Word: lea
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Public feeling in Buncombe County, N. C., was high against Wallace B. Davis, president of the collapsed (Nov. 20) Central Bank & Trust Co. of Asheville. So a jury from neighboring Haywood County was called in to try him. Co-defendants in the case were famed Col. Luke Lea of Nashville, his son Luke Lea Jr., 23, and Col. Lea's associate E. P. Charlet...
...Between Judge Robert Worth Bingham, publisher of the Louisville Courier-Journal and Times, and James B. Brown, editor & publisher of the Herald-Post. Publisher Brown is president of National Bank of Kentucky which, involved with the Caldwell-Lea crash (see p. 19), was closed along with other local banks. Now to reopen, it promises payment in full...
Leader of the impeachment drive was U. S. Congressman Edward Hull Crump, Democratic boss of Memphis. Cried one of his Memphis henchmen in the Tennessee House: "Don't let anybody tell you Governor Horton's not listening to Lea and Caldwell. They pour water into his ear and tell him it's raining." Defenders of Governor Horton argued that the attempt at impeachment was "nothing more or less than a political conspiracy to overthrow the State government and seize its reins by a few ambitious men." They insisted no specific wrong-doing was charged against...
Happy was Governor Horton. Happier still was Col. Lea who viewed the House's action as a turning point in his own political tide. His attorneys assured him he would be quickly cleared of the indictments against him at Knoxville and Asheville, growing out of the Caldwell & Co. crash. He expected shortly to get back his Memphis Appeal and his Knoxville Journal which have been in receivership. Then he would start battling again against the Crump faction of Tennessee Democracy, attempt to regain his lost political ascendancy in the State. Gradually in the public mind a distinction was being...
...Caldwell was in a much worse fix legally than Col. Lea. In the first place he was flat broke. In the second public sentiment was more bitterly arrayed against him. Last week at Nashville he went on trial for fraudulent breach of trust. The charge was that he had substituted inferior securities in his Bank of Tennessee as collateral for county deposits without getting, as agreed, the county's permission for the substitution. Overruled was his plea for a postponement of his trial on the ground that the Horton impeachment case inflamed public opinion against him. Fortnight ago Governor...