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Tax and political intrigue dominate Texas inquiry
Investigators probe US Trust and related firms as Rep. Mert McDaniel and former Sen. R. C. Lanning deny illegal payments and defend bills tightening security rules. Insurance officials debate enforcement and possible single commissioner while Gov. Shivers opposes centralization. State finances face deficits and eye future tax and election impacts.
MENTIONED IN THIS ARTICLE
Vern Sanford
Texas Press Association
Austin
Tex
US Trust and Guaranty
Mert McDaniel
Waco
US Trust
House
A. B. Shoemake
McDaniel
R. C. Lanning
Lanning
Board of Control
Shoemake
Renne Allred, Jr
Insurance Commission
Commercial Security Insurance Co
Houston
Allred
Legal Reserve Life Companies
Senate
Texas Legal Reserve Life Companies
Allan Shivers
Ies
Paul Conan
Commission
House Committee
Texas
General Revenue Fund
Robert S. Calvert
Calvert