The 1920's Era» Finance

American Bankers Convention

Flapper — Fri, 05 Aug 2011 09:57:30 +0000

THOSE who desired to do so could have seen the “Money Power” in action at the Hotel Commodore, New York City, in the week beginning October 2, the occasion being the forty-eighth annual Convention of the American Bankers’ Association. There are those who entertain a very low opinion of the “Money Power,” attributing to... continued

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Better Wages and Higher Prices

Flapper — Fri, 05 Aug 2011 09:01:59 +0000

A Living Wage In discussing the demand of organized labor for what is termed “a living wage,” a return to the workers of a share of their product sufficient to maintain themselves and families in moderate comfort and to accumulate modest savings for their old age, it is commonly taken for granted by the employing interests that any and ... continued

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Business of a Bank

Flapper — Sat, 01 Jan 2011 06:28:52 +0000

A bank’s success is due to the success of the community it serves. A bank’s willingness to help may be in its own interests primarily, but, whatever the motive, this help benefits the customer just the same. And the services a bank can render are manifold. First of all, a bank is the safest depository for money, for cash in the form of ... continued

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Austria is Dying – Part 2

Flapper — Sat, 25 Dec 2010 05:45:04 +0000

Austria might last several months if the Government could pay its two hundred and sixty-odd thousand employees. It doesn’t seem able to print money fast enough to allow them to meet their living expenses. Cost of living has gone up so that a taxi ride costs 50,000, a dinner 75,000, a pair of shoes 300,000 crowns. The Government issues index n... continued

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Austria is Dying – Part 1

Flapper — Fri, 24 Dec 2010 05:26:59 +0000

NATIONS are not very different from individuals. If they are thrifty, they get along; if not, they don’t. Austria was a monarchy for centuries. Vienna, the capital, grew in size with the growth of the population of Southern Europe. It became a political, financial, commercial, musical, and artistic center for a hundred million people. The ... continued

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France wants Gold – not Paper Money

Flapper — Thu, 26 Nov 2009 06:57:57 +0000

With the firmness of the money market the only disturbing factor in the present financial situation. Wall Street has been somewhat concerned over reports from Paris that the Bank of France will convert a material portion of its enormous holdings of foreign exchange into gold.

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Allocation of English Shares in Ford Motor Company

Flapper — Wed, 25 Nov 2009 05:46:48 +0000

THE Henry Ford publicity service, which may or may not consist entirely of Mr. Ford himself, functioned splendidly during the recent dispute over the allocation of shares in the new Ford Motor Company of England, Ltd.

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