“WHISPERING CAMPAIGN”
COMMUNIST METHODS AGAINST U.S. BANKS. (United Press Association—By CableCopyright.) (Received 29, 11.40 a.m.) Chicago, July 28. What appears to have been a nationwide plot to undermine the banks was
revealed by Federal agents who raided the hotel room of George Rowlanl, an alleged Communist, at Pontiae, Michigan. They found a number of documents detailing a “whispering campaign’’ against banks throughout the Middle West.
It is understood that tile technique of the so-called Communists consisted in clandestinely telephoning heavy depositors declaring that various banks were unsafe and expected to clos/ It is believed that such tactics were responsible for the heavy withdrawals in June from a number of Chicago banks, many of which failed.
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Bibliographic details
Hawke's Bay Tribune, Volume XXII, Issue 192, 29 July 1932, Page 7
Word Count
115“WHISPERING CAMPAIGN” Hawke's Bay Tribune, Volume XXII, Issue 192, 29 July 1932, Page 7
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