How To Get Rich In Washington CHAPTER FOUR
A critical look at government lending and business booms in mid-century America. The piece traces RFC loans to diverse ventures from snake farms to luxury casinos and details key figures like Chauncey Y Dodds and Senator Fulbright in debates over small business loans.
MENTIONED IN THIS ARTICLE
Washington
United States
Colfax
Calif
RFC
San Francisco
Senator Fulbright
Democrat
Arkansas
Chauncey Y Dodds
Office of Loans
Fulbright
Dodds
RFC Expansion Triggers Amid Great Depression Debate
The RFC, created to aid banks and industries, outlived its temporary mandate and expanded after a 1947 curtailment. Critics note loans like Mapes Hotel favored gamblers, while Senator Douglas grilled RFC chair Hise about public interest and Nevada divorces and marriages.
MENTIONED IN THIS ARTICLE
Congress
RFC
America
Mapes
Wertheimer and
Einstoss
Sky Room
Paul Douglas
University of Chicago
Harley Hise
Mapes Hotel
Nevada
Public Interest and RFC Loans at McPherson Square
The article recalls the RFC Washington headquarters at a McPherson Square white stone building and notes average annual loan activity from 1932 to 1950 of about 2,935 loans totaling 235 million dollars. From 1948 to 1950 averages rose to 4,789 loans and about 496.9 million dollars, reflecting a shift during the postwar period in the RFC’s role amid wartime capitalism debates.
MENTIONED IN THIS ARTICLE
White Stone
McPherson Square
RFC
Washington
Congress
United States
Travelmart Opens In Elyria To Offer Global Travel Services
C F Lawson announces the opening of The Travelmart at 32 Century Block Elyria. The new agency provides domestic and international travel, air rail and ship arrangements hotel bookings and special tours with no charges to customers. Lawson has airline service experience in Cleveland and will handle tickets and reservations worldwide.
MENTIONED IN THIS ARTICLE
Elyria
C F Lawson
Westlake
Travelmart
Century Block
Lawson
Cleveland
Also Mentioned on This Page
Chapter
Ife
Lou Werthemer
Detroit
Florida
California
Mickey Cohen
Bernard (Mooney) Eintoss
Los Angeles
del Mar
Wertheimer
Reno
New Mapes Hotel
Charles W Mapes
First National Bank of Nevada
Reconstruction Finance Corporation
J William Fulbright
University of Arkansas
Hise
Gradivari
Ercile Eaton
Hawthorne St
Cms A
Columbus
Ohio
Insurance Service
Rorick
Harold Dicken
Middle Ave
The
Elyria Savings & Trust Co
Member
Federal Reserve System
Federal Deposit Insurance Corp
Blau Bolles
United Feature Synduate Inc
Spitzer
Grafton
de Soto
Plymouth
Paradise Restaurant
American Cancer Society
Cancer Crusade
Elyria Cancer Society
Cou