Douglas daily dispatch., 1928-02-12
ROCKEFELLER
Continued from Page One)

sociated search their records to as
certain whether by any chance any
Of the missing Continental bonds are
in or have passed through the. treas
tiries of those companies in ordinary
business transactions. The commit
tees purpose is to obtain every pos
sible clue to the transactions in which
thee bonus may have been involved
after they were purchased by the
Continental company.
When Will H. Hays is recalled, the
date for which has not been fixed
he will be questioned further about
the $4,000 which he told the COM
mittee in 1924 Harry F. Sinclair had
contributed to the republican ma
tional committee fund in 1923.
The evidence is that these bonds
were used to pay off committee
note at the Empire Trust company in
New York on December 3. 1928
Basil Manly, newspaperman who
is cooperating with the committee
in its inquiry, informed senators that
check of the numbers of these bonds
against those of the Continental COM
pany showed that $25, 5000 of the $75,-
900 paid to the Empire Trust were
part of the Continental profits.
LIE Roy w. Baldwin, an official OF
the Empire Trust, testified in 1924
that the bonds to pay the note were
delivered by the republican committee
to T.. Coleman Du Pont of Delaware,
then chairman of the board of the
Empire Trust.
Il think they came from Mr.. Hays
to General Du Pont," Baldwin testi-
fled. II am not positive
Hays in his previous testimony said
that he personally had solicited a
contribution from Sinclair and that
his recollection was that Sinclair
agreed to "be responsible for the
peynent of $4,000 of the party de-
flcit. Whether he handled the trans
action personally, afterwards he was
unable to recall
Before he appeared on the stand
tocay-his first appearance in the oil
investigation Rockefeller paid a long
visit to Senator Walsh at the latter's
office with result that the crowd
that jamnled the rather small hear
ing room was compelled to wait half
an hour for proceedings to begin.
An even larger crowd thronged the
railways outside, unable to gain ad-
mission, an dWhen the financier and
philanthropist left the hearing to re-
turn to New York two policemen
had to literally fight a way through
for him.
While this was going on Walsh was
proceeding with the examination OF
still another witness, sent voluntarily
by the Dominion Bank of Canada,
financial agent for Osler and the
Continental Trading coz pany,
Rockefeller prefaced his testimony
with a statement to the committee in
which he listed his own stockholdings
in the Standard Oil company of In
diana at 402,280 shares, or Az per cent
OF the total outstanding. Holdings of
the Rockefeller foundation he placed
at 406,760 and those of the University
of Chicago, a Rockefeller donation, at
10000 shares. In addition, he said
100000 shares are held in trust
created by John D. Rockefeller, Sr.,
for his daughters.
Incidentally the financier testified
that at no time had his father or the
Rockefeller family held more than rs
per cent of the stock OF the original
Standard Oil before the supreme court
decree of dissolution was entered. That
original 25 per cent he added, had now
shrunk until the total of all Rookie
feller holdings in the company direct
or indirect, was "just under Is per
cent
Pressed by Senator Walsh as to his
feeling with regard to Stewart or any
other official of the companies in
which he is stockholder in connec-
ton with the Oil investigation, the fl
nancier said:
"I want to be fair to Colonel Stew.
art and to every one else concerned
but 1 am prepared to act as my best
judgment directs. The moment fee
that the evidence is such that car
not believe in their integrity, / an
prepared to withdraw my support.
Rockefeller thanked the committee