Evening star., 1947-11-24
Meyers
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MEYERS
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charges might be found warranted
they added.
Mr.. Fay said grand jury would
be sitting today, tomorrow, We'd
nesday and probably Friday. A
Justice Department spokesman said
prosecuting authorities definitely
plan" to start proceedings this
week and probably will call some
witnesses This can be done, al
though all evidence may not be in
shape at this time, he added.
Trouble continued to pile up to-
day for the 52-year-old former
deputy chief of procurement for the
Air Forces. Some troubled moments
also seemed to be in prospect for
many others" as a result of a
promise by Senator Tobey, Repub-
lican. of New Hampshire, that the
Senate Banking and Currency Com
mittee planned thorough inVesti-
cation of speculative dealings in
Government bonds.
Banking Inquiry Delayed.
The investigation and hearings,
however, will not start until the
first of the year" Senator Tobey
said today. The committee is busy
with other matters at this time
Senator Tobey declared Gen.
Meyers was not the only one" who
during the war had the idea of
making huge profits by buying Gov
ernment bonds on margin Many
Observation-Disclosures. corporations and
even banks" profted by the device
which was a cinch" to make money
because the Government, in effect
guaranteed the bonds against a de-
cline
The millions of little people who
were patriotically buying bonds
would stand aghast if they knew
how the big boys were joy riding"
said Senator Tobey.
Gen. Meyers testified he and his
wife mace a 100000 paper profit by
acquiring $4,000,000 in Government
bonds. 1t was as a result of this
that the War Investigat-
ing Subcommittee requested the
banking and currency to look into
the entire problem of such specula-
ton.
Threatens SIander Suit.
Besides facing a possible court
martial as a former high-ranking
officer now getting s46l monthly
pension, Gen. Meyers also was
threatened today by a SANDER suit
because of his testimony concern
ing Mrs. Mildred Lamarre. Gen.
Meyers told the subcommittee last
week he set up Bleriot H. Lamarre
in business as president of the Avia-
ton Electric Corp. in Dayton, Ohio,
because Mrs. Lamarre had been his
girl friend"
"I have gone no farther than any
other wife goes in an effort to see
her husband get ahead with his
boss" Mrs. Lamarre said in copy
righted interview with the Dayton
Journal.
Both of us" she declared, went
out of our way to be nice to Meyers
but that Is all His statements are
all lies. A suit for slander seems
the only answer.
Mrs. Lamarre also denied testi-
mony by Gen. Meyers that she was
his secretary for several years be-
fore 1910 She said she did not be-
come acquainted with him until she
became his secretary at Wright
Field, Dayton, in April, 1910.
In New York last night, Gen.
Meyers reported that he would well
come a court trial or any other
forum" at which he could cross
examine witnesses. He asserted he
had been made the "scapegoat' at
the Senate subcommittee hearings.
1T is obvious that Howard
Hughes got too hot for them to
handle and they had to find a
scapegoat to save their faces" he
declared.
Referring to the testimony against
him last Saturday by Gen. H. H.
Arnold, retired Army Air Forces
commander, Gen. Meyers COM
mented:
"I have no hostility toward him. I
can understand Gen Arnold's state
ment, in view of the prejudice that
has been developed by this commit
tee. feel that if he knew the whole
truth, he would not have made those
remarks about me. FalSifications of
the committee caused him to say
those things. If Gen. Arnold's state
ment serves in any way to further
the national defense of this country,
I have no malice about it."
Gen. Arnold, final witness at the
subcommittee hearings, denounced
Gen. Meyers as a rotten apple in
our barrel" and as disgrace to his
uniform and his rank" The former
Air Forces chief also fatty denied
Meyers testimony that they had
discussed Meyers dealings in air
craft company stocks and that he
had told Gen. Meyers to use his own
Judgment about disposing OF such
holdings.