The daily morning journal and courier., 1905-01-11
PRESIDENT WIfHDRAWS ~ LETTER OF SUCCESS
FINDS HIS NAME USED FOR AD-
 VERTISING PURPOSES.

Had Aimed to Aid the American Ne,va-
 boys Magazine but Found Certain
 Facts That Afterward Made Him Un-
 willing to Have His Name Connected
 With the Enterprise-sIurat HaIsted
 In the Same Box-Interesting Coz
 respondence.
 Washington, Jan. 10.-President Roosevelt to-day withdrew l etter which he wrote last March extending to the American Newsboys' Magazine his wishes for it's success. The withdrawal of the presidents letter was announced ln the form of letter which the presi- aent wrote on the 7th inst. to Murat Halstead, who was the president of the company which is to publish the maga- zlae, The letter of the president to MT. Halstead follows in part:
 My Dear MT. Halstead-I am advis- ga that you are the president of a com paiy formed to publish the American NeWsboys Magazine and contemplate Withdrawing your connection with it.. . Alter quoting in full the letter which ne wrote last March to Colonel a. 0. stealey, then editor of the magazine the president continues:
 As you will note, this letter is coue,,- ed in general terms, but 1t has been useu to exploit this company. Certain Iacts nave come to me as to the char acter of certain persons interested in the corporation, as well as the methods they nave adopted for the disposal Of stock, which make me unwilling longer 10 permit the use of my name ii con nection with the enterprise. May ask you to look carefully into the matter and write me your views? I wilx not nave any letter of mine used in conHec- ton With any concern which is in Anyx way tainted. even though this letter fers more to a general movement {6an a particular scheme.
 Sincerely yours,
 Theodore Roosevelt. In response to this letter MT! Hal stead wrote the president that he did intend to withdraw from the company, saying:
 cannot continue associated with the concern, and propose to take the legal steps that may be possible to pro- tect the interests of the bona-fide stock subscribers from dissipation
 To-day the president, in addition tu authorizing the publication Of cor respondence, took steps to insure the Withdrawal of his letter of last March. In conc fusion. the statement issued at the White house says:
 Tn making this correspondence pub lie there is no purpose to reflect on tha integrity of Colonel Stealey, Mr Hal stead or MT. Richardson, who were at one time or anoher connected as officers of the company. They evidently en- deavored in good faith to cause to carry out it's original purpose.
 MT. Halstead, who called on the pres- ident at the White; house, issued statement in which he says:
 My business here was to give the president information of the misuse Of his name in a company advertised as a scheme of philanthropy. My reason for this was that my name had been abils- ed in the same connection.
 The president has found out the of fensive facts, and to-day announces that the use in any form of his naIne or that of a cabinet officer by the Arneri- can Newsboy company is forbidden. :"
 c. f. Richardson, the secretary and treasurer of the company, protested against some of the methods of the concern, and in a statement issued to- day says he was deposed from office. He retains, however, the books, papers and funds of the company, and adds that he already has taken steps tospro-s tect those who have paid for their stock
 Mir Stealey resigned the presidency of the company last October, passing his resignation on the ground that he could not agree with the way the business of the company was being transacted, Mrs Stealey received no compensation for his services and returned all the stock voted to him by the company when it was, originally formed.
 The stockholders of the American NeWsboy company held a meeting here to-day, at which Charles A. Edwards was elected president, vice MT. Hall stead, resigned, and H. K. Holmes, E. R. Johnston and Charles A. Edwards were elected members of the board of directors MT. Johnston was elected secretary and treasurer in place of MT. Richardson. N Ss~too,, v.,x.,,.x,ss S, .,I.,..-