Word: guardia
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...long time Congressman Fiorello ("Little Flower") La Guardia of New York had been quietly stuffing a Pandora's Box with woe for Wall Street. Last week the box, a big, brown trunk, was so full of woe that it required two men to lug it in to Senator Norbeck's bear-hungry Committee on Banking & Currency, still investigating the stockmarket (TIME, April 25 et seq.). When Congressman La Guardia opened the lid, out flew a flock of woes for Bulls, Bears and the financial press...
Congressman La Guardia: Ballyhooed ?rigged! This one man Plummer paid out $286,271 during the course of his operations. ... He is a very smart young man, a writer of high-powered stuff...
Given a stock, smart Pressagent Plummer would "proceed to convince these financial newsboys that he had a good story." Congressman La Guardia added: 'He's been telling about some of these things lately, and since then he has been a harassed man, under indictment." Asked to explain the indictment, Mr. La Guardia said genially: "Well, it seems that he started to write a book, The Great American Swindle, or so he tells me ... and he says that in order to obtain some of his facts he had to act like a criminal. He was trying to show that forged securities...
Urged to reveal more recent corruption, Congressman La Guardia enthusiastically described the Indian Motocycle pool. Enlisting the aid of Manipulator Harry Content and Pressagent Plummer, Hansell & Co. assumed sponsorship for the stock late in 1929. Plummer shot stories of a 65% increase in orders to papers in Springfield, Mass, (home of Indian Motocycle Co.), which were picked up by the Boston News Bureau, copied by its affiliate, the Wall Street Journal. Activity of the stock increased, the price was jumped from $4 to $7.50 in the second week of January 1930. Then the directors of Indian Motocycle purchased the rights...
...Disarmament Conference at Geneva. A sound film, this internationally-centered set of reels includes brief addresses by such men as Sir Robert Cecil, Curtius, Ghandi, Gibson, Henderson, Hitler, Ramsey MacDonald, Mussolini, and George Bernard Shaw, among others. In the portion of the reels dealing with prohibition, La Guardia and Mrs. Sabin, of wet affiliations, hold forth...