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Domestic News January 15, 1934

Henderson Daily Dispatch

Henderson, Vance County, North Carolina

What is this article about?

Edsel Ford testified at a U.S. Senate banking committee hearing in Washington about losses in Detroit banks, including $6 million his company invested in Guardian Detroit banks in 1930, while conferring with Sen. James Couzens and attorney Ferdinand Pecora.

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AS EDSEL FORD APPEARED AT SENATE BANK HEARING

This photo shows Edsel Ford, left, son of the Detroit automobile magnate, conferring with Senator James Couzens of Michigan, center, and Ferdinand Pecora, right, attorney for the senate banking and currency committee, at Washington during a hearing of the committee on the condition of Detroit banks. Ford testified regarding the losses he and his company had sustained in the Detroit banks and told how his company had poured $6,000,000 into the Guardian Detroit banks in 1930.

What sub-type of article is it?

Politics Economic

What keywords are associated?

Edsel Ford Senate Hearing Detroit Banks Banking Committee Financial Losses

What entities or persons were involved?

Edsel Ford Senator James Couzens Ferdinand Pecora

Where did it happen?

Washington

Domestic News Details

Primary Location

Washington

Key Persons

Edsel Ford Senator James Couzens Ferdinand Pecora

Outcome

ford testified regarding losses sustained in detroit banks; company poured $6,000,000 into guardian detroit banks in 1930

Event Details

Edsel Ford conferred with Senator James Couzens and Ferdinand Pecora at a Senate banking and currency committee hearing on the condition of Detroit banks; Ford testified about losses he and his company had in the Detroit banks

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