Word: couzenses
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U. S. Senator James Couzens is not a tactful man. Last week in Detroit, where he got his riches as Henry Ford's foreman-partner and his radicalism as a rambunctious police commissioner, silver-crowned Senator Couzens bluntly accused his home town bankers of pulling down their temples on...
Detroit has waited a long time to hear Michigan's Senior Senator tell his story of the banking fiasco which Judge Harry B. Keidan has been probing off & on all summer (TIME, Aug. 7). For in all the reckless charges and counter-charges that have been hurled since Detroit...
Other stockholders, less well-to-do than the Couzenses, were fighting the $35,000,000 in assessments ordered by the U. S. Comptroller of the Currency, had in fact secured a temporary Federal injunction against their collection. Such legal tactics made upright Senator Couzens impatient. Declaimed...
"The provisions of the law for double assessment are plainly stated. Mrs. Couzens and I believe that the moral obligation is plain and we do not desire to avail ourselves of any technical or other reasons for not paying the assessment."
Michigan's white-crowned James Couzens, richest U. S. Senator, sat himself down last week and signed two checks totaling $30,423.39. One he stuck in an envelope and mailed to the receiver of the defunct First National Bank of Detroit. The other he dispatched to the receiver of...