Volume 7 , Issue 20

July 1935, News - Lobby Probe & Lost Data...

Lobby Probe Hears of More 'Lost' Data - Washington, July 19, 1935 - UP -- U. E. Beach, securities manager of the Associated FAs and Electric company, testified before the senate lobby committee today that on his own responsibility he ordered branch managers all over the country to destroy records relating to their campaigns against the administration's holding companies' bill.

'I told my managers,' Beach said, 'it was O.K. to get rid of their records because we were through working on the legislation.'

Beach's testimony came after the committee had heard from E. W. O'Brien, AGE subsidiary employee, how he and other witnesses conferred on testimony before it was presented to the committee. The committee is inquiring into the company's part in the fight against the utility bill including its activiites in 26 states in which it operates."   |  View or Add Comments (0 Comments)   |   Receive updates ( subscribers)  |   Unsubscribe

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