Five Iowa Insurers Face Senate Probing Over Dividends
Senator Browne of Jackson County urged the Senate Insurance Investigating Committee to probe the payment of dividends by five Iowa insurers including Inter-Ocean Cedar Rapids Des Moines Life and Annuity National Fidelity Life Hawkeye Security Fire North American National Fire and others. He alleged illegal dividends and criticized supervision and blue sky law exemptions while calling for examination dates payments and commission reports. The statements followed a closed session briefing and stressed potential irregularities in promotions and stock dealings within the industry.
MENTIONED IN THIS ARTICLE
Associated Preas
State Capitol
Des Moines
Browne
Jackson County
Senate Insurance Investigating Committee
Inter-Ocean of
Cedar Rapida
Des Moines Life and Annuity
National Fidelity Life
Sioux City
Hawkeye Security Fire
North American National Fire
North American Life Insurance Co
Grain Belt Hall Insurance Co
Iowa
Senate
Commissioner of Insurance
Inter-Ocean
Cedar Rapids
North America
National Fire
Insurance Commissioner
Demand for Resignation of Daugherty Intensifies
The push for Attorney General Daugherty to resign grows acute amid the oil scandal. White House protests rise from new sources as Coolidge consults with senators and cabinet members discuss future Justice Department conduct. Prosecutors and aides press for retirement while Daugherty defends himself as a bad day outside.
MENTIONED IN THIS ARTICLE
Associated Press
Washington
Daugherty
White House
Coullare
Roberts
Papper
Reed
Pennsylvania
Moses
New Hampshire
Wheeler
Montana
Department of Justice
Court rules in favor of Fairfield city council
Fairfield Indiana district court dismissed the ouster petitions against Mayor Sanford Ziegler and Aldermen Price and H. N. Brandall after an hour and a quarter opinion. The court found the proceedings not in good faith and taxed costs to the petitioners, including $450 attorney fees for defendants Starr and Thomas. General satisfaction followed the ruling.
MENTIONED IN THIS ARTICLE
Fairfield
District Court
Starr and
Thomas
Sanford Ziegler
Price
H. N. Brandall
Strike Triggers Price Rises Across England
British business leaders voice concern over dock strike disrupting American mail flow while housewives face higher meat prices as dealers cite unavoidable cost hikes. Officials report meat and other foods may rise 33 to 50 percent and say emergency measures are being considered to protect consumers.
MENTIONED IN THIS ARTICLE
Associated Press
London
French Chamber Boosts the Taxes in 5.7 Billion Francs Plan
Paris report notes the Chamber of Deputies ended a long night session approving thirty one articles of Poincare fiscal program. The premier secured a 20 percent tax rise after strong opposition, with M. Bokanowsky stating the new taxes would yield 5,700,000,000 francs.
MENTIONED IN THIS ARTICLE
Aiv
Associated Press
Paris
Chamber of Deputies
Poincare
M. Bokanowsky
Finance Committee
Downward Trend of Prices Halted In January
The general wholesale price level held steady in January, matching December’s average. Retail food prices fell about one percent for the month ending January 16. Farm commodity wholesale prices showed a slight net decrease.
MENTIONED IN THIS ARTICLE
Associated Press
Washington
Bureau of Labor Statistics
Doctrinal Fight Cuts Down Mission Funds
Dr. Robert W. Speer, secretary of the board of foreign missions, says a shortfall in the Presbyterian foreign mission fund will force drastic curtailment starting April 1. He reports 63 of 65 metropolitan congregations were notified that less than 4.5 million dollars has been pledged toward the 15 million goal due to west coast controversy.
MENTIONED IN THIS ARTICLE
Associated
New York
West
Presbyterian Church
Metropolitan Presbyterian
Robert W. Speer
Board of Foreign Missions
Brother of Louise Lawson in New York
Norman Lawson from Alvarado Texas worked with police to solve the murder of his sister Louise Lawson who was strangled in her fashionable New York apartment by gear thieves. Police noted he knew little of her life since she left home, and relatives believed she had attained success in theater and motion picture circles.
MENTIONED IN THIS ARTICLE
New York
Norman Lawson
Alvarado Texas
Louise Lawson
Committee to Recommend Big Mortgage Plan for Germany
An expert committee told associates the proposed plan would issue mortgage bonds backed by German railways and gov ernment revenues as the basis for regular Allied interest payments. France would receive about 312 million gold marks annually under a 25 percent share, with Britain 26 percent and other Allies sharing the rest.
MENTIONED IN THIS ARTICLE
Associated Presa
Germany
France
Great Britain
Italy
Belgium
Ruhr
Iowa House Passes Short Ballot Bill
Des Moines February 19. The Iowa House approved a short ballot bill for use in special municipal elections and a codification measure on municipal indebtedness. The code bill sets a 5 percent general limit but exempts bonds for sewage plants and municipally owned facilities. The Insurance Commissioner bill limits removal to the executive council. The Senate did not pass a concurrent tuition bill for Ames College before adjournment.
MENTIONED IN THIS ARTICLE
State Capitol
Des Moines
House
Senate
Boty
Ames College
Prominent McAdoo Supporter Admits Oil Ties
Tom Arthur of Great Falls Montana a delegate to the McAdoo endorsement conference says he is an employee not an executive of Continental Oil Company his job involves negotiating leases and rights of way He is a small stockholder in Mutual Oil recently acquired by Continental and Senator Walsh of Montana sent his endorsement through him sparking questions among Democratic leaders about oil influence in the nomination process.
MENTIONED IN THIS ARTICLE
Associated Press
Chicago
Tom Arthur
Great Falls
Mont
Wm. G. McAdoo
Senator Walsh
Montana
Teapot Dome
McAdoo
Continental Oil Company
Chicago Daily Tribune
the Tribune
Arthur
Mutual Oil Company
The
Continental
Walsh
Silas Strawn
Thomas Gregory
Washington
Thirteen Die in New York Tenement Fire blaze
Thirteen people including seven children die in a five story tenement fire in New York Citys Lower East Side. Incendiary origin suspected as flames race from basement to roof trapping eight families. Many victims found in beds or behind stairs, one infant burned at its mothers breast.
MENTIONED IN THIS ARTICLE
New York
Fast Side
Senator Greene of Vermont in Critical Condition
Vermont Senator Greene remained in grave condition after a Friday night shooting during a bootlegger chase. A second brain bone splinter removal operation followed by a brief improvement gives way to a relapse from a hemorrhage, with a cautious note of slight improvement at 6 a.m.
MENTIONED IN THIS ARTICLE
Associated Press
Washington
Senator Greene
Vermont
Prohibition Department
Doctor's Certificate Required Before a Marriage in Turkey
London reports from Constantinople that regulations require a medical examination for all individuals intending to marry. The doctor's report must be accepted by municipal authorities before marriage is allowed.
MENTIONED IN THIS ARTICLE
Associated Press
London
Constantinople
Daily Mail
Indiana University Defeats Michigan In Narrow Victory
The Indiana University quintet upset Michigan 23 to 22 in Ann Arbor as Lorber of Indiana hit a dramatic 50 foot shot in the final minute to seal the win. The game marked Michigan's first home defeat of the season and was described as highly spectacular.
MENTIONED IN THIS ARTICLE
Associated Pres
Ann Arbor
Mich
University of Michigan
Toasers
Indiana University
Lorber
Indiana
Senate oil inquiry probes high officials in stock dealings
Washington February 19 report on senate committee inquiry into alleged speculations by high federal officials in Sinclair Oil stock around Teapot Dome. Benkard firm officials testified while accountants may review New York records. other witnesses discussed immunity and subpoenaed records. Attorney General Daugherty faced defiant questions as cabinet meeting occurred with no resignation.
MENTIONED IN THIS ARTICLE
Senate Committee
Associated Press
Washington
Senate
Senate Oil Committee
Sinclair Oil Company
Sinclair
Teapot Dome
H. H. Benkard
New York
J. P. Benkard and Company
S. D. Bowers
A. H. Cook
Benkard
Bowers
Daugherty
Department of Justice
Counsel at Work Prepares Legal Action Over Naval Oil Reserves
Atlee Pomerene and Owen J. Roberts, special government oil counsel, met with President Coolidge after Senate scrutiny to discuss pursuing legal action to recover naval oil reserves. They plan suits to annul leases for Teapot Dome and Elk Hills, stressing haste but cautioning the need for solid grounds. Roberts noted consideration of injunctions to halt further extraction.
MENTIONED IN THIS ARTICLE
Atlee Pomerene
Owen J. Roberts
Coolidge
Teapot Dome
Harry F. Sinclair
Elk Hills
B. L. Doheney
Mr. Roberts
Roosevelt Expected To Remain As Secretary Denby Succeeds
Washington February 19 Kent Coolidge says no new search for a Denby successor is planned and Roosevelt is expected to stay in office. No resignation from Assistant Secretary Roosevelt is anticipated and no special considerations have been made.
MENTIONED IN THIS ARTICLE
Kent Coolidge
Denby
Roosevelt
Mr. Roosevelt
Oil scandal enters new phase with Whitney meeting
Washington, Feb 19. The oil scandal drama moved into a fresh stage as the investigative committee conferred behind closed doors with Harry Payne Whitney and officials of J P Morgan and Company. Cabinet discussions addressed renewed calls for Attorney General Daugherty’s resignation. Government counsel Owen J. Roberts and Atlee Pomerene prepared court actions over oil leases as the Senate acted on related appointments.
MENTIONED IN THIS ARTICLE
Oil Committee
Wheeler
Montana
Department of Justice
Daugherty
Washington
Harry Payne Whitney
New York
J. P. Benkard and Company
Owen J. Roberts
Philadelphia
Atlee Pomerene
Cann
Ohio
Senate
Mr. Whitney
Benkard Firm
Also Mentioned on This Page
Opeses
Senator Browne
England
Speer
IPAL
York's
Lower East Side
Turkey
Michigan
Lenroot
Benkard and Company
George G. Chandler
Ulrich Gromert
Pomerene
Albert K. Powell
John B. Dempsey
Cleveland
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