Bank Loan Fight Ties Michigan Figures to White House
Testimony describes how Union Guardian Trust and Detroit bankers sought a loan from the Reconstruction Finance Corporation to bolster a troubled mortgage company. Senators Couzens and Vandenberg faced questions over secrecy and the loan plan. Officials discussed assets and the need for public support from voluntary contributions to qualify for aid. The case centers on the risk to the trust company and its parent group amid looming bank closings and frozen deposits.
MENTIONED IN THIS ARTICLE
United States
Michigan
Clifford B. Longley
Union Guardian Trust
Comany
Detroit
James Walsh
R. F
R. F.C
Conzens
Sain Vandenberg
Laurens
Jowens
Union Guardian Trust Company
Guardian Detroit, Trion Group, Inc
Ihisk Company
White House
F. A. van
Couzens
Cousens
Priests Statements Questioned by Grand Jury In Detroit
Detroit Aug 25 The Grand Jury questioned Father Coughlin and his staff about potential federal indictments related to records at Peak National Bank Detroit and Guardian National Bank of Commerce. The inquiry touched on the scope of the department of justice and ongoing investigations involving Father Coughlin.
MENTIONED IN THIS ARTICLE
Bank
Society Girl to Sue Mate in San Francisco Divorce Suit
Mrs. Richard George McDonald, a member of one of San Francisco’s oldest families, will file for divorce here. Frances Pringle, later Mrs. McDonald, was a debutante who eloped to San Rafael in May 1924 and married the Glasgow born lumberman. Her wedding plans were foiled by the elopement.
MENTIONED IN THIS ARTICLE
Ban Francisco
Richard George McDonald
Ben Krancisco
MacDonald
Myr
Edward J. Pringle
Webster Street
Frances Pringle
McDonald
San Rafael
Glasgow
Scotland
Prand
Edwald J. Fringle
California
John Perker
Miss Pringle
Burglar Sited by Homeowner in Akron
Clarence Willy sat on a burglar hiding under his bed until police arrived. The suspect, a 14 year old, claimed he had a wild idea to rob the house as he passed by. Treasury receipts show August 29 figures with receipts at $64,536,670.62 and expenditures at $97,719,043.09.
MENTIONED IN THIS ARTICLE
Vandennorg
R. I
Yoshing Wan Enid
R. F.C
Nator Coveens
Juan
Hoover
Owens
Miller
Burt Company
Akron
Ohio
Clarence Willy
Treasury
Washington, D.C
United States Treasury
Matty
Autograph Book Reveals Sermon by P. T. Barnum
Ohio notes Aug 25 Old autograph book of Henry G. Wells shows P T Barnum wrote in 1865 a moral line about honesty and virtue. Wells met Barnum while attending a college near Poughkeepsie New York.
MENTIONED IN THIS ARTICLE
P. T. Barnum
Ohio
Tinh Moe “Han
T. Barnum
Avery
Oaely Olper
Henry G. Wells
Wells
Poughkeepsie
Barnum
New Zealand Moves to Aid Shoe Industry and Jobs
Wellington reports government steps to assist boot and shoe makers by supplying shoes to workers on state unemployment payrolls. Workers will repay by extra paid work, aiming to boost production and employment in the industry.
MENTIONED IN THIS ARTICLE
Wellington
N. 2
New Zealand
State
Baby Burial Scheme Bares In Texas Case
Two women confessed involvement in a fake baby burial scheme conducted across Texas and neighboring states. They collected funds claiming to bury a child of the younger woman, soliciting in over 1000 towns. The infant died at Taylor Hospital months earlier. bodies and arrangements unsettled, while authorities suspect kidnapping and consider an autopsy. The husband of one woman faced questioning as Justice Department agents investigated.
MENTIONED IN THIS ARTICLE
Palestine
Texas
Louisiana
Arkansas
Mississippi
Tennessee
Taylor
Conroe
Department of Justice
Clain
Uruguay Invites Parley for Pan American Conference
The Uruguayan government invites American republics to Montevideo for the seventh Pan American conference set for December 3. The item notes San Antonio real estate growth with a real estate ad promoting top offers.
MENTIONED IN THIS ARTICLE
Uruguay
Washington
Amertero
Montevideo
Tovest
San Antonio
San
Chassis of Elephant in California
Workmen uncover a huge elephant thigh bone at a drainage excavation site in Signal Hill California. The 4 foot long bone measures nearly 8 inches in diameter and weighs about 100 pounds. The find is linked to ancient tusked elephants roaming Southern California 40 000 years ago.
MENTIONED IN THIS ARTICLE
Los Angeles
Forest of Southern
California
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