The Caucasian., 1907-02-21
EMPHATIC DENIAL.
Knows Nothing About Payment Of
Money to StribIing G. Henry


Austin, Feb. 21.-During the testi-
money Tuseday, III speaking of the
$500 voucher. Senator Bailey again
emphatfcally denied that he knew any
thing whatever about the payment of
any money to Henry & Stribling, or
either OF them. He denied all knowl-
edge of the Clark johnson correspond
ence, and said that he had never been
called upon to speak to Henry & Strib
ling about matters affecting the Wa
tersP Pierce Oil company or Pierce He
added, however, that if he had been
told that Stribling was threatening to
bring the proceedings for receiver
ship, and had been asked to remon-
strate with him, he would have done
so, because he believed it was an i'm
proper proceeding.
Mr.. Bailey testified about the vari-
Gus vouchers before the committee
He declared that he had never heard
of the $3100 voucher until the matter
was brought up by the attorney gener-
al, and had never heard that Stribling
was employed by the Waters Pierce
Oil company until a few days after
that time AS to the 5000 voucher, he
testified that he knew nothing about
1t. Mr.. Pierce, he said, had offered to
pay his expenses on the trip to Texas,
but he had refused to receive the
money, as he would have to come to
Texas anyway
He testified that the $4,000 loan and
the $1,000 item had been paid for him
by Francis at his request and that
he had paid Francis when he sold his
horses in Kentucky. The $4,000 note,
he said, was paid out of the proceeds
OF $25,0G0 note which he discounted
in the National Bank of Commerce at
St. Louis.
Mr.. Bailey said that at the time he
attempted to arrange a compromise
for the Waters-Pierce Oil company
he was so firm in the belief that ii
was not connected with the Standard
Oil company that if the secretary of
state had declined to issue a permit
to the new company he would not
have hesitated to take employment to
mandamus him to do So He said he
continued in that belief until the fall
Standard Oil admitted in the Missouri
proceedings that the Standard owned
majority Of the stock of the Waters
Pierce. He told how he had gone to
Pierce and asked for an explanation of
it, and Pierce told him that the stock
stood in the name of Van Buren,, but
he believed it belonged to Standard
Oil, and how he had gone over to
the Standard Oil company's offices
and asked about it. They told him. he
said, that Van Buren really owned the
stock, whereupon he replied that he
didn't, believe id word of it; that
they all ought to be in the penitentia
ry, and that he would try to put them
there Then he went back to Mi
Pierce's office in New York and told
him what he thought about it, Pierce
he said, told him that If he persisted
in doing what he had talked of doing
he would be helping the very interest
that would like to destroy his COM
pany; that while the Standard owned
that stock it had not attempted to con
troll the Waters-Pierce. Senator Bal
ley said he told Pierce that that was
not satisfactory as he had led him to
believe that the Waters-Pierce com
pany had no connection with the Stan
dard Oil company.
In reference to the Gibbs ranch deal
which he told in detail, the senator
stated he made $780, 900 on the trade.
and that he still owns 1890 acres OF
the property.
The story of his first meeting with
Fl. C. Pierce of the conversation and
the $4,000 loan was substantially as
he had related it before, except that
he told of receiving a telegram from
Governor Francis on April %. 1900
saying that he (Francis) desired to see
him. and that on his way to st. Louis
on the night of April 25, he had re-
ceived telegram from Pierce at Par
sons. Kan in which Mr.. Pierce said
that he had letter of introduction
from Mr.. Francis which he desired to
present in St. Louis at the senator's
convenience. He told of his visits al
Waco shortly afterward, and OF trip
to Austin, and in regard to the con-
versation between himself and MI.
Henry, wherein Mr. Henry had ex-
pressed the belief that the Waters
Pierce Oil company was connected
with the Standard Oil company, and
had produced a copy of the Standard
Oil trust agreement. Senator Bailey
repeated as have Judge Scott and Mr..
Henry, how he explained said agree
ment as not showing anything of the
kind. Senator Bailey said he believed
at the time that Mr. Henry had accept
ed his view of the situation, but Mr..
Henry had testified here that he had
not done so.