Evening star. [volume] (Washington, D.C.) 1854-1972, 1908-09-19
NOT FOR IMPROPER USE
Denies That It Was Intended to In.
fuence His Attitude.
BORROWED TO BUY NEWSPAPER
Intended for a Friend-Loan Was
Returned to Standard Company
and Was Not Utilized

CINCINNATI. Ohio, September ia:
| part of the purchase money in an unsuc
cessful deal for the ownership Of the
Ohio State Journal, at Columbus. the draf
for $4,000. mentioned in the John d
| Archbold letter, made public last nigh
| in st. Louis by William r. Hearst wa:
received by Senator Foraker, and on the
failure of the attempt to buy that paper
the draft was returned and the inciden
| forgotten. according to statement giver
here today.
| The senator declares in his statemen
that no one at any time ever paid him 6
cent. or even suggested any such pay
ment, in consideration Of anything M
might do as a public man. The Statement
| is as follows:
THE production by Mr.. Hearst of the
letter from Mr.. Archbold to me. datet
January %. 1902, referring to a certificate
| of deposit inclosed for $4,000, and ex
pressing the hope that the TRANSACTION
might be satisfactorily concluded, illus.
trates how unreliable is the memory ano
when 1 first read the letter 1 could
not recall that I had ever received any
| such letter or any such certificate. I at
once called up my house in Washington
where my letters Of that date are on file.
and had a search made, with the result
| that a proposed transaction was recalled
that had gone entirely out Of my mind.
Friend Wanted the Money.
"a friend of mine-a newspaper man
Informed me that he held an option on
the Ohio State Journal to purchase it. ac-
cording to my present recollection, for
1885, 600. He was able himself to ad-
vance but a small amount of this pur-
chase price. He applied to me to help
him. I did not have enough money to
be of very material assistance, but for
the sake OF having the paper in friendly
hands L was willing to advance a part
of 1t. 1 applied to a number of friends
to see If they would not make up the
balance of the amount. Among others, 1
applied to the Standard Oil Company
They first agreed to loan to the news
paper company when purchased and re-
organized, $35,OOO according to my pres
ent recollection. the same to be secured
Somebody who was expected to 90 into
the enterprise dropped out, and that made
II necessary for all the others to in
crease the amounts they were proposing
to advance. At the request of my friend,
asked the different parties to increa Sc
their advances. and thereupon the Stand
ard Oil Company did accordingly increase
their amount from $4,000 to $4,000. and
sent me the letter with certificate in
closed, as stated. 1t was thought at that
time that che transaction would be i'm
| mediately closed, but there was delay OF
| few days, and at the end of that delay
The whole transaction fell to the ground.
because other people had stepped in and
purchased the property
'"Thereupon l returned the draft to the
Standard Oil Company. l had no en-
ployment in the matter and never re-
ceived a cent of profit from it, and never
made any charge on account of 1t to any
body. l am at the disadvantage of not
being able TO produce the correspondence
| because 1t is ii my files in Washington.
And | cannot get at it for the present,
| but | am confident that when ! am able
to produce IT it will be found to be in ex-
act accord with my statement.
| Il do not remember to have received the
| letter relating to the bill introduced by
| Senator Jones of Arkansas, but whether
L received such a letter or not it had no
| reference to any employment of any kind
| from the Standard or anybody else nor
|
| Judge Burkett. read by Mr. Hearst at
| Columbus, have any reference to any
| employment. | favored the nomination
OF Mr. Bennett. Notwithstanding Mr.
! Archooids objection to him. and would
| have favored Judge Burkett's nomination
| II l had not heard from Mr. ArchboId
Judge Burkett was a personal friend OF
| many years standing. and l favored him
the first time he was nominated which
was long before knew Mr.. Archbold.
/
| The Ohio Litigation.
| Il can only repeat that the only en-
ployment l ever had by the Standard Oil
Company was. set forth in my state.
ment published yesterday, as advisor,
counsel with respect to their affairs in
| Ohio
| 1t will be remembered that the Stand
ard OIi Company was first sued and a de
| cree of dissolution was entered in the
| supreme court which made 1t necesSar,
| for the company to reorganize. Difficult
ties arose in carrying out that decree
| winch delayed their organization, anC
| proceedings were instituted against then
| by Attorney General Monnett in the su.
preme court to enforce the former deere,
! and for other relief. 1t was then that
| was employed. not to participate in the
| litigation. which was in the hands OF com
! p3tent counsel but to investigate the
the statutes in Ohio applicable to the
| company and the case against It, the de
| cree of the court and all the records in
! the case. with a view to advising the com.
pany how. in my opinion. ii could mos,
| safely proceed to comply with the orders
! of the court and conform to our statute
and so reorganiZe as to not violate an,
| law or any Judgments. This work In.
! volved frequent consultation with the at.
torneys of the company. the examination
! Of the voluminous records. the judgment.
| and DEGREES of the court and a genera
/ study of what was best to be done no
/ TO evade law and the DEGREES of the
courts. but to comply with the same.
National Legislation Not Involved
| Nothing connected with this work hae
relation to anything whatever pending il
Congress or to any matter in which the
national government was interested in the
| slightest degree. nor did anything con
nected with the employment relate to Oh
| conflict with any duty of mine as a sena
tor.
THE company finally concluded. as {
| result of all the Investigations and con
sultations and advice, to reorganize b.
Incorporating under the laws of the state
of New Jersey, and then my services end
| Continued on Second Page)