Evening star., 1926-04-25
UN0FP Wo Q o

NO FR Wo o o
Upper: Representative Gibson. Yer
mont tstaudingl, chairman OF the sub
committee of the House District com
mittee. reading a warning to Commits
sioner Fenning textreme left, sitting
that he must waive immunity II he
chose TO make his statement. Repre-
sentative Gilbert 6f Kentucky, another
member Of the subcommittee, IL seated
at the table.
Lower: Closeup view Of Commits
SiOner f'enning on the stand as tht
hearing opened yesterday.
chicago in the case against Leopold
and Loeb. To dignity with any fur
ther reply is to insult the intelligence
of the House of Representatives
Charge 10. Amount of fees: | have
never been committee OF person
that | have never seen. ] see all or
my wards at very frequent intervals.
The services rendered by me nave
been of inestimable value to my Waros
and the allowance made TO me III each
case was based upon sworn state
nent as to services rendered. Whlch
statement was duly filed in court. ana
not one penny of allowance was ever
received bv me except after the court
had passed an appropriate order or
approval.
Specific Small Cases.
charge 11-Specifc small cases:
The cases discussed under this para =
sraph are included in the schedules
mage lOIS
in the Congressional Record of April
10. 1926. the said schedule showing
that these allowances appear 10 be
nominal allowances or compensa llon
for extra ordinary services. and they
were treated by me in discussing
para graph 3 of the charges.
Charge Pirate OF commission:
| did not state In a written com
nunication TO Representative Mad =
den. nor did | intimate therein. that
NV commission was only b per cent
In most cases What ! did say in
the said communication was that
with respect to very considerable
portion of the funds received from
the Veterans Bureau | received a
commission of per cent. This IS
confirmed by the schedule of the
auditor of the. Supreme Court, DIS
trict of Columbia. set out on page
1918, Congressional Record, April
l9, 1925.
Did Not Try Deception.
Charge 13-Commission and coun-
sci fee. going back to 1903: | made
no attempt to deceive Congress when
| stated in the said communication
10 Representative Madden, and /
now repeat, that in the schedule
filed by the auditor OF the Supreme
Court. District Of Columbia, the said
schedule includes the full amount or
the commission and counsel fees 60
ing back to the year 1908 An ex-
animation of said schedule shows
the case of James A. Sinnott. in
which | was appointed In 1908. and
the case of Charles Straub. in which
was appointed in 1904. and the
case of F'rederik Dixon, in which
was appointed in 1904. ! did not
saw that the said schedule of the
auditor covered every case In which
| had ever been appointed commit
tee. but | did say. and i repeat, that
the aggregate amount of the said
schedule includes cases going back
to 1908.
Cash on Deposit Small.
charge 14-National Savings 4
Trust Co: The fact is that for many
wears practically all tiduciary funds
in cases in which | am the fiduciary
have been deposited with the National
& Trust Co. The actual cash
on deposit is but small portion of
the total of the estates in which l am
the fiduciary. The court expects that
estates will be kept productive, and
this requires the constant investment
a nd reinvestment of trust funds, thus
keeping the amounts of cash en- de-
posit as relatively snail. 1t is fact
that | am director in the National
Savings & Trust Co. Said company
has a capital stock Of 81 900, 900, repre-
sented by 10000 shares of stock at par
value of 500 each. OF this total num-
ber of 10000 shares ] now own lb
shares, nor have l ever owned in ex-
cess of that number. This stock Is on
a present dividend basis of IL per cent
annually on the par value. 1t will
readily be seen that on this basis my
dividends do not exceed $3.50 a year;
in other words, out of total dividend
of $120 900 payable to the stockholders
OF the said company, l am entitled to
receive $3.50. which cannot be rack
oned as a very substantial benefit'
accruing to me by virtue Of my ieing
the holder of said stock. | may add
that no other member of my family
holds or has ever held Il single share
of the said stock.
Credited Commissions to Estates.
Charge 15--1nvesting trust funds:
On investments made by me with
trust funds my accounts on file
In the courthouse show that | have
in every case stated under oath
whether I have or have not received
commission from the borrower or
from any other source. In cases in
which / have received no commission.
that fact Is set out. In cases in
which | have received a commission.
not only is the fact set out, but in
every such case the account shows
that | credited the entire amount of
such commission as income Of the
estate. In the purchase of Liberty
Loan bonds. Federal Land Bank
bonds and first deed of trust notes
from the National Savings and Trust
Co, / have never received one cent
of commission. Such commission as
the said National Savings and Trust
Co. may have received never came to
me i'm any part whatsoever, unless the
said commissions could be considered
as part of the 100000 annual divi-
dends of said company, of which as a
sto1kholder l received $3.50.
Charge 16-Bonding Company:
For many years the United States
Fidelity & Guaranty Co. Of Bal
timore had been surety on my bonds,
and an employe of my Office has, un-
der a power of attorney Of said COM
pany, been authorized to affix the sig
nature of said. company as surety, the
said employe signing az attorney In
fact for said company. The said COM
pany, understand, took out a license
for me as solicitor so that 1t might
nav for the services thus rendered by
ap empleVe of my odses the usual com
9