New Britain herald., 1928-01-25
SINCLAIR PAYMENT FULLY DESCRIBED
Falls Son4AaV Tetiii@ SS8S,0OO Was Paid for Ranch
TOOK NO CERTIFICATES
Eyerhart Tells Committee That After Paying Money, Sinclair Did Not Take Any Tangible Evidence Of Interest

Washington, Jan. 20 R>-M. T. Everhart told the senate oil com- mittee today that when Harry F. Sinclair turned over $233,O0N in Liberty bonds to him and his father- in-law. Albert B. Fall, in exchange for an interest in the Fall-Everhart ranch holdings, the oil man took in return no tangible evidence of his newly acquired interest Ill the pro- perty.
 Everhart Makes Statement
 Replying to Senator Walsh of Montana, Everhart said that if Sim clair should make claim to the stock in the Tres Ritosv Cattle and Land company, which was set aside for him, he would have to rely upon the word of the witness and Fall that he had bought the stock.
 T rendered the certificates to him, but he did not accept them,' Ever hart said.
 Eyerhart. who told yesterday how he handled the bonds that changed hands in this deal, was recalled to- day after the committee had notified counsel for Robert W. Stewart, chairman of the board of the Stand- ard Oil Company of Indiana, now in Havana, that Stewart was wanted here immediately for questioning.
 Sinclair To He Called
 Sinclair himself, will be called be- fore the committee, but Senator Walsh. the prosecutor. expects to make no effort to compel him to testify.
 Instead Senator Walsh will give the man who leased Teapot Dome an opportunity to voluntarily tell about payments totaling $269. 900 which he made to Former Interior Secretary Albert B. Fall in 1922. after the lease had been signed. Yesterday the committee heard testimony by M. T. Everhart, Falls son-in-law, that for this payment Sinclair was to receive one third interest in Falls ranch holdings.
 Fall Makes Statement -.4
 At his ranch homo in New Mex leo, Fall confirmed last night Ever hart's story of the ranch deal as cor rect, but declared the transaction had no connection with Teapot Dome. Fall told newspaper men that the ranch deal was 'open and above board" and that there was nothing to conceal about it. Fall said the transaction grew out of Sinclair's desire to own a south western ranch. and Everhart touched on the same theme in his testimony.
 One witness. A. c. Downing, secretary of the New York Trust Company. already has given the committee records showing that Liberty bond transactions totaling more than $1,000,000 by Blackmer were completed through that bank. Blackmer now is in France and has refused to come here to testify fin the Fall-sinclair case.
 Everhart's story to the committee concerning the land deal was that it was to divide his and Falls branch holdings into thirds. one portion to go to Sinclair in exchange for the oil mans payments to Fall. He testified that the details were arranged by Fall and Sinclair before he got into the deal and that he merely acted as agent in transferring the monsy and handling subsequent details.
 He said that Sinclair had intend- ed to develop hunting and riding club on the property although that project has not materialized. The money received by Fall. Everhart said, was to pay off Falls debts on his property and to acquire other land. The witness said the pay ments by Sinclair were in bonds and cash and that the money was handed over personally by Sinclair either at various meetings in Wash ington or in New York.