Word: plum
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With neutral shipping at a Wartime premium, Denmark's Plum created Det Danske Transatlantiske Dampskibs-Sels-kab (Danish Transatlantic Steamship Corp.). Part of the huge profits he used after the Soviet Revolution to finance the anti-Bolshevist campaigns of "White Russian" General Yudenitch and Admiral Kolchak. Their failures cost him dear. In 1924 his Trans-Atlantic Corp. crashed for a stupendous loss to shareholders in which the Danish Landmansbank alone dropped 200,000,000 kroner ($53,600,000). Incensed, the Danish Government started to probe Plum...
...probe was never completed. Plum celebrated his escape with a statue. Grotesque, it rises on Plum Island, symbolically depicting the God Thor victoriously wrestling with demons of the underworld...
...last week Harald Plum, wrestled less successfully with his nerves. His butter companies (Crown Butter and Le Brun) were, he knew, verging on insolvency, due to too great and rapid expansion. More than once in such crises Harald Plum had fiddled with the pistol which he always kept at hand. He claimed that the touch of cold steel soothed him, reminded him that his first millions were made in guns. Last week the pistol went off and Harald Plum crumpled, wounded but not dead...
...shot came a few minutes before banks were due to open. That morning the doors of Plum's comparatively small Folkebank (capital $1,600,000) remained locked. Cousin Bretteville Plum, the bank's Managing Director, scouted the police theory that Tycoon Plum had intended to commit suicide. Stock of the Folkebank dropped only 15 points. Hours dragged by, with Plum the Great unconscious...
Soon the Nordisk Trust Co.-exclusively financed by U. S. capital of Danish-American extraction-also suspended payments. Nordisk is a heavy shareholder in Folkebank, which in turn has large holdings in Crown Butter and the other Plum butter company, Le Brun...