The Archive · 1929

Menace of Big

OPERATORS — Senator's Resolution After Recent Crash

Ww ington, Dec. 18.

Senator William—H. King's resolution calling for a congre:- sional inquiry into alleged price manipulations on all American stock exchanges isto be considered by the banking committee early in January, it was learned to-day, Senator King declares that the] recent "crash market" was caused in largo part by the "big -operators" who brought prices downward to low levels and then wed" the market by purchasing' stocks at favourable prices—United Press.

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