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Sequel to the scandalous failure of City Trust Co. for $5,000,000 in Manhattan in 1929, a shifty-eyed little man of 62 last week entered Sing-Sing Prison to start a five-to-ten year sentence (TIME, Feb. 25, 1929). He was Frank H. Warder. As New York State Superintendent of Banks, he had taken a $10,000 bribe to delay an examination of the bank which would have-disclosed its fiscal rottenness. A Court of Appeals ruling that the evidence of his guilt was "overwhelming" ended his 14 months of legal dodging...

Author: /time Magazine | Title: National Affairs: Warder to Sing Sing | 1/19/1931 | See Source »

...taken. It will also provide, for those who saw the play last year, illustration of the differences between theatrical and cinema technique when each is properly handled. On the stage The Criminal Code was a parable. The misfortunes heaped on the protagonist?a boy who learns in prison how to be a criminal? were fashioned to provide a lesson. As a cinema, the realism of scenes in the prison itself?the cells, yard, jute-mill, dungeons ?pours life into the theatrical skeleton. Even the romance between Robert Graham and the warden's daughter (Constance Cummings) is not as absurd...

Author: /time Magazine | Title: Cinema: The New Pictures: Jan. 19, 1931 | 1/19/1931 | See Source »

...elect of Fairfield County, Conn, appointed Sportswriter William O'Connell McGeehan of the New York Herald Tribune to be an honorary deputy. To an interviewer from his own newspaper, Mr. McGeehan told how he had been a deputy before, when 13 convicts escaped 25 years ago from Folsom Prison in California and fled toward Nevada. Deputy McGeehan's posse started after them with bloodhounds and, after days and nights of travelling, passed close to a spot where three of the quarry were hiding. ''After the second day the country was so tough the bloodhounds gave...

Author: /time Magazine | Title: Animals: Animals, Jan. 5, 1931 | 1/5/1931 | See Source »

...Galliera, uncle of King Alfonso XIII of Spain, husband of the Infanta Eulalia of Spain, grandson of King Louis Philippe of France (last Bourbon to reign). Funloving, extravagant, he was once incarcerated by King Alfonso for giving 1,000-franc notes as tips. He once got out of prison by feigning insanity...

Author: /time Magazine | Title: Milestones, Jan. 5, 1931 | 1/5/1931 | See Source »

stamps. His past prison recon failed to impress investors so much as the fact that he had a great new home in Lexington, Mass, and slept in lavender pajamas. To Ponzi's creditors last week were mailed checks representing ½% of their claims. This payment, the last, made a total of 37½% paid since the first attempt were made to unravel Ponzi's wrecked web, destruction of which brought down several Boston trust companies. Charles Ponzi is now in Boston State Prison. In 1920 he was sent to a Federal penitentiary for using the mails to defraud...

Author: /time Magazine | Title: Business & Finance: Ponzi Payment | 1/5/1931 | See Source »

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