Show MAr LOEB MAKES AN EXPLANATION Writes Letter to t Mr Sims Telling Of His Holdings in Wash Washington Washington d ington Railway Co SUGGESTS HE BE CAREFUL ir q Absolutely b 1 ID It 4 l cu clI With Members of nt n 1 s Matters t April 21 to 10 o Mr II loeb koeb to 10 the president In hi the Ih house houMe yesterday by b Mr Sims In connection on with his ownership ot of 1700 bar ot stock In the Washington Hall Hally 13 y A company called 1 today loda oda a U letter from Com Mr l och to itE that gentleman explaining how hOI the stock rame ram Into his hiM possession 1 O lon and ane suggesting to 10 Mr Sims SIti that tha t ho hn should 1 be moro r Us S In I n dealing ii e I Ing with wi tt mens ni ei cia char r and reputations Mr III Sims read 1111 the letter letterI I EXPLANATION Explaining his ll PO of or the tho stock lock Mr lr Joeb says ss a s H of or tha of lIr the thc Washington Hall way war Electric company stand In hi l my m name on no the tilt books bouk of ot the company Ont One hundred of these co shares enough to mo 1110 to qualify as ao a II director are mine 4 00 are Ire holding h of of ot mine for or whom I 1 simply noted H Mil rep al itt the Ihl last lant mooting of ot the till stockholders of the compan at al which I 1 was elected a 1 director with Ith tim the view to 10 my flu 11 possible po election el as us president of oC the company It IC I decided to taVe up that line of work WOI titter after leaving official life This Ihl record has ha been and a lit I tIIt Is open to you ou eu or 01 any other honest t man mon at al any un and It clearly dem demonstrates that tha t any Insinuation In that In Inn ni n mysterious or 01 unworthy wa II v or 01 o In III an n way WilY whatever I have 1110 accumulated men fuch it 11 considerable fortune an as your Implies Is h as 1 a unfair to tome me as us It ItU ItIs U Is unworthy of cC you ou Speaking of oC what ho calls Mr h Sims Intimation that thit I 1 have Interfered with traction legislation lepI Mr II loeb says Rays Immediately titter after my in election as asa asB B a director of o the company compon the chair chairman man elan of or the house hou committee Mr r Smith called on me Inc mid anti started to 10 toak ask ak n k my advice a OJ as to 10 certain bills hills af affecting zt n nf f the traction company compan pending before the committee e I t at atone once In Informed Informed formed him him that while I occupied tha Iho posItion of secretary to the till president I l not HOt and would not nOl discuss d cu s with any my member 1 of oC Congress Conge s any matters of or legislation affecting the thc loco local public corporations corpora I 1 have soon econ Chairman Smith who will ilI verify this tub statement and I 1 cIte this Ibis Instance to 10 show how scrupulously careful caMul I J have hll I been bc n to observe the tl pro In the case After reading tho the letter Mr III Sims tIni I Id that tho t he was the last lust person to take advantage e of o any congressional con to nay anything to toV otY V man and therefore ho felt that the tho Idler rUn should he be road In as all public a Il I wanner as III he made his statement sin l mont Jr declared however that ho had based ed his statement on an official com corn I to the tho speaker r wherein It II as shown sho that Mr III Loob had i harett ot o the stock tock In his name MR m NEW LANDS JAINS Later Latel Mr Sims without mentioning the he name of ot the th senator 8 to 10 whom h v referred but who It was wall learned earned through the senator himself W tae S Senator Newlands of Nevada all aft owning over oler 1000 shares of Capital traction stock at ck read a IL statement nt from ho tho senator saying that the tho stock carn In no o his hK possession poM as of the tho estate long before his entry into Inlo public p life anti and that since ha lie con It 11 ho had not participated In lu any uny legIslation I on oit street railway matters Senator himself gave ga out outa ut uta I a statement In which he said saIli 8 that i the legislation regarding tho the street roll rail rollI I ways Mays In lit connection with the tho union sta ala station tion don came camo before the district committee he Informed the members of the corn com of his hiB Interest In the tho stock lock ami an cl Unit that ho would not participate participate pate hi their deliberations 11 or 01 action ot the district committee or of or the on Oil this thia subject |