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JUST THE PEOPLE

(Press Assn.-

FURTHER SIDE LIGHTS ON AMERICAN BANKING MESSAGE TO PRESIDENT

-By Telegraph — Copyrlght).

Washington, Nov. 24. Mr. Fox (of Fox Films' Corporation) before the Senate's Investigation Committee to-day, testified that Hoover Administration had attempted to arrange to prevent a receivership for his vast theatre enterprise, comprising 1000 cineima houses, only to be rebuffed by Mr. Wiggin, who was then chairman of the Chase Bank. Mr. Fox qujoted Mr. Wiggin as stating : "Tell the President to mind his own business," when Mr. Claudius Huston, the chairman of the Republican National Committee, approached Mr. Wiggin for a loan on behalf of Mr. Fox to save the corporatdon, whose assets were then 300,000,000 dollars. Something of a burlesque nature entered the proceedings when Mr. Fox, in telling of the bankers whose aid he had solicited stated: "Bear _in -mind, these men in 1929 were almighty. They were not working under the regime we are working under now. No new deal was possible then without them. They were just the people' then."

Permanent link to this item
Hononga pūmau ki tēnei tūemi

https://paperspast.natlib.govt.nz/newspapers/RMPOST19331127.2.24

Bibliographic details
Ngā taipitopito pukapuka

Rotorua Morning Post, Volume 3, Issue 699, 27 November 1933, Page 5

Word count
Tapeke kupu
172

JUST THE PEOPLE Rotorua Morning Post, Volume 3, Issue 699, 27 November 1933, Page 5

JUST THE PEOPLE Rotorua Morning Post, Volume 3, Issue 699, 27 November 1933, Page 5

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