The maximum penalty of U.S.$5,000 fine and five years imprisonment applies to each violation of the law, Mr-Kent revealed, presumably implying that each sale of a single bond could be punished.
It was learned that Mr. Kent had subpoenaed at leas; six persons and held a hearing here yesterday. The hearings were being continued today.
Mr. Kent told the press that so far as he knew no official agencies had Offered bonds, which he supposed were distributed by Japanese societies and others. He said that no further disclosures would be made until a complaint had been issued. He strongly indicated, however, that such a complaint would be forthcoming provided the evidence obtained in the present hearings justified such action.
Meanwhile other sources indicated that large sums of money had been flowing to Japan from Hawaii during recent months. Most such sums were believed to represent patriotic donations to the War Ministry. However, some were undoubtedly believed to cover the purchase of unregistered tonds.—United Press with which the fire spread and involved the whole of the building, they were fortunate to have escaped uninjured.
Text read from the printed page and cleaned; old type leaves the occasional error.