WHOLESALE SCANDALS.

Dominion, Volume 7, Issue 1867, 29 September 1913, Page 7

WHOLESALE SCANDALS.

DISCLOSURES BY THE AUTHOR OF "FRENZIED FINANCE." BANK DIRECTORS Bj Talsfraph—Press Association—Copyright (Rec, September 28, 6.6 p.m.) Washington, September 27. Aji extraordinary means of calling attention to the high cost of living in ™° Uiiited States has been adopted by irn' ■^' 1 ? ,ua3 Lawson, the author of 'Finanoe." A richly-bound edition do luxo of a volume dealing with the cost of living was delivered at the Houso of Congress and at White House .by express companies. Each legislator received a copy. In the book Lawson urged that a joint congressional court should be sot invcs tjß a fo the wholesale scandals and corruptions prevailing; throughout t J° country, thus causing tho high cost of the necessities of lifo. Lawson declared m one chapter that "if Lincoln woro alive now ho would have as much chance of becoming President of tho United States as Christ would of becoming a Steel Trust director." Lawson also unveils some bank scandals, ill which the directors misused public funds —scandals in which inside knowledge of Government decisions had been utilised by financiers to make millions on the Stock Exchange, and the wholesale looting of foreign investors by means of the stock manipulation.