The Washington times., 1921-10-14
Wholley's Credulity
Abused, Says Given;
Former Also Talks

Harvey Given, attorney for the
United States Discount Corporation.
and Francis X. Wholley, director Of
the Better Business Bureau, today Is
sued statements bearing on the testi-
mony Of the latter before a subcom.
mittee of the House which is consid-
ering a "blue sky" law for Washing
ton.
Wholley. at the insistence of men,
bers of the committee, mentioned the
names Of Robert Watson, director Of
and "a Mr.. Reed" treasurer of that
corporation. as being connected with
the discount corporation.
Watson yesterday branded as false
the statement that he was in any way
connected with the discount corpora
ton He also denied that Reed had
any connection with the company.
Given today said that Mr.. Who'll
ley's credulity has been abused"
Denies Watson Connection.
Neither Robert Watson. director OF
the Housing Corporation, nor Mr..
Reed, nor ANY other Government
officials are officers and directors OF
the United States Discount Corpora.
tion," says Given. Its officers are
Judge NJ. s. Rausch. president; Judge
Carl Runge, treasurer, and Hon. vii.
liam J. Riley, secretary, all of Mil.
waukee, who, with Hon. Frank A.
Johnson and DR.. c. A. Van Altena, of
Black River Falls, Wis, constitute the
board OF directors.
Judge Rausch has been claim agent
for the Milwaukee Railway Company
for over thirty years; Judge Runge
Is now and has been presiding over
fhn civil nf Miluya n
for many years; Mr.. Riley is now and
has been city attorney Of Milwaukee
for the past years; Judge johnson
is probate Judge of his county and
president of the First National Bank
while DIR. Van Athena Is a prominent
and highly.respected physician ir
active practice. All of these gentle
men are men OF the highest character
standing and reputation.
About eight months ago a concern
known as the Corporation Holding
Company, which had opened offices ir
Washington, began selling stock ir
| the District, and in their sales cam
paign had employed some stock sales
men who are alleged to nave made
certain Misrepresentation. AS soor
as the matter was brought to the at
tention of the officers of the United
States Discount Corporation the Cor
poration Holding Company was in
structeG to Immediately discharge
these statesmen and discontinue such
practices which resulted In the cancel
lation of the contract between the
United States Discount Corporation
and the Corporation Holding Com
pany, it's fiscal agent, and the sever
ance Of all relations.
mo such commission, as alleged by
Mr.. Wholley was paid to the Corpora
tion Holding Company, it's statesmen
or anyone else for selling stock. None
Of the United States Discount Corpo
ration stock is being offered for sale
in the District of Columbia, or else
where, at this time. The officers OF
the United States Discount Corpora
ton feel that a great injustice has
been done them and its stockholders
and they maintain that the company
is engaged in the legitimate business
of financing automobile purchases and
operating successfully and that any
criticism, II any, must be directed
against it's fiscal agents, the Corpora
ton Holding Company. which ha:
since passed out of existence"
1.-THE emphatic .denials and state
| ments OF falsehood, as sent to ths
newspapers by Robert Watson, dire
tor the United States Housing Cor
poration. in which he declared he ws'
'bristling with Indignation would be