The daily telegram. [volume] (Clarksburg, W. Va.) 1901-1926, 1913-06-06
And the Light is Expected to
Be Thrown on 1t before
Darkness Comes.
OLIVER AND DUPONT
Tell the Committee about
Their Steel and other
Rich Holdings.
1.v AraocIArrp pexes,

WASHINGTON, June 6.-A1though
twenty-four senators were yet to be
heard when the Senate lobby investi-
/ cation got under way today, Acting
Chairman Reed was of the opinion
that the Investigators would be able
to turn the light upon some of the so
called lobbyists subpoenaed before
Adjournment tonight With scent of
the lobby already strong Senator Reed
was convinced that the committee is
on the right trail at last and that from
some of the scores of men who have
been summoned it will be able to ex=
tract. information concerning Presi-
dent Wilson's lobby statement
Senator Reed announced that he
would ask the Senate for an indefinite
extension of time for the holding of
the hearing. objection by Senator
Jones yesterday prevented the consid-
Grafton of similar request but the
Missouri senator expected to obtain
approval today.
oliver Owns Steel
Senator Oliver, owner of 1000
shares of preferred stock in the uni
ted States Steel Corporation. told the
committee he did not expect the tariff
in any way to affect its value.
81 have always held that SO far as
the iron and steel schedule is con-
cerned the United States Steel Cor
poration is very much less subjected
to menace than would small manu-
facturers be in change in rates,
said he.
In addition to the steel stock, Sen
ator Oliver said he had an investment
of 81 100000 in two Pfttsburg news
papers and 7,7oO preferred shares and
about fifty common shares in the
Pittsburg Coal Company, whose pro-
duct might be affected by the tariff.
Il never sought to influence any
senator in regard to the tariff on any
of the articles in which I am con
cerned," said he, nor has any one
sought to influence me improperly"
Owns Copper FOO.
oliver declined to give his invest
ment in copper or in any other line
that he said was not affected by the
tariff or other legislation before Con-
gress.
81 am perfectly willing to give the
public an inventory of everything j
own he said, but l do not think the
purpose of this investigator is to
secure an inventory of every senator S
property"
Senator Walsh insisted that it was
pertinent to add how much Oliver had
invested in copper properties.
Il cannot concede your right to ask
that" returned Senator Oliver.
You're dead right" interjected
Senator Nelson, Republican member
of the committee.
{ Tie Vote.
Senator Reed agreed with Senator
Walsh and Senator Cummins with
Senator Nelson Chairman Overman
was absent. 1t was tie. Senator
oliver said he knew of no steel lobby
and no representatives of the steel
interests maintained in Washington
on the tariff or other questions.
Senator Dupont, of Delaware, said
he owned several farms, 1000 shares
in the Pennsylvania Steel Company,
900 shares in the Cambria Steel
Company. 1000 in the National Bis
cult Company, and no powder stock.
when / came to the Senate had
small amount of stock in the Dupont
Powder Company but 1 disposed of
that long ago" said he. Il have never
felt it proper, however, for me to take
part in any debate in the Senate in
volving powder questions or to talk
with senators about the subject"