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Admits fraud to Senate committee. Washington, D.C., May 13. Kenneth D. Sture, chairman of the board of the Chicago and Eastern Illinois Railroad, conceded before the Senate Railroad Financing today there was fraud in connection with a 1932 RFC loan to his road. The loan in question was made in March 1932, and totaled approximately $3,600,000. The alleged fraud was in the road's application when it stated it had exhausted unsuccessfully all sources for borrowing privately

Admits fraud to Senate committee. Washington, D.C., May 13. Kenneth D....

A black and white photo of two men sitting at a table. Public domain portrait photograph, free to use, no copyright restrictions image - Picryl description

Admits fraud to Senate committee. Washington, D.C., May 13. Kenneth D. Sture, chairman of the board of the Chicago and Eastern Illinois Railroad, conceded before the Senate Railroad Financing today there was fraud in connection with a 1932 RFC loan to his road. The loan in question was made in March 1932, and totaled approximately $3,600,000. The alleged fraud was in the road's application when it stated it had exhausted unsuccessfully all sources for borrowing privately

Admits fraud to Senate committee. Washington, D.C., May 13. Kenneth D....

A black and white photo of two men sitting at a table, Library of Congress Harris and Ewing collection Title from unverified caption data received with the Harris & Ewing Collection. On envelope: found near D2... More