The daily worker. [volume] (Chicago, Ill.) 1924-1958, 1924-02-06
SOLONS SILVER AS.
EX-SLEUTH SLOAN.
SOUGHT IN PROBE.
List of Stock Sales to
Politicians Wanted
BY LAURENCE TODD
al Correspondent Of the Federated Press)

WASHINGTON. - Class govern
unent, exploiting the many for the
corrupt enrichment of the few, is
on the defensive in Washington at
last, and, as it retreats, step by
step, before the enraged public
opinion that is sweeping in from
every quarter Of the country, lead
ers of the two capitalist party or
CARNATIONS are in state closely
resembling panic. The oil scandal
has engulfed so many Of the po-
1itical marionettes of Big Business
suit next November. Hardened old
cynics concede that Something
must be done, and done quick"
Fall Fools Nobody
Nobody is fooled by Albert Falls
refusal, on the day following the
exposure of McAdoo's oil connec-
ton, to testify before the Senate
committee. Official Washington has
heard that Fall has been threaten
ing to "tell everything" and before
the inquiry gets off the front pages
of the daily press, he will probably
follow that impulse. In the mean
tirSSt the committee has prepared
to tap the richest vein of evidence
yet opened--the books of stock
brokers in Washington, for the Pc
riod just preceding and following the
grant of the naval oil lease.
If the truth is secured from these
brokers' records, che country will
learn whether a ring of insiders"
got a lot of the $l00,000,00O of
Mammoth Oil stock, and whether
they made big money by selling it
to the public at 60-before it
dropped to around 40 Also, whether
they manipulated the market, and
with what result. There is a gen
eral suspicion that the names of
senator's and members of Congress
will be found on the books of the
stockholders, not only for that par
ticular period, but later.
Sleuth Sells Stocks.
Samuel UngeIeider, of Ohio, who
opened a brokerage Office here at
the beginning of the Harding ad-
ministratiOn, and placed James
Sloane, former secret-service guard
to presidents, in charge. has been
summoned to bring his books here.
Sloane, last seen in Ohio, has also
been subp0enaed. 1t is forecast
that their testimony will prove
as sensational as that of DOheny
or Fall or Roosevelt, in disclosing
the leaders of national political,
life. behind the scenes, gambling
! on the stock market, with the
aid of gigantic private interests,
whose ends they were serving
while under salary from the ma
ton.
II wish I knew how to re-draw
and political map for the 1924 cam
paign, SO that it would stay put
for a week or two" said a veteran
political writer, after the McAdoo
sensation was sprung.
"Wait until Fall has pulled the
hypocrites into the oil tank with
him, and wait until the stock brok-
ers' books are examined" was the
reply of a still older and more ex-
perienced writer. "This thing may
simply force the creation of a new
party in the United States within
a few months"
Populace Aroused
Letters pouring in from Califor-
MIA, Arizona, Colorado, Washington,
Texas, Iowa, South Dakota, Illinois
all tell the same story-the coun-
try is not merely shocked, it is
distrustful of congressman and SEN
ators who have slept happily above
this stink Of corruption and crime
in the federal government, needless
of La Follettes warning of its
peril to the national welfare. They
are angry, and they threaten to
leave the old parties.
Facing these dangers, the party
leaders may be expected to try to
reach an agreement to quietly re-
duce the scope Of the investigation,
and to discover that the Senate
should get back to regular legis-
lative activities. But any such at
tempts will be resisted by the pro-
gressive group in both parties, and
will be defeated. Something ap-
preaching a revolution in public
feeling toward thefts Of public prop
erty has been started, and it will
not be stopped half way.
"You know, the worst thing about
this oil PROBE" said former Taft
lieutenant, now serving as reac-
tionary adviser at the capitol, "is
that It makes the people lose all
faith in their government"
He recalled that the Ballinger af-
fair was enough to make anyone
anxious; the affair Of Lorimer's
purchased election shook the Repub-
lican machine; Newbcrry was all
they could stand, even on the heels
of the 100000 majority in 1920.
Now, they had just got off the
Ferbes scandal in the Veterans Bu-
reau to plunge hcad-foremost into
Teapot Dome and the wrecking Of
regulations of "big men" in both old
parties.
Something should be donel The
people might lose confidence in their
government