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Publication: European Stars and Stripes Monday, October 12, 1964

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   European Stars and Stripes (Newspaper) - October 12, 1964, Darmstadt, Hesse                                Monday october 12. 1964 the staks and stripes Pagi 3 Estes was never really solvent a Robers find by Hoy m Ali i Washington up Millie sol 1-, Steps had Piinuu natural Talent Ami persuasive no oilily i become n  Swu Willei i. Where. Ali Iii hip in he mull Millann Dollar fraudulent schemes nun employees Bankers in act Imin officials ii jul agencies Iii us Husi Neis associates. My. Null Meigh hip Penis Tex Wheeler und dealer win investigated in Ulm Ohl unbelievable number at times or 10 Yourshis fun Hufnus inn Dike term uni financial nip lip continued to expand. Them we aiming principal conclusions in 11 voluminous re port Juit released by � Ollous subcommittee which invest Llu cd Estes. The arrest of Hll Lle sol Sleson March 29. Ism mid the result Mil collapse fins West trim agricultural und financial Empire terminated u fantastic Mulini Lollon. Louir swindling operation the  Mill. These operation included direct Contra of m different link a counts and ownership Anil control or significant interest in 6.1 business enterprises. The sul committee suld it Cost 1100. 000 to have an accounting firm turn so & Trust compile a list in of his tinsel and Liuchi lilies. In a 438-Piigc summary of its Ufa year investigation. Hip Sib c m m 1 1 1 c e conceal Raspil Unk stes Grain so rugs and Leril i or Lank operations. And. Ai though ill department no Agri culture was involved i. Most of these one Way or another. Chair Man Willlim i. Dawson Del if the government operation committee said Thi govern no a has sustained no hisses in Grain or Money because of  Grain  but he continued Iier Sonand Corini rations which Hud i  or indirectly Linan cd  of warehouses Anil  activities l y Kulps have suffered losses running into die but Don t forget this theory memory9 p Washington Nan a Thero Are probably molecules of memory. This thesis is advanced in the psychiatric reporter issued by the Smith. Kline & French Laboratory of Philadelphia. The phenomenon of nip Nury. It ,.-. Explained remains u Puzzle to psychologists after Many years of study and Experiment. A Eccl sex per men. However up be winning to throw some Light. Nationwide research is sup ported by the National institutes of health and the office of Navall research. Ills still a loan  re Perl men 1 i i Mirt cd it hip i Lvi Tilty of Mich Yeuit. For cd Jonii l 1.  with . They were Luu glm to re Spond to u Blu it like. Those firms till Fiihr other. Those who Luicle Gimli Tynni in ii in Winum were fed  Ormi. Taif Lul Lorli irined Lite   it i n Hilf tin time mini my by 1 lie worm they had  Ali Iii like memory a a urgently had Hern   have open Many other in Peri men. S ii Ujj ii name Lin with various results. It in still Suys the report. A Mailer of Bluesky hath Tili tinn hut u now is millions of  the report minis a pit hire of totes Iii med by the unit chamber of Untim a in 1933 us i of its wiil us Elhiu Miusiu men i the Glassir can Man. He tooled before his arrest. Bill if folks to s Wax widely regarded us a Man o. Mui in it Milf Ink  pamphlets Puhl shed by a tics him i of. Suzue Slid in u my Way off ii Sallile. Says the re it to in i Ion a Pill composed of Mem Ory  that would actually transmit specific information to Ilie person who receive Dit. Sume  foresee Amil  Dikiy when a com Iki und is discovered which will prevent deleterious changes in ii rain cells. Prest Mahly such Aumi hound would definitely improve memory and slow Duwa Urh Elp reverse the nip Nial chaises whirl accompany Ukini. Discovery of the memory mule Calp would Herald an extraordinary Advance in medical  a Orlist manner that Estes Wasa multimillionaire a business Genius a civic and religious Leader a Friend of those in he a places and a Benefactor of Thund t revile  there were Elm Only Oli ruin in ii. The legendary sue Cess Sunry of Billle sol Sites  world now knows wines sell ally  re irl said Isles was not can Larry to what hit lawyer claimed at his trial a million Aire who made a  never was Worth a Mil lion dollars or anything close tit. In All probability he Wai in solvent from the Day he arrive Din Pecus in 1 5 until the Day he was arrested in 1913. The fraudulent tank transaction i Roukh  Esles obtained million from some of the country s most sophisticated moneylenders were Only lne of Many unethical or fraudulent devices by which stes obtained Money or credit for More than 10 years the re port said. That s How Estes built his Empire. How did he maintain it Here s the subcommittee s conclusion Billle sol Eslos fraudulent operations were disclosed not once but several times beginning years before his or Cit. Many Minneapolis a the Minneapolis Tribune has in Dorsee the democratic presiden tial ticket of Lyndon b. Johnson and sen. Hubert ii.  was the first  i More than three decades l i in in newspaper und Cache of pure heroin and morphine him discovered in the secret Laboratory i suburban a Baune was believed destined for t a. Und Canadia markets. Five men were arrested in theraid. The discovery of the secret Laboratory at a haunt is going to deprive american addicts of their drug Supply. Traffickers will have no More her Iii sentry boat to . And Canadian ports. It is a Reilly a big  . Federal narcotics agent Michael Pic Clyl. I Eccl no worked Ullh Marseille police in the year Long investigation. Congressman / to incredible Washington up Hep. Vernon w. Thomson. A wis. Has charged that the United slate was paying for an incredible foreign Aid project in Iri eco. Thomson a member of icehouse foreign a Faith commit tee said the project helping the greeks Liu ild u Market in Athens has been marked by these developments in Cost has shot up to 17million, More Hun double orig Inal estimates. It has taken seven years to build and still is nut open. The differ we regard  John Iol dealer s views As  by  the editorial said Tinl Dwater. Hip Republican presidential Nom Inee seems in be obsessed with the idea of threatening the us of nuclear weapons us an Insani trend of foreign in Llcy. And he has  Timlic Alcil Tiit he is opposed to the very idea Ulen existence with the  Gen Macarol valued at of n011foi.k, Vul. Aim the personal i Lule of Ieni  Amii unt does not include joint ownership stocks bunds und securities or insurance Puy Nolc in lion cd ii  inventory a my appraisal filed in the clerk s no dip of nor Folk corporation i curl shows Mill Arthur s personal is Lille Inin Wurth s2.i31.i41.xi. Muc Arlhur died april ii Anil was burled in the Macarthur me Morial in Norfolk april  will was Panli buted in Cor a Trulin court june 1 Anil four Man commission was appointed by the court to  appraise the in retinal estate. Tile Hulk of the estate was i hands and up Curlly a. The Large single Bond holding was il7s. No Issaih . Aid greek project plans called for it to be completed in three years. Overpayment were made Loheit architect but . Aid officials did t know whether  even bothered to ask fur u  a very Imi Untung greek official was working on Hie project fur the Durcek government also was acting us contractor on some of the  ills protests have resulted i investigations by the Olulo department the general account ing office and the Aiu Agency s inspector general. Iol dealer has Dpi Iosco every National tensions and reduce the danger of War. The newspaper  Salil cold Wailer s running mule. Ilc i. Willium Miller is mediocre Toimi Assn Iii Wlmes chid Talent seems Luik fur Polit ical  Humphrey is an Lilc energetic experienced and intelligent Ninnin Intine for or.  Tribune declared. Hit s estate or $2 million in to  Angeles Micro Mihan Trust Fiill Orlly with an accrued ill Lerell of k74. The general also Hochl a is Tihle amount in bund tin the Chesapeake Bay Bridge Tun net. These amounted in is 14, 712. In. With an accrued interest ofsi.5.48. Mac Arthur s largest  wok in in Rul my tors or i. He had 2.205 share inf common Slock at a value of smn.2oii.7j. He also had 1.9u i shares  Slock in Sperry Ituna corp. At u value of 114.7." 4.mucarlhur and his Wile had s13,11�.h in joint accounts in the first Nai annul ally hunk of new York und stale National bunk . Conn. Mrs. Macart Hiir was named Sale heir in the general s will with provisions made for his san Arthur. Tile inventory showed that Mill Arthur Hud congressional medal of Honor stipends Date March 9. 186-1. And april 3. 1m4. Payable to himself and jigs wife in amounts of Slot each. Driver s Little push takes car 200 feet  a in  a Aseugene Tufel drove up a sleep Hill on Mulhau Lunil la rate Hiscar stalled and a ii Len t Viart , a Gol Mil to Gate ii a Little  Little push  the car tier he curb ii plummeted through 200 feel of dense Brash to the Bottom of the Hill. He flip so of Cirios in Moi tar film actress Allula our 22-year-old former miss Israel carries orchids after her marriage in Jinil in in by Schulman. 37,director of t Jedurs of Lebanon Hus Ellul in Hollywood. A Johnson no Iii a Southern educator Job Lork chief Johnston City the. Map president Johnm unpainted a Southern educator to direct the Job corps. The major youth pro Gram in the warn poverty. Named to the Wal was or. Otis a. Singletery. 41-year-old Chan cellar of the i Niu Tsily of North Carolina at . The Jub corps will provide. Basic education work und ruining for Tutu ii list a und Wuhu a almut40.diii will in enrolled the f 1 r s i year und 10u.iioii in the Secund. Enrollees will lie elected fro the ranks no Chmil dry Kiwi. Hose unable in find Sah Spactor Yjuba and  Villi   at Reading and arithmetic. Single airy a Eulive of Fiill Giorl miss has been at Pircen Siloro As Chancellor slave 181. He earned advanced degrees and taught at  stole i in Versley an later was assistant to the presi Dent of the University of  Well As As Simont Dean of its College of arts und sciences. I people knew he was engaging in unethical business practices. A substantial number of firms or individuals knew or had reason in believe that Esles  aged in fraudulent transactions Long before he was arrested. Flew of them even knew or should have suspected that hews insolvent. An almost unbelievable num Ber of inquiries and investigations into various phases of Isles  were conducted before his arrest by agencies of the Federal government begin Ning it least As Early As 1953.while these events were going on. Billle sol Estes Emnor continued to expand. Substantial sums some of the firms or incl \ ideals Whu knew or Hud Rea son to believe that Billle sol a secs was engaging in fraudulent  were owed sub Stantial sums of Money by  they discovered evidence of possible or probable fraud they bad two choices. They could report the evidence to the proper authorities running the risk of throwing him into both jail and bankruptcy. On the of her hand they could remain silent and continue to receive full or partial payment on Esles indebtedness. The subcommittee is not were of any instance in which a creditor of Estes who had Rea min to suspect his honesty re ported such suspicions to appropriate authorities Lor the Pur pose of having him , the report continued knew about Esles frauds but were benefiting from item. Some employees of private firms who suspected Isles were placed on his payroll. Their reasons forgot informing authorities arc obvious the subcommittee  re Kirl also noted that the Federal Bureau of investigation investigated Isles fertilizer tank operations on information supplied by or. John Dunn of Pecos. Results were present Edlu in assistant . Attorney it  past who decided there was i apparent violation i the fed eral banking Laws. T Iii Iliili j4 of Surovi in it wu7.c in Kluhn a bauti.usv1i.i.e. Okla. A four buildings were destroyed by fire in downtown  were no injuries. Destroyed were dinners drug store and apartments above it a cafe u news stand and the Phil lips Petroleum co. Credit office  
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