Business: Dirty Backwash

Last week it became quite clear that Samuel Insull, biggest utilitarian in U. S. history and once the biggest businessman west of the Alleghenies, had used the accountant's art to inflate his profits, to hide losses, to make large dividends seem justified. Up to now it has been assumed that Mr. Insull failed with honor. Now this is put in doubt.

This revelation, and a host of others, put a new light on the precipitous departure of Samuel Insull to Paris (from Quebec, aboard the Empress of...

Want the full story?

Subscribe Now

Subscribe
Subscribe

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!