The evening world., 1908-12-01
They Got the Property.

Mir. Archbold had no knowledge OF the
inside rHcts OF the sale, he said.
They Got the Property.
well. the net results were that you
got the output and properties OF the
Manhattan Company
Perhaps So
"Do you know Arm OF London so
licitors called Johnson Lett Il NAV
well?"
DO you know Mr.. James McDonalG7'
Yes. He was formerly Standard
Oil representative in London, being con-
nected, as | recall, with the Anglo
American Complain .s,,...
'Wasn't he V.e active representative
and manager Of Standard pn IA Eng
land and Europe
II wouldn't say that He left oar
employ two years ago
Government that beginning about 1899
Company loaned NJ. Mcdonald more
than 81. O,O0?"
II know nothing OF it"
Weren't YOU an officer and director
OF the Anslo-American Company at
,hat tirne?"
Yes.
Don't you know the Government tried
to find out from AL sorts. of officials
about this loan and failed?'
~ recall having heard something OF
hazy as to the Loan.
Doesn't entry OF the loan appear in
the conpany's books?
III might be--the London managers
might have made the loan.
Without you knowing anything about
;.Poss!bly."
win You produce the London books
of the Anglo American Eompan%,
Are you not dircctor'
No"
When did you resign?"
Immediately after my reelection as
a director in 1907"
We'll did you resign as a director
because of the government inquiry into
this loan?"
directors including MIR. Rogers, MIR
did r'' ''' anu
II believe they did
Have you any American directors
Il think so"
viii you produce hem"
Il will If called upon to do SO by my
lawy ers.
Has the Anglo-AmerIcan an Ameri-
can manager"
II think not"
Didn't your retention as a director
take place June I, 1872
II believe So"
American Directors Quit.
And didn't you and the other Amer
lean directors, namely II; II. Rogers,
James A Moffatt and Walter TeagIe
resign Immediately. thereafter?' >
would have assumed that j resigned
"The Standard Oil of New Jersey
owns the Anslo-Ameriran Company
And yet the active men Of STANDARD
Oil resigned from the directory about
a year ago, when this inquiry into this
loan began?
You have so stated"
Isn't 1t true that these loans to Mr..
Mcdonald dated from about the time
of the purchase of the Manhattan Com
pany?"
Il could not say
DO you know of any connection be-
tween these loans and that sale7"
II do not.
Would you swear there was no con-
Il can only tell you what know"
The witness explained that II. II.
, Anglo American Company because of
, H. health, and that he quit sO he could
give more time TO other business.
, Mr. ArChbold was then questioned at
length concerning Anthony y. Brady
testimony, given a year ago, He de-
Clarsd he did not remember much about
what Brady said regarding the sale Of
the Manhattan oil Co, 10 the Industrial
.
Better Inducements"
tfe did not believe that John II. Cuth-
bert. of the Tide Water Co. had rep
resented the Standard Oil in the pat-
chase.
He left our employ, l presume. be-
I cause he was offered better induce
mentsr said Mr.. Archbold
! The witness declared again that he
, did not know about the big loan on the
Anglo American 10 Mr.. Mcdonald, that
he didn't know whether 1t was paid OF
J not.
you heard about hts year ago
why didn't YOU inquire into ~" asked
Mr.. Kellogg.
~ didn, feel called on to do co." said
Mr. Kellogg brought out the testi.
lpony vf Cpthbert to show that the Gen
eral Industrial, syndicate Limited had
Company, hut Mr. Archbold testified
that the STANDARD. oil bought IL out.
the General Industrial and Development
Company
Not to my knowledge"
You never inquired about this com
pany though i eought tie Manhattan
Ties"
~ only know that the Manhattan
was sold so the English COMPANY" =.
Security Company Of Texas, which wa
owned by the London Commercial
Trading and lnvestBnt Company, a.
board National Bank, Mr., Rosentha
objected
Il am trying to hnd out what score
companies the Standard OH controls
ibid not the Anglo-American Com
pany loan James Mcdonald money L
construct the SECURITY Oil Company re
I NO, "a my knowledge" replied Mr.