Word: rfc
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Many a bitter, cynical attack has been made on the Old Deal and Charles Gates Dawes because of the $90,000,000 loan made by the Reconstruction Finance Corp. to his Chicago bank in 1932, shortly after he resigned as RFC president. In last week's issue of the Saturday Evening Post, the record of that transaction was set straight. It was told how General Dawes announced to other Chicago bankers and officials of the RFC that his bank would not open next morning; how he made it plain that he was asking no help for his bank, merely...
...Senator Wheeler and his committee investigating railroad finance. The evidence provided the Senator with his best illustration to date of how the late exceptional Brothers "Van" dummied their way through deal after deal to get what they wanted in spite of the vigilance of both ICC and RFC...
...rode the Roosevelt bandwagon into the Fourth Assistant Postmaster Generalcy, last fortnight announced himself as the new publisher of the Nashville Tennessean whose evening and Sunday editions compete with the Banner. Behind capable Publisher Evans' roly-poly person loomed the paternal bulk of huge Jesse Jones and the RFC (TIME, Oct. 21, 1935, et seq.) whose interest in the Tennessean seemed to guarantee the New Deal a strengthened friend in Nashville and the Banner a strengthened rival...
Last week Mr. Hadley's task was to find out what old Mr. Ball had been up to of late. Mr. Ball had been in Washington getting acquainted with RFC Chairman Jesse Holman Jones. He had been in Cleveland. He had been in Manhattan. But his secretary at Ball Bros. Co. on Muncie's Macedonia Avenue soon scotched the idea that Mr. Ball was selling his 90% equity in Midamerica Corp. That Mr. Ball had received propositions was certain. Cleveland's Cyrus Stephen ("The Great") Eaton for one had been trying to recruit a buying syndicate...
...from Port Arthur to New Orleans 250 mi. Near the centre of this big southwestern triangle is a man-made lake near Hot Springs, Ark. called Catherine. On an island in the lake is Couchwood, the spacious summer home of Utilities Tycoon Harvey Crowley Couch, onetime (1932-34) RFC director, chair-man of Louisiana & Arkansas Ry. and Arkansas' richest citizen. The four C's in Harvey Couch's book read: "Courage, Confidence, Concentration and Co-operation will enable us to make Arkansas and this section of the Southwest the most self-sustaining, the most prosperous part...