The Washington times., 1924-02-21
MEMBER IS
LISTED ON
BROKERS
BOOKS
Records Show Other U: S. OF
ficiaIs Also Speculated in
SincIair's Securities.
By KENNETH CLARK.
international News Service.

international News Service.
The name of a Cabinet officer
has been found on the books of
New York brokerage houses which
are now being examined by ex-
pert accountants for the Senate
Public Lands Committee, it was
learned today.
The records show that this Of
fetal dealt extensively in oil
stocks, including some shares of
Sinclair, it was declared.
Are Not Surprised.
News Of the oil transactions.
which furnished official Washing.
ton with another lively sensation
in the rapid-fire Developments OF
the naval oil reserve leasing scar.
dial, did not come az a surprise to
the committee.
Members have heard reports f6i
several weeks that not only the
Cabinet officer, and Senator Davis
Elkins RJ of West virginia. dealt
IN Sinclair stock. but that an Elk.
animation of certain brokerage
houses would reveal almost whole
sale deals by Government officials
in oil and steel securities.
The most extensive transactions
were declared to have been made
by the Federal officials during thu
period that ex-Secretary Of Interlor
Albert B. Fall was negotiating with
Harry F. Sinclair for the lease
of Teapot Dome.
These facts led the committee t.
call for books Of leading brokers
three cities, Washington. New Ycr
and Cleveland.
VIII Be Made Public.
Though the names of Governme.
officials who are listed on stot
books are being withheld tempo:
arily, committee members indicate i
today that the full light Of pub.
licity would be thrown on all these
transactions at open hearings as
soon as the accountants finish their
audit Of the records.
They have concluded the examina.
ton Of books of at least two prom.
lnent brokers, and the results OF
their investigations have been re.
ported to the committee.
From these preliminary renorts
it was indicated that the tran being
followed by the committee through
the stock books may lead to unex.
pectedly high places in official
Washington.
Regardless Of what the books dis.
close, members Of the COMMITTEES de.
clared they would reveal nothing
connecting these records in any
way with the oil leases or the ne.
gotiations surrounding the leases.
The committee itself, for the first
time since the ten.day recess was
called last week, did not schedule
formal meeting today. Unless
some new and unexpected develop.
ments arise, Senator Lenroot daep.;
of Wisconsin, declared no session
would be held until next Monday
when Senator Walsh Den.) of
Montana, leader Of the Investigation,
returns from a short vacation in
the South.
Others to Be Heard.
On the other hand, Lenroot ad.
mitted that 1t was possible the com.
mittee would resume sessions be.
fore Monday, possibly to hear e. B.
Mclean, wealthy Washington and
Cincinnati publisher. whose personal
counsel has been in consultation
with Senator Wheeler Dem.) OF
Montana, author OF the resolution
for an investigation OF Attorney
General Harry M. Daugherty.
Mclean and Daugherty have
been warm friends. Mclean has
been in Washington awaiting q call
since last week.
Meanwhile, with rumor falling
over rumor and the committee con.
fronted with a maze of reports in.
dicating even more startling revela.
lions than heretofore unearthed. the
special counsel. Owen J. Roberts
and Atlee Pomerene, were pressing
fnrwarA Vn ufefIx, ~rrleA A~a1-a1