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Morgan Defense Framed as Persecution in Senate Inquiry
The piece portrays defenders of the House of Morgan labeling the senatorial inquiry a persecution rather than a investigation. It quotes bank clerks harmed by reorganizations and pension losses, detailing long hours, pay cuts, and job insecurity amid the crisis. It notes movie theaters in Cleveland going movieless for weeks and Joseph W. Hartman, a New York banker, as a prominent stock salesman targeting depositors with special stock offers.
MENTIONED IN THIS ARTICLE
New York
House of Morgan
Ferdinand Pecora
Morgan
John W. Davis
Cleveland
Joseph W. Hartman
Harriman