The watchman and southron. [volume] (Sumter, S.C.) 1881-1930, 1908-10-28
PANAMA CANAL GRAFT.
RECORDS IN HANDS OF RoosE.
WELT ADMINISTRATION DE.
STROYED?


History Of Legislation Authorizing
eFchase and Conytructlou OF Canal
rssssass Inseressing Chapters.
New York World 18th.
ERorts 6y the World to obtain from
oovsrnmsnt ofacias In Washington
- records turned over by the new
Seaama Canal COM any showing who
~ The >Ao.ooo.ooo pa BY the United
lness for the canal hArs % far been
unavsi'ins. There are 1nN1D Dtiai ru-
nsPs that shoss portionI the rec
teds containing the nam@ Of the ac-
ssa' recipients OF the 100000 900 have
ben destroyed =
If this 10 90 II will ,be impossible 10
e@ciaiiy ascsrtain the names OF tn.
members Of the american syndicate
Who Are supposed to have bought up
the securities OF the canal company at
vsry low prices lfrom the French
holdsrA confident that william Mel
pa Cromwell. be4auss of his extra
eed'nsry innuenfe with Prssident
hoossvst and ths then secretary II
var. ,wiliism II. Taft. wohld succeed
In uhiessiag &hs canal on the Unitsd
seasss ~ Z fancy ngure which would
,sivs the stnascass . Auss pront
I way Stated yesterday that an al
~ Ysmber of the syndicate was
y n sheldon. the banker. OF No.
Vall ytreet. who 10 treasurer OF the
Repusnsaa uatsoaal committee ana 10
colncting campaign funds In behalf OF
Nd rsn The appcsntmsnt of Mr..
eA1don a treasurer OF the committee
pea1n trsssurer. and when Mr.. crom-
wsu learned Of this he telegraphed
rIed ssates and i~ho y the directing
49, behind the throne OF the Taft
eampsixn. Mr.. Cromwell Is Il. H. Har-
r4en's lawyer. Mr.. TAFT had selected
] Representative Mckinley a. his cam
49, treasurer. and when Mr.. Crow
~ slsrnsd of this ne tslesraphed
Tsfs. who was then at Hot Springs.
- withhold the appointment untii he
eou1d sss him.
~. Cromwell reached Hot Springs
, fhs fcilowing day and the same day
vkr y sAs,don's spD6intmsss a trsas-
uFsr Of the Republican national COM
mittss was announced.
~. Cromwell and Mr.. sheldon are
dirsctors In some OF the same corpsr-
stionsl Mr. sheldon n the representa-
tive of ,. Pisrpens Morgan In several
Porpo.ations and 10 rsarded as q
4ergah man In the Wall street
district.
NJ. Cromwell II on record. before
ths rnssrocsanic Canal committee Of
tho United States senate. AZ having
sworn he ala not make q penny Of
lpeent out az the so. 900. 900 sale out
(ads OF his Tee a. counsel for the
rsnch Panama Canal company.
o(arch has failed to reveal any rec
81 Of his having sworn that Ameri-
canA ala not share In the $40. 900. 900
paie BY this government supposedly
% ne French holders Of the French
,csna1 company.
Aecoreing 60 information obtained
~ NE World yesterday the members
- the Ahsrican syndicate founr Il
oeeessary q raios . fund OF only Ss.-
$4,000 % ut q substantial share of
the securities Of the French COM
pany. There vas also q large sub
scription 70 me Republican national
cauSpaign fund by which II 10 said
ths support Of the late Mark Hanna
vac won over 20 the Panama route
- against the Nicaragua route.
which many engineers conceived 10
hs more feasible and cheaper. sena-
ter Hanna was at that time the most
ianuentiai member OF the United
states senate and he 10 credited with
having won over the requisite num-
ksr OF senators 20 practically COM
As the government to the route
which Mr.. Cromwell had for sals snd
by ~iich the American syndicate ex-
psred'to reap . big pront.
Mr.. Cromwell. as the selling agent
OF the canal. was not Idle at this time.
He had . literary bureau at work,
and II is said checks were sent every
month to sse newspapers in the In
terror Of the country In payment for
printing the product OF the literary
bureau. All Of mis- product was N