The Omaha Morning Dee
rain, t oWar. * ’ * » ^ ^ ^ ^ ^ ‘ Wr«I »“»• •«". ■*■2. ...
_^—a^———c E ar rinks down Ufa a Utua day.
CITY EDITION VOL 53. NO. 251. OMAHA, FRIDAY, APRIL 4,1924. * TWO CENTS'* «S5^|S SBSSBJ5.-fc L-“***"' ^—'
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INDICTED WAGNER BROKERS SOUGHT
, u' _——®
War Secretar -moned by Daugherty Committee
-<a
Fraud Case
Handling
to Be Aired
Dismissed Air Service Investi
gator Testifies His Evi
dence Bearing on ^X ar
Contracts Seized.
Weeks Holding Papers
* Washington. April 3—The senate
Daugherty committee turned its in
quiry today upon the War department,
and concluded a three-hour session by
summoning Secretary Weeks to ap
pear before it tomorrow with specified
documents relating to departmental
handling of waT fraud cases.
The committee listened to the story
of Thomas F. I.ane, a legal adviser
to the army air service, who said he
had been ordered a day or two ago
“to stay away from the committee."
and then had been dismissed from the
service.
Dane said also that papers bearing
upon his inquiry into war contracts,
which lie recarded as his own, were
seized by Capt. W. F. Volandt, as
sistant chief of the army air service,
who issued the “stay sway” order,
t'aptaln Volandt, who was at once
summoned before the committee, in
the course of sharp interrogation by
.Senator Wheeler, democrat, Montnna,
the committee prosecutor, and other
members, said he regarded line's
papers as part of the official depat t*
mental files. He had turned them
over to Secretary Weeks, he said, and
the latter had sought an opinion .as
to their status from the judge ad
vocate general
\ iiin iiclt Heines marge.
Senator Wheeler. In tlie examlna
tion of Captain Volandt, charged that
ihc dismissal of Lane and the sequs*
tration of his papers was "intended
in cover up" the War department s
handling of air fraud cases. This
Volandt sharply denied.
The papers. Lane claimed, were for
ipo most port coiries of recommendn
turns he made as to procedure the
government should take against war
, contractors and Volandt stated that
Secretary Weeks had asked the judge
advocate general to give an opinion
as to whether such copies were official
records.
His order* to l*ane “to stay av,ay
from the committee," Volandt con
tinued. was Issued because the air
service wished to “rush" preparation
of claims sgain the Standard Atr
craft corporation and the 55 illys*
Overland company, that these might
tie sent to the Department of Justice
for further action.
Although not in possession of his
records. I^ane described hla own in
vestigation* and recommendations
touching the Standard company, the
Lincoln Motor corporation, nnd the
American Bosch Magneta company,
which had war contracts.
Tell* of Compromise.
From the Standard company, con
trolled by Mitsui A Co., a New
York subsidiary of a Japanese
hanking firm, he *aid, the govern
ment rfiould have obtained repay
ment of about $2,200,000. From the
American Bosch Magneto company,
be had recommended repayment of
$450,000, and from the Lincoln cor
poration he fixed the turn of $».
690.000. _
A compromise wa* made by the De
partment of Justice In the Lincoln
Motors case, he said, over the formal
protest of the War department, for
$1,500,000, after the company had
gone into receivership. From the
others, he added, nothing had been
obtained, and against them no action
had been Instituted.
Lane's story as to the Standard
* company covered ground previously
entered upon by the Daugherty in
quiry. The reaudits he directed dls
cloeed. he said, that Mltsut A
Co. had invested $5,500,000 In the
Standard company, and got that *11
back and a "profit of $500,000 or
$700,000.” A part of the money the
Mitsui company considered Invested,
he said, was $1,619,000, which It lost
before the war tn financing s mnnu
facturlng plant in Plainfield, N. J."
We Have
With Us
irn
Frank Branch Riley,
Cortland Ore.
Lawyer.
Nearly 4* years sgo Frank Riley
was born in Osceola, la. There he
spent his early childhood.
As ft young inan he went west and
became attracted by the vastness of
that section of the United States.
After academic training at Iceland
Stanford university he went to Har
vard and received his degree In law.
After graduation from Harvard he
returned to the west and settled In
Portland.
Although the suceedlng years have
* been spent In the practice of law,
Mr. Riley has found tlm# to atudy
and learn to know his country. He
Is a "northwest enthusiast" and
spends a great deal of hla time travel
ing about the country lecturing on
i the beauties of the mountain* nnd
livers of Oregon and Washington.
\
A
)---^ -—- ;
Had Yoi Sliced the Great Political Reformation
the Women Voters Have Effected?
ASCENSION robes I .
SPtOKL 3*l« 1 V
could you ewe os
A FEVM POINTER*" ON
HOw TO PL^T TmiS
c,A>Nie,> /,
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Flood at Gordon
Rapidly Receding
Residents Believe Danger Has
Passed — Northwestern
Tracks Damaged.
Norfolk. Neb., April S.—After hav
ing experienced one of the wojst flood
in 23 yearn, last night and this morn
ing, Gordon, Neb., this afternoon was
getting back to normal condition*.
Water that covered the north part of
the town thl* morning had receded
this afternoon and no further rise was
expected, according to a special dls
patch to the Norfolk Dally News.
Rapid melting of snow due to sev
eral ilays <of springlike weather
caused Antelope creek at Gordon to
overflow and Inundate the north part
of the town last night causing dam
age to streets and sirewalks and Ail
ing basements and cellars In that part
of the city. A further rise of the
water early this morning caused con
siderable anxiety but It wa# believed
this afternoon that all dodger had
passed. Ice. in the creek went out
last night it was believed that most
of the snow in adjoining aitsa was
gone.
Slight damage was also caused to
the Northwestern railroad tracks In
that vicinity, but with the aid of pile
drivers and crews from ('hadron re
pairs were made and traffic was back
to normal this afternoon.
NEW ATTORNEY
GENERAL MUM
New York, April 8.—"The office of
the attorney general of the United
Statea la a position without politics
attached to it."
This epigram summed up the first
Interview granted by Harlan Flake
Stone, President Coolidge's new cabi
net member, who will replace Harry
M. Daugherty.
"No sensible man can tell what he
will do In office until he studies the
conditions of the poet,” he said Anally
after meeting numerous queries as
to his future course with silence.
”1 can't possibly have anything to
say about the policies of the attorney
general or the administration.”
Board Paroles Convict;
Kansas Officers Grab Him
Ulncoln, April 8.—Fred Kelp, serv
ing a one to 20 year sentence at the
state penitentiary here for forgery
from Dawson county, was released to
day to Kansas officials, who will take
him to the state prison there. He was
one of the applicants for psrole at
the Inst, meeting of that board and
the hoard acted favorably. .lust as
he was about to be released If. was
found that he was wanted In Kansas.
Columbus, Js'eb.. April 3.—"I’m
through running to fires; they don't
Interest ms any more." declared John
Sletnhouser, shoe repair man and
former fireman, to friends as he stood
on the street watching the fire de
partment make a run into the north
side residence district. A half hour
later Stelnhouser learned that his
home had been gutted by flames wt\Jle
the family was downtown and that
only a little of the furniture had been
saved. Defective wiring caused the
/ire.
FEDERAL RESERVE
REPORT ISSUED
Washington. April 3.—Combined re
sources and liabilities of the 12 fed*
etal reserve banks at the close of
business April 2 were reported tonight
by the federal reserve board in thou
sand of dollars, as follows:
Resources: Total gold reserves,
$3,091,7*7: reserves other than gold.
$99,564; total reserves, $3,191,831.
Total United States government se
curlties, $264,866; total resources. $4,
909.665.
Total liabilities. $4,909,655.
Ratio of total reserves to deposit
snd federal reserve note liability com
bined. 78.8 pef*cent.
Contingent liability on bills pur
chased for foreign correspondents,
$J 1.230. „__
THIRTEEN CLUB
ELECTS WILBUR
Washington. April 8—Secretary
of«he Navy Wilbur has been elected
to the "Thirteen dub." founded sev
eral years ago by Woodrow Wilson
and others who consider that number
lucky.
The secretary of the organisation,
writing from Boston, advised Wilbur
of his election, saying that the name
"Curtis D. Wilbur." contained the
requisite number of letters and In
other respects the new head of the
navy was eminently qualified.
Jap Exclusion Asked.
Washington, April 3,—Exclusion of
all Japanese from the United States
was proposed In an amendment offer
ed to the Immigration bill drafted
by the senate Immigration committee
when consideration of the measure
was begun In the senate.
Alcohol Deaths Now 19.
Toledo. O., April 3 —Denatured al
cohol and poisoned liquor continued
to take Its death toll here with three
additional fatalities today and 'last
night, tnnging the total number of
victims lo 18.
]»
Effort Made to
Cheat Dairvmen
y
Outside Dealers Are Offering
Scrub Cattle for Sale.
Warns Carl Gray.
'Word that dealeri In other states,
particularly Wisconsin, were seeking
to sell acrub dairy cattle to Nebraska
farmers has brought a warning front
the Nebraska Dairy Development so
ciety.
Carl R. Gray, president of the so
ciety. issued a statement on Thurs
day covering this point.
"The society does not sponsor the
wholesale Importation of dairy cows
Into Nebraska," said Mr. Gray. "Nor
does It endorse the speculative deal
ing In dairy cattle. Farmers should
use caution In purchasing dairy cat
tle to ascertain os to the methods
of selection, tuberculin testing and
handling by those who bring them
Into the state.
"The Nebraska Dairy Development
society ha* as Its purpose the orderly
Improvement and development of
dairying a* an essential feature of
diversified farming. In such a pro
gram first effort* will bs made to
Improve the production of dairy cat
tle by the use of good, purebred dairy
sires. Improved stock will therefore
be raised In Nebraska by Nebraskans
using the plentiful Nebraska feeds.
Combined with Improved breeding
should go better feeding and care.
"It Is believed that tho present
production can be Increased 50 per
cent by following efficient methods
of feeding and care with the cnjrs
now on the farm. The society hopes
to help bring Informstion regarding
better methods to every person milk
ing cows.
MOTHERKILLED
BY YOUTH OF 15
Montreal, April S—Rudolphs Tru
deau, 15, accidentally killed Ills moth
er Wednesday, when n' pistol he wns
examining was diachatgcd.
Toung Trudeau told detectives that
his mother smiled faintly nt him ns
the died and this he Interpreted as n
desire on her part to assure him that
she knew the fatality whs an nccldent.
Accused Slayer Identified.
Chicago, April S.—Russell Hcolt, si
leged confessed participant In the
loop drug *tors holdup Inst nltthl. In
which Joseph Msuer. 10, clerk, was
slain, was Identified nt the detective
bureau lute this afternoon, police
say, as the Detroit "millionaire,” who
a year ago promoted tho JJO.OOU.noO
Detroit-Windsor international Bridge
Construction fiasco, which failed for
i:,ooo,ooo.
Congress to
Pass Wheat
Relief Bill
—/V. B. Updike
Country Tired of Investiga
tions and Congress Ex
pected to Take Up Agri
cultural IVfeasures.
U.S. to Buy Farm Surplus
Nelson B. Updike returned Thurs
day from a 10-day visit In Washing
ton convinced that senators and
congressmen are themselvee getting
tired of investigations. He also feels
that something tangible for the help
of the farmers will be passed before
the adjournment of congress.
“It is the general opinion in Wash
ington. concurred in by congressmen
and senators.” said Mr. Updike, "that
the 'people of the United States are
becoming disgusted with so many
investigations, especially those that
plainly show they are started for
political purposes rather than for the
purpose of cleaning up a bad condi
tion. They think that the, investiga
tions now in progress will be closed
as soon as practical and that it will
be difficult to etart others without
real cauae.
"There is also a general under
standing that It is the duty of con
gress at this session to pass legisla
tion that will be of real benefit to
the farmer. This legislation will have
for Its purpose the securing of a
price more in line with the price of
what the farmer is compelled to pur
chaae. The details of this proposed
legislation centers In the price of
whest.
Ship W best Abroad.
“There )a a etrong sentiment that
the quickest and easiest way to at
least partly adjust the price of wheat
is for the government to purchase
whatever surplus wheat there 1« now
In the United States and ship it
abroad, selling it on the best terms
possible It is stated that this would
probably mean a loss to the govern
ment but at the same time, it is felt
that the government should take this
loss. If necessary, in order to accom
pllsh its purpose. Q
“Ton hear more talk, however,
about the McNary-Haugen bill now
before both the house and senate,
than any other measure. This bill
is largely, if not entirely, the result
of the work of a commiyee of pri
vate cltisens Interested in the welfare
of the wheat raisers of the United
States.
"In order that it may be met with
more favor, farm products other than
wheat have been written into the
bill. Corn, hogs, cattle have been in.
eluded. It is very difficult to figure
how the principles of this hHI could
ha carried with all of the produetl
named in the bill.
BUI Is Practical.
“Tha friends of the bill claim, and 1
think with a good deal of reason, that
it Is practical and could be easily
worked out so far as wheat is con
cerned. It gives the wheat raiser a
method by which he, himself, can se
cure a better price for wheat with
out disturbing, to 'any great extent,
the present methods and facilities
for handling It.
“For instance. If tha United States
raises 1,000,000.000 bushels of-wheat
and thefhome requirement is only
(Tara to Page Two. Column Four.)
OIL PIPE STREAM
REACHES KEARNEY
Kearney, Neb., April S.—Creeping
along at a rate of about one and a
quarter miles an hour, tha regular
flow of oil In the Sinclair Oil com
pany pipe line between Teapot Dome
and Kansas City, reached Kearney,
the half way mark, shortly after the
noon hour today. The big pumps
here were all in readiness to receive
the flow,’ a portion of which waa
promptly diverted to * the storage
tanks for tisa as fuel at the pump
ing station.
According to officials of the corn-,
pony stationed at district headquar
ters here no trouble has been ex
perienced along the line taken. Oil
will be pumped uninterruptedly 24
hours a day and will attain a speed
of seven miles an hour, under pres
sure, once a regular movement la
oetablished.
It Is said the outcome of the Sin
clair leases of naval oil lands in the
Teapot Dome field will have no ef
fect on the operation of the pipe
line.
More Subpoena* Ouf.
Washington, April S.—Subpoenas
were Issued today by the senate oil
committee for the appearance here
next Monday of .1. II. KVcmih of Okla
homa City, Okl , and llobert F.
Wolfe of Columbus, editor of the Ohio
State Journal, Both will be question
ed as to gossip about oil deals at the
republican national convention in
1929.
Komi* Bill I’ansei'.
Washington, April S — Appropria
tion of 172,900,0(10 for the construc
tion of roads and trails In nations!
parks was authorised by the senate
today, The bill already bed passed
the house.
•
jl
'- ■ ~ '
Maine Instructs 15 Delegates
to Secure Coolidge Nomination
Northeastern State Sets Aside Old Custom to Further
President's Cause—Connecticut’s 17 Prepared to
Vote for Him at Convention.
Portland. -Me.. April 3.—The republican state convention today voted
to Instruct its 15 delegates to the national convention at Cleveland to
“use every honorable effort to secure the nomination of Calvin Coolidge
for president of the United States.”
This action was taken after delegates and alternates known to be
favorable to Mr. Coolidge had been selected. Instructions never had been
given previously by republican state conventions in Maine except in the
cases of two 'favorite sons.” and once In the Fourth district for former
President Roosevelt.
Hartford, Conn., April 3.—Connecticut's delegation of 17 to the na
tional republican convention at Cleveland in June, selected at the state
republican convention here today, will be an uninstructed delegation, but
Its members will be prepared to vote for Calvin Coolidge for the presi
dential nomination. At the national convention four years ago It was the
Connecticut delegation which early declared for Mr. Coolidge for vice
president and it was J. Henry Roraback, national co.vmltteeinan front
tills state, who presented Mr. Coolidge’s name. Mr. Roraback today
headed the list of delegates at-large chosen, and he was re-elected chair
man of the new state committee. lie will be again eicted national com
mitteeman by the Connecticut delegation as it proceeds toward Cleveland. 1
Ex-Nebraskan on
Flight to Study
Storm Currents
Former Lincoln Man and
Army Officer Drifting
Over Middlewe§t in
Balloon.
Scott Field, Belleville. Ill . April 3 —
No word has been received from Dr.
C. Leroy Meislnger, formerly of Lin
coin. Neb., now of the central office
of the United State# weather bureau,
and Lieut. I. A. Lawson, who are
drifting in a balloon somewhere over
the middle-wept today, studying storm
currents at high altitudes, it was an
nounced here this afternoon.
Both men cast off here Tuesday
evening, and had food supplies for
three days.
They took carrier pigeons with them
and had radio Instrunwnts.
When tost seen they were drifting
east at a height of 10.00# feet.
U S. FLIERS READY
TO HOP OFF TODAY
Seattle. Wash , April 3 —Although
weather conditions as reported for
fino miles north of Seattle were not
considered perfect today. Maj. Freder
ick L. Martin, commanding a squad
ron of four planes of the United
States army engaged in a circum
navigation of the globe, said:
"We expect to be on our way to
morrow."
The weather, it was stated, hsd
shown Improvement since yesterday
on the marine route to Prince Rupert.
B. C., over which the next jump Is to
tie made, and the machines were in
order for tha trip.
The hour set for departure wap 6:30
tomorrow morning.
QUAKE FRIGHTENS
SHOW AUDIENCES
San Francisco. April 3.—A slight
earthquake Phock was felt in the San
Francisco tiay region a few minutes
before 4 today. No damage was re
ported.
San Jose. Cab, April 3.—A slight
earthquake shock felt here Just be
fore 4 caused audiences to leave the
aters. No damage waa reported.
SANITARIUM FIRE
CAUSES 2 DEATHS
Morgantown. N. C., April I—At
least two patients of the Broad Oaks
sanitarium here were burned to death
when fire destroyed one wing of the
building. Two bodies have been re
covered from the ruins and officials
lielieve that two or three others lost
their lives.
Secretary Opposes Unitetl
Army and Navy Air Service
' Washington. April 3—Secretary
Wilbur is opposed to any project
which contemplates a united army
and navy air service, he announced
today. The naval secretary said,
however, that he favored the fullest
possible co-operation between the two
services In both tactical and admin
istration problems.
Under Secretary of State’s
Daughter Will Go on Stage
London. April 3.—Misa Elizabeth
Ponsonby, daughter of the under sec
retary of state for foreign affair*. Is
hooked to appear In Guv Bolton'a
farce. "Polly Preferred," at ths Roy
ally theater.
I .a st week Miss Ponsonby mads
her debut ns a mannequin in the
fashion parades.
( The Weather
W ,r ..... . >
Prarlpltation. inch** and hand rat ha:
Total, o Total alnca January 1. i SI. a*
c#i*. .$0
Hourly 1 rntperalttre*
n a tn.4 7 t |». m ., II
4 a in.4 b 3 |v m..11
7 a. in .......4t* * p im. 14
■ a m..... . 4 p Tty..... . 45
• • nt ..... bJ bp tn. ..,.. lb
10 a tn . . . M Ip tn. 14
II a tn . * 7 p. tn .•«
13 noon I p m........11
Iowa Democratic
Delegates Will
O
Go Unitlstructed
Majority Said to Fat or Mc
Adoo — Herring ^ ins
From Marsh for Na
tional Committeeman.
By XmorlaM Prese.
Davenport, la., April 3.—An Iowa
delegation to the democratic national
convention in New York, declared to
lit favorable in the main to the pi esl
dential candidacy of William G. Mc
Adoo. but uninstructed, was selected
by the democratic state delegate con
vention here today.
The convention also named a dele
gallon favorable to the candidacy of
Clyde L. Herring of Dea Moines. Ia .
McAdoo manager, for Iowa national
committeeman and adopted resolu
tions pledging agriculture a greater
measure of relief, supporting adjusted
compensation for world war veterans,
welcoming labor into the councils of
the party and criticising severely lead
era of the republican administration
for what was,termed "a betrayal of
the people in the administration of
the nation's affairs."
The convention was the most
spectacular ever held by the part?
In Iowa, a sharp division over selec
tlon of delegates at large deadlocking
proceedings and making It necessary
for party leaders to postpone until
tonight a scheduled meeting for the
selection of a slate of candidates for
minor state and congressional offi
cers.
Majority Favor McAdoo.
No proposal was brought lieforo
the convention for an instructed dele
gation to the national convention.
This, McAdoo leaders explained. »ss
not an Indication of lack of McAdoo
sentiment. The resolution was with
held. it was said, in deference to the
wishes of a large number of McAdoo
supporters, who believed the hands of
the delegates should not be tied.
Tho supporters of Mr. Herring
were unanimous in declaring a m«
jorlty of Iowa's delegates were favor
able to McAdoo. and succeeded in
putting through a resolution Instruct
ing the delegates to vote as a unit.
Likewise. no mention was made of
endorsing candidates for vice presi
dent, although a number of delegates
dealred to put through an honorary
resolution on behalf of E. T. Mere
dith, former secretary of agriculture.
•'Dawn at New Order."
The victory of Mr. Herring over
national committeeman Wilbur W.
Marsh of Waterloo, who has held that
office for 10 yeara. signalizes, the Herr
ing leaders declared, "the beginning of
a new democratic organization in
Iowa."
In a statement shortly after his
election was assured, Mr. Herring de
clared the party In this state, under
his leadership, would constitute "a
militant, progressive organization"—
an opposition party so conducted that
It will he a force for clean politics and
democratic rule, even though It may
not hold the reins of government.
Tit# delegates at large chosen were
regarded aa a compromise between
the Marsh and Herring factions, hut
will not materially change support to
Herring of the entire delegation. Her
ring claimed 17 of the 22 district dele
galea and flvs of the delegate# at
large were aatd to favor him for na
tlon committeeman.
Dnlegatea-at-lArge.
Tha delegation-at large includes: E.
T Meredith. Dea Moines; Michael F.
Healy, Fort Dodge; E. J. Faullng.
state chairman, of New Hampton.
Mias Ann It l-awthor. Dubuque: Mis*
.lentils (1. Gorlette, Oskaloosa: Dr J.
W. Reynold*. CVetton; George Me
kota, Cedar Rapid*, and Glands l*or
ter. Gentervtlle. J. Ray File# of Fort
Dodge, the party'* last candidate for
governor, and I tan Stech of Ottumwa,
a probable candidate for I'nlted
State* senator, were placed upon dis
trict delegation*.
Th* convention did not endorse a
candidate for national committee
woman under the 50 50 rule, which
become* effective In June.
Bucketing
of Orders
is Charged
Warrants Issued for Represen
tatives of New York Ex
change Company W hich
Failed for $10,000 000
Firm Had Branches Here
E. W. Wagner & Co., prior to its
lailure, maintained two brandies in
Omaha, one in the Omaha Grain Ex
ebauge building and tlia other in the
Hotel Fontenelle.
Although the company did an ex
tensive business here, no one in the
city suffered an appreciable loss
through the crash.
New York, April 3.—Defectives
ie/t for Chicago tonight with bench
Warrants, in search of four met
against whom a grand jury today
returned 30 indictments for bucketing
orders of the New •ork stock ex
change firm of E. W. Wagner A Cr .
which closed its offices in 41 citiwe
in ' December, 1911, and failed for
$10,000,000.
The b-nch warrants named ErrfS
W. Wagner, directing head of the
firm: Frank W. Donaldson, manager
nf its main office at Chicago: Charter
A. Johnson, manager of its New Tore
branches, and Ernest Tietjens, ths
concern's chief financial adviser.
Members of the district attorney s
staff have gone to Albany to prepare
extradition papers in expectation that
the quartet will fight removal to New
York for trial.
Operates in Many CiFe*.
E. W. Wagn-r & Co., wa» one of
the most active brokerage firms ir.
America. It had membership In the
New Y'ork stock exchange, the New
I York cotton exchange and the Chi
cago board of trade.
With a main office in Chicago and
two branches in New York, it operat
ed in 39 other big cities. If* private
wire system was noted. Two years
I'efore the house failed it I'jstributed
among Its employes $300,000 In Christ
mas bonuses.
The indictments charge that head*
of the firm swindled it* customers
by trading against them through s
system of 12 "house account*"
Colossal sums were alleged to have
passed through these accounts. In
[ v -stigators for the district and fed
Icral attorney were reported to have
told the grand jury that in two years
of delving through as many of the
firm's records as they could flnd,
they were unable even to estimate
the extent of it* transactions. One
| house account alone was "short
1120,000.000 at one time, they testified
Records Missing.
Authorities declared before General
Sessions Judge McIntyre, in whose
court the grand jury presented the
indictments, that records most valu
able to the prosecution were missing
Detectives, who went to Chicago to
investigate reports that some of the
firm's ledgers had been destroyed,
returned saying the records had been
sold for junk and transformed into
paper pulp.
There were 30 complainants agasr s'
heads of the bankrupt brokerage
company—men and women in all
walks of life.
The Armours of Chicago and
Charles Chaplin were said to 1'*' e
I been customers of the bankrupt®
Morris Friedburg. Detroit jeweler
I claimed to have been swindled of
$400,000 in a deal for Willy e-Over land
stock. William H. Bohlever charged
he was defrauded of thousands of
dollars in a Famous Flayers Lasky
corporation stock transactions.
Order Bucketed. Claim.
Thomas K. Morris of Syracuse *®
cused the Wagner concern of bucket
ing his order for Baldwin Locomo
tive shares. J. J. O'Brien of this
city said he bad i>een similarly dr
frauded in the purchase of 1,S#0
shares of United States Steel.
I Sixteen months after the failure.
John S. Sheppard, receiver for the
I bankrupts, submitted a plan for set
tling with creditor* for $0 per cent
of their claims in cash ami 50 per
j cent in notes of a corporation to be
organized to realize on "slow" assets
the firm was believed to posses*.
r
Summary of
The Day In
Washington
A house committee began hear
ings on the advisability of amend
ing section IS of the merchant
marine act.
Secretary Mellon concluded hi#
testimony on taxes In a three hour
session of tha eenate finance com
mittee
President Ooolldge conferred with
hla advisory committee o«i co-or
dination of rail and water trans
portation.
I'r. Ktwood Mead of Berkeley.
Cal., waa appointed h>- Secretary
Work, commissioner of the bureau
o( reclamation.
Tha senate committee investigat
tng alleged Texas land frauds re
sumed its hearings and received a
hatch of documentary evidence
Subpoenas were issued hi the
senate oil committee for J. B
French of Oklahoma City and Rob
ert F. Wolfe of Columbus. O- who
will be questioned as to gossip
about oil deals at the tJIO repub
lican convention^
*