Show i SOLON STOCK ELKINS AVERS TRANSACTIONS ARE iN III CLEAR Purchases Stock of Sin Sinclair Sinclair clair Oil Company Statement Declares DEFENDS ACTION Daugherty Subject to Battery of Charges In SenatE WASHINGTON ASHI 1 Feb Fob 20 Sen senator Sen Senator ator ator Elkins Elkina Republican Wet Vir- Vir Vr-Cinta Vr ginta said today that he h had pur- pur purl pur purchased chased stock flock of oC the Sinclair consoli consolidated dated oil company l He ad added led he ho US nas perfectly will will- log to 10 go so before beCore the tho th senate senat oil corn com committee com committee and tell all nit about 11 It It- It His statement t revealed that he be h Is lith the hoe nim appears appearson on en the records of oC the brokerage firm presented to the th committee yesterday The Th West est Irginia senator the room tod durIng the of or Harry Pa Pano no Whitney but Va was not heard 1 Mein- Mein bois Mm-bois lem bel bets s said laid it if he h nere ere called it would t te e In an open session ll DI S DEMI-S IJ I CO I I I purchased the th Sinclair stock without any ledge kno with nith respect re to the h oil oU 1 leases Senator said In a statement I bought much luch more of oC Bethlehem steel anti and other stock than 1 did of or oil stock I am willing to go to be- be beCore b for be-for fore Core the commute committee It If they desire and tell all II about these thes transactions transactions There Is no law Jaw against buy buy- buyIng ins buy Ing in and selling stock Many oC ot roy my were 1 UI n made niad atle solelY on my or onn on Initiate or on advice adIce of or soy my brokers brokeN Ie IC sou ou stop bu Ing and selling thu thi country nih ft III have to stop This whole thIng thine Is a political dris drive e by bythe bythe byth the Democrats Democrat but they will sill get the worst of oC o it It ends Already William G 0 McAdoo h hal been mentioned prominently as hu baa the hate lats Franklin K Lane and oth others erat ers era W t HIT lY EX Mils Mil's EDThe ED EDThe The statement was issued after atter Sit Mr Whitney hitney and his counsel FrankL I 1 Crocker had visited Senator El- El Elkin kini El-kini kin office Mr 1 s 's by the th committee was brier brief and Chairman Lenroot slid after after- nard ard that had hd been made to hav o committee committe account account- accountants accountants accountants ants hi his boos books In r ew e Yolk ToPic Senator Lenroot ad led that ther there thereas s as no ot other er Immediate develop de development ment in m the oil scandal In prospect which would l require an early meet meet- meetIng flied flied- meet meet-Ing I log Ing of oC the committee 1 Members not any ay ho hoe however e eer er whether hether It mIght bo be b necessary n to hold other sessions be before Core ne next nest t Monday Monda the th time lime sot set for tor resumption of oC the pub pub- public public pub public lic D U UM FR nat FIRE Attorney Gin ral Daugherty re- re remained re remained rosined under Ire fire In itt the tb senate I today while the tin oil oU committee wont went further Into the to new information has i cached It relative to the transactions b bv of- of of officials In oil and oth other stocks jut Just prIor to and after the tho th leasing or of ortho the tho naval ls Senator Wheeler heeler Democrat Montana colleague of Senator Walsh Walh the figure ure In tho oil ha had iad a hand In both de- de de developments being the th author of oC the resolution for Cor an tin of oC I Mr and hasing ha In the th conCel enes which ld led to esterday's executive session of or the committee committe and by 1 invitation In the meeting itself i Immediate action on the th I was ws blocked rue Tuesday y by I t odee odge of oC o the Republican leader ho i w ho object object- objected objected ct- ct ed cd to the tho Montana Montan senator s effort to name the tho members of oC the In In- In Continued on Pago T Two To o I ELKINS AVERS TRANSACTIONS ARE IN CLEAR CLEA Continued d 1 From 1001 Page One committee himself then leave cave their selection to the chair chali V T EY Q G CO fI G The committees committee's session selon today toda vas v-as called by Chairman Lenroot after arter he had learned that tarry Pa Payne ne Whitney who vho ho was sub sub- ed i ae-i era eral days da s ago was hut hur ring r Ing to Washington Washing Mr Whitney Whit Whit- Whit noy ney ne was as summoned along with Ith or- or officials of ot J P Benkard R Co New ew lock loik Ol brokers who presented ear ear- er- er E- E tain records of ot that firm yester- yester ester ester- dai dal but he tailed failed to appear at that tha t time rile Fhe name ot of t a senator was as found foun In the Benkard records and th the company officials consented to t open all of or their books and rues files file within the period under lion to auditors acting for tho the com com- committee committee Lewis re Is J Bond of ot the ted ted- fed oral eral trade hado commission who Is In li I charge of oC the stud study being made for tor to forthe the committee of oC the books of oC torI a I number of oC other stock b oler ge firms firm was as instructed to begin at- at I e ex lIon of ot the Benkard records record at nt once bOUG T The question of Immunity for tor fo appearing before beCore the committee Is being considered by bOwen Owen J Robert Roberts and Atlee Porno Porno- rene rne the tho governments gO s special oil counsel who oho rocel ed their pome corn com commissions corn missions from President e and established headquarters with wit h theft theli malt matter staff starr of ot lL assistants The mat mal t ter bythe r was placed In their hands bands by I the committee as the thc result of oC an inquiry addressed to It by an lm- lm witness now under sub sub- subpoena subpoena poena The special counsel announced In n taking up theli theIr duties dulles that the they would pres press their preliminary nary work with Kith th all possible speed and declared no time lime will be lost In and urgently presenting K the thO claim claims of oC the government go or orIn In the tho prosecution of ot any Id- Id criminally guilty DE DY SOK The that the natal oil reserves sed le to Harry F Sinclair and E L Doheny may m again aln come como under the jurisdiction of or the na nay nary y departments has led 1 President Coolidge to fix In his i mind the type of or man hp ho will so- so select lect to succeed Secretary Denby A knowledge ledge of ot mining and engineering engi- engi engineering sill III be required It Is un- un ui understood and la In consequence the tl names of or John Has Haya Hammond mining engineer and Inventor Gee Geo E ross rose of Chicago who oho ho was wis chair chair- chairman chairman chal man of or the house na naval na al affairs committee tor for eight years ears and former for for- former to mer Representative e Kelly Helly of ot Mich- Mich Mic Igan MichIgan chairman of ot the naval sub sub- subcommittee appropriations committee of ot the house tlona committee in the tho lt last t con con con- greys ha have ha e been Into the speculation 0 er the tho Impending ap- ap ap I I D ACCUSED I Attorney Gen General ral Daugherty gave avo no Indication yesterday of ot under tire fire to the Democrats for tor his resignation and tl lends Insisted he lIe would not quit gull under such cir cir- circumstance except at the request or of t-o t president Senator Wheeler who ho Bith Ith Senator Borah Idaho Is leading lendIng the fight against hint him charged d In fa the tho sen- sen senate senate ate not only that Mr Daugherty had been Involved 10 1001 01 ed In the tho oil sen scan can I scandal dal from the start but that hIs friends had accepted money in ex- ex change chango for tor Influence alth him and ho he was expected in some somo quarters quart to lu antic a statement last night t but ut maintained silence 00 00 |