The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1924-02-15
New York Financier Admits He
Bases Statements About Harding
Paper on Rumors
Declares Purpose in Speech Was
to Kill Gossip Being Broadcast
Over Nation
BY PAUL r. MALLON
United Press staff Correspondent


WASHINGTON, Feb 15-In two Of the severess
grilng yet examination any Witness the
Teapot Dome committee today found Frank A
dep information which base his that the
sale of the Marion Star by the late President Harding ought
be Investigated.
'on the evening of Feb T. did you make speech at
Ossining9''
mo Cliff Ossining The subject Courage
in leadership
credited newspapers having said that
there something wrong with the sale of the Marion
Star by President Harding7" >
''What in Washington and
throughout the United States and the this
story That substantially what said the said
the rumor far above gossip
Il admit had no facts to substantiate the
Should Down Rumors
something like the whispering campaign heard in
Hardings election believe respect
memory Harding these scandalOus should
be downed,'
'What information did you have2 Lenroot asked.
Ony having heard this story from responsible people,
"And you thought it your duty to give it pubicityf'
Il thought it my particular duty
Louis r. Roy D. Moore, bought the Marion
Star in June 1928 Harding
ready testify after Vanderip
Continuing his statement, Vanderlip said:
,''As known every newspaper Office, it
seemed brought surface
the scandal stopped.
Ibid you say that in your spoech1' asked Lenroot.
Il did"
No Legal Information
Then you cannot give this committee any nformatonf
q legal information We have heard
about the price of the transaction What was bought as
dersand only part interest do not know of my
knowledge the exact price paid.
"The current story $55OoOO I've 5000
share l don't know how many shares involved.
II heard payment of $4,000 year be made
contributing editor, but go Mrs Harding
event of Mr. Harding death.
'I have information o the value of the paper
Do you know anything the earnings Of that paper9
~ nothing but have heard from $4,000 $70O0O''
And you have other facts upon which base such
you made?''
~ had sufficient facts base the statement madohat is
chat these had That is all said
should be traced
Made No Inference
~ made nferences at all to where that money might
from but stated the the newspaper had brought
than it worth
'What did you think mpled3'
'There clearly implied in the that from some
quarter for had been paid for the paper
vanderlip replied
"WIy didn't you communicate with the committee?'
81 have connection with didn't know
there connection between public lands
Ohio newspaper
You thought these broadcast throughout the
country and ought to be stopped2' asked Lenroot.
Do you think it the duty of public standing in
public speech to assist in circulating
To Wide Attention
THAT wasn't the purpose in The purpose
bring these wide public attention they might be
killed.
''What do you by responsible quartersY Do you
mean they knew what they talking about?'
No never heard any say they professd to know the
facts-merely they have heard rmors.''
And your only purpose Mr.. Hardngs namer
1T certainly What other purpose could Twas
friend of Mr. Harding I've had much experience with
and gossip all my life There distinct difference between
rumors and gossip that from responsible quarters
What did by your statement about the
being afraid question former Secretary of the Interior F
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