St. Louis Post-Dispatch
August 9, 1928

Historic newspapers carry the language, views and graphic reporting of their time, including racist content. They are shown to teen and adult profiles.

The text was read from the page scans by machine (OCR), so it has mistakes and its columns may run together. See the pages · About this title · At the Internet Archive

Page 1

COMIC PAGE - WEDNESDa«ry, AUGUST §&, 1928 . = y ug® 4 ' e 4. & * . ts) ie $ 31.LQUIS POST-DISPATCH The Only Evening Newspaper in St. Louis With the Associated Press News Service SPO Stock, Bond and Curb Tables Complete RT FINAL | en ST. LOUIS, THURSDAY, AUGUST 9, 1928—36 PAGES. PRICE 2 CENTS = | 00 KILLED BROKER HELD FOR 33,000,000 od FRAUD, HAS $50;000 ASSETS — E ~h a 3 | sd yo. 8°. 80. NO. ‘337, WAS MY THAT ey) ob SUPPOSE a TEN OR HE THINKS o | ; At ME. HELL GET = | ! BIG YOU By cs EING SURPRISE oa Arthur R. Nex SAVING i 5 Wey : 4 at © a ee Virtually - tinda Crater Injure 600. Oy | | oTHER CASUALTIES Sil — es TLL — ee TH a. |, —Six ‘Villages COME ' ance, Aug. 4 and 5. . > sh hs kk he : ify the Associated Press. @ SATAVIA, Java., & ¥ NAANIEAY Wd > wt Aug. - Foresident of Timor, virtually Bentire island of Paloeweh, Dutch East Indies, al pano, Aug. 4 and 5. burned. roximately 1000. kgments out of rater. ' Further casualties were caused the submersion of board of the island through an thrown ing the eruption. The rest of the islanders, g 5000, were said to be safe f ample provisions available. It thought that nine native boats the way from Celebes Island to oeweh foundered with their WS, The Dutch resident of Timor is roceeding to the scene of the dis- ster. —_ f Paloeweh Island, also known as fa Rajah Island, es off the North coast of Flores and, one of the larger of the ny Archipelago. It is about miles in diameter and @ peak 4593 feet high which Covered with trees to.its sum- tecalls kruptions 45 Years Ago in Sunda Straits. the Associated Press. WASHINGTON. Aug. 9. — The destruction of the Island of | beweh recalls a similar, but Whably more extensive, disastcr @he East Indian area 45 years when terrific volcanic explo- i all but destroyed the islard Mt Of a series of volcanic di.- ses from May to August which re the thost terrific ever re- bdorded. Available records of that disas- are that a cubic mile of rock terial was hurled into the aiz *h attendant explosions which | mre heard 150 miles away. Simul- Be file ae i ously violent atmospheric dis- neces and sea waves of ire- escOus size swept over the island eellg @ great loss of life, es‘!- =o as high as 30,000. Scien- » computed that the volcanic = “as carried by upper air cur- % “round the world twice ard i rise to a succession of widely Sributed sunsets of remarkaole cy. = @ result of the disturbances, Whole north part of the islard ePpeared, including its highest ’ AT FAILS TO KEEP COOLIDGE HIS DAILY FISHING TRIP | When He Reached Wiscon- But He Ix Not Tanned. Associated Press PERIOR, Wis., Aug. 9.—His "“E enthusiasm undisturbed by hottest day of his vacation, “ent Coolidge ordered John his Indian guide, to be 85 usual this morning to him on the stream. Despite hy hours spent yesterday under Slare which brought the tem- Sratury into the nineties, Mr. dOlidge has not been tanned by sun, He wears a broad- o Med hat which protects his) His general coloring. ’how- "hats a!Tival here, but this is as- by White House intimates all wane improvement in his PENALTY F ALTY FOR FRAUD Ow, “Aug. 9— 9.—Former Di- | se ev and Manager Kalma- | the Daghestan Wine “te ig Jk Sentenced to death oy : wreme Court of the Dagies- | “~~ ‘s Color fs Better Than It | T has improved Ereatly since | - Were convicted of fraud ti- | * @ million rubles ($516,000), | Seaboard Submerged q Burned | ; | During Two-Day Disturb- | ¥.—AC- | ding to reports transmitted by a in the was destroyed the eruption of the Rokatinda | Six villages , The death toll was thought to be PORT SAYS Dich Island of Paloeweh | Destroyed — FROM TIDAL WAVE | the | Six hundred | fous were injured when hit by the the whole. hquake and tidal wave accom- | voczy Is Arrested in Chicago by U.S. Inspectors for Use of Mails in Bucket Shop Operations. by th d Press. CHICAGO, Aug. 9.—Arthur R. | Newbery, a former clerk of a New | York brokerage house, three _ years ago opened a brokerage con- Associate who cern in Chicago and now is under which said to defraud, has liabilities ! ederal authorities today 'might exceed $3,000,000. . Bankers, ministers, doctors and others in Chicago and nearby states | were among 2000 customers with claims ranging from $100 to $50,- 000, a uthorities said. Maurice Klein, receiver for Newbery & Co., the name under which he oper- ated, said the known assets were not more than $50,000. Newbery, authorities charged arrest on charges of using the mails | Fragments From Roka- used typical bucket shop methods. 'He opened a well-appointed office and employed 10 telephone opera- tors who solicited business over | long-distance telephone wires. | Prospects were told of huge profits and though, authorities said, stocks were not bought, Newbery —— 'quently sent checks to customers | | tor large profits, enlisting their | Support. It is thought Newbery has a wife in Hopatcong, N. J., and postal in- spectors were attempting to learn whether Newbery had turned over money or property to her. Some of the larger claims filed with the receiver to date were: Walter Bernruter, 21,546.93; W. R. Broadfield, Wil- liamsville, “Ill., $13,142; P. ter, Wood River, Ill., $7985. Gillespie, IIl., BOAT AND EIGHT MEN MISSING AFTER FLORIDA COAST STORM 'U. S. Coast Guard Patrol Craft — Not Heard From Since Mon- day, Commander Says. By the Associated Press. PORT LAUDERDALE, Fla.., Aug. 9.—Coast guard patrol boat / No, 188, with eight men aboard, | | which was thought to have been off Fort Pierce during the tropical ,storm of Tuesday, has not been heard from since Monday, i:mander R. L. Jack of the local _base announced today. EXCAVATORS FIND STABLES Chicago UL. Expedition Evidence of King’s Activity In Chariot Tradc. By the Associated Press. CHICAGO, Aug. 9.—Evidence ‘that King Solomon bred = pure blooded horses for the chariot nume | trade, is now uncovered for the -eyes of archeologists. , Cry ‘ > lies about five | — rises | P. L. O. Guy, field director of Chicago, has reported the discov- | of the famous stables of Sol-'! omon at Armageddon, Palestine. The half an acre on the town site of the ancient battle city, north of Jerusalem, Guy reported. Dr. James Henry Breasted, direc- tor of the Oriental Institute of the University of Chicago has long’! been eagerly awaiting the discov- | ery of the stables. “Such a discovery of the greatest historical importance,” he declared. “Few people are aware that Solomon was not only an Ori- ental sovereign but likewise a su-- will be cessful merchant. Not the least of | his activities was his enterprise as | a horse dealer.” | | It Comes, —s f Krakatao in the Sunda Straits | m¥een Sumatra and Java. That island, in 1883, was the | day. | | the | be | — - KELLOGG PACT BEFORE LEAGUE CALIFORNIA PROVIDES QUAKE FOR SEISMOLOGISTS’ MEETING However, While Jesuit Delegates Are Asleep; They Are Roused to See Record. By the Associated Press. SAN JOSE, Cal. Aug. 9.—The convention of the Jesuit Seismolo- | gists’ Association of America was voted almost a complete success to- Last year, when it met in Chi- cago, the earthquake experts were | invited to convene here in 1928 and. as a special inducement were promised a real earthquake dur- ing the meeting. At 10:35 o'clock last night the peninsular area from San Francis. co to San Jose was rocked gently | by an earth tremor which lasted | about a minute and a half. The delegates, however, slept through | it. Father Henry, assistant director of the observatory at the Univer- sity of Santa Clara here, was work- ing among his instruments when shock was registered. He rounded up the delegates so they might examine the record immedi- | ately. No damage was reported. | LOEWENSTEIN SAID TO HAVE | LEFT $40,000,000 T0 FAMILY ‘ewspaper Reports Financier Who Fell to Death Had Lost $60,- 000,000 Just Before. | | By the Associated Press. LONDON, Aug. 9.—The Evening News says that Capt. Alfred Loe- | wenstein, Belgian financier, who! recently was killed in a fall from his airplane over the English Channel, left $40,000,000, to be di- vided equally between his widow and son. The newspaper adds that it un- dcerstands in the last three weeks before his death Capt. Loewenstein lost about $60,000,000. | By the Associated Press. GENEVA, Aug. 9.—Great Brit- | ‘ain officially brought the Kellogg | |pact to outlaw war before the | League of Nations today by trans- ,mitting copies of its two notes to | Britain that signature of the Kel- Washington on the question. The league also was informed by Com- , | Gianoli, an expedition of the University of ‘huge wing wobbling. 3000-year-old stables cover | | Atlantic flight | navigator, ‘the fatal flight, ‘the melee tors. ‘HICKMAN ORDERED HANGED ; By | Prohibition Bureau | By the Agsociated Press. that sponsible for the disappearance of | warehouse |charges were made by itives of the | he arings conducted by officials after the liquor had dis- ‘appeared. fing” hibition private dwellings would no longer | be lagent smelled something he sus- 'pected was brewing or distilling of | DROUHIN, FRENCH PILOT KILLED IN PLANE CRASH Fatally Hurt in Preparatory to Trans-At- lantic Venture. - By the Associated Press. PARIS, Aug. 9.—-Maurice Drou 'hin, one of France’s foremost pi- —_ _lots, died today from injuries suf- | OF SOLOMON AT ARMAGEDDON Uncovers | plane in which he hoped shortly to ‘realize his life’s ambition—a flight !from Paris to New York. When the plane (Rainbow) crashed on the landing ficld at Orly airdrome yesterday it killed Mechanic Lannet. Manuel, another member of the trans-At- lantic crew was injured, as was an engineer. The plane was roaring cluse to the ground at about 125. miles an hour when spectators were cut off and the machine shot almost perpendicularly into the air to a height of about 450 feet. Then | ‘it slid to one side and crashed to. 'the ground. The plane was of nove! design and built entirely of wood. Rene Couzinet, 24-year-old designer of the machine, had sunk all his sav- ings into the project and what he} could gather from friends. He was in despair today at the tragic death of two of his collaborators and the wreck of all his hopes. By a strange chance it was the first flight that Couzinet had not gone | up in the machine which had per-' formed satisfactorily in all prev- ious tests. Joseph Lebrix, who was to have | gone on the plane on its trans- in the capacity of intended to go on but he arrived ot field a half hour late. Drouhin, who was 37 years oli, at one time held the world’s dura- flight record. He was for years chief pilot for the Farman company and was known as one of lrance’s greatest civilian avia- as had AT SAN QUENTIN OCT. 19 Los Angeles Court Overrules Nine Objections in Resentencing Slayer of Marian Parker. the Associated Press. LOS ANGELES, Cal., Aug. ¥— William E. Hickman today was ordered hanged at San Quentin penitentiary on Oct. 19 next for the murder of Marian Parker, 12- year-old Los Angeles school girl, whom he kidnaped last December. Judge Douglas Edmonds over- ruled nine defense objections be- fore setting the second hansine | date. NO MORE SMELLING WRITS, Rules Agents | Must Have Evidence of Sales. | WASHINGTON, Aug. $.—Assist- ant Secretary of the Treasury Lowman, head of the prohibition unit, said toddy that an investi- gation would be made into charges Federal employes were re- eee more than $100,000 worth of liq- uor stored in the Cosmopolitan at New York. The representa- | warehouse during prohibition that “smell- which pro- agents sometimes raided Lowman also said warrants through eS EE NN cate used. Heretofore when an fre- | E. Fos- | Testing Ship | fered in the final test flight of the | Arc-en-Cie] ' noticed a | The engines | | Proctor, will | Brown's lead, | Richmond, member of State Tax | 67,298. C3 PATTERSON LEADS FRANK BY 9303 ~ IN SENATE RACE _ — FOR LATE AUTUMN ‘Count From 3428 of State’s Fi iancee, Miss Mary Lauder, | _ 4134 Precincts ee ter 91,204. PLURALITY AROUND 14,000 EXPECTED Gives| Former 96,589 and Lat- Is Granddaughter of Mil-. lionaire Partner of Citi. |" gie in Steel. HER MOTHER TELLS OF ENGAGEMENT. ‘Proctor Likely to Gain on P air Met Five Years Ago. St. Louisan in Rural Dis- : tricts—Caulfield 65,000 Ahead of Bennett. With returns of the primary elec- ' tion ‘luesday reported from more the 4142 ie than seven-eighths of offices and from on the minor of- fices, | 'is not thought that the | precincts can change the now ap- parent result in any contest. ‘that remains now is for the belat ed returns to show exactly pluralities received. —— James A. Collet for the Democratic nomination for United States Sen- | ator probably will fall a little short | of 40,000. With returns in from 3679 precincts Hay had a lead of The vote stood: Hay, Collet, 134,143; Young, EES ne 22,256. 156 099; 28,690. Wilson's Lead Nearly 200,000. Francis M. Wilson’s lover State Senator A. L. ley for the Democratic nomination for Governor will approach 200,- 000. gave Wilson a lead of 170,087. vote stood: Wilson, 234,507; Cawley, 64,420; Harding, 18,322. Roscoe C. Patterson’s plurality over Nathan Frank for the Repub- ‘lican nomination for United States Senator, it is indicated, will be be- 'tween 13,000 and 14,000. a lead of 5319 on reports from ' 3445 precincts. The vote stood: 96,734; Frank, 91,420; 78,623; Bundschu, 20,954; Atkeson, 14,021; Bogy, 190,847. Henry 5. Caulfield’s plurality — | Patterson, | for the Republican nomination for Governor is. expected to reach |mearly 65,000, teports from 3359 bim a lead of 59,- S858. The vote stood: Caulfield, 145,365: Bennett, 85,507; Schnei- der, 34.353: Wielandy, 291,860; Hodgdon, 26,377. A temporary lead gained by Frank when virtually complete re- turns from St. Louis were received precincts gave ° j vesterday afternoon was wiped out! an hour or so later when additional] , returns were reported from out- | state precincts, and fFPatterson | again took the lead. Proctor Expected to Gain. The missing precincts are. in rural parts of the state, and on the basis of returns from similar precincts, Patterson gradually will | increase his lead. Proctor is ex- pected to gain on Frank in these} late returns, but it is not likely he | be able to take second place) from him, | The results on other offices sate! low: Democratic State Offices. Lieutenant-Governor—Frank G. Harris of G@lumbia, former State Senator, nominated. 3358 pre- cincts, Harris, 88,651; Brickey, 74,789; Rosenfeld, 32,489: Wagner, 21,731; Baird, 19,23 Anderson, 00,203; Hammer, 18,805. Harris’ lead, 13,862, Secretary of State—State Sena- tor Dwight H. Brown of Poplar Bluff, nominated. 3584 precincts, Brown, 188,384: O’Brien, 113,313. 75,071. State Auditor—Forrest Smith of Commission, nominated. 3582 pre- cincts, Smith, 183,087: Birming-~ ham, 79,956; Tiffin, 36,428. Smith's, lead, 103, 081. 4 State Treasurer—Richard 5 Nacy of Jefferson City, nominated. 3562 precincts, Nacy, 154,332; John H. Stone, 73,349: Frank F. Stone, Nacy’s lead, 80,983. Attorney-General — Elmer 0. Jones of LaPlata, nominee in 1924, nominated. 3557 precincts, Jones, 121,522: Lozier, 171,996; Vest, 68,- 080. Jones’ lead, 9526. Judge of St. Louis Court of Ap- peals—Robert L. Sutton of Troy, a commissioner of the court, nom- inated. 1283 precincts, Sutton, | 45.711; McCormick, 35,449. Sut-,| ton’s lead, 10,212. | Republican State Offices. Secretary of State—Charles U. | Becker of Boliver, renominated; 221 precincts, Becker Stephens, 68,745. Becker's 131,842. State Treasurer—Larry Brunk of | Aurora, secretary of Workmen's 200,587; lead, | i ; Lafayette Park, to 10.) only upon evidence of sale of liq- | Falkenhainer’s band. uor on the premises. ; + =. a | Rl cn te ~All tatty, a a - ‘logg treaty would not involve a alcoholic beverages in a private! compensation Commission, nomi- | lconflict with her obligations re- | dwelling he could obtain a search | noteg: 3243 precincts, Brunk, 88,- | | sulting from membership in the | Warrant and investigate the prem- | 434: Steinbeck, 77.756: Norris! 66,- | leag ut ises. The new ruline Makes WAr-' ¢ag- Lufer, 54.811 Brunk’s lead, rants necessary to search private | 79 ¢7% ‘Free Band ConcertTonight homes the warrants to be obtaincd Judge of Supreme Cou St Gontinued on Page 3, Column 4- photographed.’ ae precincts in the State on the major | All | .| Josephine Rowland Lauder, grand- the daughter of George Lauder, one of | Charles M. Hay’s plurality over | Co. plurality | McCaw- | Reports from 3674 precincts | The | Mc- | He had |. | already abroad and it is not ‘thought the engagement will change Tunney’s plans. He pur- | Special to the Post- Dispatch. |the public eye for jection on his part. for me,” Tunney agreed, When She Was 16 Years Abroad Aug. 16. | By the Associated Press. Gene Tunney, whose retirement as heavyweight champion is estimated to have cost him } j is », of the early Pittsburg millionaires. His engagement to Miss Mary TUNNEY'SWEDDING TO HERESS SET SOUTH BRISTOL, Me., Aug. 9.— | $1,000,000 or | the results of all races were; more in potential ring earnings, 'about three-fourths determined. It | to marry the granddaughter of one missing | ; Old—Champion to Go| | ' TOOMBS CAN’T RESTORE $3,500,000 SHORTAGE TO INTERNATIONAL LIFE CO. _ Hise i se Mone. Geom eet | the organizers of the Carnegie Steel | and a cousin of Andrew Car- _negie, was announced yesterday by Mrs: George Lauder Jr., his fian- | cee’s mother, from her summer {home at |The marriage will take place in New York in the late autumn or | winter, the announcement _ said. | Tunney is with his fiancee and her family at John’s Island. The announcement confirmed re- | ports, current since he announced | his retirement from the ring on | July 31 after defeating ‘Tom Heeney, that a forthcoming marri- age was the real reason for his 'retirement. Since he won the cham- 'pionship ‘Tunney has earned ap- proximately $2,000,000. Miss Lauder is the daughter of the late George Lauder Jr., prom- inent yachtsman of 10 years ago, 'who inherited a fortune from his ' father and increased it during his lifetime. Her fami! y is listed in the | | John’s Island near here. | ? i | social register and she is a mem-| l'ber of the Junior League of New | She is! York and Greenwich, Conn. a graduate of the. Lenox school, and the Finch school for Girls of New York and Versailles, France. } ociated Press photo by wire. MISS MARY JOSEPHINE ROWLAND LAUDER. She is tall and dark, a striking | WOMAN WRECKS STREET CAR brunette as compared with Tunney, | who is fair. She is an Episcopalian, is | He is a Catholic. Miss Lauder 21 years old and first met Tunney | when she was 16. Tunney is years old. | He is scheduled to sail for Eu- | rope Aug. 16 fora walking tour of | 'France and Germany with T horn- | ton Wilder, the author. Wilder is chased an old farm house near Stamford, Conn., last winter which ‘js being remodeled and it , thought he will take his bride there after their marriage. is _ tre of Tunney Aroused by Pursuing Reporter. SOUTH BRISTOL, Me., Aué. 9. —Gene Tunney, who discarded -he world’s heavyweight boxing crown ‘ favor of matrimony, was fol- | lowed today to the island of his | fiancee by a Hearst reporter. By motor boat, the reporter was taken to the rear of John’s Island, where the Lauder summer home is, The reporter eluded three guards and, soaked to the skin, knocked at the front door of the camp. A butler denied Tunney present. Then Mrs. Lauder came | to the door. Graciously she waved | the butler back and said that Mr. Tunney would see the visitor. Gene entered the rustic room. Almost without questioning, he be- gan his speech. “I am a private citizen,”’ he said. “T intend to remain so. I will not discuss my affairs. My picture will never be taken again. If my picture is ever taken fro 1 this day in was | ee aR on it will be without my know!l- edge. “If a man announced in En- gland that he was retired to pri- | vate life, the public over there | would never bother him again. “I don’t believe it would be | proper for me to add or subtract | to or from Mrs. Lauder’s forma! | announcement in the papers. I am out of the public eye and I don't see why newspapers should follow me now.” The reporter suggested the news- ; i'papers had placed Tunney before | month after | month without much previous ob- | “The newspapers have done a iot “and Il am | grateful for it. But my family does not care for pictures in newspapers end my mother and sisters have papers in all this time. These now dear to me also do not care for pic- Miss Lauder wil! inever been photographed by nm ire: nr 30 | WHEN IT SKIPS HER STOP, Irate Kansas City Passenger Seizes Switch Bar and Smashes Eight Windows, Special to the Post-Dispatch. KANSAS CITY, Mo., Aug. 9. Eight panes of glass in a street | | He car of the Marlborough iine were} shattered and a man bruised eye last night because the | car didn't stop where mun thought it should. of Sixty-first street,”” E. the motorman, told the as they entered his car during the evening rusn. ker heard -a woman's voice Say a few minutes later. stop there.” i there or else street, knew, the young woman had seized the shattered eight panes in quick suc- cession. car wrested the bar from her. ' young from the ninth street the trolley came off, and the young woman disappeared. | CLOUDY, CONTINUED WARM 7 a young wo-! “This car makes no stops north L. Parker, passengers “Fifty-first- street, please,” Par- “Sorry,” he replied. "I don't “What!” she cried. “You'll stop ‘? The car whizzed past Fifty-first and the next thing Parker switch bar, with which she A man in the front of the The snatched her hat hair and slapped At Fifty- woman her blond man in the face. TONIGHT AND TOMORROW THE TEMPERATURES. pi s >. Os Mis sie x i gs open oe ie a ew bie 84! = @& Qhesssad a lila. ™., AG BB. Broceves 79°12 Noon /...+-- 8 6 @. Ghissieds TR =f pp. Bo ccececes 87 > s&s. Gixaesene 77 2p. m. a? = &. Beoweeee 7% 5. Chie cceees AS 7, @ Giese oes 7i 4 MP. Mew e ceces 78 8 a Mm. x1 Relative " Seieiibdity at noon. 58 per cent. Y-aterday’s high V2 (3 p. agi.r: low 5 316 a m.) Official forecast for St. Louis and HE FIELDS vicinity: Partly | ALLED > cloudy tonight | AULPIELD.| and tomorrow; | continued warm. | Missouri: Part- | ly cloudy tonight | and tomorrow, probably local east and south portions: no t much change in es Illinois: ly cloudy Frc and possibly t hundershowers; continued warm. ; Sunset 7:04; | j suffered a4 | ithe city will exercise its option to thunderstorms in | | Comnte as soon as possible. Legal tomorrow, | hundred whaies were killed yester- local); day | Faroe Islands of the North bea. and every availlabie craft in P.S. DUPONT TRES T0 “QUIT GENERAL MOTORS pio ‘nation Not Accepted — Feared Wet Activity Might Involve Corporation. Associated Press. NEW YORK, Aug. du Pont submitted his resignation today as chairman of the board of General Motors Corporation be- cause he feels his activities in connection with the association against the prohibition amendment might give the impression that the corporation was involved in the wet movement. The resignation was not accepted, but a leave of absence was granted du Pont. A statement explaining du Pont’s action was given out at the close of a meeting of the directors late this afternoon after a day in which financial circles heard du Pont would support Gov. Smith for the presidency. Pierre S&S du Pont is a cousin of T. Coleman du Pont, Republican Senator from Delaware, and a member of the family of millionaires controlling the E. L du Pont de Nemours Powder Co., which owns nearly 25 per cent of the common stock of General Mo- tors. Du Pont’s attempt to resign came within a month of the action of John J. Raskob, credited with be- ing one of the largest individual! stockholders in the corporation, in resigning as chairman of the fin- ance committee and a member of the Executive Committee after his appointment as chairman of the By the 9.— Pierre 8. BOUGHT THE COMPANY WITH TS OWN MONEY Made Progressive Cash Borrowings and ‘‘Missing Securities” More Than Balanced These Loans. HE HAS TILL MONDAY TO MAKE UP DEFICIT Unless He Does So Legal Action Will Be Taken — Plans to Protect Policy Holders Go Forward. The Post-Dispatch was informed today from an authoritative source that insurance examiners have a written statement of Roy C. Toombs, president of the Interna- tional Life Insurance Co. of &t. Louis, that he could not return to the company $3,500,000 in “miss- ing securities’ which he removed to Chicago, causing a shortage of that amount in the companys’ as- sets and creating a condition that commissioners * pronounce “the worst ever encountered by exam- iners.”’ ' The same authority stated thal !n reality Toombs did not remove a@iy “securities” from the assets of the company, as he at first told exam- iners, but borrowed cash in pro- gressive loans from time to time. |which the examiners found had reached a total of about $2,900,- 000 by Dec. 31, 1927, three months after Toombs obtained full contro). On that day, the last of the year. when life insurance companics must show their condition in an- nual statements, a list of securitics amounting to $3,122,455 was re- corded on the company's books as bought from Tombs & Dawtly Co. of Chicago, President Toombs’ Chica- go house. This more than ba!- anced the cash borrowing of Toombs, and aroused the suspicions ‘of the commissioners from other States, resulting in their investigs - tion. They have been unable to find these securities. Doubt Cast on “Securities” Loan. The examiners at first were told that a clerk of the company had taken $3,500,000 in securities last June 19, to Toombs in Chicago, who was to sell them for the ac- count of the company. This clerk made affidavit to this effect but upon closer questioning later, he is said to have admitted that he cowid not say for certain that the pack- age he took to Chicago contained any securities. This admisasion convinced the examiners that de- ception had been practiced some- where to bolster up the companys annual statement. As a result of their investigation of the company’s tangled affairs the insurance commissioners are now convinced that Toombs in re- ality purchased control of the In- ternational Life with its own money, borrowing large sums with which to make the purchase for $3,100,000, then taking cash or se- curities out of the Internativuna! life's assets with which to repay the borrowed money. These transactions, it was stated, appear to have brought about ‘*h- chaotic condition of the Interna- tional Life's books, resulting in « situation which has led the ineur- ance commissioners to decide tim. Democratic National Committee. KANSAS CITY TO BUY ninPoRT| $1,000,000 Bond Issue Approves | by Voters. KANSAS CITY, Aug. 9. — The $1,000,009 airport bond issue hav- ing been passed here, Tuesday. | purchase a municipal field in Clay: procedure probably will final purchase of the field. ee delay COPENHAGEN, Aug. 3%. — Five off Westmann Haven in the They appeared in a big schoo! | the Toombs and his associates are “through” as far as continuing in control of the operation of Inter- national Life. When Toombs was confronted in | nis Chicago office by the examin- ers last month, it was learned upon excellent authority, he at first made light of their demand for an explanation of hi» acta, tut finally yielded te persistent de- mands for an exact statement, which was first made orally, then reduced to writing. Toomba, it was said, sparred for time with the examiners, admitting the saseecis had been removed from the com- pany, but asserting they were being negctiated for the benefit of the company. Toombs’ Siatement. Hic maid at first he would not re. |turn them and then, in the writtes sunrise (tomor-j|isiands was hastily manned for the row) 6:0% drive agains them mr? Ss Gontineed- om Page 2, Colum 3 et ot eee } ; apntre j ante TT ON i PATE er ee ¥ Soden suiten. ax gies a irnalinde de tg Whee sarap ites eee aed » ag Sap etl ie ia ptal bn i Crepe RA BN as eee : . : ~ me _ Sh Ea CR ELAINE ae et inlets ache) halal aba . ; f ebistoags ot Pad ee ee eee “ SAIS MNT ISO a JOR Sp Arey pre et eal ts 53 rhs i Fenn enh Ate * oe : - a 4 4 Bass “ * Degahet “sia oe ees Pit, 5 4 re gilan ire oe 3 of en ae ; ARE Re Fe ‘ ip die ted eS as es aya de gael ‘ . ‘ ° ~ ae ale ire omit? n he og f OG f * . hee er 7 - a 7 ™ ws * a ~~ ae Beas PPA ‘a ‘i , aia: te r wh ge * * ‘ 7 * ; 465 - F rr > 2° a u Mn ai > ‘ oe oe me a u 7 — * a 2 Os wt nee eestarn Set} : on A 05 A OO 69 apn, 4s yk Nek hae, shee : coh a. SOF poraecnt es . “ “ peop arbors DUM cpl ea AUR car fae” ae 3 a Fri nth. ™ wets v# pe se f ’ : : . « a yes om sneteie ype bey 2 Oe en OPI ett ee’ we a ut Ceara f . yer : Menara ee Ti Re i ih tee Mh thd ts BR! er BES . ps Se o - : a me yitacken im Si AE ade en ne ee a eee eer 1 Ty Arar Gionss 2a bd ee — nL Agi ene oy ~~ IE an ai ete isa ctettate ie ont a a - np las. a ies enie 2. EN sp panies reye, teatigatyy “ wr we ene nemverrgreanyr memantine Re 0 AOR RON RY RET EI Sp eR TNE BREN — le AO AAPL AAS ADAMO POE OAT NGL AA ALT So SEE A. art: - * a . - a * , ‘ = rd a ah : aaa ‘ pana err tah \anatanl fre mat c. @ pO eb ag tea 3: a ir . , ’ 10 , — pays Seay ees wine me a ey ” ase a Sad VR nee yobs iene my Pa ae ore. Sepa peek . pos bys te rr tnt Ue RE A 0 Dennen I Re RAR Os TRIBE. ’ ™ a Nala Ce. tit. eoraditnaiiedes sal » wba os 4 Ria REDE GB? pion VN pati PE 0 ORT RIP Sg. arm Cae. 86 TE EET a 2 war ee oe sv tg sine ellie cat Tt ALLA A ALLL LAL LEAL ee PN tt ee! <a mot vebys + y Sie BC the il ‘ sh os Aisi LS pata ws ean oe f f hie Bt ta 0S a i F ae het: oR