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BANKING TRUST PROVES BIG
AID TO FOOD HOGS
The banking trust of Chicago was
named by Dis't Att'y Clyne as being
chiefly responsible for the manner in
which the people are being squeezed
by the food hogs. Incidentally, the
. banking angle led to the part played
in the wave of high prices by the
Nelson N. Lampert, vice pres. of
- the Ft. Dearborn National bank and
pal of the beef barons in the control
of the stockyards banks, has been
asked by Clyne to produce the books
of ,the Ft. Dearborn. It is rumored
that warehouse men have been
loaned money by the Lampert ring.
In explaining the game, the bankers
played Clyne said:
"We have come to the conclusion
that the banks are the chief factors
in furnishing opportunities for the
food speculators to get in their work.
The banks lend the money to the
warehousemen, who in turn lend it
to the speculators. By this system
they just skirt around the edge of
trouble. But we are closing in on
them and somebody between the
consumer Und the producer is going
to get caught. We have different
statements from each group of men.
"We are now ready to make some
one "prove who is right Those whp
are wrong will get pinched. They will
have to show their, books, and if
there has been duplicity practiced,
either going or coming, there'll be
plenty of work for the grand jury." .
Other evidence gathered by Clyne
tended to show that four speculators
have cornered 500,000 cases of eggs
and are holding them in cold storage.
The four are:
Meyer H. Eichengreen, 227 N. La
Salle St.; Qhas. B. Ford, 192 N. La
Salls.st.; Louis Richter,'229 W. South
Water st, and James E. Wetz, 5333
Subpoenas issued for Oscar F.
Mayer, David Pfaelzer, the Brennan
brothers, Irwin Bros., Hugo F. Ar-
nold, Waiter Miller, David B. Colbert
and other small packers.
Investigators sent to watch meet
ing of Elgin Butter and Egg Board.
Oak Park women at meeting called
by Suburb Civic and Equal Suffrage
ass'n joined egg boycott. Mrs. Chas.
Wilmot, Aid. Geo. Pretzel and Mrs.
John C. Bley spoke.
Two sets of books found to have
been kept by cold storage men. One
was for gov't investigators. Other
was kept for secret, purposes. Clyne
wants secret set.
Food prices went up again slightly,
today. Gamblers gave cold -wave as
an excuse. Dis't Att'y Clyne, armed
with fresh evidence, said the federal
grand jury would take up food price
quiz again Monday.
- o-1 o
GRAND JURIES TO GET FOOD
FACTS NEXT WEEK
Washington, Dec. 9. Special
grand jury investigations into- high
cost of living will be begun in De
troit, Chicago and New York the
middle fii next week, Special Ass't
Att'y'Gen.vAnderson, in charge of the
probe, announced today. "
BITS OF NEWS
Marie Suhor, 9, and sister, Clara,
11, 4960 S. Marshfield av., played
with matches. Fire broke out. Res
cued. Small damage.
Coal caught fire in basement of 14
apartment bldg. at 65th and Cottage
Grove. Small damage.
Jas. B. Troutman, 75, manager of
Thiel Detective agency, dropped dead
in Grant hotel, Madison and Dear
born. Hear failure.
Jos. Davoren arrested. Said to
have stolen $200 jewels from Ella
Friezael, New York.
Four policemen captured three
Italians carrying guns after running
gun fight at Oak and Cambridge sts.
F. C. McCutcheon refused to pay
30 cents taxi bill. Arrested.
Donald Allen, 18, escaped from
Dunning asylum Wednesday. Caught
at JMadison.Jand Jtearbom today.