Evening star., 1951-10-15

that was only a starter. Better he
had let Hitler and Stain destroy
each other"
Under a chapter subtitle, Bail
ing Out Elliott Roosevelt" Mr..
Jones gave a detailed account of
the steps he took to relieve the
Presidents son of financial en-
barraSsment growing out of the
failure of a broadcasting network
in Texas. Elliott Roosevelt. to
buy controlling stock in the COM
Ipany, had borrowed 100000 from
John A. Hartford. president of the
Great Atlantic g. Pacific Tea Co.;
$780, 900 from David G. Baird, an
insurance official of New York,
and $4,000 from Judge Charles
Harwood of New York, who sub
.sequently was appointed Governor
Iof the Virgin Islands by Presi-
dent Roosevelt. The entire capi-
tai stock of the company, Mr..
Jones was informed, had been
lost.
Favor Is Sought.
The President, saying that
Elliott was in the Army Air Force
this was in December, 1941-in
Ia Sunday morning conversation a
week after Pearl Harbor, told Mr..
Jones he would appreciate any
thing he could do to help his son
out. Mr.. Jones wrote that he had
contacted all three of the men
from whom Elliott had borrowed
the money. To Mr.. Hartford, he
said, he paid $4,000 for the stock
he held as collateral for Elliott's
notes, and he paid Mr.. Baird $3.50
for a release of the stock he held,
and no arrangement was con-
cluded with Judge Harwood.
Judge Harwood, Mr.. Jones wrote,
told him he had been promised a
Federal judgeship and if that was
not available. then commission
as general in the Army, or high
brass in the Navy, instead Of the
governorship of the Virgin Islands,
but his efforts had not been sue
cessful.
Mr.. Jones wrote that at the
time Mr.. Hartford made the loan
of 5000, 900 to Elliott, his company
was being sued by the Federal
Trade Commission under the anti
monopoly laws.
This" said Jones. was known
to the President but not to me"
After commenting that under
such circumstances, Mr.. Hartford
should not have loaned the money
to Elliott and the President should
not have permitted Elliott to bor-
row it, Mr.. Jones continued.
IF I had know about the suit.
II would not have had anything
to do with Elliott's affairs with
Mr.. Hartford"
In July of 1947,. Elliott Roose-
welt paid Mr.. Jones $5,741 to
cover the money Mr.. Jones had
taken out of his own pocket to
get Elliott out of his difficulties.
Row With Wallace.
Mr.. Jones devoted considerable
space in his book to the row which
arose between himself as RFC and
Federal loan administrator and
the then Vice President Henry
Wallace, who headed the Bureau
Iof Economic Warfare. To this
controversy Mr.. Jones attributed
Mr.. Wallace's failure to win re-
nomination as the vice presiden-
Itial candidate in 1944-and so
the presidency itself. It arose, he
said, over the impractical direc-
Itives which Mr.. Wallace and his
Iappointees gave to the RFC. Mr..
Wallace made a public attack on
Mr.. Jones, and in the end. the
President did away with the BEW
and Mr.. Wallace's job as head OF
that agency.
When the controversy was at
its height, Mr.. Jones said he met
Mr.. Wallace in the office of James
F.. Byrnes, director OF War
Mobilization, and said to him
/ that II understood he was pray
ing man and suggested that when