Waterbury evening Democrat., 1905-01-11
FAVOR WAS ILL USED|
President Withdraws His Let- ter to Newsboys' Magazine.
AURAT HALSTEAD HAS RESIGNED.
Roosevelts Conmendation, Couched h General Terms, Used to Ex-
 plOit an Alleged Un- Fl worthy Object.

" WASHINGTON. Jan. 11.--President Roosevelt has withdrawn letter which he wrote last March extending to the American Newsboys' Magazine his wishes for it's success. The withdraw al of the presidents letter was an nounced in the form of letter which the president wrote to Murat Hal stead, who was the president of the ;company which is to publish the mag azine. The letter of the president to Mir. Halstead follows in part:
 T am advised that you are the pres ident of a company formed to publish the American Newsboys'' Magazine and contemplate withdrawing your connection with it."
 After quoting in full the letter which he wrote last March to Colonel o. O.. gStealey. then editor of the magazine, the president continues:
 ''As you will note, this letter is couched in general terms. but 1t has been used to exploit this company. Certain facts have come to me as to the character of certain persons inter- ested in the corporation as we'll as the methods they have adopted for the dis p0sal of stock which make me unwill- ing longer to permit the use of my name in connection with the enter prise. May I ask you to look carefully into the matter and write me your views? I will not have any letter of mine used in connection with any con- cern which is in any way tainted. even though this letter refers more to a general movement than to particular scheme"
 In response to this letter Mir. Hal stead wrote the president that he did intend to withdraw from the company, saying:
 "I 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 tide stock subscribers from dissipation"
 The president in addition to author izing the publication of the correspond ence took steps to insure the with drawal of his letter of last March. In conclusion the statement issued at the 1 White House says:
 "In making this correspondence pub lie there is no purpose to reflect on the integrity of Colonel stealey, Mir. Hal stead or MT. Richardson, who were at one time or another connected as off1- cers of the company. They evidently endeavored in good faith to cause it to carry out its original purpose"
 Mir. Halstead. who called on the president at the White House. issued a statement, in which he says:
 My business here was to give the president information of the misuse of this.nnree in q company adverHaedt "a a scheme of philanthropy. My reason for this was that my name had been abused in the same connection.
 "The president had found out the of fensive facts and announces that the use in any form of his name or that of a cabinet officer by the American Newsboy company fig forbidden The ockholders of the American Newsboy company held meeting here yesterday. at which Charles A. Edwards was elected president vice Mir. Halstead, resigned, and H. K. Holmes. K. R. Johnston and Charles A. Edwards members of the board of directors. MT. Johnston was elected secretary and treasurer in place of MT. Richardson.