The Chattanooga news. [volume] (Chattanooga, Tenn.) 1891-1939, 1920-06-04
'STEBBINS NOT I
TRYING TO HIDE
Woods Eastern Treasurer
Calls Report Ridiculous.
More Light on Funds. !
LOEB, JR., GAVE $4,000


OF New York. eastern treasurer for the
Wood national campaign committee.
explained to the senntc campaign in
vestigating committee today why ofii-
GERS OF the senate had been unable to
locate him to serve a subpoena for his
appearance at the inquiry.
Nothing could be more false than
the implication that I have been evad-
Ing an appearance here" he said. II
have been on trip In the Canadian
woods, which was planned long ago, and
took me more than sixty miles from n
telephone or telegraph line The idea
that | have been trying to hide Is
ridiculous"
Asked 10 explain the eastern nnanc-
ing OF the Wood campaign, Mr.. Steb-
bins said he had received money which
was sont through Wihlam Loeb and his
associates. | paid Il out by authority
OF Colonel Proctor and Mr.. Loeb"
'Mr Loeb sent s225,ooO from New
York TO Chicago" Chairman kenyon
tnterposed. Does that appear in your
nccounts2"
II don't want to get any duplication"
the witness replied That S225,000 Was
included in both my accounts and those
at Chicago"
Both a. a; sprasue, the Chicago
Stebblns said. were including that sum
In their statements.
May II. $4,000 from Mr.. Loeb" he con-
tinued. "At the same time memoran-
DUN of that amount was sent to Chicago
to Mr.. Sprague, though the money itself
never got there
'Then / received s77.iso from Chi
cago." he said, "and about $4,000 from
the ways and means committee In New
York city"
That committee is compo.sd q!
rather prominent men in New York;"
Chairman kAnN0n
Yes" Mr.. Stebbins answered. adding
that Herbert Satterlee was chairman
and that the compitteet about 100
we had luncheon every week In
the endoavor TO raise funds" he con-
tlnued, I'VE considered New York too
good a hed for contribution 10 leave
to n committee financing a local cam-
paign only, 80 all OF the committees
collections were sent 10 me"
There was final figure on his books
Of S2i 900. which came from IT, 500 sub
scribers through the National Leosard
Wood league. he said.
Stebhlns said he received check for
81 GOO from Ogden Reid yesterday. but
returned It because there was no-
body to indorse IT,"
wNss sSsSeeg SSsSe .bhn. e ,hs sS ss sss o
ReniEntion's receipts were sl6d,27i and
its disbursements SlSS.S5A
Tho receipts OF the Gen. Wood cam
paign committee up to June were
S27p,35O. stehhlns said,
From the New Fork city ways and
means" committee of the Wood cam
nnlRn. Stebbins said he received $4,000.
Ne named Herbert l. setter'ee as
From isS00 Subscribers h, received
an additional S2t 800 StebhsnE con.
tlnued The subscriptions ranged from
dollar UPWARD. he sSplaied .,s hs
asinSS .,snss ana apa nasana corpWlstse 2ayla IN
r;ondrlch III fho Coo9fith Riibbef NIs
company; Greenvlile ClnFIs. iawyeri
lelihu Rcbt, lawyer; Harold n Clark,
lawyer; f.anEdon q. Marvin. q. lawyer;
Dean Save, lawyer and Ambrose y.
Mcneil. steel and nickel manEnate.
''By Implication II would appear !
before this committee" stebbins said.
Nothing could he more false. ! had
planned trip 10 the Canadian woods.
/ was In the woods for ME days, mics
from amy telephoo or telegraph nave
never had n subpoena served on me.
have nothing In tho world 10 hide and
the Idea | had anything to hide or
wished to avoid testfyig before the
committee IL ridiculous,
"My family has been persecuted py
sergeanta.at-nrm and deputy United
states marshals seeking me with
stcbbins said he did not know where
Loeb had raised" the s22b,ooO, Loeb
Don't YOU know who Loeh's con-
tributors werof" Senator kenon asken
mo. do not" Stehhins answered.
"T tried to get Loeb on the phone
nj New York cit before I came here,
but was unable TO do so,'
'Weh luncheons were held IN New
York city to talk over the hnancing o.
the Wood campaign, Stebhins salu,
The storm struck wheil Euheom-
mittee was investigating the Wood
I.owden contest In the Fourth district
McCraw issued statement contain
ing his charges against the hhhauh-
T.owdcn machine. Things went tns
Hnmon made his loan" TO Vernon W.
Whltlng. chairman OF the republican
state committee. a. go
unmon and MeGraw met face to facs
I'm the national committee room ana
precipltnted bitter figh. -.
"Now McGrnw. tell the truth about
this" shouted Hamon after he haa 'vaa
sIt's true. every word OF H." retoFted
NrC;raw. "'rhe courthouse fev'os
down I'm OsaFe count viii prove ~
TX mortgage on Writings horne anu
uersonal property II recorueh theFe.
,,,rhcre are 10000 transactions every
day In my business" said hamoh;
don't know anything about sui
loan. II one was made--and deuot y
n was made by my company WITHOUT
nv knowledge" 4.
McGraw turned and walked away. -
~. atd so Uamon shouted after hims
NpIIes cheap haty. that's what ne
ia cheap baby" -,
total Of si,s52 9i9 has been spent
thus fnr IN financing Gen Leonasa
Wooda presidential boom, Horace Sien-
bis casiern treasurer Of the Wood
campaign. testified. t....
SfebbIns presented 20 the committee
financial statements which eorrooorstsa ..
the accounting proviousy reo,u,s reosrSu
rrocer and the wood national treasesSr.
~ eVnerditure oC q total of st.t74alp.
Te the SpraEue total Of N;litals
gt ebbins however, added an edalt,o1sA
~ nO6 of Wood expenditures. which,
he explained brought the complete To-