Albuquerque evening citizen. [volume] (Albuquerque, N.M.) 1905-1907, 1907-02-05
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Washington, Feb. 5.-Smirched,
but back again. That seems to be
the verdict in the case of Joseph
Weldon Bailey, charged by Hearst
with completely in Standard Oil.
The vote in the Texas legislature
makes it overwhelmingly certain that
Bailey will serve another six years in
the United States senate. The legis-
lative committee that is to investi-
gate him will probably apply the
whitewash.
Senator Bailey says he will resign
| If convicted. Even if the committee
should convict, there is still the leg
! islative majority to be reckoned with.
And-after all-the senate commit
tee on elections is the only body
which can make a real investigation
or to do any real convicting. And
the senate has too many other repre-
sentatives of Standard Oil to vote to
go deep into that subject.
| 1t is not anticipated here that much
new evidence will be brought to light
at the committees hearings. Mr..
Hearst is the accuser and he has said
his say in several full pages of his
| newspapers. his puTpOSe Was " pic
vent the election of Jos. w. Bailey
to the senate, and he took pains to
fire his volley at the time when he
thought 1t would be most likely to
accomplish this purpose.
This was the day before the legis-
lature at Austin began to ballot.
On Monday the story was herald
ed to the world, with reproductions
= ,t,.a oil
the evidence set forth with great
elaboration. The gun was fired with
its full charge. But the shot did not
bring down the game. The vote was
taken and Baileys victory was all he
could have hoped. His promise to
resign "if' was clever. 1t gave his
friends a chance to vote for him-de-
spite appearances.
After making all due allowances
for the animus behind the Bailey ex-
pose, it must be admitted that the
evidence against him is damning. II
is replete with detail and consists OF
original documents, letters, vouchers
kilograms and promissory notes
showing Mr. Bailey's connection with
the southwestern branch of the
Standard Oil company.
answer to the question which ha:
been raised: Where did he get it,
For My Bailey was a poor man Ut
to 1900, when he was elected to the
United States senate. Then his law
business took a most phenomena
start and within a very brief time
he was hand in glove with Wall street
masters of high finance and dealing
in thousands where before he haC
dealt in pennies.
1t is apparent that Mr.. Hearst has
succeeded in getting the secretary OF
the Waters-Pierce Oil Company
(branch of the Standard OiD, and
with him possession of the origina
documents and much inside informa
ton connected with the business o.
the company, needed to prove tbs
charge. This secretary, John p
Gruet, is the main prop of the new
evidence which has been brought out
He was for seventeen years connect
ed with the Waters-Pierce company
and got out when the Standard Oi
company went after him.
The most damning evidence offer
ed by Gruet are the following ac
cusations
First-That Senator Bailey has re
ceived dividends from 10 shares o
stock in the Waters-Pierce Oil com
pany, amounting to something like
S65.OOO a year, these shares having
been transferred to Bailey's account
though held i'm escrow by direction o
Col. Pierce shortly after Bailey, lou
of pure friendship for Dave Francis,
succeeded i'm securing reinstatement
for the Standard Oil company, which
had been barred from doing business
in Texas under the antitrust statute
Second-That a note for $4,000 Civ
en- by Senator Bailey at about the
same period to Col. II, G. Pierce
was never paid, and that Pierce
charged it to profit and loss.
Third-That Senator Bailey sough
to conceal his connection with th'
Waters-Pierce oil company, knowinl
that it was an Illicit connection. II
, proof of which letter is put in evi
dence, written from Gainesville, Tex
as, March 2S, 1901, and reading al
; follows:
"Mr. II. c. Pierce, st. Louis Mo-:
my Dear Pierce-Send me New
York Exchange for s1,750. Have
made payable to my order, so tina
it will not be necessary for you t
/ indorse it. Send IL at once, as | ough
to have had it several days
a Yours faithfully,
(SignedJ -. w. BAILEY"
Fourth-That Senator Bailey re
ceived $500 from the Standard Oi
trust through the Waters Pierce Oi
company and II. Clay Pierce i'm
/ mediately after his services i'm per
suading the Texas attorney general L
r permit the company to resume busi
ness in his state. The original vouch
er for this sum is part of the evi
dence, 1t is indorsed on its face
ITO demand loan to Jos. w Bailey.
Fifth-That is was part of Senate