The Washington times., 1921-03-02
SENATORS GET !
'LOANRECORDS
Mass of Documents Relating to
Foreign Credits Comes From
Treasury Department.
DELIVERED IN BIG BOXES
Reed Incensed Because Papers
Are Not Assorted Kelley De-
MES Effort to Hinder.
DELIVERED IN BIG BOXES

Photostatic copies Of all official
documents and other papers bearing
on foreign loans and other commit
ments were delivered to the Senate
Judiciary Committee today by the
Treasury Department.
The documents filed six large
wooden boxes, which. conveyed to the
Capitol in a truck. were piled on one
side Of the committee room.
PLAN TO CONTINUE PROBE.
The committee agreed to place the
boxes and their contents in the Gus
tody of the Sergeant -at-arms OF the
Senate. and to ask the Senate for
authorization to continue its investi-
cation Of the foreign loan situation
during the approaching recess of Con-
gress.
Delivery OF the photostatic copies
was made in compliance with reso-
luton adopted unanimously by the
committee which directed" Secretary
of the Treasury Houston to furnish
the committee with all docuYpents In
yclytpg financial transactions between
thEs Treaaury Department and foreign
governments.
Nicholas Kelley, Assistant Secre-
tary of the Treasury. in charge Of
the foreign loan division. who ac-
companied the boxes of papers to the
committee room, explained the origf-
nails were still in the possession OF
the Treasury Department.
Similar photostatic copies were In
the possession of the State Depart
ment, he explained. He said he and
Secretary Houston. while they still
remained in office, desired to CO.
operate with the committee in pur-
suing it's examination of all docu-
mentary evidence of foreign loans
and other commitments.
FAIR PLAY, SAYS KELLEY.
eve desire to play fair with the
committee" Kelley said.
Senator Reed, Democrat, OF Mis-
souri,. author OF the committees reso-
luton making it mandatory upon
Secretary Houston to deliver the
papers. expressed "much irritation" at
the form in which the documents
were delivered.
When two husky truck drivers
staggered into the committee room
with the first of the boxes. the eyes
of Senator Reed and other members
of the committee opened wide. A.
the other boxes followed. and blocked
one side of the narrow committee
room. the stares of the Senators in-
creased
Senator Reed demanded to know if
the papers had been properly as
sorted" SO they would be of easy
access"
REEDS IRE RoUsED.
ut seems to me these papers are
being dumped here in one great mass
so as to render the task of the COM
mittee more difficult" Senator Reed
said. 1T will take a week to ex-
anime the contents OF these boxes"
Kelley heatedly denied the Treas
ury Department had any other object
than to furnish the committee with
all the data that had been requested
of it,"
1--WE want to assist the COMMITTEES
as far as IL lies within our power"
Kelley protested.
1t developed the State Department
was in custody of additional papers
bearing on foreign loan negotiations
which were not In boxes delivered.
Kelley said he was certain there
would be no objection to these pa
pers being also delivered to the com
mittee and he. personally, would TO
to the State Department to arrange
for their delivery.
"They would not fill one of these
boxes" Kelley said. indicating one Of
the plain wooden Containers" heaped
on one side of the committee room.
Senator Shields. Democrat, of Ten
nessee, called the committees atten-
tion to the suit of William Randolph
Hearst to restrain Secretary Houston
from utilizing further the funds OF
the Treasury Department to make ad-
ditional credits or advances to for
eiRn governments and Secretary
Houston's reply thereto.
LIBERIAN COMMITMENTS.
Senator Shields said that in. his re-
ply Secretary Houston stated advances
to Liberia would be made only for
specific purposes for which commit
ments had previously been made, and
that these commitments had been the
result of negotiations between the
state Department and the Liberian
government.
Kelley was asked regarding n loan
OF s2.ooo,o00 Senator Shields said he
understood. had been made TO the Ia
berlan government by y. Y. Morgan
a. Co.. Kuhn, Loeb a Co. and another
American banking Arm.
~ do not believe the loan amounted
10 more than si.00o.00 Kelley said.
Were the commitments discussed
by the state Department with the
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