Michigan's white-crowned James Couzens, richest U. S. Senator, sat himself down last week and signed two checks totaling $30,423.39. One he stuck in an envelope and mailed to the receiver of the defunct First National Bank of Detroit. The other he dispatched to the receiver of equally defunct Guardian National Bank of Commerce. Then he smilingly informed his wife, Margaret Manning Couzens, that he had paid in full assessments against her as a stockholder in the holding companies for the two closed banks. He also informed the Press.
Other stockholders, less well-to-do than...
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