Investigation Reveals 62 Percent Usury by Franklin Mutual
A report from October 1906 details Dr Joshua Hayes a Pension Office clerk acting as agent for the Franklin Mutual Investment Association in Four and a half Street. Loans to clerks carried about 62 percent annual interest, funded by mandatory stock purchases and endorsements, with Hayes approved loans and bonuses. The inquiry notes scheme to evade tax and department rules, and records a later push to dismiss Hayes from the Interior Department.
MENTIONED IN THIS ARTICLE
Franklin Mutual Investment Association
Joshua Hayes
Department the Interior
Commissioner of Pensions
Pension Office
Hayes
Association
Fourand-a-shalf Street
Dr. Hayes
ARS A An
Roome
Joshua A. Hayes
Nim
Fa Missioner
Perzeng
Heyes
John A. Gardiner
Himelf
Lao
Dudge
Franklin Mutoarnvestment Association
Tam
Cerekary
Agaoda
Mutual Association
James D.bowen
Hayes Iag
Yalthough
Abduction Case Ties Maryland to Virginia Horse Theft
Maryland authorities report the abduction of fourteen-year-old Edith Moffett by George Sacks jr of Hyattsville. Sacks, also charged with horse stealing, led the girl on a cross‑state chase ending with their capture near Piscataway after fleeing through Virginia. The pair faced a grand jury amid a six week string of dramatic misdeeds and social scrutiny.
MENTIONED IN THIS ARTICLE
Maryland
Eaitit Moffett
Bladensburg
Virginia
Dude
Arthur Carr
Hyattsville, George
Sacks
Hadith Moffett
Marlboro
Judge Carr
Southland
Sherif Vincent
Fredericksburg
raHionda
Bradensburgy
Annie Lindzke
Washington
Georgetown
Read
Edith Moffett
Keane
Moffett
Piscataway
Backs
J. W. Ward
Usury Debate Over Est. Rates Tied to Pension Bureau
Lawyers clash over one per cent legal cap and the 53 per cent charge by a pension bureau loan group. Testimony details that Dr. Hayes and Gardiner defended high rates as cost of operation while critics call the practice usurious and harmful to workers. The case traces the association’s formation, stock dealings, and allegations of misused funds.
MENTIONED IN THIS ARTICLE
Pension Bureau
Finance Committee
Bowen
Dr. Hayes
Gardiner
ABC
Ealings
Tolman
Megal
Grand Jury
Hayen
Pease
Treasury Department
Hases
Franklin Mutual Investment Association
Heyes
Pensign Burea
Ioan
Hayes
Neerest
Columb
Bia
Pr. Hayes
Pénssion
Enliven The Piano Rage In Washington Post Contest
Numerous local groups and individuals enter The Washington Post piano contest with prizes linked to college church and fraternal organizations. Campaigns include Gonzaga College the United Spanish War Veterans and the Soldiers Sailors and Marine Club rallying coupon votes while urging deposits by deadline to ensure credit.
MENTIONED IN THIS ARTICLE
Gonzaga College
Worth
Aloyalug
J. B. Pittar
Washington Post
U. and 3
First Congregational ‘Church
Tenth
Stephen M. Newman
Sixth Street Northwest
Cox
B. Claxton
Corm
F. W. Alexanderer
Francis J
Ndgion
William RB. Stone
Charles L. G. Anderson
John Lewis Smith
Charles C. Pierce
Richard B. Leach
Sheridan
C Street
St. Joseph's Orphan Asylum
H Street
Sisters of the Holy Cross
Injunction Helps Strike by Typothetae Move Deemed Mistake
Chairman Parsons of the eight hour strike committee says the injunction sought by the Typothetae aided strikers and drew in more men who view the injunction as an unfair attack. He notes no violence has occurred. Rev. Alexander Kent will speak at printers’ HQ Ninth and D streets NW at 3 this afternoon. Members of the Typothetae association object to the term trust.
MENTIONED IN THIS ARTICLE
Parsons
Typographical Union
Asmuch
Alexander Kent
The
People’s Church
Ninth
D Streets
Troothetae Association
Plan to Evade Injunction by Chicago Printers
Chicago February 2 printers say they will win strike-breakers to the union while avoiding Judge Holdom's injunction. President Wright claims a scheme to compel affidavits from nonunion men denying solicitation to join the union. The aim is to prevent contempt and to admit nonunion members through this system. Boston reports the second strike day shows no major change except employers claim more men at work than the union asserts.
MENTIONED IN THIS ARTICLE
Chicago
Wright
Boston
Gordon Salary Debate Inked By Trustees Decision
Comptroller states trustees must decide on Gordon salary issue. Racewell ruled yesterday in the Rev. Dr. John Gordon case at Howard University as Tate urged action on extending the pay scale for the staff. The wording reflects a clash over terms and authority in university governance.
MENTIONED IN THIS ARTICLE
Racewell
John’ Gordon
Tate
Howard, University
Weather Bureau reports frigid cold wave sweeping east
The U S Department of Agriculture Weather Bureau notes a nationwide cold wave east of the Mississippi with temps 10 to 24 degrees below normal, except the East Gulf and South Atlantic, while the Northwest remains very warm. Snow in the Lake region and parts of the Middle Atlantic, no major precipitation elsewhere.
MENTIONED IN THIS ARTICLE
U. S. Dept. of Agriculture
Weather Bureau
Washington
Castral
Lake Region
Middle Atlantic
Ptates
New Englava
Atlantic States
Upper Lake Region
Upper
Mississippi Valley
Weat
New England
South Atlantic
East Gulf Coasts
West Gulf Coast
Lake Michigan
Saturkey
European Porta
Grang
Sonshins
Pat ‘Eanshina
Asheville
Ww. C
Atlanta
Atlantic City
Bismarck
Barton
Mass
Buffalo
Chicago
Cicinnati
Cheyenne
Wyo
Davenport
Denver
Colo
Des Moines
Iowa
Galveston
Tex
Helena
Mont
Indianapolis
Ind
Jacksonville
Fla
Kahnaw City
Little Rock
Ark
Marquette
Mich
Memphis
Tenn
Tivee
Row
Orleans
York
M.Y
North Platte
Nepr
Also Mentioned on This Page
Hitchcock
Department of the Interior
Department
Warner
Bureau of Pensions
Secretary of the Interior
Bureau
A. W. Roome
eAnd
District of Columbia
Nam
Witiel
Rene
Myamingren
Giml
Ruggard
Shome
Baltimore
Hyattsville
Goldsmith's
Aiguan
Reed
George Alexander
James T. Callan
Waihe Gil
Ayattsville
Eden Serene
Acta Se
Enliven
the Post
College
Church
Florence Crittenton
Tegan Am
Simes
Cate Waller Barat
Gordon
Pianola Music
F Street
N. W
Glassic Music
Fur Wise
Beethoven
Scarf Nee
Chaminade
Chopin
Gabriel Maris
Second Value
Godard
Grieg
Largo
Handel
Haydn
the Mill
Jensen
Bird
Henselt
Tdilio
Lack
Valse
Mish
Edmors
Home Savings Bank
7Th and
Mass. Ave
Peter Grogan
American Security and Trust Company
Pennsylvania Ave
Washburn’s
Pillsbury’s
Royal
G. G. Cornwell & Son
Penn. Avenue
Kca
Oppenheimer’s
Piaoth St
Tharp
Berkeley Rye
F St.n.w
Ltst
Delivey
Pental Eawg
A. Collins
This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!