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Newspaper
San Antonio Light
Location
San Antonio, Texas, United States of America
Date
May 28, 1933
Page
17
Washington report portrays Ferdinand Pecora as a relentless, witty prosecutor shaping the Mor gan and Morgan investigations. It highlights his method, toughness with witnesses, and praised conduct during the decade in the district attorney’s office.
The article profiles Ferdinand Pecora, born in Nicosia Sicily, who migrated to New York at age four and rose from law clerk to district attorney. It notes his courtroom style, taste for open hearings, and disdain for routine corporate work, with a focus on finance cases and bucket-shop busting. It also discusses General Atterbury and broad economic themes on demand, employment, and industry as the nation seeks a recovery through improved purchasing power and production signals.
In Harrisburg Pennsylvania Governor Gifford Pinchot and the state Democratic chairman demanded that Supreme Court Justices William Schaffer and John W Kephart resign because their names appeared on J P Morgan s preferred list of stock purchasers Pinchot said he would remove them if able and attacked Morgan practices and concentrated wealth The summer edition of The Light s Free Rental Directory is available at all Plegly Wiggly Stores
President Roosevelt endorsed the senate Morgan inquiry and urged it to continue after a White House meeting. Senator Couzens accused a whispering campaign to discredit Pecora, while hearings probe Morgan partners owed the firm and Glass Steagall reform moves loom.
The poem riffs on paytime in Wall Street and Madison Avenue style, imagining politicians singing from a marble cottage at Broad and Wall. It contrasts May and June with the lure of money, love pledged by day and night, amid civic windows and steady voices.
Washington May 27. Secretary of the Treasury Woodin, under fire in Congress over stock favors from J P Morgan and Company, has offered his resignation. President Roosevelt may accept if his presence embarrasses the administration. Cabinet crisis prompts calls for Woodin’s removal amid questions on tax collection duties.
Years of public scrutiny mount as new inquiries expose more Morgan and company connections. Four additional “avoyor late” entries are readied for publication, detailing illicit side offerings to close associates of General Motors and United Corporation. Other recipients and addenda appear among the listings as tension rises.
FORT WORTH May 27 INS Only slight change was noticeable tonight in the condition of Col. W T Waggoner a 1 year old oil man rancher and sports man who was struck with a brain hemorrhage Thursday Physicians declared there was only a slight chance to recover.
Gacy Martin awoke from a nap at a Tulare picnic on May 27 and found a large rattlesnake eyeing him. He captured the snake without injury, ending the tense encounter.
Washington May 11 reports of a widespread and subtle campaign to discredit Ferdinand Pecora special counsel arise as investigations begin in Washington. Senator Couzens Republican Michigan says an administration official promised to submit Pecora’s record as New York assistant district attorney to the senate banking committee amid charges of irregularities in Newark. Rival senators led by Glass Democrat Virginia defend Pecora while Fletcher Florida joins the attack, questioning the legal basis of Pecora’s appointment.
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