fear in every banker's mind of runs upon his bank. ... Is there...
...protegés, in 1913 was sent as sales manager to Philadelphia, in 1921 to Manhattan, in 1926 was called back to Chicago as a vice president of the company. As he rose Mr. Lee became T. George Lee, following the fashion in nomenclature set by J. (for Jonathan) Ogden Armour and by F. (for Frank) Edson White who succeeded Mr. Armour to the presidency...
...operating profit is handsome but it is wholly inadequate for Armour & Co. In the post-War slump when J. Ogden Armour lost his fortune, Armour & Co. took a terrific beating, emerged from reorganization with a debt of $144.000,000. Its funded debt is still $91,000,000. T. G. Lee could do this simple bit of arithmetic: add to $6,000,000 (interest charges), $4,000.000 (guaranteed dividends on the preferred stock of its subsidiary, Armour & Co. of Delaware) and $7,000,000 or $8,000,000 (for deprecia- tion) and the total makes over $17,000,000 that Armour...
Arnold L. Ogden, executive vice president of Alfred Dunhill of London, class tobacconist (U. S. operating company of Dunhill International, Inc.), last week was made president of the company. In that post he succeeded David A. Schulte (who gives his name to the famed tobacco chainstores) who became chairman...
After this darkness will come the dawn. World trade will revive, under an Air Dictatorship, but national government will remain a thing of the past. Basic English (invented in 1922 by C. K. Ogden) will be the lingua franca of the world. Local coinage will be replaced by the "air-dollar"-valued at one cubic metre weighing ten kilograms and traveling 200 kilometres at 100 km.p.h. By 1965 Wells reaches the bottom of his stocking, triumphantly extracts the Modern World-State as a going concern...