Word: cutten
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...elderly Joseph Wright Harriman were doing their utmost before a judge and jury to keep their client from going to jail on a charge of misapplying some $2,000,000 of his defunct Harriman National Bank & Trust Co. In Chicago the lawyers of wiry, lean-lipped Arthur William Cutten were doing their utmost before a Federal referee to keep their client from being barred from the Chicago grain pit and all other U. S. contract markets...
...Trader Cutten was charged with misreporting or failing to report his long and short positions in excess of 500,000 bu. under the Grain Futures Act (TIME, April 23). He did not attend his own hearing in the walnut-paneled, air-conditioned courtroom in the Federal Appraisers' Stores building. But a band of Texas farmers trooped in when the hearings began fortnight ago to see if they could find out "what becomes of our wheat and why we got 25? a bushel." They heard that: 1) Trader Cutten had been 11,000,000 bu. short of wheat...
...Cutten's lawyers steadfastly maintained that every time one of his accounts ran over 500,000 bu. it was duly reported. He and his lawyers had not interpreted the Act to mean that he must add all his little accounts together and report them if they totaled more than 500,000 bu. But that was the Government's interpretation. When the hearings were concluded last week the testimony was forwarded to the Grain Futures Administration in Washington for hearings in October...
...speculator," wrote Arthur William Cutten in the Satevepost few years ago. "I like to make money. There is a thrill in the actual process unequaled by any emotion a man of my years is apt to experience." Last week spare, tight-lipped Speculator Cutten experienced another emotion. The Federal Government, after examining his grain transactions over a long period, cracked down and bade him show cause why he should not be barred from trading in all U. S. contract markets. No less important a New Dealer than Secretary of Agriculture Wallace, as titular head of the Grain Futures Administration...
...coal screen manufacturing concern whose real offices are on Chicago's southwest side. The company explained last week that Speculator Cutten is an "active" vice president...