Evening star., 1928-05-10
SENATOR'S COMMEND ACTION.
Walsh and Nye See Rockefelier's Move
as Evidence Of Reform.

The demand of John d. Rockefeller.
ir for the resignation Of Robert w.
stewart as chairman OF the board of
the Standard Oil Co. OF Indiana Is re-
oarded hv leaders Of the Senate oil
invcgtication As move deserving OF
Both Senator Walsh Democrat. Mon
tana veteran prosecutor OF the oil
scandal inouiries. and Senator Nye.
Republican. North Dakota. chairman
Of the Teapot Dome committee, have
expressed qualification over Mr.. Rocke,
feiler's action, which was taken April
n and announced yesterday In Ne"
York .
Stewart had twice refused TO answer
questions put TO him In the inquiry
into the operations OF the Continental
Trading Co. but on his third appear
ance revealed that he had received
S759 600 in Liberty bonds or fourth
share In the company's prof1ts accrinng
| from, an oil deal in this country, and
| I,sd held them In trust until after the
! aco,Iittal Of Harry r. Sinclair. when
thew we're delivered TO the Indiana
! STANDARD.
Public Not Indifferent"
Coupled with the ringing speech OF
Edwin p. Parker before the Chamoei
| of Commerce OF the United states, MT
Rockefeller's action. in the opinion OF
Senator Walsh, Is "gratlfying eVloeHce
| that the business world is waking up
to the enormity OF the onenses reVealeo
by the committee"
"It Is reassuring 10 know, ne saio
that the public Is not Indifferent TO
such transgressions as those disclosed
THE result Of the criminal trials might
have been different II the public con-
science had been earlier aroused by
expressions such as those referred 70.
Mr.. Parker. Y no Is chairman OF the
hoard OF the United States Chamber
of Commerce. told the sixteenth annual
meeting OF the organization here thai
business must purge itself OF tnosc
pirates" who haunt the law. defile
business. debauch public servants ano
suppress the truth about deals the
public is entitled to know about. He
said 1t was time that the profession
coneidered the disturbing evidence OF
a public be damned" policy on the
part of some Of its members.
Declaring Mr.. Rockefeller vas to be
| congratulated Chairman Nye said he
hoped the Indiana Standard stockhold-
ers would fnd his attitude contagious.
Trial Opens May 81.
"I am happy II the work OF the com.
mittee investigating the scandal has
caused the Inauguration OF a program
| for a cleanup In the oil world" the
| North Dakotan added.
! Stewart win 90 on trial here May Il
on the Senate contempt charges grow
| ing out of his refusal. on his first APP
| pearance before the oil committee, 10
| tell whether ne had discussed Conti-
mental profits with Sinclair or whether
| he knew any one who received any OF
| the Liberty bonds.
It was after this appearance that Mr.
| Rockefeller, tcstifying before the COM
| mittee, expressed his bitter" disap-
pointment over Stewarts failure TO fur
nish his inquisitors with all the facts IN
| his possession and his readiness TO
Withdraw his support from the manage
| ment OF any company that no longer
| justifies the confidence that has been
| put In II.
Stewart made his third appearance
last month and told about his connec-
| ton with the Continental transaction.
! The Senate then vacated its order OF
arrest against him, but transmitted A
| copy OF his testimony to the district
attorney here for study to determine
whether a charge of perjury was war
| ranted
After Rockefellers appearance before
the committee. but before Stewart
| answered the questions he previously
/ had declined to reply TO. the Indiana
| Standard Official was reelected a di-
rector by that company's stockholders
and the board In turn reelected him
chairman without Rockefeller'S Is per
cent stockhoidings being voted
Stewart told the Senate Teapot Dcme
/ committee during his testimony last
February that II his board OF directors
did not approve OF his connection with