Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1924-03-21
Oil Magnate Will APP
y pear Before Senate
PrObers TOday-Will
Be Quizzed on Wide
Range of Subjects
To Seek Truth of
Story About Wiping
Out G. o. p. National
Committee Deficit

Washington. March 2O.--A sue
cession of thrills Is looked for to-
morrow by the oil committee with
the appearance before II OF Harry
r. Sinclair, upon whom a subpoena
was served today at New York.
The senate Investigators are pre-
pared TO question Sinclair on a wide
range of subjects. some OF which
have gone into rather exhaustively
through other witpcsses and others
which have not yet been touched
upon.
Among the new phases is a story
that the New York oil mngnate
turned over Il large batch OF secur-
tiles to VIII II. Hays. former post
master general. and Attorney Gem
cral Harry NJ. Daugherty to wipe out
the deficit OF the Republican Ma
tional committee incurred In the
1920 campaign.
The committee had hoped to 80
into this rumor today, but G.. ID.
w dIllBtibp lOi litI SCNi
to Sinclair. who was to be question
cd about It failed to respond when
his name was called. Later COM
mittcemen learned that he had been
ordered to Havana. Cuba. by his
physician because OF i'll health.
a subpoena for VIII II. Hays has
been issued by the committee and
he Ia expected to be here Saturday.
- To-. 4
ohio. also Is summoned for that day
to toll what he knows. IL anything.
about rumors OF "oil deals Mt the
Republican National committee at
Chicago In 1920.
In connection with the Chicago
gossip the committee today issued n
subpoena for Al Jennings. ut Los
Angeles. once famous train rohbcr
Of Oklahoma. 1t will not he possible
for him to reach Washington before
next week.
Information reaching Senator
Walsh. of Montana, the committee
prosecutor" Is that jennings WAS n
close friend of Jake Hamon. for
mer Republican national committee
man from Oklahoma. who was al
legged to have offered his support to
Major General Leonard Wood at
ns secretary OF the interior.
In the absence of Wahlberg the oil
committee held only n brief session
today and IL provided one OF the
most colorlesa of the now six months
old investigation. Thomas ]. Ryan
of New York. appeared voluntarily
under oath that he ever, had dealt
in any oil stocks. He asked for nm
apology from the committee for
bringing his name into the inquiry.
Senator Walsh told him that an
apology was unnecessary; that u
was case of mistaken identity. ana
that personally he regretted that the
mistake had been made. Ryan then
said he had no doubt that 1t was an
honest mistake" on the part OF the
committees auditor. Louis Il. Band.
Recalled to the stand Bond eN-
planned how he had reached the err
roneous conclusion that the account
with W. II. Hibbs and Company In
the name of T. J. Ryan was the FOR
mer representative. and asserted that
primarily the fault for the error was
chargeahle TO Hibbs and Company
for Withholding facts in the matter.
BEFORE leaving the stand and thus
bringing the committee session TO n
close. Bond read into the record n
detailed account OF the oil stock
transactions of Jess w. Smith. con-
ndant of Attorney General Daugh-
erty, which were carried on under
the entry OF "W. w. Spaid. Number
3" Spaid is n member OF the Hibos
firm
This account showed purchase
OF | 700 shares OF Sinclair and other
oil stocks in 1909. the sale of 500
shares at a profit OF 81 ,h3l, and Nn
shares remaining long" In the nc-
count at the end OF 1922.