GRAIN SPECULATION
BUSINESS MAN’S OFFENCE
REGUL AT lONS VIOLATED
WASHINGTON, Feb. 14. A special Cabinet Committee composed of Mr. Henry Wallace, Secretary of Agriculture, Air. Daniel Roper, Secretary of Commerce, and Mr. Homer Cummings, Attorney-General, found Arthur Cutt.cn,
one of the largest speculators on the Chicago Board of Trade, guilty of the violation of several provisions of the so-called Grain Futures Act,'and he was prohibited from trading on any exchange in the nation for two years. The committee declared that be frequently failed to report holdings in excess of 5C0.000 bushels ns required by law, operated through eight firms, and disguised his dealings to manipulate prices.
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Bibliographic details
Poverty Bay Herald, Volume LXII, Issue 18632, 16 February 1935, Page 5
Word Count
106GRAIN SPECULATION Poverty Bay Herald, Volume LXII, Issue 18632, 16 February 1935, Page 5
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