Salt Lake Telegram | 1933-10-25 | Page 2 | Wiggin Drops Huge Pension

WIGGIN DROPS E HUGE PENSION Former Chase Bank Head T Gives Cives Up Retirement J I jp Salary z ft itt B Press WASHINGTON Oct 25 Albert 25 Albert H. H Wi WiggIn today gave up his year pension as former head of at the chase bank as senate investigation ft loans oais under his dirc direction brought put out hints of graft in carrying carrying- out Cuban fici financed 1 ed b by th the organization Bank Bank officials were unable today io prove Statements statement ts made nde in their 3 inviting American hives hives- tors to purchase Cuban securities A bank vice president testified that no investigation was made by the bank to determine whether public conStruction construction con con- paid for tor actually had been performed Announcement of Wiggins Wiggin's 4 ci Uon of ot the re retirement ment pay y crime unexpectedly as the tion rec recessed for lor lunch Another development de of the morning morn ThE ing was the showing howing b by Ferdinand Pecora committee counsel that the Chase National had planned to pass along to the American investing pub pub- Itc lk a debt owed to the Bank of Cuba The bank off said however hoV how ever that the tho deal was not put cut through ug Pecora l read reada letter into the record written by the late Robert I. I Barr then Chase vice president to Henry Catlin Chase representative in Hav Ha- Ha v vani