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a ee a a i CT ag ti a at a a ln ie a alt Te Aga El nt Meee le Ah s | ’ —— e Asks Rate Of Interest Hearings Close |! ~Seiccnamens “On Folk School, “seerasiec’ C--3-¢ terest do you get in California?” “We get about four and a half Legislators Will Report On}: Highlander Findings "per cent,” Mr. Horton replied. “Don't you know exactly, Mr. DIRECTOR IS WITNESS Horton?" “No, we put it In California because we got the highest rate of interest there.’ He said he had done so on the advice of his auditors. ao _ Later Representative Hanover seid: “He has taken in hun-|, By RICHARD ALLIN : freds of thousands of dollars of the Highlander Folk School at ’ Mr. Horton promised te pro- : ALL INFORMATION CONTAINED Monteagle Tests with a legisia-j Vide the sommitiee with co7.| HEREIN 1S UNCLASSIFIED tive investigating committee): finances. He said he did mit DATE dly/sd BY Se ger which ended its final hearing! have enough notification ahe Thursday morning. ; of time to prepare the figurgs The committee, appointed tol; the committee wanted. ATS. determine whether subversive, _ Mr. Hanover pursued ques-/. tioning of the school's programs in relation to its finances. He’ fioted jerge expenditures for]: ectivities are carried on at the|, school, will give its report a recommendation to the attornpy), general by Tuesday. travel expenses, but only about Founder Only Witness | finery put inte the school’s 7 The only witness Thursday was Myles Horton, founder and director of the school who “he icsel estioned about e ovina ab 19557” Mr. Hanover asked. 's fi nd its teach- school’s finances anc} “None. It's all been in the field ine activities. a Representative Alan Hanover -in the Sea Islands of South P Carolina,’ Mr. Horton said. f i stioned Mr. of Memphis, who que Thé school is conducting liter- Horton of monetary matters,/- expressed dissatisfaction with acy classes among Negroes in Mr, Horton’s answers. : South Carolina so they can vote, Mr. Horton said the bulk the director said. The school operating funds were placed in has no extension programs else- the Bank of Sewanee, the near- where. — est bank to the school, and that . he ‘thought’ there were only two other depositories for the?. achool’s funds, both California, banks. : F “Are those the only three banks where you have money?” ; . asked committee counsel J. H. ; MeCartt. Gil: M5 tl 4 “Y don't know right off,” Mr. ‘ f, Horton sald. “We write checks entv an Sewane bank. The others are savings and loanst’ “How many other depositomes do you have, Mr. Horton? "t you know? Do you have so masy ~ depositories you don’t know?" © r _ ft | NOT rRrearere 17 MAR 16 .359 Classes In 1859 " “How many classes have you had at Highlander since Jan. 1, THE COMMERICA APPEA MEMPHIS, TENNESSER J-6-5" ) SEARCHED... ensue HDERED sasnnne SERIALIZED. .oe--cFILED casas MAR 6 = 1959 FBI - MEMPHIS