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This newspaper page contains 4 articles. Subscribers can read the full text of each article.
Newspaper
Chicago Eagle
Location
Chicago, Illinois, United States of America
Date
May 19, 1900
Page
2
A city council resolution appoints a five member committee to investigate relations between money lenders and police and fire departments. The panel may summon witnesses and papers and must report within thirty days. The Eagle notes public interest and lists numerous individuals and firms connected to the 10 percent business.
A Chicago Sun style expose claims detectives nabbed Madden and Braddock for forgery after a staged loan attempt to Weber at 64 Clark Street. The piece accuses City Hall and Harrison Street officers of protecting the Weber loan ring, alleging officers guard the Weber pawnbrokers and receive protections and favors from money sharks.
A city of Chicago police backed effort notes loan sharks publish a daily bulletin listing all city employees who borrow from them. The distribution aims to prevent repeat borrowing by public workers and keep the sharks informed on who owes money.
A Chicago Eagle exposé asserts money sharks control city and county offices, tying up police pay and pressuring salaries through 10 percent demands. It names Comptroller Kerfoot, the City Treasurer, and police and fire departments as implicated, with calls for investigations and action by May or Harrison and the City Council. The piece ties arrests to the mortgage men, urges reader tips, and notes widespread officer hardships and graft across departments.
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