Word: lithofold
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Dates: during 1951-1951
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...trouble. After the trip, Caudle talked to Oliphant about a U.S. tax lien against their host's property, and the lien was removed. Oliphant had accepted one of those $100 cameras handed out to Government officials as a "goodwill" gesture by the now famed RFC client, American Lithofold Corp. The gift was arranged by James Finnegan, St. Louis former Internal Revenue collector who has been indicted for taking bribes. When Oliphant resigned, he provided another item for the list. He made public a personal financial statement listing a $1,300 loan from Henry Grunewald, a mysterious Washington private investigator...
...Louis federal grand jury returned a five-count indictment against Jim Finnegan. He was charged with twice accepting bribes from a company that had a tax case pending in his office. And he faced three other counts of taking fees for representing private clients (including the notorious American Lithofold Corp.-TIME, Oct. 1) before Government agencies while he was getting a full-time Government salary...
Boyle referred to a Senate committee investigation into his acceptance of fees from the American Lithofold Corp. which got a loan from the Reconstruction Finance Corporation after Boyle arranged a meeting between Lithofold and an RFC director. Wrote Boyle to Truman: "A Republican member of the [Senate] committee stated yesterday that the record contains 'no evidence of illegality or moral turpitude on my part. I should add to that that I have at all times conducted myself with honor and propriety...
There was one other detail. When Boyle quit his law practice in 1949, Lithofold had gone right on paying its $500-a-month retainer to Boyle's ex-partner, Max Siskind. The payments to Boyle had totalled only $1,250. The payments to Siskind, to date, had totalled $14,000 and Siskind admitted that he has done only about five minutes' work for Lithofold in 28 months. The St. Louis Post-Dispatch charged that Bill Boyle got a total of $8,000 from Lithofold, instead of the $1,250 he swears to. Last week...
...committee voted to subpoena Boyle's bank account this week. If the records should show that Siskind passed along any of his fees from Lithofold, then Boyle has lied to the committee under oath, and-a far worse crime under Boyle's Law-to old friend Harry Truman...