Evening star. [volume] (Washington, D.C.) 1854-1972, 1908-09-26


can party filled them. Whose
policies emptied them?
deposit was sent on account of the pro-
posed purchase of the Ohio State Journal
and that the proposition to purchase be-
ing abandoned it was returned on the
fourth day of February, only week after
it was received. The following letters
show this entire transaction and give all
the details except that in accordance with
be loaned by MIR. Archbold was increased,
as heretofore explained, from $4,000 to
$50. 600
First in order comes letter of Mr..
Archbold dated January 81, 1902.
New York. January p, 1902.
MY Dear Senator: Referring to our
conversation of last night over the tele-
phone after consideration we are con-
firmed in the feeling that we ought not
to make actual investment in the
enterprise proposed. We are. however.
willing to loan the party 900 to be re-
paid in five annual payments with in
terest at D 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.
I'VE trust this will impress you as being
reasonable suggestion. We will be very
glad indeed to see the matter consum
mated and agree with you thoroughly as
to its wisdom.
Very truly yours,
JOHN D. ARCHBOLD."
Hon. j. B. Foraker, 1900 18th street,
Washington D. c."
Next is my letter of January 25, 1902. to
! Mr.. Archbold. This letter followed d
| talk over the telephone:
WASHINGTON, January %, 1902.
John D. Archbold, Esq,
90 Broadway, New York
Dear Sir: The matter at Columbus will
be ready for contamination in few days
and must be closed not later than Feb
ruary /. 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,, l 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 proper
ton of the stock attached as collateral
for repayment of the amount advanced,
$780, 600, 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,
1 believe, meets your views as expressed
in your last letter to me-
IF there should be anything further
that you desire to say or have me do in
telephone. Main No. 500. Washington.
d. c., my residence, any morning until IL
o'clock or any evening after j o'clock
Very truly yours, etc,
j B. FORAKER
Then come in regular order the follow
ing:
NEW YORK. January 81, 1902
MY Dear Senator: Responding to your
favor of the 18TH it gives me pleasure to
hand you herewith certificate of deposit
for $4,000, in accordance with our under
standing. Your letter states the condi-
tions correctly and / trust the transaction
will be successfully consummated.
Very truly yours
Hon. ]. B. Foraker. Washington. D. c.
WASHINGTON, January %, 1902.
John D. Archbold. 90 Broadway. New
York
Dear Sir: 1 write to acknowledge re-
ceipt of your letter 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 up. l
will see that everything is done as agreed
upon Sincerely thanking you for what
you have done in this matter and assur-
ing you of my proper appreciation there
for. remain,
Very truly yours. etc.
j. B. FORAKER"
WASHINGTON. D. G.. February 4, 1902.
| John d. Archbold Esq.
20 Broadway. New York
My Dear Mr.. ArchbQld: l very greatly
posed transaction at Columbus has failed;
at least for the present. 1t may be re-
vlved later, but l doubt if | shall care to
bother about it any more. However that
may be, l herewith send you, with many
thanks for your kindness in the matter
New York draft for $4,000. payable to
your order. as repayment of the money
advanced by you on the above mentioned
account.
Kindly acknowledge the receipt of the
same and oblige.
Yours, etc,
u. B. FORAKER"
If MIR. Hearst had read these accom-
panying letters, particularly that from
Mr.. Archbold of January Fl and nv
letter Of February 4, returning the
money he would have known that the
certificate of deposit had no reference
whatever to the Jones bill or any other
bill.
They were near enough together in
point of time and presumab bly, neal
enough together on the files to make il
difficult for any searcher for the facts
and truth to miss them or overlook them
Mr. Hearst stated in advance of his
speech at Columbus that the letters haC
been furnished to him by "gentlemar
CD whose name he would not give 70,
fear the Standard Oil Company might
prosecute him.
Perhaps this gentleman did not FIND
these missing letters. Perhaps If he
found them he did not furnish them tt
Mr. Hearst. In any event, perhaps the
omission to read them was made because
II read they would have defeated the OBJ.
ject to be accomplished However tina,
may be, this correspondence surely and
conclusively disposes Of that matter.
The Price Bills in Ohio.
Until now I have not made any state
ment about the letter Mr.. Hearst read at
Columbus from Mr.. Archbold' to me- dated
March 9, 1900, calling my attention to
two bills introduced in the Ohio legisla-
ture by Mr.. Price. / have delayed saying