Salt Lake Telegram | 1933-06-10 | Page 4 | Informer in Million Tax Suits Will Get Fortune If He Wins

Informer Informer in Million Tax Suits j Will Get Fortune if He Win Wini By RODNEY DUTCHER WASHINGTON June David 10 David 10 David A. A Olson a man of ot moderate means who has instigated federal tax investigatIons investigations investigations and has filed personal tax suits involving Andrew W. W Mellon and others others oth oth- oth- oth ers may be a multimillionaire himself himself him him- self seIt before he gets through Olson has filed his suits as a citizen and taxpayer under the informers clause of the tax act which means that he will be paid 50 per cent of whatever sums the government may my recover as s a result of them He used to be an income tax expert expert ex ex- pert for a big public accounting firm firmand firmand firmand and more recently worked for the senate banking committee in its tock stock market investigation investigation-a a job from which he resigned when the committee commit commit- tee wouldn't investigate his tax fraud allegations I The largest Olson suit is for twice twice the back taxes and refunds which Olson says would be In the treasury If It Mellon and other officials had applied applied applied ap ap- ap- ap plied the law against certain steamship steamship steamship steam steam- ship interests This suit is filed against Mellon former Commissioner of Internal Revenue David Blair former fanner Assistant Assistant Assistant Assist Assist- ant Secretary of the Treasury Ogden Mills former Assistant Secretary Arthur Arthur Arthur Ar Ar- thur Ballantine and former Chief Counsel A. A W. W Gregg of the internal revenue bureau TAX EV EVASION ASI N CHARGED Other suits allege that Mellon Menon sold shares of stock to show a loss o of for income tax purposes only to buy them back 31 days later and that officials of the Mellon Gulf Oil company were allowed nearly 1 1 in fraudulent nt deductions against tax for which Olson demands demands a judgment of He also hi hia hi hia a suit against W. W WL L. L Mellon for taxi from 1927 to 1931 The dep department of justice and ti th Internal revenue bureau are Invest gating Olsons Olson's charges Olsons Olson's a It at attorney torney is Charles A. A Russell lathe fame solicitor for the federal power co comission commission con com mission who was fired when h he b be became became came too toward th tb power trust LOWENTHAL BUSY Sj Another former rebel In gover ment service reenters the Washingto picture in hi Max Lowenthal New Yen lawyer and bankruptcy expert wh was secretary of the commission until he resigned trOD free that body in protest and disgust Lowenthal has just had The Investor Pays a book how big bankers have precipitate receiverships and picked the final fOO cial carcasses of investors and it ia w with Lowenthal's information th thi Senator Couzens Couzen primed himself fr to Ia searching questions as to ships during the investigation of U th Lb house of Morgan WOODIN SUCCESSOR l The one person you hear of as tt lb likely successor to Secretary of tt lb Treasury William H. H Wo Woodin din wt wh isn't expected to stay here very Ion long of at the Budget Lewis Tf W Douglas 1 Roosevelt admires and likes Douglas Doug las and in addition to placing him i iT fr command of federal reorganizatIon has had him in on most of the oth oth-eJ oth important administration measures- measures most lately the industrial control plan pla Theres There's a story that Woodin wrote wrol wrt out his hi resignation some weeks week as asas ag as a a protest ag against inflation and thi thia taj thai thaia a New York newspaper has a phot static copy of the document