Word: pooling
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Conspicuously first-in-line for a Federal loan was Wabash Railway, ineligible for help from the railroad credit pool as it went into receivership before the pool was established. Wabash had $5,000,000 worth of securities. On this collateral it wished to borrow $18,500,000. Though R. F. C. ruled that no application or loan shall be made public, the Wabash plea became known through the Federal court handling its receivership...
...National Credit Corp., privately financed at President Hoover's instigation last October to advance up to $500,000,000 to shaky banks, announced from Chicago that his agency would gradually cease operations when R. F. C. got into its full stride. Since its incorporation, said he, the pool had made 750 different loans totalling $153,000,000.* Of the 575 borrowing banks, 17 have failed; no one could say how perilously close to failure had been the other 558 banks which N. C. C. had helped...
...friend he heard about a decrepit little summer resort at Warm Springs, Ga. One young paralytic had braved its mosquito-plagued country hotel, bathed in its warm mineral waters and partially regained the use of his legs. Mr. Roosevelt went there first in 1924. After churning about in the pool, he found that his leg muscles felt a little stronger. Thereafter Warm Springs became his great hobby. He spent a large part of his personal fortune on developing the place into a sanatorium. Edsel Ford gave an enclosed pool, others contributed to make Warm Springs a permanent institution. Swimming...
...year. Theodore Jan Prichard 1G of Thief River Falls, Minn., was the recipient of the first medal, while H. A. Lawrence of M. I. T. was awarded the second. Clark's drawing was characterized by a portico of brilliant red columns, lending a warm atmosphere to the combined swimming pool, tea-room, and dance floor...
...University A Whites defeated the University A Reds, 4 to 1: Beckman Pool '32 (W) defeated A. W. Patterson '32 (R), 15-8, 15-11, 15-9; D. M. Frame '32 (R) defeated J. M. Barnaby '32, 15-9, 8-15, 15-6, 17-16: H. W. Cole '32 (W) defeated G. H. Hartford 2nd '34 (R), 15-12, 17-16, 13-15, 15-17, 15-11; F. O. Canfield '32 (W) defeated H. V. Blaxter '32 (R), 16-17, 15-4, 15-8, 16-17, 15-4; G. R. Clark '32 (W) defeated J. B. Walker...