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Story
July 24, 1925
Imperial Valley Press
El Centro, Imperial County, California
What is this article about?
O. P. Van Sweringen admits under ICC examination in Washington on July 24 to receiving a loan from J.P. Morgan & Co., secured by railroad stock, amid inquiry into the billion-dollar Nickel Plate merger and potential Morgan links.
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Van Sweringen
Admits
Taking
Morgan Loan
By United Press Leased Wire
WASHINGTON, July 24.-One loan from the firm of J. P. Morgan and Co. to the Van Sweringen interests was admitted by O. P. Van Sweringen under examination today before the interstate commerce commission, which is inquiring into his billion dollar Nickel Plate merger.
Van Sweringen said that the loan was secured by railroad stock and that he was held to customary rates of interest.
The evidence was divulged under questioning in an attempt to link Morgan interests with the merger.
Admits
Taking
Morgan Loan
By United Press Leased Wire
WASHINGTON, July 24.-One loan from the firm of J. P. Morgan and Co. to the Van Sweringen interests was admitted by O. P. Van Sweringen under examination today before the interstate commerce commission, which is inquiring into his billion dollar Nickel Plate merger.
Van Sweringen said that the loan was secured by railroad stock and that he was held to customary rates of interest.
The evidence was divulged under questioning in an attempt to link Morgan interests with the merger.
What sub-type of article is it?
Historical Event
What themes does it cover?
Justice
What keywords are associated?
Van Sweringen
Morgan Loan
Nickel Plate Merger
Interstate Commerce Commission
Railroad Stock
What entities or persons were involved?
O. P. Van Sweringen
J. P. Morgan And Co.
Van Sweringen Interests
Where did it happen?
Washington
Story Details
Key Persons
O. P. Van Sweringen
J. P. Morgan And Co.
Van Sweringen Interests
Location
Washington
Event Date
July 24
Story Details
O. P. Van Sweringen admits to a loan from J.P. Morgan & Co. secured by railroad stock during ICC inquiry into the billion-dollar Nickel Plate merger, with questioning aimed at linking Morgan interests.