9552. Dillworth state bank (Dilworth, MN)

Bank Information

Episode Type
Suspension → Closure
Bank Type
state
Start Date
January 1, 1928*
Location
Dilworth, Minnesota (46.877, -96.703)

Metadata

Model
gpt-5-mini
Short Digest
bf634099

Response Measures

None

Description

Multiple articles state that there was a run on the Moorhead (Moorehead/Moorhead OCR variants) National Bank in 1928, and that Lamb closed Moorhead to protect depositors; the closing of the Moorhead bank caused the Dillworth bank to close. OCR variation: Moorhead/Moorehead and Dillworth/Dillworth appear in texts; the event applies to the Dillworth (Dilworth) state bank in Dilworth, MN. No article describes a separate run on Dillworth itself — it closed following the correspondent/local-bank failure — and it remained closed (per wording caused the Dillworth bank to close).

Events (1)

1. January 1, 1928* Suspension
Cause
Local Banks
Cause Details
Run on the nearby Moorhead (Moorehead) National Bank in 1928; Moorhead's closure precipitated the Dillworth state bank's closure.
Newspaper Excerpt
There was a run on the Moorhead bank in 1928 and Lamb closed it to protect depositors. Closing of the Moorhead bank caused the Dillworth bank to close and Lamb says he lost $70,000.
Source
newspapers

Newspaper Articles (10)

Article from The Austin Daily Herald, April 19, 1933

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Andresen, Republican in 1930. About that time in his Organized Farmer," paper, he was campaign against bankers who trusts and unloaded worthless stocks on beneficiaries. He especially attacked one banker who, after being compelled to make good that sort of case, wrote him mean letter. Shoemaker wrote back, addressing the envelope to Robber of Widows and Orphans." Shoemaker he had referred says tool of the sentenced him. He had the choice of year day at Leavenworth or five years of probation. He chose the former. So Shoemaker and Lamb met on the train. Shoemaker landed in the chaplain's office and Lamb became clerk, Lamb took down the life histories of thousands of Shoeprisoners. maker studied the cases and recommended the prison. NUMBER ON CAR Today Shoemaker has his prison numberthe tags of his automobile. He went back to Minnesota, obtained the nomination against Andresen last year, and was elected. Lamb had been president the Dillworth state bank and director of the large Moorhead National bank in community nearby. There was run on the Moorhead bank 1928 and Lamb closed it to protect depositors. Closing of the Moorhead bank caused the Dill worth bank to close and Lamb he lost says But he was left holding the bag for about $4500 which had been left an inside deal involving the use of some school warrants. Lamb paid off the $4500 at once and though was settled, but few days before the statute of limitations ran out he was arrested result of what he calls "political spite After leaving Leavenworth he returned to Minnesota and he helped Shoemaker in the 1932 campaign. SHARE PROGRESSIVE Lamb shares Shoemaker's progressive views and takes an eager interest in the national banking situation. Shoemaker is an inflationist and favors government bonds and paying them off with new which he would eliminate currency, says an interest charge of about billion dollars and force present holders to year securities to billion in taxes, year He is amused by the House beer bill which barred ex-convicts from selling beer. "First they voted by huge majority to let me sit in Congress." he says, then they passed prohibiting me from tending bar running saloon." More than 2000 panaceas for the slump have been received by Labor Secretary Perkins from amateur contrivers. Thus creasing consumption paper, ink, postage stamps and helping to relieve the slump. House of Commons passes bill that fresh drinking water must be available wherever meals are served. Better pass an amendment that must be labeled, Englishmen know what Nobody need he surprised at the way dent Roosevelt threw out the first ball to open the season at Washington. We've known ever since March that he had plenty of speed. Century of Progress fair at Chicago is to be opened by beam of light from Arcturus, 240 trillion miles Good away Japan might open her next war with ray from Shopper loses $100,000 pearl necklace while shopping on Fifth Avenue. Probably won't be necessary to search the aisles the stores. The Italian who invented the post card has just gone to his reward. While we hope he having fine time, are glad not are there.


Article from Pawhuska Journal-Capital, April 19, 1933

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Once Cell-Mates, These Two Have U. S. Office Together, Congressman and Secretary By Rodney Dutcher NEA Service Writer WASHINGTON Convict No. 38163 and Convict No. 38155 were cellmates at the Leavenworth penitentiary. They still "cellmates" in the office building of the House of Representatives. Convict No. 38163 has become Congressman Francis H. Shoemaker of Minnesota. Convict No. 38155 is the man chose as his secretary after election-Owen M. Lamb, who used to be a bank president. They met two years ago on the train carrying them to prison maker after conviction for sending "scurrilous matter" through the mail and Lamb for violation of the banking laws. Shoemaker is one of the four new Farmer-Labor congressmen elected in Minnesota last November. His case is still before an elections committee on the contention that his conviction took away his citizenship, but the house in March voted 230 to 75 to allow him to take his seat. Neither Is Ashamed A gray-haired, medium height, brown haired man he is, always anxious to fight for the farmers and wage earners. Lamb is a heavy-set, white haired plain spoken man of 44. Like Shoemaker, he doesn't mind admitting that he is an ex-convict. But he does want it known that he was sentenced only for a "technical" violation and that depositors in his bank have been paid off 75 per cent, a pretty good rate for busted banks. "Ability," says Shoemaker asked why he selected a fellow-convict to handle his office in Washington. "There's a fine man. He is a humanitarian. He spent 7 months in France driving an ambulance at the front. He used to be a chemist until his family left him a bank. He's a graduate of the University of North Dakota. "He is well posted in economics and knows all about banking problems. He has the confidence of the people of his community. They know he's honest and so do I." Tangled With Banker Shoemaker, a radical editor and a promoter of municipal power plants fought the Republican machine in Minnesota for years. He campaigned against Congressman August H. Andresen, Republican in 1930. About that time in his paper, "The Organized Farmer", he was waging campaign against bankers who held trusts and unloaded worthless stocks on beneficiaries. He especially attacked one banker who, after being compelled to make good in that sort of a case, wrote him a mean letter. Shoemaker wrote back, addressing the envelope to Robber of Widows and Orphans." A judge whom Shoemaker says he had referred to as "a tool of the power trust" sentenced him. He had the choice of a year and a day at Leavenworth or five years of probation, He chose the former. So Shoemaker and Lamb met on the train. Shoemaker landed in the chaplain's office and Lamb became a clerk. Lamb took down the life histories of thousands of prisoners. Shoemaker studied the cases and recommended placements within the prison. Prison Number on Car Today Shoemaker has his prison number-38163-on the tags of h automobile. He went back to Minnesota, obtained the Farmer-Labor nomination against Andresen last year, and was elected. Lamb had been president of the Dillworth state bank and a director of the larger Moorehead National bank in a community nearby. There was a run on the Moorehead bank in 1928 and Lamb closed it to protect depositors. Closing of the Moorehead bank caused the Dillworth bank to close and Lamb says he lost $70,000. But he was left holding the bag for about $4500 which had been left improperly uncovered by an inside deal involving the use of some school warrants. Lamb paid off the $4500 at once and thought it was settled, but a few days before the statute of limitations ran out he was arrested as a result of what he calls spite work." After leaving Leavenworth he returned to Minnesota and he helped Shoemaker in the 1932 campaign. Share Progressive Views shares Shoemaker's progresviews and takes an eager interest in the national banking situation. Shoemaker is an inflationist and favors calling in government bonds and paying them off with new currency, which he says would eliminate an interest charge of about a billion dollars a year and force present holders of tax-exempt securities to pay a billion a year in taxes. He is amused by the House beer bill which barred ex-convicts from selling beer. "First they voted by a huge majority to let me sit in congress," he says, "and then they passed a law prohibiting me from tending bar or running saloon." Anyone failing to receive their Journal-Capital by 7:15 is urgently requested to call this office, 138, before 7:30, as carrier boy leaves at that time. 25-20t


Article from The Dothan Eagle, April 20, 1933

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In Washington BY RODNEY DUTCHER NEA Writer No. 38163 and Convict No. 38155 were cellmates at the Leavenworth penitentiary. They are still "cellmates"-In the office building of the House of Representatives. Convict No. 38163 has become Congressman Francis H. Shoemaker of Minnesota. Convict No. 38155 is the man he chose as his secretary after election-Owen M. Lamb, who used to be a bank president. They met two years ago on the train carrying them to prisonShoemaker after conviction for sending "scurrilous matter" through the mail, and Lamb for violation of the banking laws Shoemaker is one of the four new Farmer-Labor congressmen elected in Minnesota last November. His case is still before an elections committee on the contention that his conviction took away his citizenship. but the House in March voted 230 to 75 to allow him to take his seat. A gray-eyed, medium height. brown-haired man he is. always anxious to fight for the farmers and wage earners. Lamb is a heavy-set, whitehaired plain-spoken man of 44. Like Shoemaker, he doesn't mind admitting that he is an ex-convict. But he does want It known that he was sentenced only for "technical" violation and that depositors in his bank have been paid off 75 per cent, pretty good rate for busted banks. "Ability," says Shoemaker when asked why he selected a fellowconvict to handle his office in Washington. "There's a fine man. He is a humanitarian. He spent seven months in France driving an ambulance at the front. He used to be a chemist until his family left him a bank. He's graduate of the University of North Dakota. "He is well-posted on economics and knows all about banking problems. He has the confidence of the people of his community. They know he's honest and so do I." Shoemaker, a radical editor and a promoter of municipal power plants, fought the Republican ma chine in Minnesota for years. He campaigned against Congress man August H. Andresen, Republican in 1930. About that time in his paper. "The Organized Farmer," he was waging campaign against bankers who held trusts and un loaded worthless stocks on beneficlaries. He especially attacked one banker who. after being compelled to make good in that sort of case, wrote him a mean letter. Shoemaker wrote back. addressing the envelope to Robber of Widows and Orphans." A judge whom Shoemaker says he had referred to as "a tool of the power trust." sentenced him. He had the choice of year and a day at Leavenworth or five years of probation. He chose the former. So Shoemaker and Lamb met on the train. Shoemaker landed in the chaplain's office and Lamb became clerk Lamb took down the life histories of thousands of prisoners. Shoemaker studied the cases and recommended placements within the prison. Today Shoemaker has his prison number- the tags of his automobile. He went back to Minnesota, obtained the Farmer-Labor nomination against Andresen last year, and was elected. Lamb had been president of the Dillworth state bank and a director of the larger Moorehead National bank in a community nearby. There was run on the Moorehead bank in 1928 and Lamb closed it to protect depositors. Closing of the Moorehead bank caused the Dillworth bank to close and Lamb says he lost $70,000. But he was left holding the bag for about $4500 which had been left improperly uncovered by an inside deal involving the use of some school warrants. Lamb paid off the $4500 at once and thought It was settled, but few days before the statute of limitations ran out he was arrested as a result of what he calls "political spite work."


Article from The Herald-Journal, April 21, 1933

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HILL BILLY RURAL PROGRAM It is simple advise that the town jobless return to the little hill deserted farms and feed themselves; but even though these townsmen knew farming and gar dening and livestock and chickens and cows, yet there would remain the matter of tools and horsepower and cash for seed and fertilizer Starving is more cheerful in the hills than it is in town. Once a fellow gets equipped with tools and horse, has pasture and his hay crop and his grain crop and his garden going then family can get by with little cash, or even with none at all BUT you can't farm with a busted hoe and a fond hope. If all this money wasted on unemployment relief had been used wisely there would be hundreds of thousands of folks self-supporting in this country right now can see how the hook-up could be made so could any other farmer. Take a deserted 160-acre farm: equip it with the minimum of tools, implements, a good team, wagon, some axes and garden tools, few saws, few cows, few brood sows, couple hundred chickens On this 160 acres put 16 families, each in its small shack center the stock in one barn: divide the work accord ing to the abilities of the men and women; grow garden for 16 families, not 16 gardens for 16 families This way you have an abundance of manpower you have adequate equipment but no duplication you intensively farm every inch of the place and nobody kills himself working. Such plan requires one good exeperienced foreman and bit of co-operation; the loafers would have to be weeded out pronto, and they would be: but instead of 16 half-starved families robbing 16 little patches of marginal land there would be real farm, and food for 16 families A hundred families on 1000 acres would be better, but in units of a quarter section, centralized, directed labor, your unemployment relief hundreds of millions of dollars would have got us out of the mess three years back A single family on single scrub farm is inhumanity: but a dozen families pulling together, even on different farms, can get by, and also have some congenial social life. bation. He chose the former So Shoemaker and Lamb met on the train. Shoemaker landed in the chaplain's office and Lamb became clerk Lamb took down the life histories of thousands of prisoners. Shoemaker studied the cases and recommended place. ments within the prison. Today Shoemaker has his prison 38163 on the tags of his automobile He weat back to Minnesota, obtained the Farmer Labor nomination against Andresen last year, and was elected Lamb had been president of the Dillworth state bank and a director of the larger Moorehead National bank in a community nearby. There was a run on the Moorehead bank in 1928 and Lamb closed it to protect depositors. Closing of the Moorehead bank caused the Dillworth bank to close and Lamb says he lost $70.000 But he was left holding the bag for about $4500 which had been left improperly uncovered by an inside deal involving the use of some school warrants. Lamb paid off the $4500 at once and thought it was settled but a few days be fore the statute of limitations ran out he was arrested as result of what he calls "political spite work."


Article from The Ada Evening News, April 23, 1933

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BEHIND THE SCENES IN Service Writer 38163 and Convict No. were cellmates at the worth penitentiary. They are the office building of the House of Conviet No. 38163 has become Congressman Francis H. Shoemaker of Minnesota, Convict No. 38155 man chose as secretary after Lamb, who used to be a bank They met two years ago on the train them Shoemaker after conviction for through the mail, and Lamb for violation the banking laws Shoemaker one the four Farmer-Labor congressmen elected Minnesota Novem His case is still before elections committee on the contention that his conviction took away citizenship. but the House March voted 230 to 75 to allow him to take his seat. gray-eyed, medium height. man he is. always anxious to fight for the farmers and wage earners. Lamb heavy-set, white haired man of Like Shoemaker, doesn't mind admitting that an ex-convict. But he does want it known that he was sentenced only for "techniviolation and that depositors his bank have been paid off per cent, pretty good rate for busted banks. "Ability," says Shoemaker when asked why he selected fellowconvict handle his office in Washington. "There's fine He humanitarian. He spent seven months France driving an bulance at the front. to be chemist until his family left him bank. graduate of the University of North Dakota. is well-posted on economics and knows all about banking problems. He the confidence the people of his community. They know honest and Shoemaker, radical editor and promoter of municipal power plants, fought the Republican ma chine in Minnesota for years. He campaigned against Congressman August Andresen, Republican in 1930 About that time in his paper, Organized Farmer,' waging campaign against bankers held trusts and unloaded worthless on benefiHe especially one banker who. after being compelled make good in that of wrote him mean letter. Shoemaker back. the envelope Robber Widows and Orphans." judge whom Shoemaker says he had referred as tool trust,' sentenced him. He had the choice of and day year five years of probation. He chose the former. So Shoemaker and Lamb met the train. Shoemaker landed in the chaplain's office and Lamb became clerk. Lamb took down the life histories thousands of prisoners. Shoemaker studied the and recommended placements within the prison Today Shoemaker has his prison the tags of automobile He went to Minnesota, obtained the nomination against Andresen last year, and was elected. Lamb had been president of the Dillworth state bank and direcof the larger Moorehead Nationbank in community nearby. There run the Moorehead bank in 1928 and Lamb closed protect depositors. Closing Moorehead bank the Dillworth bank close and Lamb says lost $70,000. But he was left holding the bag about $4500 which had been left uncovered by an inside deal involving the use school warrants. Lamb paid the $4500 once and thought was settled. days bethe statute of limitations he was arrested as result of what he calls "political spite work."


Article from The Tribune, April 27, 1933

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Carlson Orchestra Will Play at Park Jan Carlson and his orchestra. direct from Lake Shore hotel in Cleveland, will play for the dances Saturday and Sunday nights at Lake Park The crchestra, with 12 members, has toured the country during the past two years and has broadcast frequently thru stations of the National Broadcasting Co. Dillworth state bank and a director of the larger Moorehead National bank in a community nearby There was a run on the Moorehead bank in 1928 and Lamb closed it to protect depositors Closing of the Moorehead bank caused the Dillworth bank to close and Lamb says he lost $70,000 But he was left holding the bag for about $4500 which had been left improperly covered by an inside deal involving the use of some school warrants. Lamb paid off the $4500 at once and thot it was settled. but a few days before the statute of limitations ran out he was arrested as result of what he calls political spite work. After leaving Leavenworth he returned to Minnesota and he helped Shoemaker in the 1932 campaign. Share Progressive Views Lamb shares Shoemaker's progressive views and takes an eager interest in the national banking situation Shoemaker is an inflationist and favors calling in government bonds and paying them off with new currency. which he says would eliminate an interest charge of about R billion dollars a year and force present holders of tax-exempt securities to pay a billion a year in taxes. He is amused by the House beer bill which barred ex-convicts from selling beer First they voted by a huge majority to let me sit in Congress, he says, "and then they passed law prohibiting me from tending bar or running saloon."


Article from Petaluma Argus-Courier, April 28, 1933

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BEHIND THE SCENES IN WASHINGTON WITH RODNEY DUTCHER BY RODNEY DUTCHER NEA Service Writer No. 38163 and Convict No. 38155 were cellmates at the Leavenworth penitentiary. They are still the office building of the House Representatives. Convict No. 38163 has become Congressman Francis H. Shoa maker of Minnesota. Convict No. 38155 is the man he chose as his secretary after election M Lamb, who used to be a bank president. They met two years ago on the train carrying them to prisonShoemaker after conviction for "scurrilous matter" through the mail. and Lamb for violation of the banking laws Shoemaker is one of the four new congressmen elected in Minnesota last November. His case is still before an elections committee on the contention that his conviction took away his citizenship. but the House in March voted 230 to 75 to allow him to take his seat. A gray-eyed, medium height, brown-haired man he is. always anxious to fight for the farmers and wage earners. Lamb is heavy-set, white haired plain-spoken man of 44. Like Shoemaker, he doesn't mind admitting that he is an ex-convict. But he does want it known that he was sentenced only for "technical" violation and that depositors in his bark have been paid off 75 per cent, pretty good rate for busted banks. "Ability," says Shoemaker when asked why he solected fellow. convict to handle his office in Washington. "There's fine man. He is humanitarian. He spent seven months in France driving an ambulance at the front. He used to be chemist until his family left him a bank. He's graduate of the University of North Dakota. "He is well-posted on economics and knows all about banking problems. He has the confidence of the people of his community. They know he's honest and so do Shoemaker, radical editor and promoter of municipal power plants, fought the Republican machine in Minnesota for years. He campaigned against Congressman August H. Andresen, Republfcan in 1930. About that time in his paper, "The Organized Farmer,' he was waging a campaign against bankers who held trusts and unRoaded worthless stocks O%) beneficlaries. He especially attacked one banker who, after being compelled to make good in that sort of case, wrote him mean letter Shoemaker wrote back, addressing the envelope to Robber of Widows and Orphans." judge whom says he had referred to as tool of the power trust," sentenced him. He had the choice of year and a day at Leavenworth five years of probation. He chose the former. So Shoemaker and Lamb met on the train. Shoemaker landed in the chaplain's office and Lamb became clerk. Lamb took down the life histories of thousands of prisoners. Shoemaker studied the cases and recommended placements within the prison. Today Shoemaker has his prison the tags of his automobile. He went back to Minnesota, obtained the Farmer-Labor nomination against Andresen last year, and was elected. Lamb had been president of the Dillworth state bank and a director of the larger Moorehead National bank in community nearby. There was run on the Moorehead bank in 1928 and Lamb closed it to protect depositors. Closing of the Moorehead bank caused the Dill. worth bank close and Lamb says he lost $70,000. But he was left holding the bag for about $4500 which had been left improperly uncovered by an inside deal involving the use of some school warrants. Lamb paid off the $4500 at once and thought it was settled. but few days before the statute of limitations ran out he was arrested as a result of what he calls "political spite work."


Article from The Times-News, April 28, 1933

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Once Cell-Mates These Two Use Same Office By RODNEY DUTCHER NEA Service Writer WASHINGTON (UP) Convict No. 38163 and Convict No. 38155 were cellmates at the Leavenworth They are still "cellmates" in the office building of the House Representatives. Convict No. 38163 has become Congressman Francis H. Shoemaker of Minnesota. Convict No. 38155 is the man he chose as his secretary after election-Owen M. Lamb. who used to be bank president. They met two years ago on the train carrying them to prison Shoemaker after conviction for sending matter' through the mail, and Lamb for violation of the banking laws. Shoemaker is one of the four new Farmer congressmen elect ed in Minnesota last November His case is still before an elections commitee on the contention that his conviction took away his citizenship, but the House in March voted 230 to 75 to allow him to take his seat. Neither Is Ashamed A gray-eyed, medium height, brown-haired man he is, always anxious to fight for the farmers and wage Lamb is heavy-set, whitehaired plain-spoken man of 44. Like Shoemaker, he doesn't mind admitting that he is an ex-convict. But he does want it known that he was sentenced only for "technical" violation and that depositors in his bank been paid off 75 per cent. pretty good rate for busted banks. "Ability." says Shoemaker when asked why he selected fellowconvict to handle his office in Washington. "There's a fine man. He is humanitarium. He spent seven months in France driving an ambulance at the front. He used to be chemist until his family left him a bank. He's graduate of the University of North Dakota "He is well-posted on economics and knows all about banking problems. He has the confidence of the people of his community. They know he's honest and so do I." Tangled with Banker Shoemaker, a radical editor and a promoter of municipal power plants, fought the Republican na. chine in Minnesota for years. He campaigned against Congressman August H. Andresen, Republican in 1930 About that time in his paper, "The Organized Farmer, waging campaign against bankers who held trusts and unloaded worthless stocks on beneficiaries He especially attacked banker who, after being compelled to make good in that sort of case, wrote him mean letter. Shoemaker wrote back, addressing the envelope to Robber of Widows and Orphans. A judge whom Shoemaker says he had referred to tool of the power trust," sentenced him. He had the choice of a year and day at Leavenworth or five years of probation. He chose the former. So Shoemaker and Lamb met on the train. Shoemaker landed in the chaplain's office and Lamb became clerk. Lamb took down the life histories of thousands of prisoners. Shoemaker studied the cases and recommended m ents within the prison. Prison Number OR Car Today Shoemaker has his prison number-38163 the tags of his automobile. He went back to Minnesota, obtained the Farmer-Labor nomination against Andresen last year, and was elected. Lamb had been president of the Dillworth state bank and director of the larger Moorehead National bank in a community nearby. There was a run on the Moorehead bank in 1928 and Lamb closed it to protect depositors. Closing of the Moorhead bank caused the Dillworth bank to close and Lamb says he lost $70,000.


Article from The Capital Times, April 30, 1933

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Shoemaker Well Known in State Francis H. Shoemaker is well known in Madison and Wisconsin. He formerly published a newspaper at Green Bay and was for a time an organizer in this state for the Non-Partisan League. Lamb is a heavy-set, white haired, plain spoken man of 44. Like Shoemaker. he doesn't mind admitting that he is an ex-convict. But he does want it known that he was sentenced only for a "technical" violation and that depositors in his bank have been paid off 75 per cent. a pretty good rate for busted banks. "Ability," says Shoemaker when asked why he selected a fellow convict to handle his office in Washington. "There's a fine man. He is a humanitarian. He spent seven months in France driving an ambulance at the front. He used to be a chemist until his family left him a bank. He's a graduate of the University of North "He is well-posted on economics and knows all about banking problems. He has the confidence of the people of his community They know he's honest and so do I." Tangled With Banker Shoemaker. a radical editor and a promoter of municipal power plants, fought the Republican machine in Minnesota for years He campaigned against Congressman August H Andresen, Republican in 1930 About that time in his paper. "The Organized Farmer." he was waging a campaign against bankers who held trusts and unloaded worthless stocks on benficiaries. He especially attacked one banker who, after being compelled to make good in that sort of a case, wrote him a mean letter. Shoemaker wrote back, addressing the envelope to Robber of Widows and Orphans." A judge whom Shoemaker says he had referred to as "a tool of the power trust," sentenced him. He had the choice of a year and a day at Leavenworth or five years of probation. He chose the former. So Shoemaker and Lamb met on the train. Shoemaker landed in the chaplain's office and Lamb became a clerk. Lamb took down the life histories of thousands of prisoners. Shoemaker studied the cases and recommended placements within the prison. Prison Number on Car Today Shoemaker has his prison number-38163-on the tags of his automobile. He went back to Minnesota, obtained the Farmer-Labor nomination against Andresen last year and was elected. Lamb had been president of the Dillworth state bank and a director of the larger Moorehead National bank in a community nearby. There was a run on the Moorehead bank in 1928 and Lamb closed it to protect depositors. Closing of the Moorehead bank caused the Dillworth bank to close and Lamb says he lost $70,000 But he was left holding the bag for about $4,500 which had been left improperly uncovered by an inside deal involving the use of some school warrants. Lamb paid off the $4500 at once and thought i' was settled, but a few days before the statute of limitations ran out he was arrested as a result of what he calls "political spite work." After leaving Leavenworth he returned to Minnesota and he helped Shoemaker in the 1932 campaign. Share Progressive Views Lamb shares Shoemaker's progressive views and takes an eager interest in the national banking situation. Shoemaker is an inflationist and favors calling in government bonds and paying them off with new currency, which he says would eliminate an interest charge of about a billion dol- lars a year and force present holders of tax-exempt securities to pay a billion a year in taxes. He is amused by the House beer bill which barred ex-convicts from selling beer. "First they voted by a huge majority to let me sit in Congress," he says, "and then they passed a law prohibiting me from tending bar or running a saloon."


Article from The Daily Missoulian, May 21, 1933

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Once Cell Mates, These Two Have S. Office Together, Congressman and Secretary ASHINGTON, May Convict No. 38163 and Convict No. 38155 were cellmates at the Leavenworth penitentiary. They are still the building of the House of Representatives. Convict No 38163 has become cently when a crowd of farmers stormed the courthouse at Primghar, Iowa, and sought to prevent foreclosure in case that had been pending the time the state law was enacted. The sheriff kept the mob out of the courthouse by means of deputies armed with hickory clubs. but several lawyers and deputies were captured by the farmers and made to kneel and kiss the American flag. At about the same time several score of farmers invaded the courtroom of Judge C. C. Bradley at Le Mars, Iowa, and dragged the jurist from his bench when he refused to promise "not to sign any more foreclosures. When the jurist persisted in his refusal he was taken to road, manhandled and threatened with hanging to pole This outbreak led the governor to call out troops, Such is the that lies behind the call for "farm strike, by 1,400 delegates from 23 states who attended tion of the National Holiday association at Des Moines recently. Congressman Francis H. Shoemaker of Minnesota Convict No. 38155 the man he chose his secretary after M. Lamb, who used to be bank president They met two years ago on the train carrying them prisonShoemaker after conviction for sending "scurrilous matter" through the mail, and Lamb for violation of the banking laws. Shoemaker is one of the four new congressmen elected in Minnesota last November His case is still before an elections committee on the contention that his conviction took away his citizenship, but the House in March voted 230 to to allow him take his seat. gray-eyed, medium neight, brown-haired man he always anxious fight for the farmers and wage earners. Neither Is Ashamed Lamb is heavy-set, white-haired plain-spoken man of 44. Like Shoemaker, he doesn't mind admitting that he is an ex-convict. But he does want it known that he was sentenced only for "technical" violation and that depositors in his bank have been paid off 75 per cent, pretty good rate for busted banks "Ability, says Shoemaker when asked why he selected fellow-convict to handle his office in Washington. "There's fine man. He He spent seven months in France driving an ambulance at the front. He used to be chemist until his family left him bank. He's graduate of the University of North Dakota "He is well-posted on economics and knows all problems. He has the confidence the people of his community. They know he's honest and so do Tangled With Banker. Shoemaker, a radical editor and promoter of municipal power plants, fought the Republican machine in Minnesota for years. He campaigned against Congressman August H. Andresen, Republican in 1930. About that time in his paper, "The Organized Farmer,' was waging campaign against bankers who held trusts and unloaded worthless stocks on beneficiaries. He especially attacked one banker after being to make good in that sort of case, him mean letter er wrote back, addressing the envelope Robber Widows and Orphans. judge whom says he had ferred as tool of the power trust,' sentenced him. He nad the choice of year and day at Leavenworth or five years of probation. He chose the former So Shoemaker and Lamb met on the train. Shoemaker landed the chaplain's office and Lamb became clerk. Lamb took down the life histories of thousands of prisoners. Shoemaker studied the cases and recommended placements within the prison. Prison Number on Car. Today Shoemaker has his prison the tags automobile. He went back to Minnesota, obtained the Farmer-Labor nomination against Andresen last year, and Lamb had been president of the Dillworth state bank and tor of the larger Moorehead National bank in nearby. There was run on the Moorehead bank in 1928 and Lamb closed it protect Closing of Moorehead bank caused the Dillworth bank to close and Lamb says he lost $70,000 But he was left holding the for about $4,500 which had been left improperly by an inside deal involving the use some school warrants. Lamb paid off the at once and thought was settled, but few days before the statute limitations ran out he was arrested result of what he calls "political spite work. After leaving Leavonworth he returned to Minnesota and he helped Shoemaker in the 1932 campaign.