The Hardin tribune-herald. [volume] (Hardin, Mont.) 1925-1973, 1936-05-08
BREAK IN TOWNSEND
PLAN Is EXPLAINED
Continued from PAGE One,

tCOntlnueo from rage OneD
and it is only now, since his res
ignation, that I have been able
to inaugurate a policy that will
gradually, and I hone wisely, de-
mocratize the Townsend organi-
zation.
''There are other important
differences between MI. Clements
and me. I have no doubt If I were
to discuss them all. Townsendites
would agree with me. But their
discussion would involve person.
alities and injure the feelings of
many people. I shall, therefore,
pass them over. but I solemnly as
sure you that I have been patient
in my attitude and fair in my de-
cisions. # all. the facts we're now
known, as they eventually will be.
no Townsendite would say I acted
too soon. though many might be-
lieve I should not have waited so
long.
Nov let me say to YOU that the
third party movement did not con-
tribute to any break between MI.
Clements and myself, all reports to
the contrary Notwithstanding. It
is true I did favor a third party
In California, and instructed
Sheridan Downey, as my attorney.
to proceed to organize one. It is
rue MI. Clements was opposed TO
this move. and that he was sup
ported therein by most of the con-
gressmen favorable to our plan.
Upon this issue I gave way to
MIR. Clements wishes and to u
loyal congressman. but when the
break came between Mr.. Clements
and the organization, for the
break was not with me alone, this
was a settled issue, and the con-
t%roversial waters thereof have long
since passed under the bridge. Do
not therefore believe that any
third party controversy precipitat-
ed Mr.. Clements resignation, for
it is not true. I still believe a
third party in California would
nave been a stratagetic move of
vast benefit to us. I believe we
could have registered into that
party in California more than
half our voters and that such
proven strength exceeding the
combined votes of both old parties
would have been a might inspira-
ton to u people everywhere.
Some of you will agree with this,
some disagree, but in any event
be assured there was no issue over
the third party that caused Nj.
Clements to resign.
Nov Is to the details of the
newspaper transaction. The paper
is owned by the Prosperity Pub
fishing company. This company
has 20 shares of stock. Ten Of
these were owned by Mr.. Clements
ten were owned by myself. The
company also had fifty thousand
dollars in money. We declared a
dividend of this amount, twenty
five thousand going to Mr.. Glenn
entS and twenty five thousand
coming to me. ! thereupon relin-
pushed my twenty five thousand
to him so that he took the entire
fifty thousand dollars. Not one
dollar of o. A. r. P. money was
used to purchase MI. Clements
share Of the Townsend Weekly
"You will understand that was
monev that did not belong to the
o. "A. r. p, but came entirely from
the paper. AS I said, Mr.. Clements
and I each owned ten shares in
the publishing company. MI. Glenn
ents' shares were transferred to
me and I transferred nine Of these
shares to the O. A. r. p. without
any payment to myself or any cost
to the Townsend organization.
This left me with II of the 20
shares Of stock. I have now
signed an agreement giving all of