Detroit evening times., 1945-11-10


matter To Mr.. Richardson and
he was always complaining to
me about that particular fea-
ture.
II told him IL he knew Mr..
Morgenthau like I knew him,
he wouldn't ask me to 20 to
him because he was the type OF
individual that such an APP
prOach, even on behalf of q
friend, would he like waving o
red flag In front Of q bull"
HOWEVER, Elliott did ar
range a social invitation 70
the White House for Mr.. Rich
ardson in the role OF advocate
of his, Richardson's, own, inde-
pendent oil interests.
In the final settlement Of FL
liott'S debts. Richardson's loans
10 Elliott were paid, in full,
with shares of stock which El-
lott had posted as collateral
with other lenders and which
had been recovered for trivial
sums on representations by
Richardson 10 Jesse JeHes, that
the stock was worthless.
In his schedule OF debts.
given 10 Jesse Jones, then secre-
tary Of commerce and chairman
Of the RFC. Elliott did not men,
tion his debt 10 Richardson.
Elliott said he introduced
Richardson 10 his father when
President Roosevelt was a guest
Al a large party al his. Elhotts,
home al Fort Worth in the
summer Of 1897.
In the same year certain
Texas hot oil indictments
were settled abruptly. on pleas
Of nolo contendere. within a
week after another party IN the
Gulf Of Mexico attended by the
President. Elliott. and some of
the parties at interest.
Elliott was then active in
Democratic politics in Texas.
The President eluded his press
co'erage that evening and told
the press party, in his bantering
way next day that if he were
journalist writing az space
rates, he could make = lot ~
money He never told about
the hot OIL party
ELLIOT'T was asked whether
H he knew anything about the
hot oil conspiracy in Texas and
replied Il certainly do
He was asked further whether
Richardson or Charles RoeSer,
another independent oil man.
who also invested in his radio
chain, was involved in that
ness and replied Il don't
think they were AZ all
DO YOU remember any Of
the newspapers reciting that
charges were made against oil
operators in the Texas hot oil
conspiracy"
II certainly do" Elliott said.
did YOU take notice Of the
fact In reading the newspapers,
that Richardson and ROeser
were among those charged with
conspiracy in this CaSe?"
knew that some Of the
individuals in Dallas with whom
Richardson had done business
had been under indictment"
Elliott answered. But I never
knew that either Richa rdson or
Roeser had been involved.
-" WERE were rumors," the
examiner continued. "and
don't know whether they were
founded on fact, To the effect
that Richardson and Roeser
were both involved In the hot
oil conspiracy and that YOU in
terceded with federal officials
and a member Of the cabinet in
charge OF the government oil
lands on their behalf"
Elliott denied knowledge ~
such rImorS and stated with
emphasis that he never had so
interCeded
Contrary. or SlaunchWiSe. ~
this statement. however, there
Is the declaration Of Richardson.
in the treasury record. that FL
lott cot him an invitation 70
the White House which enabled
him 10 intercede for the inde-
pendent oil men in the role OF
adviser or counsellor 10 the
President.
AZ one time during his Texas
career Elliott sent a telegram To
one Steve" AZ the White House
asking steve" 10 hold every
thing until he, Elliott, could adj
wise with Steve" in matter
seriously concerning the finan-
cial interests of a Texas power
and light company. The Steve"
in this case is assumed 10 be
Steve Early. then secretary to
President Roosevelt. UI
The official memorandum 70
the commissioner Of internal
revenue In the present case
states that 'for some period be-
tween 1884 and 1899 he tEIN-
otto was employed by the Texas
Electric Service Co. Of Fort
Worth. ostensibly as an 'adver-
tising consultant in his 1920
return he reported income Of
$4,000 from this source.
copyrirht. is4s. By King Features