Monday, February 26, 2024

Today -100: February 26, 1924: Of rounded out holdings, Guv McCrayCray, and collectors

Attorney Gen. Harry Daugherty admits having bought some Sinclair shares after the Teapot Dome lease was signed, but not many and only to “round out” his holdings. As one does.

Indiana Gov. Warren McCray is indicted for violation of banking laws and using the mails to defraud.

Coolidge will not appoint a replacement for William Cohen, the black man whose nomination for controller of customs in New Orleans was rejected twice by the Senate due to the opposition of Louisiana’s Democratic senators. Instead Cohen will continue in the job until Congress recesses, then Coolidge will give him another recess appointment. Of course he can’t actually be paid, but he’s rich and hasn’t been paid for the job for the last 9 months.

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