Daily press. [volume] (Newport News, Va.) 1896-current, 1908-12-02
1URov; Lo:As inquired INTO
Occasionally When Ccrnered, Trust
Official Has Recourse to Pea That
Ne Must Consult With Counsel
Has No Knowledge Of Big Loan by
His Company.


unra>.l I'll" l;iXI.iNG own. rShip # n"
: ;.I',tv OH Company Of Texas and
q !. + oil cumfa!Mi"a which the E'.N"rn.
lM"r; charges are controlled Ivy me
s;t?ndard on Company. Frank i. k".-
;c,". F"h' ~ COW sci IN III" tinted
: "l"S 2ry"rnm. int suit /" di>s"'H"
t." SO. ali, oil :r".'. %uhJ"1'i' Ct John
y. hrr!huId 10 a %r.ilir- cross KAN
is:Ai.,,n .odar. Mir. kellogg ais"
sought informal on rrc2rtlng certain
mysterious loans cf $-.'"","m IA"
to ,!aHlcs M"N' valid by tn" An@I"
Arl, ric4n Co.'s At:y. 81 Standard sub
Sit,ary. but Mr AIchh"ld. 4 dire ct"r
CT the Anglo An"r:' an rr:r- any. was
ur&l,n 10 throw any li@h; upon tn"
question.
Light Lorg Sought.
For over year the SnvCrrm"nt
Counsel has been trying TO obtain III
Formation regarding these GoHatlons,
but has failed. The government al
legged the loans w"r" rEade to "nah.c
n" STANDARD 20 5 cretly Purchase the
Manhattan Oil Company of ONO.
MIR. Archhod eaid that he and Hen
~ n. Rogers resigned as directors OF
the ArElo American Company shortly
after their election a year ago. The
vicc-presdent of the Standard &, nieo
that he destinations were brought
about by the present government pro
cced'nGS.
Mr.. Arcilbold was closely question
cd atout many pipe IlnoS and rcfner'
les which han been purchased ~ IN"
10 Innia6 that ,nn REIN
cries had been bought tnat the: mus.
be dismantlcd, tn rcby removing com
petition They w're secured, Mr..
Archhold said. to succeed 10 their
volume OF business.
H.. Is active Official
When asked # he was a leading
official of tn Standard. Mr. Archbold
said he was active.
DO YOU know ANYTHING about the
Genera, Industrial Development SIN
dictate. Limited. of London?' asked
Frank B. Kellogg.
Il have h ard Of it since these hear
;ngs began.
Is it controlled directly or :ndl
rcctiv bv the Standard"
NO to my knowledge"
"Don't you know that tn" General
Industrial! Syndicate Company pUr-
chased the Manhattan Oil Company o:
Ohio"
No do not"
Mr. A-chbold wa asked If I va
not true that the Standard lad pr
chased thu tank cars, refnCries and
pipe Ines of The Manhattan from tne
LO?dOn company
Had Heard Of Purchase.
The witness AL he und rstocn
thct tho purchase was made. Mr..
Archhold said that Anthony y. Brady
hsd told him that he purposcd buying
tho Manhattan OIL Compan" and
wanted 10 obtain a contract for OF
rpply for tn Peoples Gas Light a.
Coke Company OF Chicago.
A contrac' was cnicrc;, mo Mr..
Archbb'd said. bu: he did not knew
the terms of tn" camc.
Witnc: Sid that for many years
lanes Mcdonald was ma1ac"r in
England Of ihc Anglo American Con-
pcnv and severed his CoEn' ctiOn three
or four vars ago.
Nr. krchbo!,, alton on was called
to he loan % 81 7H"mro which tn
ISncio-Amcrican had made to Melon
All. hui h" said he kr"w nothing Of
hem.
"Aro-rt this tim" tho General In
drs' rial Company lTrCht til M'nha'
tI3 Oil COmpanv was tn" Mcdonald
loan for tha; purpose
Il cont know" SAID Mr.. ArChboid.
No Longer 4 Director.
Wi Won pTo nc" tho london
hook" Of IN" AnGloAmerican Com
rauy7"
y don't think ! have them. am
not n director BOW
n LIST furnished wv yorIr company
| elbows th~t ycu w'rc "lcr'"d dircc-
Tor =: IN hrx,o IN inc. 1907
Y think rcsigT."d shortly after
that"
Did son rc iEn as result Of this
| invcstigs.'on?'
u shouid M; say az"
IN response to Later qu"s Joining hv
Hr. Kellogg In regard 10 tho Melon.
I'D lcsn. tho witness said hc could
not explain tn" lcs1. az h. had no'
| investigated IT,
why. didn't YOU tnvcstig1tc az
Il didn't feel called upon 20 do so. &c
viii you try TO find out about the