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This newspaper page contains 2 articles. Subscribers can read the full text of each article.

Newspaper

New York Times

Location

New York, New York, United States of America

Date

Jun 06, 1919

Page

7

Price fixing and housing crisis attack big corporations

Geruel Untermyer testified before the Aldermanic committee on New York City’s housing crisis. He accused large finance and steel firms of withholding loans and fixing prices, urged vigorous prosecutions of trusts, and warned that labor needs protection from predatory corporate practices. He argued for government oversight of trade and financial monopolies and defended labor unions as essential to social welfare.

Geruel Cntermyer New York City France Bel Revolution T Europe Uatermyer Untermyer Yonkers Pitone Nis

Metropolitan Life Defends Real Estate Lending Practice

Frederick H. Ecker of Metropolitan Life Ins Co sent a letter to Samuel Untermyer denying the charge that life insurers and investors halted real estate loans, arguing government controls and war loans reduced investment options. He stated Metropolitan has prioritized housing needs, disclosed stock holdings, and highlighted substantial NYC mortgage activity and farm land loans to support communities.

Frederick H. Ecker Metropolitan Life Insurance Company Samuel Untermyer United States Metroolitan Ecker Den New York City Hve New York

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