The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1928-03-20
OIL COMMITTEE
HOT ON TRAIL OF
MISSING BONDS
Investigators Want to Know If
Any Of Them Went to
Former Executive
MARION STAR INVOLVED
Chairman Nye, However, Does
Not Believe Bonds Will
Be Found There
MARION STAR INVOLVED

Washington, March 90
(AP)-Inquiry into the finan-
cial affairs Of the late President
Harding by the senate Teapot
Dome committee will 60 further
than to determine whether any
Of the liberty bond profits # the
Continental Trading company
Of Canada came into his pos.
session.
I'VE shall have to dete. mine
whether there were any oil
stocks or other securities that
might have enacted from the
oil deals into which We are In.
curing" Chairman Nye said to.
da,. I'VE will have to E: into
thar as we'll as also reopen the
matter Of the sale Of the Marion
Star" The Star was formerly
owned by the late pr sident.
The examination Of the rec.
ords Of the Harding estate will
be made by an investigator who
will be sent to Marion Il confer
with executors of the estate.
Washington, March 20.-P)-
With the estate of the late Presi'
dent Harding now within its f. US
the senate Teapot Dome commit
tees long and ramifying investiga'
tion of the now Cancelled oil leases
and their subsequent connections ]:
nearing its end t. the accompani'
ment Of violent political eruptions
on the floor of congress.
Today was another off day fol
the inquiry, but it will get under
way again tomorrow after three
days Of subcommittee investigation
in Chicago.
Meanwhile, further reaction wa.
looked for Following the announces
ment yesterday by Senator Nye
Republican, North Dakota, chair
man of the Teapot Dome commit
tee, that, before winding up i.
searching inquiry into the DISPOSE
tion of the Liberty bond profits o1
the Continental Trading company
the committee would look into thu
records Of President Harding's
estate.
While he did not believe any o1
the bonds would be found there, Nye
said there would be a "lack Of sat
isfaction If this committee submits
a report to the senate without going
into the matter.
"If they are there we are going
to tell the world" he added. I'll
they are not there we are going tt
tell the world. / don't think they
are there"
Agree Nyc Is Right
Agreeing that Nye was "abso'
lutely right" Louis H. Brush, who
with Roy Moore. purchased the
Marion (Ohio) Star from President
Harding, issued . statement last
night saying that. he and his asso'
ciates, who are in Washington OF
another matter, were willing to give
the oil committee "any and all de-
tails" Of the transaction.
"Let US, for the sake Of square
shooting and in fairness to the mem.
ory of President Harding" the
statement said, "hring this thing
right out in tho open and so straight
through II"
The Marion Star figured in the
early part Of the oil investigation
when inquiry was made into sensa.
tional reports that some Of the
profits of the naval oil reserve
deals were included in the sale
price Of the paper.
No evidence was uncovered te
support the charges.
A committee Investigator will b<
sent to Marion to inspect the Hard.
ing estate files.
It was President Harding who
signed the executive order by which
Albert B. Fall, as secretary Of the
interior. assumed direction over thu
Elk Hills and Teapot Dome reserves
and later leased them to Edward l.
Doheny and Harry F. Sinclair.
As the Harding phase was de.
veloping yesterday, the senate floo,
Continued on page two)