The producers news. [volume] (Plentywood, Mont.) 1918-1937, 1928-06-15
Continued from last week.
MR.. GEORGE T. WEBB

Continued from last week.
MR.. GEORGE T. WEBB
He was vice president of the Brotherhood Bank of
Cleveland. Also first vice president of the Empire
Trust Company of New York The latter company
joins with the Brotherhood Investment Co. in under
writing bond issues.
He his position, indirectly be sure, to Jack
Hastings.
Mr. Webb was large scale farmer small town
banker and general al-around promoter at Glendale,
North Dakota. He failed in the deflaton of 1920 N
Webb and Hastings are very close cOllaborators.
Webb it is hardly necessary relate, has had abso
lutely connections with the world of labor He
could not differentiate between a trade union and
wOnan's sewing circle.
So, upon Webb's failure as a Capitalist Farmer,
Banker and Financial Proomter Hastings took upon
himself to take of Mr. Geo. T. Webb This he did.
About the year 1920, upon the pull and influence of
Jack Hastings Webb appointed by the INDUS
TRIAL COMMISSION of North Dakota, NOnparti-
League creation, fiscal agent for the Bank of
North Dakota, state institution.
1t the duty of Mr.. Webb as fiscal agent of the
Bank of North Dakota to market the bonds of the
state bank in the Eastern market, in effort to
operating funds for the bank in question. He
tabshed offices at Chicago Cleveland and New York.
Mr. Webb, then, left for the East to accomplish his
work.
The trip to the East cost the people sixty thOus
and dollars am reliably informed. However, re-
suit of Mr. Webb's journey to the wise of the
East, he succeeded in selling himself to the late War
rem B. Stone on whose trail he camped daily He es-
tabished firm connections with the late brotherhood
chief and thus became empOye of the Brotherhood
Bank at Cleveland. 1t is exaggeration to say that
Mr.. Webb was the principal cog in the financial
chine of the railroad brotherhoods as shall amply
prove in this monograph Of course, none are so blind
as those who will not see so deaf those
who will not hear the Bible says.
MR. H A PADDOCK
Paddock is a lawyer He was genera-counsel for the
Brotherhood financial enterprises at Cleveland. Thru
Jack Hastings, Paddock became some pumpkin in the
politics and economics of North Dakota His record
in connection with the Nonpartisan League enterprises
is, to say the very least, very shady
One of the most sensational steals that the wreck
ing crew" engaged in, that of the Consumers
Stores Company 1t cost the farmers many millions.
About August, 1918 Paddock assumed charge of the
entire note and cash assets of the Consumers Stores
Company and also the business relations of these stores
with the Scandinavian American Bank of Fargo North
Dakota. Hastings the president of the Consumers
Stores Company, and the acting assoca of H. A. Pad
dock in the Scandinavian American Bank of Fargo
North Dakota. Hastings the president of the
Consumers Stores Company, and the acting associate
of H. A Paddock in the Scandinavian American Bank
Under his management and with his knowledge, h
Permitted Hastings to misapply funds and embezz
them. He also winked at false entries in the books
crimnay disspated and the stores thrown into bank
ruptcy.
Paddock covered up and protected both the transac
tiOns in the Consumers Stores Company and the Scan
dnavian-Amercan Bank, both of which institution
wrecked He did this as manager of the store
company, and legal advisor of both Institutions
in the teeth of protest of the former manager, VIII
resigned because of the black deals put the farm
All these facts matter of court record i
the state of North Dakota well in the report O
the Legislature the "wreckng crew."
In 1920, he was indicted, together with Jack Hast
ings, charge of wrecking the Scandnavian-Ame
lean Bank, he was the banks attorney The Statute
Limitations, however, saved them. He was also il
dcted for mafeasance of office as public officia
which indictment dismissed error and later on
lawed by the Statute of Limitations. This in
nection with his work the Industrial Commissio
its secretary.
Paddock attorney for, and active agent Of Il
following corporations, all of which vanished into tn
air. costing the stockholders millions of dollars:
U. S. Sissal Trust
Consumers United Store Company
Scandinavian American Bank of Fargo, N D.
AS a member of the exclusive, inner-circle of Il
'wrecing crew." Paddock had his finger in all Il
pie that was cut for deIectaton
In the early part of 1922, Mr.. Paddock and the sli
perry H. E. Merrick organized collection agency
the city of Minneapolis, Minnesota. The purpose
this fraud to collect the postdated checks that
Minnesota farmers had issued to the defunct Nonpar
League Their office was established at GA Pho
nix Building, Minneapolis, Minnesota.
In order for the reader to clearly understand,