POLITICAL NOTES: Warren's Woe

Embarrassing enough to be a vice president and director of a bank which fails. More embarrassing to be charged with gross negligence in the bank's management and to be sued for $1,850,000 by 7,000 depositors. Still more embarrassing to be a U. S. Senator when these things happen. And most embarrassing of all, thought observers, for aged U. S. Senator Francis Emory Warren of Wyoming ("The Greatest Shepherd Since Abraham"), against whom the $1,850,000 suit was brought last week. Senator Warren, of all Senators, might be considered a sound bank official. For many a year he has managed fiscal...

Want the full story?

Subscribe Now

Subscribe
Subscribe

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!