Muncie Post-Democrat, Muncie, Delaware County, 14 November 1924 — Page 2
PAGE TWO.
THE POST-DEMOCRAf.
FRIDAY, NOVEMBER 14, 1924.
THE' MU NOE POST-DEMOCRAT. a Uemocratic \teekly newspaper representing the Dentmocrats of Muncie, Delaware County and the Eighth Congressional District. The only Democratic Newspaper In Delaware Co. Entered as second class matter January 15,1921, at the postoffice at Muncie, Indiana, under the Act of March 3, 1879. Price 10c a Copy—$3.00 a Year. Office 733 North Elm Street. Telephone 2540 GEO. R. DALE, Owner and Publisher. Muncie, Indiana, Friday, November 14, 1924.
Hoffman is to be<made head of the Delaware anti-sa-. loon league and honorary member of the W. C. T. U. and, will not have time to be chief, anyway.
Prosperity has set in at the plant of the Warner Corporation. Before the election the word went out at this plant that the election of Coolidge and Dawes was the only salvation of the working man. The Press added to the chorus by stating, the day before election, that a vote
for Coolidge and Dawes was a “vote for your job.” gravat ed form. And John Hampton could easily spare The deluded workmen voted as told and two days af-,^ ^ ^ .,n.i
ter election were informed that owing to slack business
TRY IT ON YOURSELVES. | Wouldn’t it be awful on the help at the children’s! home if Doc Moore should happen to get hard up again, | now that all the kids have been operated on $840 worth ? It looks like a shame that the helpless orphans had to be! carved up when there are so many grown ups who ought
to have gone to the front for Doc.
Mrs. Gill might easily have sacrificed herself for ; science and for the good of the great order to which she and Doc Moore belong; or, there is Billy Williams. ‘Billy j is always ready to help out one of his gang. Why didn’t j Billy offer a leg for the good of the cause? And there’s Van Ogle. Van would never miss his Adam’s apple and removing that hillock from the neck of the amiable prosecutor wouldn’t hurt much more than
clawing things out of a baby’s throat.
And last, but not least, there are the three patients in the commissioners’ office, suffering with gravel, in an ag-
A Procession Of Witnesses Called In Hawkins Case
some* of his gall, in the interest of science and financial need. Give the kids a rest and try sticking the harpoon
onto somebody of your size.
HAND ON KKK SCHEME
the working days at the factory had been reduced from six to three a week. The workmen, who are receiving but half as much money per week as they did before election,
now have three days a week to rest and meditate on the | ^ TI r T A T UTA A T7'\7' error of voting the way their bosses tell them to vote. 1 LA W LA jlS 11b HLA V Y
The Post-Democrat has no objection to any workingman voting the republican ticket if he wants to. If he I wants to tie a rope around his own neck, it’s his own busi-!
ness. After eight years of prosperous times under Wood-1 — ,c..^ row Wilson, labor got cocky and voted the republican, Los Angeles Calif _ The Los An J t ion activities, and that an "alien” party into power. For four years he has been repenting g e j es Times publishes this highly in- painter was given a painting job over in sack cloth and ashes, promising to restore the party to teresting news concerning the doings | the much higher bid of a faithful power that has shown itself to be the real friend of labor, iof the “Anglo-Sacks-ons” of ihe Pa- ^Knight of the Ku Klux Klan, a for-
When his chance of salvation came he turned yellow cmc coast: , m ® r officer of the cor P orat,on and frightened at his boss, again voted the republican The fact that the Pacific coast te *
ticket Strong backs and weak minds ! Home Buil(lin S Company, started its This incident, he declared, together tlCKei. Strong DaCKS ana WeaK minus. (career as a “lOO percent American ! with other matters of similar type,
o a tJT7'T'\ a organization,” did not keep it from'finally led the whole matter into the SAVJiiJJ r KUiYl L-tlAUS. accepting hard-earned dollars of for-| grievance committee of one of the Frank Vanderlip, who came into prominence some eigns, colored folk and Mexican ia-, local Kians.
months ago by charging the dead president, Warren G. borers, it developed when it was | The Pacific Coast Home Building Harding, with being involved in a shady transaction, 1 >" bu ' tw L°‘^ ns ZZZ comes out in a statement that the election of Coolidge and corporatioI1 W ere members of the Ku investigators learned when one of the Dawes means that the people of America condoned cbr- Klux Klan. This situation came to!f orm er officials of the company adruption and dishonesty in office for the sake of economic 1 light following the arrest on char- | ni itted that he and three others dispeace and industrial security, or words to that effect. jges of imbezzlement of “Dr. Sir cussed the matter in the state head-
He adds that their decision was a wise one and that Robert Walter Douglas,” confessed quarters of the Klan and later ap-
,, , . • i £ *i. • oT.Ara and art faker and director in pealed for “100 percent help at meet-
the country is now in for a long era of prosperity, owing [ogether ^ o( various Kians
to the election of the republican nationa ticket. v . e th ail olier offlcers on the board3 The men wh0 joIned the company
That the man Vanderlip IS thoroughly debased was of the company. as Klansmen, and who contributed
evidenced by his cowardly and unfounded attack on the j The versatile “Dr. Sir” Douglas, it | their money and later became officers character of the dead, but his latest statement could only'appears, was the only man who was in the corporation, are awaiting eagemanate from a mind warped beyond redemption. jnot a member of the Klan when the . € rly a complete report on the com-
If Esau merely sold his own birthright for a mess of company was formed, and the P 1 ™- hTf^fe^vsterv of
pottage, what of an electorate that would condone the .^ aI ~ ation he said( was the lack how Mr. Lively and other “aliens” barter and sale of the people’s domain by unfaithful pub- l of the necessary klektoken—or $10 in I became associated with the concern, lie servants for the sake of a job and three meals a day, Un ited states money plus the cost of j Arthur c . weiis, 3302 south wiiton and then not get the job nor the three meals? the robe. \ 'place; 1. 0. Biake, 1431 East Rock
It is true that the people condoned the private wire j This, however, did not prevent the, Glen G’end-le; L. W. Osborne, 3S-vi
from the white house to Palm Beach, with its “peaches”, Clansmen ass0C1 ^ ted V'J 7h^ Brook Jf n A ; h H w Pr H lce and T '
and “anriVot*” that Indiana plootod a ronnbli l giving him 100 s ! n . the 7- Kuhns - 1193 South Windsor aven-
appieS ana apricots, tnat maiana eiectea a repuoil- ! cor p 0ra tion for his services in bring- U6 and several of the other officials can governor while his predecessor was doing ten years in I ing to the company the prestige of In ’ the company admitted freely that Atlanta and that the voters of Deleware county re-elected his connection with it, he explained. it wag their understanding the cornthree corrgplissioners who sponsored the gravel steal, but It was Douglas’ confession to the au-i pany was to be “100 percent,” and we do not believe the people are proud of the job. thorities that first gave them , that it was discussed on the floor of
No nprmanent p-ood D p-fliripd bv POmDromisinP’ with clews that led to the arrest of Klavern of Klan No. 1, at its old
•1 gOOa lo gamed oy compi omising Wien officer5 the company and ihe revc- n, ee ting place, Moneta and Siauson
evil, Vanderlip to the contrary notwithstanding. ' cation by corporation commissioner I ovenues .
Daugherty of the company s permit. J Thcy corro borated the story related
GET NEARER HOME. j The Pacific Coast Home Buildiim , by LougUs ir , which ho sai d that The Muncie Press figures it out that Senator Brook- Company was formed by some 35 35 Klans - lien gathered in an office
hart has lost his reputation by running so far behind , members of . the f Lo a ■ at thr Fou) !. h and Hl11 s,ree,s ® nd Coolidge in Iowa. The Press might have stayed nearer . t was , o be a ,. rea , 100 cent a™- • s , 11)scr ; bec , <100 „ pr eor*.nia,ti»n
at home and said something about three commissioners ; eri c an outfit, for and by members of fund
who trailed four thousand votes behind Coolidge in Dela- ! the ku kiux Kian,” as one of ti^ ., it iny understandiQ g t p at the ware county and a prosecutor whose plurality was less 'arrested men declared in his state -■ t)r; ,, fr t0 be a Klan affair, only
'for the boys in the organization. T
than half the Coolidge plurality in Delaware county. Or, | ment t0 the inve8tl s ato j' ? -
q "fov 1“U54i1i'no* qo ' Just wtipn 01 . 1 p.ctve ?50 und ssYGrul montus lutcr hind Coolidge, what can be said of the governor-elect of ^" d "we° set^lir/T 1 C the!“ Indiana, who won by about seventy-five thousand in the (sale Of contracts and business deals res?gnation from the board of direcsame election that gave Coolidge a majority of consider-jto and with mere “aliens”—persons tors T Mr Price stated f 0 ii 0W ing his ably over two hundred thousand? The Press gets so ter- j not eligil>le t0 membersh, p th ® appearance at the city prosecutor’s
ribly forgetful when it starts out to prove some little Klan — stl11 ,s a m y stery t0 e rec office
point of its own.
“In The Dark”
SENATOR LODGE.
Senator Lodge is dead. The senator was a man of
tors of the organization questioned in connection with the investigation. j
The outstanding fact, to them, is Price was vastly mystified when that they were taken to the city jail b e was shown the company’s ledger and held under $1,000 bond each on containing the notation “Colored” af-
great intellectual power but was wholly out of sympathy , a complaint signed y _ • ’ er man y names.
with thp nrop-rpssivp thoup-ht of thp riav Hp will bp phipf i a colored m,n,ster o£ the Gos P e ’ Wells, Kuhns, Blake and C. K. witn me progressive tnougnt oi me aay. ne wm oe cniei | gaid he pai(1 $400 int0 the treasury Wi t h ington, 1042 west Santa early remembered as the bitter enemy of Woodrow Wilson. of the .p a cifi C coast Home Building bara avenue told practica]ly the same , In his unreasoning antipathy to Wilson and the League company and has not been able to gtory as did Mr 0sborne They a . n 1 of Nations, Lodge pursued the great war president even get his money back. declared they had resigned as direc-' after Wilson was stricken with mortal illness. By a re- j Not °? ly was the home ^ bull T ^ ns tors of the corporation months ago markable coincidence Lodge was stricken in exactly the l cor ?. 01 ! atl , on , ^ Splines 0 were 7 to he and kne ' v next to nothing of the same manner and with the same malady that ended the 1 entirely with members of the Klan, R] , . ®' ' life of Woodrow Wilson. The senator during his thirty-one and an contracts for labor and con- las , Vtory^hlt a h e’ was"' G g 1 ven° 100 years in office never swerved from his allegiance to the stmetion were to be given to mem- ghareg of gtock Mr Blake gaid that “old guard.” He stood pat and died in the faith. His | bers of the h00ded organization, ac- Douglas was t(> get that when it point of view was generally wrong, but he never swerved cording t0 statements made to per- wouId become permissible under the in his devotion to the forces of reaction. ticffiatTon in The affTiT 0 e( 0 p r law to give him the stock, hut the
ticipation in the affair. deal neyer went through TTi7>t>T?»a A TT/~vnn /^r\xTrrT?C!rr I P , ■ According to the men interviewed HERE S A HOT CONTEST. I Inspection of the company s rec. they understood the co m P any was to
The word is now going down the line that City Judge ° rds now in the city prosecutor’s seI1 buildin g contracts on weekly Lance Coons is going to be a candidate for mayor in the office discloses the fact that fully 30 payment plans and was to bund SL P n iniary in 0pp0siti0n t0 't ury Commissioner John Z'T. VXZl
If Lance is elected mayor Ira will be chief of police o7e r d e "TnTtk 0 "? h g ooTportion CO o ( '
and if Hampton gets it Bob Graves will wear the chief’s the names in the ledgir of accounts All the stock in the company was to badge. , had a decidedl > Mexican appearance. be he l d by Klansmen, the contracts Hampton has decided now that he will not appoint ° ne of tbe first storms that led to were to be sold to them, and labor Harry Hoffman, since Bob wants the job. Bob says he ncrcTit” C program 1 waTIhrTTnxrv T d material were t0 be purchased can be chief and keep his crap game going without any that a colored.,nan was given a con- p , an . some of the Los AngeL kfanT
trouble at all. tract for cement work In the fjrst men were told-
Government Attempts To Show Ramfication of Alleged Mail Fraud Conspiracy; Elliott Introduces Income Tax Returns Showing Concern Lost Money in 1918, 1919 and 1920; Witnesses Identify William Jones, Secretary-Treasurer State Board of Agriculture As Salesman; Cofiinberry and Other Hawkins Employes Give Testimony; Conflicting Evidence Regarding Bedford Welfare Loan Society.
f,Special. {testimony by which the government Indianapolis. 4Siov. 14.— By a pro-j sought to weld the chain of circum cession of witnesses who had 7 been | stances about the defendants showdeprived of their earnings through ! ing that they h , d - Deen b0 und in the investing in the Hawkins Mortgage, conspiracy to defraud several thouCompany, the government attempt- i sand stockholders out of several ed to show today the ramifications , millions of dollars in the worthless of the alleged mail fraud eonspir-; stock-selling campaign carried on in acy. Homer EHiotf, district attor-( more than thirt 3tateg Qf he COun . ney introduced in evidence income try. Evidence ' was introduced to
tax returns to show that the Haw kins Company lost $16,360 in 1018; $26,068.78 in 1019 and $58,766.74 in 1020. _ The attorney then read eir-
show that huge quantities of mail flooding many communities with the “literature” of the Hawkins interests, had been mailed from Port-
enlars and letters mailed out by the land Ind . ’ ndianapo ii S( st . LouiSi
Hawkins Company stating the com pany was a ‘sound financial concern,” a “reliable and safe investment,” both principal and interest guaranteed” by * bond signed by
Mo.; Cincinnati, O., and Pittsburg, Pa., in furtherance of the alleged
gigantic swindle. Co.finceriy Recalled.
Witnesses introduced by the gov-
Hawkins Company officials and that ernment wcre George L. Coffinber-y the company had assets of $0,000,- of p 0 rtand, comptroller of the de- ^^ ... __ . ' funct Hawkins interests, who was Mrs. Edna Pierson, 73, of Alexan- ques tioned at the opening day of dria, Ind-, put on the stand as tjpi- ^j ie (_ r ial by the government; Frank cal of the thousands alleged to have j B owen former agent of the Hawbeen defrauded hj Hawkins, said ]G ns Mortgage C'omtpany; Mary she lost $3,200 which she said she Tourney, former stenographer of Invested in the Indiana liuial ^ red- company; Kingdom Castle, forits Association. She had exchanged j^j. stockroom keeper; Charles A. her stock in that organization tor McK eand of Atlanta, Ga„ former Hawkins stock at Die instance ol new bll siness promotion marager of William M. Jones ot Indianapolis, 4be CO mpany; Chester P. Savage o' secretary-treasurer of the Indiana East gt Loujs in . Han . y Fro3t of Board of Agriculture. Jones was Akr0Ib 0 .- Ed c . Qreeson of Kokotold to stand up and Mrs- Pierson mo i nd-; a farmer; Clyde Shurtz of identified him as the man who call- Alexandria, Ind.; Jessie Little of ed on her in person and urged the Akron, O.; Mrs. Adele Brown of Orexchangc of stock. Jones was an i eanSj i nd .; Stanley P. Chrysler of officer in the ludhina Koral Credits Bedford; Eliza J. Buckingham of Association. _ Brookville, Ind.; A. B. Butz of When asked the dale ol a ciicular chickasha, Okla., and Joseph F. setting forth the advantages «l hold- 2ike of Morristown, Ind., a farmer, ing stock ill the Hawkins Company j n b j S testimony Coffinberry idenElliott replied, ‘‘Oh, it hasn t any titled an interoffice communication date. It is just a hook like Mark gjgned by Hawkins, ordering him to Tiyain’s ‘Huckleberry Inin. Judge pay william Jones, secretary-treas-Geiger smiled. ., urer of the Indiana board of agriE- W. Page and his wife, Sarah, cu iture, and one of the defendants, of Hall, Ind., testified they lost to ^ be sum 0 j> a week f Gr a certain gether $2,000; Mrs- Julia. laweett, pe riod. Coffinberry was instructed of Wabash, IntL, $1,500; B. 1 Bar- j n | b e order to charge the amount her of Chicago, $940; Mrs M. M. to advertising and “do not indicate Boyd, of Richmond, Ind., $500; W- on check what it is for.” Jones A. Blank, Jr-, of Michigan tity, Ind., and ]yj ord Carter, Indianapolis busi$3,600; Burrell Adams, of Eugene ness men, were associated with the City, Oregon, $12-> and E. A. Eggle- Indiana Rur 1 Credits Association, son, of Kansas City, bans., $320. which‘was taken over bv Hawkins
Elliott introduced a list of Wei- and b i s par tners.
fare Loan Societies operated by the q, be witness related several Hawkins Company, showing one at transactions and identified a numBedford, Ind- Testimony Wednes- ber 0 f communications relating to
day said no Welfare Loan office had jones.
even been opened there.
Wednesday's Proceedings.
He said that another person on the pay roll was William Webb, St. Louis, who was an officer of the
Indianapolis, Nov. 14.—An ava- United Home Builders of America, lanche of documentary evidence and one of the concerns absorbed by the verbal accounts of extensive fraud Hawkins interests. After Hawkins by officials and agents of the Haw- took over that concern it did no
business, Coffinberry said, in answer to questions, except to take in
released by what money cotnract holders would jury in the pay and to “trade contract holders
out of their equities.” Statements Identified
Among the documents identified were a number of printed statements, the date on which was not brought out, showing deficits of Indiana branches of the Welfare Loan Societies operated by the mortgage company. The deficit for the Indianapolis branch was $12,853.75. Others in this state follow: Lafayette, $10,731; Logansport, $182, Elkhart, $6,518; Michigan City, $7,002; Evansville, $3,050, and South
Bend, $488.36.
The income tax paid by the Hawkins Mortgage Company in 1921 showed receipts of $28,592 and deductions of $165,880.16. The expenses included officers’ salaries, $14,165: expenses of operating, $119,759.08; bad debts, $19,394.93. A. M. Frumberg. St. Louis, attorney for Anthony Scheib, vice-presi-dent and secretary of the mortgage company, began the cross-examina-tion for the defense. In Cross-Examination In cross-examining Coffinberry, Frumberg questioned him in regard to changes made in the entries in
company books.
“Hawkins asked me to change the entries so that they would not show that certain assets had been taken out of the business,” Coffin-
berry replied.
“When was that?’ Frumberg ask-
ed.
“I think that was in January. 1923,” replied Coffinberry. “You were in the habit of doing as Hawkins told you to do, Were you not?” asked Frumberg. “I was, but Mr. Hawkins was never unreasonable in his orders, and I saw nothing irregular in this request,” was the reply. At this point Coffinberry explained that Hawkins had said to him one d ay that “there are some things I can’t seem to get you to do for
me.”
“Did it eve£ seem to you that Hawkins was giving you orders in line of business which were improper?” Coffinberry was asked. “Only that one time,” he replied.
Woman on Stand.
Mrs. Brown told of sinking $1,200
kins Mortgage Company, resulting in mulcting of many stockholders
of their savings, was the government to the
second day of the Hawkins mail fraud conspiracy trial in Federal
court.
Witness afi ?.r witness told of being “flim-flammed” of their investments by Hawkins company representatives. Huge stacks of letters and official records, by which the government seeks to corroborate its charges of conspiracy to use the mails to defraud, were produced and read into the court record. The prosecution of the sixteen defendants was relentlessly carried forward by District Attorney Homer Elliott and his assistants, regardless of reported efforts on the part of Morton S. Hawkins, fugitive head of the alleged conspiracy, to attempt to negotiate with the government regarding the case against him. Postal inspectors reported that a man giving the name of Bell, had presented a proposal to Washington postal authorities for Hawkins's surrender if reasonable bond could be obtained. Mr. Elliott refused to dicker with Hawkins in any
way.
“Unconditional surrender or nothing,” commented Mr. Elliott. According to the report the agent Bell, had made the proposal to Chief of Postal Inspectors Rush D. Simmons of Washington, who in turn communicated by long distance telephone with O. B. Williamson, postal inspector in charge of the local in-
vestigation.
Clews to Hawkins’s whereabouts have been obtained from time to time, but they have proved to be fruitless. A nation-wide search for him is in progress. It is not known, according to information that could be obtained at the Federal building, whether Hawkins was in Washington, and would give himself up there, on acceptable conditions, or whether he was in telephone communication with his attorney there. Judge A, B. Anderson late Tuesday, granted a judgment to the government against Hawkins and the Republic Casualty Company, which was surety on the Hawkins bond of $7,500. The judgment was for the amount of the bond and costs,, which were $94.05. This amount was paid to the clerk: of the court by
company. John Rabb Emison, first assistant district attorney, represented the government in the ac-
tion.
Fifteen witnesses were introduced by the government, each git ing
a representative of the bonding | of her money in a Welfare Loan
Society at Bedford, which never opened for business- She said she bought stock of the Bedford Welware Loan Society, receiving sixteen shares of preferred stock and eight shares of common stock from
A. R- Sax of New York, general sales manager of the mortgage company, a defendant in the case. She ■ said she received a letter from dlie Hawkins company, notifying her that on account of the ho’liday rush her dividend check had beem held: up, but that it would be sent as-soon as possible. | ’ The holiday rush is not over yet.. is it, Mrs. Brown?” asked Mr. E1--liott. i “No, it isn't” the witness replied,, bringing a general laugh from the ! audience and a smile from Judge j Ferdinand A. Geiger. Mrs. Brown said she had written jto the postmaster at Bedford, inj quiring about the loan society and ; had been notified that no such comj pany existed ^t Bedford. Mrs. j Brown testified that she had lost i money invested in the Indiana RurI al Credits Association, which con- , cern had been taken over by the mortgage company; | Mrs. Buckingham related her ex--jperience with the Indiana Rural i Credits Association, in which she : had invested $1,000 and had beers ! induced to exchange her stock for I mortgage company preferred stock ; which, she said, proved to be worth- | less. She said that the exchange |had been negotiated and completed j by mail. The letter regarding the i exchange arrangements was read into evidence by Mr. Elliott. She | said that an offer was made to her i to buy Hawkins common stock at $65 a? share. Urged Stock Transfer. The Little woman, who testified that she had sunk $1,500 in the Coi Operative League of America, one | of the Ha wkins subsidiary companies which was absorbed by the mortgage company, said she had received many letters from the : Hawkins company, urging her to trade in her contract for Hawkins | stock. Mr- Elliott read several of the letters from Hawkins, Anthony ! A. Scheib, vice-president of the Hawkins company, a’- defendant in ' the case, and Carl B. Anderson, treasurer of the Hawkins company, another defendant, urging her to make the transfer. She said she had lost all of the money invested in the league. i Mr. Frost, an investor in the CoOperative League of America, said" he had lost $361. He identified letters received from the mortgage company regarding exchange of stock for his contract. Mr. Greeson said he had originally invested $1,000 in the Kokomo 1 ' Welfare Loan Society in 1922, but has escaped with a loss of approximately $200. He identified letters received by him from the officers of the Hawkins interests. ' Mr; Butz related his experience as an investor in the United Home Builders of America to the extent of $700. He said he had been induced to invest and then was urged by William Webb of Dallas, Tex., former Baptist preacher, head of the home builders, to exchange his holdings' for Hawkins company stock. Mr. Zike who invested $3,000 by trading iir> stock in the Indiana Rural Credits Association for Hawkins common stock, on which he paid down $900 and gave his note for the balance, testified that he had been promised a 12 percent return on his money by representatives of the Hawkins company. Letters written to him by John T. Sutton, of Portland, vice-president of the company, another of the defendants, weer read into evidence by Mr. Elliott. To Produce Records. I At the opening of court, the district attorney reported that a subpena duces tecum had been served ' on the mortgage company to compel it to produce the minute book of the company and certain recfds of the Welfare Loan Societies, and that thees records had not beerrbrought into court. Counsel for the 1 defense denied knowledge of their present place of hiding. Lew Wallace, Indianapolis, receiver for the company, in answer to a question from Mr. Elliott said that he hed made a persistent effort to obtains the recordsv bbt that he could not find them. i Judge Geiger held that the govffient had qualified, then, to give Secondary evidence of the content® of the records. Elliott said it wa® | conceded the fugitive Hawkins has the books. A “Salesman’s Kit.” I Bowen, in his testimony, told how he carried a “salesman’s kit’ r | with him on his trips, containing | literature advertising Hawkins sel curities and pamphlets with such! titles as “He' Profits Most Who ' Serve Best,” “A Helping Hand,”' j and ‘‘A Banker’s Honest Opinion.’" The stenographer testified that she had taken dictation on and had written a letter on the stationery j of the Cincinnati Bond and InvestI ment Company, referred to In the | indictment as a cloak uuder whichHawkins masked his operations, informing salesmen of the mortgagecompany thht a letter to be written? and purporting to be a market letter from a bona fide investment company was to be used as selling material. These letters, written at the Hawkins offices in Portland, "were shipped to Cincinnati and sent out through the mail, urging Hawkins stock as a safe and excellent investment. Testifying at the Thursday afternoon session; Kingdon Castle, of Portland, a former employe of the home office of the Hawkins Cmpany, asserted that many sacks of mail were sent, containing propaganda boosting the Hawkins Company stock. The mail was sent to per-" sons in every, state in the Union, he said. Charles A. McKeand, of Atlanta, Ga., former organizing director of the Welfare Loan Society and Chester F. Savage, of St. Louis, a contract holder in the United Home Builders of ■' Ainerica; also testified.