David Meriwether Milton, smart husband of John Davison Rockefeller Jr.'s daughter Abby, has been a very busy man the past fortnight. First he journeyed from Manhattan to Chicago to face sharp questioning by Congressman Adolph Joseph Sabath's investigating committee, which originally started out to investigate real estate bondholders' reorganizations. From Mr. Milton the committee wanted to know all about the acquisition of General American Life Insurance Co. by Southwestern Life Insurance Co. last spring (TIME, April 6).
What happened was that three Dallas lawyers put up a little of their own money, borrowed...