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Editorial Paragraphs.

Source :
Nation; 7/4/1928, Vol. 127 Issue 3287, p1-3, 3p
Publication Year :
1928

Abstract

The article discusses American judicial system. The Julian trial in Los Angeles has ended. Its result reveals once more that the American judicial system, when faced with the wealthy and, therefore, influential citizens of the community, often refuses to function. It was over a year ago that the Julian Petroleum Corporation crashed, and 40,000 Southern Californians, most of them of exceedingly moderate means, found that they had been swindled out of from twenty to forty millions of dollars. They had been induced to buy approximately 5,000,000 worthless shares of oil stock which were issued without permission from the State corporation commissioner.

Details

Language :
English
ISSN :
00278378
Volume :
127
Issue :
3287
Database :
Complementary Index
Journal :
Nation
Publication Type :
Periodical
Accession number :
13594160