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Cougruin Gank Frauds Target Detroit Bankers
Detroit bank officials deny organized fraud schemes and say Father Coughlin’s attacks are unfounded as grand jury proceedings adjourn to next Wednesday. E J Stair, president of Detroit Bankers Company, and Peter Monaghan defend banking methods while noting stock and cash increases before the banking holiday. Blair denounces Coughlin’s statements as a pack of lies directed at him.
MENTIONED IN THIS ARTICLE
Detroit
Samet O. Murfin
First National Bath
Epor
Wilreriy
Serster Dar Courens
Charles E. Caughiay
Marlin
E. J. Stair
Detroit Bankers Company
National Bank-Detroit
Peter J. Monaghan
Fleet National
Deniais Ue
Mle
Stair
Detroit Free Press
Monaghast
Father Couehlit
Michigan
Hus
Br Maine
Blair
Father Coughlin