FALL FROM PLANE

Stratford Evening Post, Issue 86, 6 July 1928, Page 5

FALL FROM PLANE

FINANCIER DROWNED OPENED WRONG DOOR. BODY NOT RECOVERED. United Press Assn. —By Electric Telegraph Copyright. (Received 9.15 a.m.) LONDON, July r,. Tlio Stock Exchange instantly reacted to Loewensteihs's death and dealers refused to quote niTernational holdings or hydro electric security in which he was heavily, interested. The former drdpjved sixty points and the latter twenty-sis points, regaining twelve.

The machine was his own ami w.as a three-engined Fokker. It was crossing the Channel at a thousand feel; altitude at the time of the tragedy. Tlie body lias not been recovered and must have been reduced to pulp. !. ! EARLIER ACCOUNT. LONDON, July 5. The well-known Belgian financier and milHonUire Lowenstein was drowned to-day as a result of a most remarkable accident in tbe air. He left Croydon for Brussels by an aeroplane accompanied! by his personal staff besides tbe pilot and mechanic. While living over tbe sea. between Dunkirk 'and Ostein!, Lowenstein left his companions to visit the lavatory. Owing t Q his prolonged absence a search was made. The lavatory was empty. Apparently LowensteTn had opened an adjoining door giving egress and bad fallen out of the plane. It is reddled that he offered to lend the Belgian Government £lO,000,000'■■without interest to stabilise the franc. He was greatly disappointed because tbe offer was not accepted. .;;; : - 1