The front page leads with a dramatic conspiracy trial unfolding in New York, where former U.S. Attorney General Harry M. Daugherty and former alien property custodian Thomas W. Miller face charges together — but their lawyers are now turning on each other in court. Max D. Steuer, Daugherty's attorney, objected furiously when Miller's lawyer opened the door to damaging evidence about Swiss Metal Securities Company correspondence. The case centers on allegations that German financier Richard Merton paid $441,000 in commissions to secure the return of $7 million in seized American Metal Company assets. Meanwhile, closer to home, postal authorities believe they've foiled a major mail robbery plot with the arrest of William Donlan, who allegedly trailed registered mail trucks carrying valuable securities from Union Station to the Federal Building. Inspector Harvey Patton reported being followed Saturday morning, and another driver spotted the same suspicious sedan Monday night.
These stories capture America grappling with the aftermath of World War I corruption scandals while experiencing the growing pains of the Roaring Twenties economy. The Daugherty case represents the Teapot Dome era's legacy of government corruption, as Warren G. Harding's former Attorney General faces the music for alleged wartime profiteering schemes. The foiled mail robbery reflects the massive movement of money and securities through a booming economy — enough valuable cargo moving through Indianapolis to make it worth an elaborate surveillance operation. This was an era when cash and bearer bonds moved physically through the mail system, making mail trucks tempting targets for sophisticated criminals.
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