Admits fraud to Senate committee. Washington, , May 13. Kenneth D. Sture, chairman of the board of the Chicago and Eastern Illinois Railroad, conceded before the Senate Railroad Financing today there was fraud in connection with a 1932 RFC loan to his road. The loan in question was made in March 1932, and totaled approximately $3,600,000. The alleged fraud was in the road's application when it stated it had exhausted unsuccessfully all sources for borrowing privately

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