Senate inquiry pivots to Morgan Europe operations
The Senate inquiry into J. P. Morgan and Company shifts focus to European dealings of a London partnership tied to the New York firm. Senator Reynolds interrogated Morgan partner George Whitney about foreign involvement and stock bargain opportunities amid questions of royal or state participation.
MENTIONED IN THIS ARTICLE
Morgan Company
Sas
Great Britain
Reynolds
United Press
Washington
Senure
J. P. Morgan and Company
London
New York
Dem. N
George Whitney
Morgan
Kephart Bought Stock Through His Wife
Senate inquiry reveals John W. Kephart, a Pennsylvania jurist, bought bargain stock through his wife Ferdinand Peel. George Whitney testifies Morgan’s units of United Corporation were allotted to London and Paris offices at 75 a unit, paid for by Mrs Kephart, with 12,000 and 25,000 units allocated to Morgan Grenfell and Morgan London.
MENTIONED IN THIS ARTICLE
United Press
Washington
Senate
J. P. Morgan and Company
John W. Kephart
Pennsylvania
Ferdinand Peel
George Whitney
Morgan
Kephart
Allegheny Corporation
Whitney
Pecora
United Corporation
Morgan, Grenfell ‘and Company
London
Morgan Bt
Paris
Morgan and Co
Lonnon and Pury
United Corporation Securities
Unite
United States
Heynolds
Charleroi Youth Returns Home in Coffin After Crash
A Chapleroi youth Addison C Spencer 25 son of Mrs Irene Spencer Charleroi died in an army plane crash near Csson Pass Cal Rosa and Privates Charles Leadbetter Roseburg Ore and J E Ramano Syracuse N Y were killed two others injured and the pilot escaped The flyer left home at 19 and last communicated with his sister Margaret Funeral services will be held soon.
MENTIONED IN THIS ARTICLE
Charleroi
WSS
Csson Pass
San Bernardino
Calit
Addison C. Spencer
Irene Spencer
Charleray
Charles Leadbetter
Roseburg
Ore
J. E. Ramano
Syracuse
N. Y
Spencer
Margaret
Toth
March Field Riverside
Calli
Hela Ty
Sherwood Missing Witness Declares He Is Broke
New Yorkers await the return of Russell T. Sherwood, a figure in the James Walker probe, who says he is broke and cannot pay a $50,000 contempt fine or a $49,000 back income tax assessment tied to Seabury investigations. He resides in Nyack, N Y. and disappeared amid the inquiry.
MENTIONED IN THIS ARTICLE
Russell’ T. Sherwood
James 4. Walker
Sherwood
Nyack
Eplirtne
Seabury
Walker
Several Beer Licenses Issued in Corry City
Several people and establishments received beer licenses in Corry beyond the announced list from County Treasurer Lawrence Taylor. Recipients include The Prcs Club on North Center, O. Daugherty, Phoenix Hotel on East Main, William Randal on West Smith, Charles Racke on North Center, and Ralph Chirienzio on First Avenue. Errors in the license types were noted, mislabeling distributors as retailers in the treasurer’s notice.
MENTIONED IN THIS ARTICLE
Lawrence 'Taylor
Corry
Prcs' Club
North Center Street
Daugherty
Phoenix Hotel
East Main Street
William Randal
West Smith
Jensea
Charles Racke
North
Genter Street
Ralph Chirienzio
First Avenue
House Debates Davis Nomination and Roosevelt Reform Plan
Washington lawmakers pushed to oust Norman Davis as special Europe envoy while debating Roosevelt railroad reorganization. In Harrisburg Governor Pinchot signed a German bill for state hospital aid, funding blocked by vets’ bond plan. Senate approved suspending rules to consider Trammel amendment to the Independent Offices bill, citing reduced compensation for service disabilities.
MENTIONED IN THIS ARTICLE
United Press
Washington
Tinkham
Rep
Mass
Norman Davis
Europe
Harrisburg
Pinchot
Senate
Chamber
Independent Offices
Peter Ani
Legion Parade and Rally to Honor National Legionnaires in Corry
Corry hosts a large American Legion gathering on June 10 with members from western Pennsylvania eastern Ohio and western New York expected to attend. Notables include Uniontown department commander Paul Griffiths along with district leaders. The event features a parade through main street bands and drum corps a county committee meeting and an address by Griffiths followed by luncheon and dance.
MENTIONED IN THIS ARTICLE
Corry
American Legion
Elmer
Carrier Post
Pennsylvania
New York State
Pista
Paul Griffiths
Uniontown
Legion
Th Auxiliary
Wiie
Rock Hart
Ere
Griffiths
Jeter
Hammond Held for Court Tucci Released on Bond
Ross Hammond pleaded guilty to breaking and entering in two chicken thefts near Columbus. He was remanded to Warren County Jail for grand jury action while his sister Tony Tucci was released. Authorities seek accomplice as tracks indicate two people involved and further investigation continues with a grand jury planned for the next term.
MENTIONED IN THIS ARTICLE
Ross Hammond
Columbus
Justice of the Peace
Perry K. Mead
Hammond
Warren
Grana
Tony Tucci
Mound Street
Warren County
SB Gidsby
Mary Wickwire
Himmond
Iit
Wickwire
Crosby Pisces
Astase
Senate backs partial cap on veterans aid changes
Senate leaders announced they would accept an amendment to the veterans aid supply bill limiting reductions in compensation for service connected injuries to 25 percent. Senator Byrnes said the president would implement new regulations setting minimums and adjusting discounts for Spanish American veterans over 62, amid Senate resistance to broad cuts.
MENTIONED IN THIS ARTICLE
United Press
Ashingston
Senate
Jeaders
Byrnes
Byres
Harrison Seeks Revision of Tax Provisions in Public Works Bill
Senate Finance Chairman Harrison proposed a complete revision of the revenue provisions in the industrial recovery public works bill as passed by the House. He favors a capital stock tax replacing higher income taxes and a reduced rent tax, projecting a net raise of about 27 million dollars to fund the 3.2 billion dollar program. He also called for taxing store dividends at the source and removing private bankers from the capital gains exemptions, detailing a 27 million total from various tax changes.
MENTIONED IN THIS ARTICLE
United Press
Washington
Harrison
Senate Finance Committee
House
Jhfuurison
Mississippi Democrat
Morgan
Government rests in case against Mitchell
The government rested today in the case of Charles B Mitchell former chairman of the National City Bank accused of evading income taxes amounting to about 850000 for 1928 and 1930. The final witness Martin Wonkel testified Mitchell owed the government 758018 for 1999 and 121718 for 1920. Philadelphia publisher Cyma H K SMe was reported dying at his Philadelphia home this afternoon.
MENTIONED IN THIS ARTICLE
Unitee
New York
Charles &. Mitchell
National City Ball
Martin Wonkel
Reauiry Department
Intelligence Service
Mitchell
Kansas Prison Fugitives Leave Trail of Crime
Fugitives from the Kansas state penitentiary were sighted across the tri state area. Lewis Bechtel was captured near Dripping Springs, Arkansas by Floyd Glenn of Delaware County Oklahoma. Reports say Bechtel offered no resistance. Five others are believed hunted by Delaware County posse members. The band, linked to Wilbur Underhill and Harvey Batley, reportedly robbed a Chelsea bank and escaped with 500. The escapees triggered a wave of robberies, abductions, and murders across Arkansas, Missouri, and Oklahoma. A night watchman was killed at Chetopa, Kansas, as the fugitives carried six hostages for protection.
MENTIONED IN THIS ARTICLE
United Press
Siloam Springs
Arks
Lewis Bechtel
Kansas State Prison
Dripping Springs
Floyd Glenn
Steriff
Delaware County
Okla
Betchel
Miami
Wleven
Kansas State Penitentiary
Tri-States
Lansing
John York
Graig County
Wilbur Underhill
Harvey Batley
Motoribus
Bank of Chelsea
Underhill
York
Kansas
Arkansa
Missouri
Oklahoma Hills
Chelsea
Slaht
Chetopa
Kens
Frm
Roosevelt Warns Senate Over Economy Bill Veto Threat
President Roosevelt warned senators that he may appeal directly to the people if the independent offices bill is emasculated by amendments. He said he would veto the measure if changes endanger government credit.
MENTIONED IN THIS ARTICLE
United Press
Washington
Roosevelt
Senate
Independent Offices
Coal Producers Association of Western Pennsylvania formed
A new organization, the Coal Producers Association of Western Pennsylvania, formed to cooperate with the federal government in regulating the bituminous coal industry under the Wagner act. Twenty two companies signed articles to follow a code of fair practices approved by the President. representatives from twenty five other companies supported the move.
MENTIONED IN THIS ARTICLE
Pittsburgh
Wagner
Western Pennsylvania
Witeteen
Coal Producers Association of Western Pennsylvania
Hosford
Butler Consolidated Coal Company
Algady
Hawks Speeds East In Robot Piloted Plane
Lieutenant Commander Frank Hawks launches from Municipal airport at 6 51 PM in a plane guided by a mechanical robot as he aims to beat his 17 hour West to East speed record by reaching New York in under 17 hours. He plans to fly via Colorado Kansas City St Louis Indianapolis Columbus to reach Ben nett Airport New York at speeds up to 440 miles per hour. The robot pilot will steer the craft within 2 degrees of course while Hawks monitors fuel and course accuracy.
MENTIONED IN THIS ARTICLE
United Press
Los Angeles
Frank Hawks
Munticipal Airport
New York
Hawks
Jimmy Haip
Colorado
Kansas City
St. Louis
Indianapolis
Columbud
Floya Bennett
Hayke
Plbme
Grim warning precedes world economic meet
London report details UK Chancellor Chamberlain warning of fiscal hard line in world economic conference and possible war debt payment changes. Labor demands policy statement on a 75.95 million dollar debt installment due June 15, with PM MacDonald preparing to cut holidays and travel to London. President Roosevelt’s debt revision stance noted but no new US steps. Also, honorary degree for Senator Reed announced at Pennsylvania Military College commencement.
MENTIONED IN THIS ARTICLE
Harry Flory
United Press
London
Stine
Seville Chamberlain
Great Britain
Nations
Fie
Labor Party
Chamberlain
United States
Britain
Thiray
House of Commons
Ramsay MacDmald
Lossiemouth
Scotland
MacDonald Dineelf
Roonevalt
Jain
Reed Chester
A. S
David A. Reed
Pennsylvania Military College
Carnegie Leader Stricken Pittsburgh
Dr Edmund Heguerre 63 head of the health and physical education department at Carnegie Tech died of heart attacks at home last midnight shortly after ending a private dinner party. He was a longtime leader at the university and a respected figure in local education.
MENTIONED IN THIS ARTICLE
Carnegie
Pittsburgh
Edmond Heguerre
Ambent Health and Physical Education Department
Carnegie Tech
Insurance restrictions to be lifted nationwide plan explained
Chicago June 2 action by the national convention of insurance commissioners will authorize a broadening of restrictions on life insurance policies surrender values. The committee reportedly plans a recommendation for states to follow the New Jersey model allowing access to near full loan value of life policies under certain conditions.
MENTIONED IN THIS ARTICLE
United Press
Chicago
National Convertiion of
Insurance
Also Mentioned on This Page
Quiz van Sweringens
Allegheny Corp
Journal
Bulletins
House For Action
Legionnaires
Penn
Paul Griffith
TUCCI
Perry Mead
Philadelphia
Cyma H
Brain Trust
Misa Celeste Jedel
Raymond Moley
Western Penna
National Industrial Recovery Act
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