Business & Finance: Window Dressers

On Sept. 29, 1931 Oris Paxton Van Sweringen, older and wiser of Cleveland's bachelor brothers of railroading, called at No. 23 Wall Street to transact some business with J. P. Morgan & Co., his biggest bankers. As he chatted in an inner office someone summoned him to an adjoining room. There he found an old friend, Joseph R. Nutt, Cleveland banker. After a brief conversation Mr Nutt produced a document. He beamed while Mr. Van Sweringen signed it.

Last week, on the basis of that meeting and that document, a county grand jury in...