New Britain herald., 1928-04-24
STEWART TELLS Of
 CONTINENTAL DEAL
(Continued from First Page)

ed with the Continental Trading company"
 Did you ever receive any evil dence of an interest in the Conti- mental Trading company" asked Senator Walsh, of Montana.
 Not a thing" Stewart replied.
 Handed deposit slips of his ac- count. Stewart said they were not in- dicativc of anything regarding cou- pons from the Continental bonds. One deposit slip was for $lS,90S.75. which was the interest on S794,O0o of bonds.
 Did you have any other first Lib crty bonds the coupons of which would have made up the differ encc"' asked Chairman Nye.
 Had Many Bonds
 T had many Liberty bonds,' - Stewart replied. T bought some of every issue, beginning in 1917."
 Did you have any 31a per cent Liberty bonds when you made the deposit in December, 1922"
 Stewart was unab blc to recall that. He said the $l3.9o3.75 might not have been Continental bond cou- pons.
 Nyc then called attention that there was a like deposit in Decem- Der, 1925, and asked an explanation.
 That may have been just an in stance that might occur to any one. '' the Standard Oil official replied. "I want to advise you that we have the coupons deposited in the Continental and Commercial bank by you in 1923 and that some oi them are from Continental bonds, Senator Walsh said.
 Wants To Help
 "That may well be-" Stewart re piled. "I have nothing with which tt refresh my recollection on these matters. Now I want to help the committee all can in this matter and l have hdtc list of the mum. bers Of the bonds that were turned over to the Crude Oil Purcha sing company"
 | A7'N" | W tl'a tAN dcN" tNiii l'O' h' VI ' while w. 0. Woods, register of the treasury, was called
 Woods explained how the coupons passed from the banks to the Feder' al Reserve banks {; d then to tn, treasurer and finally to his office where they were kept.
 Woman Tcstifics
 Mrs. Myrtle Orton, of the treasur, registers office, then testified tha 8 search of the coupons from tn, Chicago Reserve bank in June ane December. 1929. showed that ther, were coupons from 571 s1,oo0 bond and three $500 bonds. She said th' search for the 1923 continenta bonds had not been completed.
 Miss 1mogen Howell. secretary tt 1 Senator Walsh, then identified th' numbers of the coupons from th' Chicago Federal Reserve bank. al clipped from Continental bonds
 Then Stewart was recalled ant Senator Walsh asked if he hae heard the evidence showing tha bonds of the Continental Co.,, hat been turned in by the Contincnta and Commercial National bank.
 I've heard no such testimony. Stewart said. T think you are 4 rows Of apple trees from provinl about coupons in the Continenta bank is what I've given you"
 Took No Receipts
 Stewart said he took no receipts from Barnett for the bonds.
 Understand, senator. I did no have possession of the bonds. I va! simply a conduit through whicl these bonds passed to the trustee.
 Why were no. coupons clipped after December 1928" he asked.
 ITO avoid publicity. The news papers were carrying lot abou this matter"
 Stewart said he requested Barnet not to clip the coupons after 1923 That was about the time the Tea pot Dome scandal was beginning 10 be developed by the committee.
 If this was a regular bushes transaction why did you want t avoid publicity" he was asked.
 "f don't know senator. ] ma, have made a mistake. I don't know.
 'I notice this trust agreement wa written by pencil, why didn't vol dictate it to a stenogra pher and hay it written on typcwritcr?"
 Because I didn't want stenog rapher to know anything about it.
 Chairman Nye switched the in quiry to the Salt Creek field. investi gation of which recently was pro posed in the senate. Stewart re fused to concede that the Midwes Refining Co. held control of the Sal Creek field in 1921, as the fedora trade commission reported.
 Taking the trade commission re port and the testimony of H. Foste Bain. former head of the bureau C mines, Nye suggested that the Stan dard Oil Co. of Indiana had the bes claim to Teapot Dome.
 That aroused Stewart. Calls Nyc Crazy Senator, if you say the Standar Oil of Indiana had a right to Tea pot Dome you are crazy" he sait
 Perhaps I am; I've been accuse of that before," Nye said.
 He added that the report shove that in 1920, the Standard Oil of IF diana controlled the Mid West whic | controlled the Salt Creek field. The Standard Oil official said h I. nounced that Albert B. Fall woul