A REFUGEE

Hokitika Guardian, 29 October 1932, Page 6

A REFUGEE

APPRECIATES SAFETY. ACCORDED BY GREECE. NEW YORK, October 13. “There’s no country like this,” telegraphed Samuel Insull, who has been released from custody because the extradition treaty between Greece and the United States is not completed, to his family in Paris when inviting them to join him. Revelations point to a close connection between the late Ivar Kreuger,, tlie Swedish “match king,” anil Samuel Insull, the failure of whose great “Utility. Company” fabric will, it is estimated, cost the public about £ooo,000,000.

C hicago was startled by an admission of the head of the hanking house of Halsey Stuart and Company that Samuel Insull had agreed to support the market while Stuarts “unloaded” £15,000,000 worth of debentures on, the public. A curious sidelight was thrown on the Kreuger-Insull connection in the Canadian Courts. James Harpell, the publisher of a weekly paper at Montreal, has been attacking Thomas Macaulay, president of the Great Sun Life Assurance Company of Canada, calling him a crook, a swindler, an embezzler, and s> religious hypocrite. Macaulay, who is one of the wealthiest Canadians, caused Harpell to be arrested for crimminal libel, and at tile hearing of the ca:;e Harpell'accus-, od Alacafday of pouring £6,000,000 belonging to the Canadian shareholders of the Sun Life Company into Insull and Kreuger undertakings.