Word: solvent
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Dates: during 1930-1939
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...operating cash. Wet Republicans are withholding their money from a Dry party. Community chests have taken funds that would otherwise go to party politics. Industrial disappointment with the Tariff to bring back good times has frozen much Republican revenue. To bring in enough money to keep national headquarters solvent until the June convention, the committee last week named a special cash-collecting board headed by Philadelphia Banker Jay Cooke...
...Governor for such a demand, Pennsylvania's Senator David Aiken Reed retorted, as an Administration spokesman: "Governors should not and must not evade their responsibility. Why should they send appeals to a harassed President to do for them what they ought to do for themselves? Pennsylvania is solvent, her credit is perfect. To call Congress would only encourage legislative quackery...
...collapsed in Toledo, Ohio, frightened bankers. Officials of three other big institutions put restrictions on withdrawals for 60 days. The time was up on Monday, Aug. 17. Last week, 48 hours before the time was up, the same officials said the three big banks, though still solvent, would not open Monday. Solvent in normal times, they feared there would be ruinous runs at the reopening, as business conditions have not improved in the last two months...
...paint or varnish, nothing to disinfect. By a process of distillation these bootlegging consumers remove the denaturant elements from the goods they purchase, extract drinkable ethanol (grain alcohol). Included in the charges were manufacturers of industrial alcohol as well as those manufacturers who use the alcohol as a solvent. U. S. Industrial Alcohol Co., biggest producer in the U. S.,and Glidden Co., Cleveland's prolific paint and varnish makers, were among those indicted at Baltimore. Most conspicuous individual mentioned was one Al H. Jaffe, Cleveland gangster who was killed a short time...
Contract. Between 75 and 90 of the gasoline requirements of Richfield Oil Corp. of New York (solvent) will be filled by Arkansas Natural Gas Corp., Cities Service unit, according to a contract signed last week. Cities Service was expected to absorb Richfield Oil Co. of California after it went into receivership (TIME, Feb. 9), is still thought to hold much Richfield stock...