Morgan inquiry nears focus on tax evasion and holdings
Washington June 3 with the senatorial probe of J F Morgan and partners due Monday key topics remain unexamined. potential tax evasions by individual Morgan partners the Alleghany railroad holding setup losses to investors and stock exchange ties involving Richard Whitney loom. Lamont questioning and the Mitchell tax case add to the anticipated lines of inquiry as Pecora notes a December 1930 stock sale pattern.
MENTIONED IN THIS ARTICLE
Leslie Gould
Washington, D. C
J. F. Morgan and Company
Ste
Morean
House of Morgan
Alleghany Corporation
Sweringen Brothers
The
Stock Exchange
Richard Whitney
George Whitney
Morgan
Thomas Stilwell Lamont
John W. Davis
Lamont
Ode
Robo wolf killed near Animas by Echols in New Mexico
The largest robo wolf in months was brought down by W C Echols near Animas New Mexico. The animal reportedly weighed about 85 pounds and was believed to be a cattle killer.
MENTIONED IN THIS ARTICLE
Albuquerque
New Mexico
WC. Echols
Animas
American Obtains China Editorship in Shanghai
Stevens Point Wis June 3 Malcolm Rosholt has accepted the city editorship of the China Press at Shanghai and is en route to China. Rosholt formerly was assistant city editor and joined the staff during the Mukden bombardment in September 1931. He is a grandson of J G Rosholt founder of Rosholt Wisconsin.
MENTIONED IN THIS ARTICLE
China
Stevens Point
Wis
Malcolm Rosholt
China Press
Shanghai
Mosholt
Mukden
J. G. Rosholt
Rosholt
Principal Named for Karnes City Grammar School
Karnes City reports W. G. State of Finnesville has been elected principal of the local grammar school as of June. The appointment strengthens the school’s leadership team amid ongoing department changes.
MENTIONED IN THIS ARTICLE
Karnes City
W. G
Defective Powder Saves Girl in El Paso Incident
In El Paso Josefina Villa Gomez aged 7 escaped a fatal injury when a bullet from her father's pistol, kept under his pillow, misfired due to defective powder. The pellet struck her forehead but failed to penetrate the skull. The event underscores a dangerous household lapse and safety concerns.
MENTIONED IN THIS ARTICLE
EL Paso
Josefina Villa Gomez
Income Taxes Stress in Morgan Quiz Probe
Testimony in a Morgan inquiry shows no wealthy partners paid income tax for 1931 and 1932. Thomas W. Lamont, senior partner, faced questions on 5087 share sales. he could not recall them and was ordered to review records for Monday testimony. Chairman Fletcher overruled objections and urged Lamont to prepare his answers.
MENTIONED IN THIS ARTICLE
Thomas W. Lamont
Pbsence
Europe
Young Lamont
Andy Eat Adree
Fletcher
Davis
Lamont
Feedora
Morgan Firm’s Hidden Partnership Mechanism Revealed
Washington D C June 8 The Senate committee exposed how the J P Morgan firm operated a perpetuating partnership system that dies when a partner leaves and is reborn under the same name. The arrangement allowed profits of 70 to 80 million for Morgan in years leading to 1930 with taxes reduced by losses. Original capital stood at 50 million. assets listed at 424 thousand last year.
MENTIONED IN THIS ARTICLE
Washington, D. C
Morgan
Senate Committee
J.pb
Morgan Gom
Hig
J.P. Morgan and Company
Gherrielves
Catch Em Young Business Rule
A University of Western Australia committer reports business leaders prefer younger hires and train them over graduates. In Boston crowds gathered at the Charlestown navy yard to tour two Italian submarines and two patrol boats during a 10 day stay. the four ships carry 212 crew members on their Gibraltar Greenland voyage.
MENTIONED IN THIS ARTICLE
Perth
Univeristy of
Western Australia
Boston
INS
Charleston Navy Yard
Gibraltar
Greenland
Vienna tax collectors armed over safety fears
Vienna authorities report that tax gatherers now carry firearms after a government petition by collectors seeking protection due to rising danger. The June 3 notice notes the measure aims to safeguard personnel during tax collection operations.
MENTIONED IN THIS ARTICLE
Vienna
Millionaires in Miami Seek Ultra Exclusiveness
Miami reaches for a new ultra exclusive enclave as Surfside would become a separate municipality within the winter resort area. The bill to create Surfside faces opposition from Marin Beach interests and local chamber groups who warn it could halt expansion and raise taxes, preserving Surf club tax benefits.
MENTIONED IN THIS ARTICLE
Miami Reach
Fla
America
Surfside
Mn A. Frank Kalzentine
Maral Beach
Chamber of Commerce
Minin! Beach
Surf Club
Police Aid Responds To Overeater Call In Portland
Portland officers rushed to help Margaret Farrell sixteen after a misdial led parents to seek aid for their daughter who was suffering from acute poisoning feared to be caused by ate mince pie. The squad arrived on the scene to find the girl in distress and arranged medical assistance.
MENTIONED IN THIS ARTICLE
Portland
Ore
Ube Sheriff’s Office
Margaret Farrell
Marge
Wisconsin pastors collect old jewelry drive
In Superior Wisconsin on June 3 the Superior Ministerial Association began a drive to collect old jewelry to fund churches and return proceeds to national coffers. Parishioners are asked to deposit old jewelry in church containers for smelting and shipment to Bash for processing.
MENTIONED IN THIS ARTICLE
Superior
Wis
Superior Ministerial Association
Indiana Exports in 1832 Rise Over 1931 Totals
Indiana exports of merchandise for 1832 were valued at 17,244,177 dollars, rising from 930,604,426 in 1931. Indiana gasoline shipments to foreign counts reached 2,008,916, up from 1,750,985 in 1931. Auto exports stood near 1967,605, compared with 4,285,605 a year earlier, while auto parts totaled 61,731,084, up from 52,041,678.
MENTIONED IN THIS ARTICLE
Indiana
Washington, D. C
Commerce Department
Also Mentioned on This Page
Morgan Cage
Carter Glass
Ferdinand Pecora
Senate
Glass
Pecora
Organ Gan
LA Yrs
Hearst
William Randolph Hearst
Hearst Consolidated Publications, Inc
San Antonin Light
Brondway
San Antonin
Pex
Winne
Hdtirene
Miami
Wisconsin
Darlin
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