Former head of New York Stock Exchange before Senate Committee. Washington D.C. Richard Whitney; former President of the New York Stock Exchange, was the first witness as the Senate Committee investigating railroad financing reopened hearings today. After testifying of his buying activity in Alleghany Corporation stock, a Van Swerigan holding company, Whitney proposed adoption of a rule preventing exchange Governors from passing on listing of new stock in which they or their business firms have an underwriting interest. He defended past practices of exchange officials, including himself, of passing on acceptability for listing of issues in which they were persoanlly interested
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A man sitting at a desk talking on a phone.
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united states history
library of congress
Date
1900 - 1940
Contributors
Harris & Ewing, photographer
Location
Washington, District of Columbia, United States
,
38.90719, -77.03687
Source
Library of Congress
Link
Copyright info
No known restrictions on publication.