INVESTIGATIONS Micromorality Sam Butler's Hudibras, who divided "a hair twixt south and southwest side," was no more delicate a micromoralist than some Americans in last week's news. Before a Senate subcommittee appeared Frank Prince, onetime RFC official who was bounced last May for his part in a paper-company loan (TIME, June 4), and the man who appointed the man who approved RFC's $645,000 loans to the American Lithofold Corp. Prince said that Lithofold had given him a $100 camera, perfume, crates of oranges, a turkey and a "small ham." But Prince knew...

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