The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1908-09-26

Senator, venture to write you word
regarding the bill introduced by Sena-
tor Jones of Arkansas. known as ,.
649," intended to amend the act to pro-
tect trade and commerce against any
unlawful restraints and monopolies,
etc. introduced by him December 4. 1t
really seems as though this bill is very
unnecessarily severe and even vicious
Is 1t not much better to test the appli-
cation of the Sherman law instead of
resorting to measure of this kind? 1
hope you will feel so about it, and will
be greatly pleased to have word
from you on the subject. The bill is,
I believe still in committee.
with kind regards, very truly
yours. JOHN D. ARCHBOLD.
Il have no recollection of having ever
received any such letter, and a diligent
search fails. to disclose any such letter
In my files or any copy of any answer to
any such letter in my letter book. But.
waving all that, the letter shows on its
face that Mr.. Archbold did not pretend to
have any right to address me on such a
subject, except as any citizen might have
done. Such requests are of daily occur
renee in the experience of every senator.
If l ever received such letter my inability
to find it or TO find my answer, is doubt
less due to the fact that l simply referred
II 10 the judiciary COIniillltS lOI tOliSlu-
Grafton in connection with the bill.
Bill Not Acted On.
THE record shows that the bill was
never acted on in the committee. Sem
ator Hoar was at that time chairman of
the judiciary committee. He had with
him on the committee such associates as
Senator Plat of Connecticut, Senator
Fairbanks. Senator Nelson and other men
of the highest character, to no one Of
whom any member of the Senate or any
body else think of making a suggestion
of killing a bill or to consider 1t in any
manner except only upon its merits. 1
would not deem 1t necessary to make any
explanation of the receipt of such a LETT
ter If 1t were not that Mr.. Hearst, in
reading this letter, coupled it with the
following letter:
" '26 Broadway, n. Y, January q, 1902
My Dear Senator: Responding to your
favor of the 18th 1t gives me pleasure
to hand you herewith certificate of deposit
for $4,000, in accordance with our under
standing. Your letter states the condi-
tons correctly, and trust that the trans
action will be successfully consummated.
Yours very truly,
"JOHN D. ARCHBOLD.'
Mr.. Hearst accompanied the reading of
these two letters together with COM
ments calculated, If not intended, to con-
vey the impression that the one had ref
erence to the other, and that they consti-
tuted evidence that I was, for money
received, trying to influence legislation
In accordance with the views of Mr. Arch
bold.
THE dates of the two letters when COM
pared show that the money was sent al
most a month prior to the letter about
the Jones bill.
This of itself would ordinarily be
enough to disconnect the two in the av-
erage mind, but I have already shown in
former statement that the certificate of
deposit was sent on account of the pro-
posed purchase of the Ohio State Journal,
and that the proposition to purchase being
abandoned, 1t was returned on February
L. only a week after it was received. The
following letters show this entire trans
action and give all the details except
that, in accordance with the talk over the
telephone, the amount to be loaned by
Mr.. Archbold was increased, as hereto
fore explained, from $4,000 to S50,0 900.
Mr.. ArchboId's Letter.
First in order it was letter of Mr..
Archbold, dated January q, 1902:
" New York, January 81, 1902.
My Dear Senator: Referring to our
conversation of last night over the tele-
phone, after considera ton, we are con-
frmed in the feeling that we ought not to
make an actual investment in the enter
prise proposed. We are, however, willing
to loan the party $4,000 to be repaid in
five annual payments with interest at 5
per cent, payable annually, and with the
stock of the enterprise in the proportion
that this amount bears to the whole as
collateral. The party to have the right to
anticipate payments without notice.
We trust this will impress YOU an
being a reasonable suggestion. We will
be very glad, indeed, to see the matter
consummated and agree with you thor
oughly as to its wisdom. Very truly
yours, JOHN d. ARCHBOIb
Hon. ]. B. Foraker, 1900 Sixteenth
street, Washington.
Next is my letter of January 25 1902.
to Mr.. Archbold. This letter followed a
talk over the telephone:
Washington, January %, 1908.
John d. Archbold, Esq, 26 Broadway.
New York
Dear Sir-The matter at Columbus
will be ready for contamination In a
few days and must be closed not later
that February l. If you will kindly send
me your check or New York draft for
$4,000, Ito which sum he had promised by
telephone to increase it, will turn it over
to Mr.. = - and secure for you from
him as soon as the transaction is closed
the notes of the company with your
proportion of the stock attached as COL
lateral for repayment of the amount ad-
Yanced, $4,000 one year after date, and
5000 each year thereafter until all Is
paid, the whole to bear interest at the
rate of per cent per annum, payable
annually. This / believe meets your
views as expressed in your last letter
to me.
If there should be anything further
10 co. Il l. l.
regard to the matter, you can call me
by phone, Main No. 800, Washington, D.
G, my residence, any morning until II
O'Clock, or any evening after o'clock
Very truly, yours, etc.,
az. B. FORAKER
Other Communications.
F. Then come in regular order the fol-
lowing:
New York, January 81 1902
My Dear Senator-Responding to your
favor of the 25th, it gives me pleasure to
hand you herewith certificates of deposit
for $4,000 in accordance with our I'M
derstanding. Your letter states the con-
tentions correctly, and I trust the trans
action will be successfully contaminated.
Very truly. yours
JOHN D. ARCHBOLD.
Hon. j. b. Foraker, Washington, d. c.
Washington, January %, 1908
John d. Archbold, Esq, 26 Broadway
New York.
Dear Sir-I write to acknowledge the
receipt of your letater of the 9th instant
with enclosure as stated, and to say
will communicate with you again just
as soon as the transaction can be
closed. I will see that everything is done
as agreed upon. Sincerely thanking you
for what you have done in this mat
ter, and assuring you of my proper ap-