Salt Lake Telegram | 1933-05-26 | Page 2 | Local News

ate te resolution under which the inquiry inquiry in in- Is being made He dwelt with particular emphasis on n the portion directing a complete Inquiry of banking practices After some of the tumult conten conten- ions by Glass had caused subsided he ie said HAVING A CIRCUS Were having a circus and all nIl we need now is peanuts and colored lem I want to say I was opposed to the Pecora compensation arrangement I did not think this committee or the senate enate should employ counsel at such sucha a salary I favored adequate com corn I 1 dont don't think the counsel counsels is s working for a month I think hes he's working for something else Costigan put in that I 1 appreciate the he efficiency of the counsel I think the he investigation to date has been relevant and material Members of the Morgan firm sat forward orward in their chairs to hear the exchange John W. W Davis Morgan counsel occasionally occasionally oc oc- oc smiled and Howard still Howard stil in n tho the chair chair quietly quietly smoked a Morgan only a few feet from I Fletcher smiled at both the Glassand Glass Glassand Glassand and Pecora statements