The Sentinel=record., 1912-08-23

Senator Williams, "and elephant to- morrow"
 Senator Reed attacked at length the so-c called Morgan interests and con Icluded with the declaration:
 That concern, it seems to me. having cornered the iron and steel business of the land, largely control ing its banks and it's trust companies and it's transportation lines, has con cluded at last the time has come when it can own q president. They started their handy man. Perkins, out to finance his campaign and they thought they would win. They got in sc deep before they knew it that they could not get back up, and now they are standing before the American people almost apologizing for their existence, anu Roosevelt is trying to pretend to the American people that Perkins is here like a man already repentent, coming with tear-stained eyes, to make up for past misdeeds-- 2 stranger in the Roosevelt camp"
 Senator Reed called attention to the fact that the Archbold letter to Senator Penrose, announcing the en- closure of $25,00o, bore date of Oct. 1S, 1904
 Can the senator state whether the sl00000, which was also paid by the Standard Oil people, was paid on or prior to the 18th day of October he asked
 Senator Penrose said he thought it was paid "on or about that time, per haps a little time before
 The letter President Roosevelt wrote Chairman Geo. B. Cortelyou of the republican national committed telling him to accept no contribution from the Standard Oil Company was sent about a week before the election" Senator Penrose declared
 As l understand, the money had been received before this letter of Mir. Roosevelts was dated" said Sen ator Reed.
 Considerably" said Senator Pen rose.
 Had the money been spent, or was it on hand, and was it in fact return ed z? asked Senator Reed.
 The information have always had as to the transaction was that Mir. Roosevelt was advised that the money had been spent and could not be re- turned and the letter was sent te make a record for future reference" replied Senator Penrose.
 Do you know that any large sums of money were contributed to the na- tlonal republican committee in 1904 that were ever returned to the don- ors?" asked Senator Reed. The returning of contributions is such a rare instance on the part or political committee that if there had been any other case 1t would have made profound impression on my mind, and 1 do not recall any others" replied Senator Penrose.
 Senator Reed asked whether Mir. Penrose knew of any contributions to the campaign fund of 1904 by the Mis- souri Pacific, Southern Pacific. or Gould interests.
 T have no direct knowledge" MT. Penrose answered, simply my infor- nation at the time that large contri- buttons were made from those inter ests"
 You mean that while actively en- gagged with the republican national committee as a member of that com mittee, you understood that these in- terests had contributed heavily to the fund.-" asked Reed.
 That is correct" said Penrose.
 ITO what extent were the acts of the national committee concealed from Mir Roosevelt?" asked Senator Reed
 My observation of MT, Roosevelt, {" said Penrose, has been that he was well calculated to have pretty supe- rior knowledge about everything that was going on in the national commit tee. I do not think there was q day. and in some days, an hour in the day. that the chairman of the national committee was not in communication with him over the telephone"
 Senator Stone wanted to know how the S3,000O00 which Mir Penrose had said was raised for Mir. Roosevelt was used.
 q meant to state" said Mir. Pen rose, that the object of this enormous amount and unprecedented campaign fund was the ultimate control of the regular republican convention at Chi easo. What underwriting has occurred since then for the third party re- mains to be developed"
 Senator Borah interrupted to say about the activities of the republican national committee at the Chicago convention
 The majority of the national com Imittee exercised every opportunity possiole to restrict and restrain the efforts to purchase colored Taft dele gates at $5,000 a piece replied Sen ator Penrose.
 I suppose the senator is not pre- pared to state how they got them back2" asked Senator Borah.
 We got them back by appealing to their manhood and their reputation for honor and integrity, and in most ev- cry case We got them back" MT. Pen rose answered.
 q take it, MT President. that the men who would wander off the reser- vation for the purpose of raising the price, could not have very much man. hood left to appeal to, to get back Senator Borah said.
 When the senate came to the final