OCR Text |
Show I EXPECTED TO REGAIN 1 MClfJEV IPJOIRECTLY H Albert C. Frost, on Trial for H Alleged Land Frauds, Re-D Re-D sumes Testimony. 131 CHICAGO. March 29. Albert C. Froat. 1KB! who with four other la being tried before Federal Judpe Landla for alUged Alaskan coal land frauds, resumed Uie. witness ntand In ht own defenso today and testl fled In regard to hla Intentions In setting . persona to slsn coal land claim. H Bald hla object tru to have the land developed de-veloped and provide traffic for the Alaska Central railway, In -which he was the principal stockholder. He repeated assertions made yesterday i that his Interest In seelnp that the lands jf got Into the hands of friendly persons was because he believed that if the lands fell Into the hands of the Morgan-Gug-i$f l genhelm Interests the fields would not be ifS worked and there would be no coal for )X I road o carry. The witness admitted that he had ad- JHj r vanced money to persons holdlr.fr claims fn : to noDle them to perfect title to their 'W claims and that he knew much of this i'Vi J money would never be repaid, (iff I "I expected to get the money back In- .-, directly," explained Frost. "Much of It i JJ ' we expected would come back through Vtfr t the necessity of the operators of tho ?R " mines to ship their coal over our road. Then they would have to build tracks, t'P' roads and bridges, itoms of considerable Sif: expense, and these roads would be of ',K. much service to us In pushing the work of our railroad. There were many ways rtcjj In which the money we spent In lielplng t'ifc persons establish claims would come back IJfM to us." bfy' Frost dented having nny agreement llfM that the parsons he assisted to establish KIm coal land claims were, to dispose of them MBS to him later. |