The Union Banking Corporation (UBC) was a banking corporation in the US whose assets were seized by the United States government during World War II under the Trading with the Enemy Act and Executive Order No. 9095.
Read more about Union Banking Corporation: Seizure, Prescott Bush Allegations, Founding
Famous quotes containing the words union, banking and/or corporation:
“Thus piteously Love closed what he begat:
The union of this ever-diverse pair!
These two were rapid falcons in a snare,
Condemned to do the flitting of the bat.”
—George Meredith (1828–1909)
“One of the reforms to be carried out during the incoming administration is a change in our monetary and banking laws, so as to secure greater elasticity in the forms of currency available for trade and to prevent the limitations of law from operating to increase the embarrassment of a financial panic.”
—William Howard Taft (1857–1930)
“What I am anxious to do is to get the best bill possible with the least amount of friction.... I wish to avoid [splitting our party]. I shall do all in my power to retain the corporation tax as it is now and also force a reduction of the [tariff] schedules. It is only when all other efforts fail that I’ll resort to headlines and force the people into this fight.”
—William Howard Taft (1857–1930)