Morgan-Rockefeller Clash Signals Banking Reform Wave
New York banks move toward separating securities from commercial banking as Chase National under Aldrich pushes reform. The plan targets Morgan interests, would require public disclosures of capital, and could end Morgan dominance while reshaping Wall Street power dynamics amid Senate scrutiny and Ford’s nonbanking stance.
MENTIONED IN THIS ARTICLE
Wall Street
Willis Thornton
NEA
New York
Chase National
Wall Streets
Money World
Winthrop W. Aldrich
House of Morgan
Aldrich
John D. Rockefeller, Jr
Chase
Rockefeller
Albert Wiggins
Chase Securities Corporation
Chase Harris Forbes Corporation
Senate Committee
National City
Charlie’ Mitchell
Carter Glass
Glass
Morgan
J. P. Morgan & Co
Kuhn, Loeb & Co
Ford
Deposit
Henry Ford
Detroit
J. P. Morgan
John D. Rockefeller
Winthrop Aldrich
Forgotten dormant bank accounts reveal hidden fortunes in New York
An article notes millions sit in dormant accounts across New York banks forgotten by heirs after owners’ deaths. It cites the Bank for Savings with nearly two thousand such accounts including old deposits from 1819. Examples include James Hackett and John Thorne, whose heirs only recently learned of funds and interest.
MENTIONED IN THIS ARTICLE
New York
Seaman's
Lower Wall Street
Bank For Savings
Adam
John Mowatt
Pearl Street
John Thorne
Thorne
New York State Bulletin
Bank
James K
Mary Hackett
James Ketelas Hackett
Park Theater
Philadelphia
New York Lyceum
London
Paris
Buckingham Palace
Famous Players
Zenda
Broadway
Red Cross
Hackett
Mother of J. R. Pope Dies at Elizabethtown Home
Mrs. Sarah Elizabeth Pope aged 84 died at her daughter’s home in Elizabethtown after a year long illness. Born in Cumberland County in 1848 she married W. K. Pope of Sampson County in 1872 who preceded her in 1918. Survived by daughter Mrs. H. Hunt and sons J. R. Pope of Atkinson and J. R. Pope of High Point and seven grandchildren. Funeral was held at Atkinson Baptist Church with Rev. W. O. Biggs and Rev. R. L. Morris officiating. Interment followed at Moore’s Creek Cemetery beside her husband.
MENTIONED IN THIS ARTICLE
Elizabethtown
Sarah Elizabeth Pope
Pope
Cumberland County
W. K. Pope
Sampson County
H. Hunt
J. R. Pope
Atkinson
High Point
Atkinson Baptist Church
W. O. Biggs
R. L. Morris
Garland
Moore’s Creek Cemetery
Industrial Bank of Lexington Reopens With License
Industrial Bank of Lexington has resumed operations on a limited basis since March 6 and now opens without restrictions under a license issued by Gurney P. Hood state banking commissioner. The license was issued Tuesday afternoon and the bank opened Wednesday morning.
MENTIONED IN THIS ARTICLE
Industrial Bank of Lexington
Gurney P. Hood
Exonerated men in Canton death case
Bert Gregory and James Sorrells were exonerated by a coroner's jury in the mysterious death of J. F. Russell. They had brought Russell's body to town in the deceased's car.
MENTIONED IN THIS ARTICLE
Canton
Bert Gregory
James Sorrells
J. F. Russell
Russell
Elon Busy Getting Ball Club Ready To Play Michigan State
Elon College faces a rebuilding year as Coach Walker replaces last season’s stars with freshmen. Expected starters include Lefty Cheek at first Howard Smith at short Webb Newsome at third Milligan and Dindley in the outfield. Hitting remains off pace but should improve before the conference schedule opens with a Tuesday game at Burlington against Michigan State. Waters likely to pitch.
MENTIONED IN THIS ARTICLE
Elon College
Walker
Elon
Pete Williams
John Reiber
Dick Caddell
Chariie Roberts
Phil Jackson
Garland Mann
Ced
Lefty Cheek
Howard Smith
Webb Newsome
Milligan
Dindley
Roberts
Jackson
Clark
Latham
Abernathy
Burlington
Michigan State
Waters
Moonlight Sleep Fear Debunked Says Experts
A statement argues there is no basis to fear moonlit sleep harming mind or sight. The assertion counters common beliefs about night illumination affecting mental clarity and vision.
Good Bridge Not Mechanical By WM. E. McKENNEY Sec
Wil lard Korn of New York, a top bridge player, argues that even skilled players should deviate from rigid systems. He analyzes a New York tournament hand where a calculated one spade bid disrupted opponents and yielded a strong result, illustrating courage to explore openings and timing in bidding.
MENTIONED IN THIS ARTICLE
WM. E. McKenney
Willard 8S
Korn
New York
Karn
West
East
South
Mr. Karn
Fast
Westyn
Also Mentioned on This Page
Alexander Hamilton
First Bank of the
United States
Jay Cooke
Bank and Trust
J. P. Morgan, Sr
Bankers’ Trust
The
Guarantee Trust
First National
National City Co
Old House of Harris, Forbes & Co
Iill
Lexington Bank
Enterprise
Lexington
Bobby Leach
Thomas Edison
High Point Enterprise
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