Detroit Bankers Collapse Trails Through Senate Hearing
The Senate banking committee heard testimony on the Detroit Bankers Company failure as its 900,000 depositors faced risks. Edward W. Stair, president, and Ferdinand Pecora facing questions about mismanagement, foundation details, and the holding company’s assets while Italian and other testimonies surfaced.
MENTIONED IN THIS ARTICLE
Washington
Pecoras Yelendegs Podding
Italy
Blair
Stakr
Intercel
Decora Tured
First National Bank
Stair
Bankers Company
A. B. Laybin
Pecora
First National
Layham
Layborn
The
Tremendous
Siair
Argentine debt rises during 1933 to 3.21 billion pesos
The treasury reported today that Argentina's national debt increased by 144.6 million pesos in 1933, bringing the total to 3,207 million pesos, about 1.02 billion dollars. The figures reflect the annual expansion in the federal debt as economic conditions pressed government financing.
MENTIONED IN THIS ARTICLE
Aires
Treasury
Tax Strike Shuts NYC Cabs Over Taxi Tax
New York drivers number in the thousands walked off today amid tax disputes over a city imposed tax on taxi meters. The levy, upheld by a court earlier, led to a 20 cent meter rate after an initial rise. Escrow holds several hundred thousand dollars while negotiations continue.
MENTIONED IN THIS ARTICLE
New York
Tammany
John F. O Brien
Sewer Pipe Theft leads to arrest in San Antonio
Pipe valued at 150 dollars used in sewer connections triggered arrest of Josep Marshall. He was arraigned on seven counts of theft of government property. Commissioner Paul A. Lockhart set temporary bond at 1000 dollars after a not guilty plea. Justice agents say the pipe served new NCO quarters and was sold to several San Antonio stores.
MENTIONED IN THIS ARTICLE
Ted
Josep Marshall
United States
Paul A. Lockhart
Marshall
Department of Justice
San Antonio
Abuse of CWA in El Paso Charged
The Texas relief commission forwarded to the secretary of labor a complaint alleging CWA workers in El Paso were required to show union membership cards before assignment to jobs. An advertisement offers washing machine service terms and conditions announced over the ETSA schedule.
MENTIONED IN THIS ARTICLE
CWA
el Paso
Austin
Texas Relief Commission
Secretary of Labor
Washington
Sunshine Laundry
ETSA
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