The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1924-10-02
$4,000 IN BONDS
WENT TO FALL,
ISCHARGE OF us.
Received Dividend While
In Cabinet, Charged
In Affidavit
= fBy RAYMOND CLAPPER
1By leased Wire to The Age-Herald)

WASHINGTON, Oct. Another
link the chain of evidence around Al
bert B. Fall has-been disclosed by the
special government counsel prosecuting
the Teapot Dome and Doheny oil cases
500, 600 in liberty bonds, which Fall
is declared. to have held within few
DAYS after these bonds were distributed
as dividends among stockholders in the
Canadian Trading company, a concern
which had a, curious exclusive, contract
with two of Sinclair's companies.
The bonds discovered in Falls posses
sion bear the same series numbers as
those distributed by the Candian Oil
company. The detailed story was pre-
maturely made public through an aft
davit filed by the special government
counsel, Atlee Pomerene and Owen
! Roberts, with the Ontario supreme court
at Toronto.
Story OF Affidavit
The government hopes to prove that
series of paper dealc were engaged
| in by which Fall profited from activi;
ties of the Sinclair interests while sec
rotary of the interior two months after
the Teapot Dome lease was signed with
Sinclair. Here, in substance, is the
story told in the affidavit of the gov
eminent counsel:
Late in 1921, the, Canadian Trading
company was organized at Toronto will
II. s. Osler as president. Osler il
said to have been connected then witt
the Midwest Oil company controlled by
the Standard Oil company of Indiana
which also holds half interest in Sin
clair's Consolidated Oil Company.
This company contracted with thu
Texas and Mevia companies of A. u
Humphreys to buy 33,333, 1888 barrels
of crude oil, and on the same day con
tracted to sell this oil to the Sinclair
Crude Oil Purchasing company and tn
Prairie Oil and Gas company, at ar
advance, of 25 cents barrel over thu
| price paid to Humphreys.
Without Physical Duties
Thus the Candianu company exercise,
purely paper function of buying an,
Immediately reselling to Sinclair at ,
fixed profit without having any physica
duties in connection with the oil itself
SO far as is disclosed, the Canadian
| company did no other business.
Between January /, 1922, and Ma.
20, 1923, the concern made profits o
more than $2,OOO,O00 out of these pape
oil transactions.
In May, 1922, the company bought
through the New York branch of tn
Dominion bank, 100000 in libert,
bonds, the serial numbers of which hay
been obtained by the government, tn
bonds to be distributed as dividends OIL
June 10. Fall is stated to have receive,
$4,000 of these bonds.
Total Placed at $225, 600
Here, according to senate testimon.
and charges of government specia
counsel, is a list of the sums allege,
to have been received by Albert b. Fal
from oil interests which profited b,
deals made during his regime as secre
tary of the interior
From Doheny: November, 1921
100000 cash..
From Sinclair: June, 1923, $25, 90,
liberty bonds; June, 1923. $1,000 cash
From Canadian Trading compan
with much government attempts to lin
ESinclair: June, 1922, $4,000 libert
bonds; total 500, 600.
j The $35, 900 from SINCLAIR was reeeiv
ed after Fall resigned from the cabinet
The other two sums were received Will
he was still secretary of interior.