Chesapeake and Ohio to get control of Chicago and Eastern Illinois Railroad. Washington, D.C., May 14. Carroll M. Shanks, Chairman of the Chicago and Eastern Illinois Railroad Mortgage Bondholders Protective Committee, told the Senate Railroad Financing Committee today that the proposed reorganizati

Tells of hasty "shopping tour." Washington, D.C., May 12. Charles T. O'Neal, President of the Chicago and Ester Illinois Railroad, tells the Senate Railroad Financing Committee of his hasty "shopping tour" in October 1931 for a loan to meet immediate obligations of the O. & E.I. The road finally pro

Admits fraud to Senate committee. Washington, D.C., May 13. Kenneth D. Sture, chairman of the board of the Chicago and Eastern Illinois Railroad, conceded before the Senate Railroad Financing today there was fraud in connection with a 1932 RFC loan to his road. The loan in question was made in March

Presents U.S. Treasury views. Washington, D.C., May 12. Wayne Chatfield Taylor, Assistant Secretary of the Treasury, today told the Senate Banking and Currency Committee that the Treasury Department is oppose to the Bulkley Bill which seeks to expand the Home Owners Loan Corporation and the Federal

15 percent wage cut for rail employees necessary, Counsel tells fact finding board. Washington, D.C., Sept. 30. Testifying at the initial hearing of President Roosevelt's fact finding committee today J. Carter Fort, Chief Counsel for the Carriers Joint Conference Committee declared that a 15 percent

Senate Committee hears Van Swerigan official. Washington, D.C., May 11. known for many years as the closest business associate of the late Van Swerigan brothers, Herbert Fitzpatrick, Vice President and General council for two major units in vast Van Swerigan rail empire, was quizzed today by the Sen

Senate committee told labor unions must accept responsibility in construction industry. Washington, D.C., Dec. 9. Labor Unions must accept their responsibility in the construction industry, Charles G. Meyer, Wayside, Long Island, builder, told the Senate Banking and Currency Committee today. He test

First witness as Monopoly Committee begins study of steel industry. Washington, D.C., Nov. 1. First witness before the Monopoly Committee today as it opened a study of $4,000,000,000 steel industry was Elton Hoyt, 11, Manager of the Picklands, Mather, and Co., Cleveland, Ohio, who described his comp

Testifies before Civil Liberties Committee. Washington, D.C. March 11. Robert Shannon, Vice President of the Radio Corporation of America Manufacturing Co. testified before the La Follette Civil Liberties Committee today how he engaged 200 guards and an additional number of "Missionary" workers for