Evening star. [volume] (Washington, D.C.) 1854-1972, 1928-03-01
SINCLAIR DONATION
OF $4,000 TO AID
6. o. P. FUND IN 1920

u. u. +. fUNU IN I9ZU
Continued from First Page)
they were used by him for that purpose.
consequently, l lacked approx!-
.. mately $4,000 with which to repay Mr..
Sinclair the entire SlS5,000. I felt
bound to reimburse Mr.. Sinclair in full
and l did So hoping at the time that
could get some further help later
from others. but this did not material
ize. I had suffered financial losses, OF
which Mr.. Sinclair knew.
Returned sss.o00 Bonds.
He did not feel that should bear
this burden personally. and he volun-
tarily returned the 5000 OF securities
which had caused TO be delivered to
him. These securities did not comprise
any of the Government bonds original
ly delivered by Mr.. Sinclair to me. The
securities which he returned were the
identical securities which sent to him.
simply had not succeeded in raising
the entire amount and made it up per-
sonally with securities which bore no
relation whatever to the bonds with
which the committee now is concerned.
This last transaction had not taken
place when I testified before this COM
mittee In 1924, that according to my
recollection Mr. Sinclair's contribution
in making up the deficit did not ex-
coed $4,000.
"Of the remaining Sl35.000 I deliv-
| cred to John T. Pratt of New York, TO
the best OF my recollection, $4,000 at
about which time he placed In the
hands of the committee $4,000 in ad-
dition to amounts he had previously
contributed
Lost Track OF Securities.
Later asked Mr.. Pratt to add that
sum to his previous contribution. To
this he agreed and delivered TO me
S50, 900 In Government bonds, but
had no knowledge as to whether they
were the same bonds I had previously
delivered to him. These bonds In any
case were given by me to Mr.. Sinclair "
Hays testified that Sinclair person.
ally handed him the 100000 OF secu-
rites "in a package" either In his OF
Sinclair's New York office He further
said that there was no memorandum
exchanged between him and Sinclair
| In connection with the transaction
Walsh pressed the former Republican
| national committee chairman about
| Just where Sinclair delivered the bonds
to him, but Hays said he could not re.
call clearly, although he was certain
| the transaction took place In New York
Hays testified that he did not know
what became Of the bonds he delivered
| TO the late Mr.. Upham, then treasurer
Secretary Weeks and to Pratt. except
that they were used to help reduce The
| party deficit. u.u :
Taking up the contribution by Pratt
| Hays insisted that Pratt gave $50. 1000 tf
| the national committee and then gave
| him back $4,000 In bonds which latel
| were returned to Sinclair.
The former Postmaster General sale
| he could not recall details. but that he
must have told Pratt that the $4,000
had been provided In the campaign &c
| that Upham could report the def1ci,
wiped out before the 1924 campaign.
"Sincla!r's contribution was TO be ~
little over $4,000 as possible" the wit
ness added.
Other LIBERAL Donors.
He said he had retired from tbs
| committee In 1921 and from the cabinet
| in March, 1922. but felt sense OF re-
sponsibility because the deficit had beer
| incurred while he was chairman ant
| that he responded to request from TN
! treasurer OF the committee tn 1928 Il
| aid In the endeavor TO liquidate the re-
| naming indebtedness
why didn't you use all the Sinclair
bonds7' Walsh demanded.
well, In the first place we didn'
need IT," Hays replied. i do not re-
| ,,ravnknr the details -
How was the $is5,oo amount ar
rived ~"
"That / do not remember. 1t was IL
the nature OF an estimate. IL nigh
have been based on what Mr.. Uphan
thought We needed"
Hays could not recall what banks helt
committee loans.
you made no report on this?" Waist
pursued.
tee" Hays replied.
WAS there any other contribute
quite so iiberal?"
oh, think 30"
Cant you give us their namesf"
, mo, cannot know Daniel J
Reed Ct Indiana. don't remember tn
details. but / urged him 10 make con
triouti.a ! heard later he did"
What was the amount OF THAR"
"si00.0 900"
THAT doesn't quite reach MIR. sin
clair's $4,000"
No, but 1t was large one"
Contributions Limited.
Hays iikened the drive for funds 10
the national committre In 1920 10
Red Cross drive" explaining ther
were State and county chsirmen Will
contributions limited tn d maximum o
81 900.
Hays said that IL was during thl
campaign that Reed loaned Or cause
10 he loaned" 800 900 and Senator !
Coleman du pont borrowed 400. 900 q
, the Empire Trust Co. In New York 10
the national committee.
Walsh said there was no record OF
. Reed loan In the report Of the nati0na
committee.
Then he probably caused IL 10 b
I loaned"
perhaps you csn tell lie why MI
/, Sinclair yss ~ exceptionally liberal !
this natter"
II asked him 10 help"
rs that ALI"
II Eyes that IL all There Was n0thin
Interior about soliciting Mr.. Sinclair
II Il wish YOU would give us some MOI
names" Walsh continues
II II can't Of my own knowledge"
II ibid you Ire Robert W. STEWART"
II i have met him, but got No none
4 4. l.,