The Washington herald. [volume] (Washington, D.C.) 1906-1939, 1907-02-23
BAILEY QUITS STAND
Senator Finishes Testimony
Before Texas Committee.
INSISTS He IS INDICATED
Declares That IL His Amendment to
Rate Law Had Been Adopted
Gone Out of BuSiness-DeciineS to
state Amount He Received.

Austin Feb. g2-Senator Bailey finished
his testimony before the legislature in
vestigating committee this evening He
was questioned ON a wide range of sub
iects and gave further details OF num-
ber of financial transactions. Mr.. Bailey
was cross-ezamiued on his position IN
the Senate with reference 90 the pipe line
amendment 10 the rate bin with the view
of showing that it wds in the interest Of
the Standard Company He said.
when Mr. EIkius and oilers read ,ele-
grams which they had and insisted that
they were from independent oil pro-
ducers. / insisted that the Standard had
put other people in the forefront in the
fight. l did not say, and ! did not be-
lieve. that the Standard oil Company was
i'm favor of it. / know l was opposed to it,
rs il true that the Standard Oil people
appeared not TO be fighting it?" he was
asked.
1T is "a common report throughout the
country. You know as much Of that as
do"
Nj Bailey said he understood that the
Standard oil Company has already com
pleted "a great many pipe lines and that
it is his understanding that all of them
would be- included as common carriers,
by reason OF having exercised the right
OF eminent domain. He said il was not
true that independent companies want
TO build competing lines through Texas
to the Gulf.
MANY people think the Standard oil
Company owns the Texas company. and
the Guifey company he said Il once
understood that the WateTs-Pierce Oil
Company was an independent company.
but 1 am not saying that any more"
IN response 10 further questions. Mr..
Bailey said
IF you are trying to prove that the
transportation clause in the rate bin is
IN favor of the Standard Oil Company,
You are wasting time. There was not a
man in favor OF the Standard who was
not opposing my amendment"
You are not willing 10 answer my
questions" said his inquisitor.
Il think il would be a waste Of time. "
Are you willing 10 express your views ?''
My views are that if the amendment
had been adopted. it would have driven
the Standard Oil out Of producing or out
OF carrying. and would have broken up
the monopoly"
Tells Of SG5O,J9O Loan.
Mr.. Bailey again told Of the loan of
S15O,0OO which he obtained from II. c.
Pierce TO finance certain interests in
Texas. He gave an account of his en-
ployment by Mr.. Pierce and others to
investigate and report upon the value
of the property of the Tennessee Central
Railway. He declared that he was Sc
lected for that work because Of the con-
hdence OF those who employed him in his
fitness for performing it properly. He
admitted that he was not an expert in
that line
How much fee did you receive for that
work.
THAT is n0b0dy's business" he replied
rs il fact that parties who you have
served have in many instances lent you
money"
No; it is a fact that the prosecutors Of
these charges have picked out the friends
for whom / have performed services and
from whom ! borrowed money, and have
heralded them to the world.
Delivers Address to Committee.
Mr.. Bailey was permitted 20 deliver an
address before the committee when his ex-
animation had been finished. He said in
substance that ne had been vindicated by
the testimony, and that in less than four
years the investigation would be remem-
bered as the most infamous incident in the
politics of Texas.
The investigation was not instigated by
Texans. and in the right time Texans
would be heartily ashamed Of it.