CRIME: People v. Banker

Jan. 6, 1931 was a proud day for upstanding President James Arthur House of Cleveland's Guardian Trust Co. On that day he was chosen one of the twelve leading bankers and businessmen of the country to advise the Federal Reserve Board in Washington. Behind him lay a 14-year term as president, during which his bank's assets had more than trebled.

Last week came a sorry day for Banker House. In a U. S. District Court in Cleveland he was being tried by seven women and five men on 16 charges of misapplication of...

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