The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1908-09-20
MONEY PUT UP
TO BUY PAPER
AT COLUMBUS
Senator Foraker'S Explanation
of the ArchboId Certificate
of Deposit.
DEAL FELL THROUGH
AND MONEY RETURNED
OHIO MAN AGAIN DECLARES HE
NEVER RECEIVED A CENT FOR
DOING DIRTY WORK.

Cincinnati, Sept. 19-As part of the pur-
chase money in an unsuccessful deal for
the ownership of the Ohio State Journal
at Columbus. the draft for $4,000 men
toned in the John D. Archbold letter
made public last night In st. Louis bv
William r. Hearst was received by SEN
ator Foraker, and on the failure of the
attempt to buy that paper the draft was
returned and the incident forgotten. ac-
cording to statement given TO the As
sociated Press by the senator here to-
day.
Senator Foraker declares in his state
MIN cent or even suggested any such
payment in consideration of anything he
might do as a public man.
Statement in Full.
The statement is as follows:
The production of Mr. Hearst of the
letter of Mr.. Archbold to me dated Jan.
- INz referring to a certificate of de-
post enclosed for $4,000 and expressing
the hope that the TRANSACTION may be Sic
cessfully concluded illustrates how unre-
liable Is the memory and how easily ap-
pearances may deceive
When l first read the letter I could
nor recall that | had ever received Env
such letter or any such certificate. ] at
once called up my house in Wash;ngt IN
mere my letters of that date are on file
and mad a search made. with the result
that proposed TRANSACTION was recalled
mat mad gone entirely out of my mind.
Hustled for a Friend.
"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
sl35,OOO. He was able himself to advance
but small amount OF this purchase Irice
He applied 10 me TO help him. | did not
uOh L.
terial assistance. but for the sake OF haV-
ing the, paper in friendly hands, | was
willing to advance part OF IT. 1 applied
TO a number of friends to see II they
would not make up the balance OF the
amount Among others | applied to the
Standard Oil company. They first agreed
TO loan 10 the newspaper company when
purchased and reorSanized. SIS, 600 accord
ing to my present recollection the same TO
be secured by stock of the newspaper
company. Somebody vino was expected
TO go into the enterprise dropped out and
that made 1t nects sary for all the others
TO increase the amounts they proposed TO
advance.
Deal Fell Through.
"At the request of my friend I asked
the different parties to Increase their ad-
Vances and thereupon the Standard Oil
company did accordingly increase their
amount from $4,000 to 1000 and sent re
the letter with certificate enclosed as
stated 1t was thought at that time that
the transaction would be Immediately
closed. but there was a delay of a few
days and at the end of that delay the
whole transaction fell TO the 'gIOund he
cause other people had stepped in and
purchased the property
''Thereupon l returned the draft to the
Standard Oil company. | had no employ
ment in the matter and never derived
cent of profit from it. and never made any
charge on account OF ii 10 anybody. I
am at the disadvantage of not being able
70. nnnhanna ca
IL is on my files in Washington. And l
cannot get at 1t for the present. but am
confident that when | am able to produce
it. II will be found TO be in exact accord
with my statement
Il don't remember TO have received the
letter relating to the bill introduced by
Senator Jones of Arkansas, but whether /
received such a letter or not. t had no
reference to any employment OF any kind
from the Standard Oil company or any
body else: nor did the letters about Smith
Bennett and Judge Burkett read by Mr.
Hearst at Columbus, have any reference
TO any employment. ] favored the rromi-
nation of Mr.. Bennett. notwithstanding
Mr. Archbold's objection to him, and
would have favored Judge Burketts NOM
nation IL had not heard from Mr.. Arch
bold Judge Burkett was personal as
we'll as political friend of many years
standing and ! favored him the first time
he was nominated. which was long before
I knew Mr. Archbold.
II can only repeat that the employment
I ever had by the Standard Oil company
was set forth In my statement pub
lished Yesterday as advisory counsel with
respect to their affairs in Ohio.
Standard Oil Suits.
'It will be remembered that the Stand
ard Oil company was first sued and de-
cree of dissolution was entered in the SUI
preme court which made II necessary for
the company TO reorganize. Difficulties
arose In carrying out that decree. which
DELAYED their reorganization. and proceed
ings were instituted against them by At
torney General Monett in the supreme
court to enforce the former DEGREES for
other relief. 1t was then that was en-
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