Word: crummer
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...buying such stately old structures as Boston's Copley Plaza and San Francisco's Palace, changing their names and, by more efficient chain operations, their profit picture. His latest purchase, for $5,000,000: Los Angeles' Town House, which Conrad Hilton sold to Oilman Roy Crummer in 1953. (Hilton will continue operating it under Sheraton ownership until next October.) The results of Sheraton's expansion have been so good that a share of Sheraton stock bought in 1939 is now worth more than 20 times as much after splits. Sheraton's latest six-month...
Some of the conditions the subcommittee found worthy of criticism with regard to Clark arose in a case involving an Orlando, Fla. bond dealer named Roy E. Crummer. In 1944 Crummer was indicted for mail fraud in connection with two municipal bond issues. Crummer's trial lawyer brought into the case Attorney Francis P. Whitehair, a crony of Harry Truman's crony Donald Dawson. In turn...
Whitehair, who later became Under Secretary of the Navy, retained ex-Federal Communications Commission Chairman James Lawrence Fly. Whitehair and Fly called on Attorney General Tom Clark, asked him to drop the charges against Crummer, and gave him more than 60 letters from Crummer's clients. Said the Keating report: "It was improper for these attorneys to offer, and for the Attorney General to accept, argumentative materials ..." Besides, the subcommittee added, "the letters themselves were practically meaningless," since the point of the charges against Crummer was that he concealed his manipulations from his clients...
...lawyers also gave Clark a Senate resolution calling for an investigation of the Post Office and the Securities & Exchange Commission, the two agencies which had investigated Crummer. "No high-minded advocate would have trafficked so crassly in political pressures," said the subcommittee, "and no public official worthy of his office would have tolerated such a thinly veiled threat...
...third was the Crummer case, which Clark's Justice Department dropped. McGranery said that the case, like the others, should have been routed through his office, but he didn't even hear of it until he became attorney general six years later. Said McGranery: "You can't have secrets and dispense justice behind closed doors in our system. It must be done in wide-open spaces . . . I say to you gentlemen that you cannot dismiss matters under these circumstances without leaving real suspicion, and cause and reason for that suspicion...