Daily capital journal. (Salem, Oregon) 1903-1919, 1917-01-29
NO BUSINESS RELATIONS
WITH SECRETARY McADOO
When Latter Went Into Cab
. met Fisk Only Closed Up
Business Affairs
BY Carl D. Groat

new York, Jan. 29.-After entering
categorical denial of having had any
leak information from a cabinet mem.
Der or slicing leak pool with Secretary
MeAdoo, Pliny Fisk, suggested to the
house note leak committee this after
noon that Thomas W. Lawson be inn
prisoned as periufer
He held Lawson had "wantonIyJ'
biaekened a reputable name, but that
perhaps =" it was the result of q disor-
dered brain.
While denying all knowledge of a
leak or a deal with McAdoo, Fisk ad-
mltted previous close business relations
with the secretary
Lawson 8 testimony quoting Archi-
bald White as saying Fisk had boosted
OF having control over McAdoo was hot.
y denied and provoked this outburst
from Fisk:
This statement of Lawson s about
an alleged interview with Archibald
White has gone broadcast and / think
that Mr.. Lawson should be taken at
his word and be put behind the bars
for perjury for wantonly using fepu-
said at the time that it NAV be
the result of disordered brain and in
that case the good Lord might take
care of it in his own way"
AS to knowing McAdoo, Fisk said he
had relations with the secretary when
the latter was building the Hudson
river tubes, but added since he be-
came secretary our paths have seldom
crossed'
Fisk was empowered to close up Me.
Adoo s business affairs when he went
to the cabinet, and he did this. At that
time MeAdoo turned over his securi- /
ties-mostly bank stoek-and secured al
$l12,000 loan. This was Iiquidated byt
January l, 1914, and since then, Fisk
said, there had been no dealings be-
tween the two except perhaps ga triv-
ial thousand or two dollars, such as
getting something for his (McAdoo 's)
children
II have leaned backward not to
have any relations with the secretary
that is, not to make any requests said
Fisk.
He admitted there had been some
minor letters between them since Me |
Adoo went to the cabinet, but none
about business matters except strictly |
as between Fisk as financier and
McAdoo as head of the treasury per
tanning to routine bond matters ana
,he like. Fisk denied emphatically that
he had any fayors from McAdoo, above I
What any other banker had
Attorney Whipple then delved into
he question of the federal board leas-
IS of quarters owned by Fisk.
Fisk admitted he had talked with
McAdoo about the leace.
81 told him the advantages of the
'lace and said l would like to lease the
'ffices if they were adequate and prop
r. said Fisk.
The suggestions of split on leak
'rofits between a "Senator o. Nc
kdoo and Fisk were denied emphatic.
lily and Fisk added that his records
howed positively no dealings during
he leak period with any cabinet mem
er or other high officials
Fisk submitted sheets and names Gov
ring the leak period and swore that
he names were real; that he had had
o new customers during the leak per
od, but that the firm had also done
usiness on its own account.
Fisk revealed that Jesse Sarvis, a
Washington correspondent whom he
hought had been with the Wall Street
ournal, had in the past posted the
isk firm on bond matters or informa-
ion directly concerning the Fisk house.
arvis successor had posted them on 1,
outline matters, too, but Fisk eouldll
OF at once name the successor. I,
He promised to produce any messagel I
rom that correspondent during the h
ak week, but swore he had no adj 1
ance tip or leak on the note. Il
Archibald White, named as narrator !
the Fisk McAdoo story called as the
rst afternoon witness, but wae not Il
available. Ii
Kenyon B. Conger, real estate agent I
the Hudson Manhattan railroad com
any (the McAdoo tubes) testified the h
I'd suggested the Fisk location for the ,
ederal reserve band and transacted the 4
aalings over tho lease. I
Fisk was the man who financed the a
Manhattan company. h
C0nger admitted he had talked with n
[cAdoo in Washington abont the lease ID
ut that McAdoo tfsaid he did not /
ant to talk about it'' and later said Ii
he did not think, all things consider /
!, it would be bad place" II