BOOTLEGGERS’ PROFITS
THE RECENT ROUHD-UP BANKS MAY BE INDICTED Pr*** Asaodtlien—By Telegraph—Copyright. » 1 ~~~~ NEW 7 YORK, October IS. (Received October 19, at 9 a.m.) Seven banks which handled bootleg accounts and loaned vast_ sums to “ emperors ” of the booze ring to buy Scotch whisky in England may bo indicted following the arrest of the chief actors in Wednesday’s raids. The ring’? business apparently averaged £200,000 per week. Every 'Saturday they declared a 12 per cent, to lo per .cent, dividend so that if ever a blowup came, as has apparently happened, settlements between the rum barons would bo almost up-to-date. Federal agents found that the remarkable success of the rum syndicate was partly due to spies in Uncle Sam s coastguard service,_ wearing the country’s uniform.—United Service.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/ESD19291019.2.96
Bibliographic details
Evening Star, Issue 20310, 19 October 1929, Page 15
Word Count
127BOOTLEGGERS’ PROFITS Evening Star, Issue 20310, 19 October 1929, Page 15
Using This Item
Allied Press Ltd is the copyright owner for the Evening Star. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons New Zealand BY-NC-SA licence. This newspaper is not available for commercial use without the consent of Allied Press Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Log in