Shortfall

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Shortfall Page 33

by Alice Echols


  Los Angeles, California: B&L scandals; and Colorado Springs capitalists; Depression-era antitax activism; Hollywood Guaranty embezzlement scandal; savings and loan industry leaders’ reputations; sprawl and fragmented urbanism

  Los Angeles Times

  Loyal Order of Moose

  Ludlow massacre (1914)

  MacNeill, Charles

  Malheur National Wildlife Refuge (Oregon)

  Manitou Mineral Water Company

  Marker, I.J.

  Marshall, G.M.

  Mason, David L.

  Masons

  mass culture and mass consumption (1920s)

  McAdoo, William

  McFerson, Grant

  McGirr, Lisa

  McKinnie, James R.

  McNicol Stock, Catherine

  Meikle, John

  military: Colorado Springs’ boosters courting of; Colorado Springs’ militarized economy; conservatism and American West; NORAD

  Mill and Smeltermen’s Union

  Miller, Byron

  Mine Owners Association (MOA)

  minimum wage legislation

  Mitchell, Charles E.

  Modern Building and Loan Company (Pittsburgh)

  Modern Woodmen of America

  Moffat Tunnel

  moneylending (loan sharks); chattel loans; and defaulted borrowers; as “fringe financing”; installment credit and buying “on-time”; rates; reforms and small loan laws; self-justifications and defenses of; techniques of intimidation; Walter Davis’s acquisition of City Savings and Loan Association; Walter Davis’s career as “The Loan Man”; and women’s labor

  Monument Valley Park

  Morgan, J.P.

  Morgan, J.P., Jr.

  Mountain States Telephone & Telegraph Company

  Myron Stratton Home (Colorado Springs)

  National Association of Manufacturers (NAM)

  National City Bank

  National Council of the Unemployed

  Nelson, Robert

  nescience

  Netzer, Richard

  Neuman, Isadore

  New Deal; and the American West; anti-tax movement and opposition to; and Colorado Democrats; homeownership programs; old-age pensions; opposition and right-wing backlash; racially discriminatory programs; as the “Raw Deal”; relief programs for the poor and unemployed; as “the long exception”; welfare state

  New Life mega-church (Colorado Springs)

  New York Herald Tribune

  New York Mutual Savings and Loan Association

  New York Times; on B&L failures; on contrast between local and national B&Ls; on Cripple Creek labor wars; on It’s a Wonderful Life; on loan sharks; on taxpayers’ leagues of the 1930s

  New Yorker

  Niles, L.G.

  Nixon, Richard

  NORAD

  Norquist, Grover

  Norris, Frank

  Nowels, T.E., Sr.

  The Octopus (Norris)

  Odets, Clifford

  old-age pensions

  open shop movement

  Organization of the Unemployed

  Oskison, J.M.

  Oswald, George

  Palmer, William J.; founding of Colorado Springs; tax resistance

  Pape, Dominick

  Parkside Hotel (New York City)

  Paul, Rand

  pawn dealers

  payday lending

  Peabody, James

  Pecora Committee hearings

  Pegler, Westbrook

  Penrose, Boies

  Penrose, Spencer; business-partnership with Tutt; and Colorado Springs tourism industry; and Colorado Springs’ wealthy Socialites

  People’s Party

  Philadelphia, Pennsylvania: B&L failures; B&L industry; capitalists; Depression-era bank closings

  Pikes Peak Baptist Church (west Colorado Springs)

  Pikes Peak Highway

  Pikes Peak region of Colorado: gold rush; radical unionism. See also Colorado Springs (city)

  Piketty, Thomas

  Pittsburgh, Pennsylvania: B&L failures; Depression-era bank closings; moneylenders

  Ponzi, Charles

  Populist Party

  Postlethwaite, William

  Pratt, Clara

  Pratt, J. Herbert; Common Sense Weekly; and Depositors’ Committee

  The Price of Salt (Highsmith)

  privatization

  Prohibition

  public utilities: debates over municipal ownership of; utility holding companies

  Pueblo, Colorado; Moffat Tunnel project; Railway Savings B&L

  Purcell, George W.

  “racketeers”

  railroad, transcontinental; D&RG service between Colorado Springs and Denver

  Railway Savings Building and Loan (Pueblo, Colorado)

  Reagan, Ronald

  Real Estate Owners Protective Association

  receiverships; City’s receivership and investigation; and CSLC’s assignment scams; Fertig as City receiver; Home B&L; liquidation vs.; Turner as City’s co-receiver

  Recession, Great

  Reconstruction Finance Corporation (RFC)

  Reed, Verner Z.

  Reed, Verner Z., Jr.

  relief, poor; Colorado state programs; opposition to; the unemployed

  Republican Party: attacks on progressives; Colorado Citizens’ Alliance; Goldwater nomination; and the Great Depression recovery; opposition to the New Deal; Roy Davis’s political career; and taxpayer associations

  Riordan, J.J.

  Rocky Mountain News

  Rogers, Charles

  Roosevelt, Franklin D. (FDR); and debate over municipal ownership public utilities; Depression recovery and New Deal

  Roosevelt, Theodore

  Rotary Club

  Roth, Benjamin

  Sacco, Lynn

  Salvation Army

  Salvatore, Nick

  Sample, Dewey

  Sandage, Scott

  Sanders, Bernie

  Satter, Beryl

  Saunders, Miles

  savings and loan associations (S&Ls); creation of; crisis of the 1980s; deregulation; federally insured deposits; and interest rates; public’s initial wariness of

  Scripps-Howard newspaper chain

  SDI National Text Bed Facility

  Seeman, Bernard

  Seligman, Arthur

  Seligman, Otis

  Senate Committee on Banking and Currency (Pecora Committee)

  service-sector jobs

  Sharer, Edward C.; arrest and jailing; and B&L scandal; Dollar Building and Loan Association; forgery cases; land speculation; lawsuits against; and Manitou Mineral Water Company; and Roy Davis; and Walter Davis

  Sharer, Myrtle

  Shergold, Peter R.

  Shermer, Elizabeth

  Shields, John A.

  Shoup, Merrill; divorce; and the El Paso County Taxpayers Association; and Goldwater

  Shoup, Miriam

  Shoup, Oliver, Jr.

  Shoup, Oliver H.; debate over municipal ownership of public utilities; as governor; land speculation; Moffat Tunnel project; and Sharer

  Shrine Club

  Silverado Savings & Loan (Denver)

  Sims, Anna Belle

  Sims, Margaret

  Sims, Robert; suicide

  Sims, Willis; Assurance Savings and Loan; embezzlement; suicide

  Sinclair, Upton

  Sister Carrie (Dreiser)

  Smemo, Kristoffer

  Smith, Francis Drexel

  Smith, Ruth

  Snowden, Kenneth A.

  social mobility

  socialism; and debate over municipal ownership of public utilities

  Socialist Party

  Spivey, Victoria

  Sprague, Marshall

  Standard Mill (Colorado City)

  Starrett, Clyde

  State Realty Company

  State Savings Bank (Colorado Springs)

  steel industry

  stenography profession: feminization of; rel
ationships between female stenographers and their male bosses; Walter Davis’s work

  Stern, Philip Van Doren

  Stewart, P.B.

  Stewart, Ruie

  stock market crash (October 1929); Black Tuesday; prosecutions; Senate investigation

  Stratton, Charles E.

  Stratton, W.S.

  Strom, Sharon H.

  Stubbs, Merton

  Sunnyrest Sanatorium (Colorado Springs)

  Sutherland, O.S.

  Sweet, William E.

  TABOR (Taxpayers’ Bill of Rights)

  Taft-Hartley Act (1947)

  Taper, Mark

  taxpayers’ leagues and antitax activism; and B&L industry trade group; and B&L scandal; California’s Proposition 13 and property taxes; Colorado Springs Depositors’ Committee; cross-class tax revolts of the 1930s; Depression-era Los Angeles; El Paso County Taxpayers Association; Nixon’s “Silent Majority”; opposition to relief for the unemployed; opposition to the New Deal; Palmer; and Republican Party; role in state and local politics; TABOR; working class antitax activists

  Tea Party movement

  Tent City Pikes Peak

  Terry, Eva: abdominal surgeries; and B&L scandal; claims against Davis estate; police questioning and county jail time; relationship with Walter Davis; and Walter’s suicide; working-class family background

  Terry, Luke

  Terry, Warren

  Texas: B&L industry collapse; S&L crisis

  Thernstrom, Stephan

  thirties (1930s): conservative opposition to New Deal reforms; Dust Bowl; kidnapping plots; reform ideals; taxpayers’ leagues; unionism. See also building and loan industry scandal (B&L scandal); Depression, Great; New Deal

  Thompson, E.P.

  thrift industry: amateurism; and cooperative movements; Depression-era federal regulation and new regulatory regime; expansion in the 1920s; fight against regulation; post-scandal public mistrust of; Reagan-era deregulation; standard histories of. See also building and loan associations (B&Ls); moneylending (loan sharks); savings and loan associations (S&Ls)

  tourism industry (Colorado Springs); Depression-era collapse; and service-sector jobs

  Trumbo, Dalton

  tuberculosis (TB) and rest cure industry

  Turner, Thomas C.; as City’s co-receiver (and lawsuit)

  Tutt, Charles, Jr.

  Tutt, Charles, Sr.

  twenties (1920s); B&L industry expansion; Davis family; decline of gold production and gold-based economy; mass culture and mass consumption; October 1929 stock market crash; personal debt and consumer purchases; speculative culture; stigma of divorce; tax code changes

  Uniform Small Loan Law

  Union Industrial Bank (Flint, Michigan)

  unions. See labor, organized United Mine Workers

  United States League of Local Building and Loan Associations

  United States Reduction and Refining Company (USR&R)

  United States Space Command

  U.S. Air Force

  U.S. Army

  U.S. Rubber

  U.S. Steel

  The Virginian (Wister)

  Vivian, John

  Waite, Davis

  Waldorf Astoria Hotel (New York City)

  Walker, Arthur Elvis

  Walker, Jimmy

  Walker, Scott

  Wall Street: American capitalism and; Main Street vs.; October 1929 stock market crash

  West, American: California gold rush; Colorado Springs as prototypical/as prefiguring; conservatism; as “empire of innocence”; federal expenditures in; hostility to the federal government; militarized economy; mining industry; Native Americans; post–Civil War development of

  Western Federation of Miners (WFM)

  White, Richard

  Whitman, Walt

  Winchell, Walter

  Wister, Owen

  Womack, Robert

  Women’s Christian Temperance Union

  Works Progress Administration (WPA)

  World War I Liberty Bond campaign

  World War II

  WPA Guide to 1930s Colorado

  About the Author

  Alice Echols is a professor of history and the Barbra Streisand Chair of Contemporary Gender Studies at the University of Southern California. She is author of several books including Scars of Sweet Paradise: The Life and Times of Janis Joplin, and Hot Stuff: Disco and the Remaking of American Culture. She lives in Los Angeles.

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