Business & Finance: Caldwell Corner

If a man has once built up a banking house that did a $100,000,000 annual investment business and controlled $600,000,000 of financial and industrial enterprises, but has lost it all; if he is still under 45 and if he stays out of jail—the chances are that he will make a comeback. Rogers Clark Caldwell, whose crash three years ago reverberated from Georgia to Arkansas, was sentenced to jail but high Tennessee courts reversed the conviction. The ambitious, youngish banker-promoter promptly started afresh at his old Nashville stand with $1,000 capital and the old...

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