Last week the following was news: Nicholas Roberts, former head of the defunct bosdhouse of S. W. Straus & Co. ("44 Years Without a Loss to Any Investor") was unceremoniously arrested in Manhattan last August on a charge of grand larceny brought by two Straus bondholders, the Misses Anna & Katherine Kuhlmann (TIME, Sept. 11). Last week Nick Roberts, whose annual barn party for Yale footballers in Montclair, N. J. was a nationally famed event, was completely exonerated. After a short trial the judge ruled that there "was not a scintilla of evidence"...
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