Business & Finance: Crowley for Cummings

"A Big Job, Well Done—Franklin D. Roosevelt."

In the President's own handwriting that tribute was engraved on a silver plaque and the plaque presented last week to Walter Joseph Cummings, outgoing chairman of the Federal Deposit Insurance Corp. Its donors were officials of the corporation from which the RFC had plucked Mr. Cummings to represent the Government's majority stock interest in Chicago's Continental Illinois National Bank & Trust Co. With Mr. Cummings comfortably settled as board chairman and "chief executive" of Continental Illinois, President Roosevelt got around last week to picking his...

Want the full story?

Subscribe Now

Subscribe
Subscribe

Get TIME the way you want it

  • One Week Digital Pass — $4.99
  • Monthly Pay-As-You-Go DIGITAL ACCESS$2.99
  • One Year ALL ACCESSJust $30!   Best Deal!
    Print Magazine + Digital Edition + Subscriber-only Content on TIME.com

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!