Evening Star Newspaper, December 9, 1926, Page 4

4 % THE EVENING'-STAR, WASHINGTON, D. €, THURSDAY, DECEMBER 9, 19%6. WAGES ARE RISING, LIVING COSTS DROP Lahor Bureau Reports Fairly Constant Gains in Pay Re- ceived by Workers. By the Associated Press. NEW YORK, December 9.—Wages | are going up and living costs down, it is stated in a monthly review of conditions fssued by the Labor Bu- reau, Inc., an organization engaged in conducting economic research for labor unions. “Wage increases,” says the review, “continue at a fairly constant rate. The same number of gains were re- ported this November as last. The only significant factor in the scale | changes noted was that for the first time the building crafts did not bulk | large in accretions to pay. Only two increases were reported for all con- struction workers _throughout the country. Transportation employes, on the other hand, were granted more increases than in any other month this vear. The printing trades, as usual, report more advances than other groups. i verage earnings are also on the increase; all October reports register- ed gains except in Massachusetts, where there was a one-half of 1 per cent decline, due primarily to losses by silk goods workers. For the coun- | try as a whole October saw gains | ranging from 1 to 5 per cent, which brought weeklr wages to a level from 2 to 3 per cent in advancs of last year at this time. “Real wages increased even more with an increasing weekly pay envelope. Smaller outlays were need- ed for the necessities of life, although the biggest item in the worker's budget—food—went up about 1 per cent’ during the month.” SUIT OF COUNT SALM ADJOURNS TO JAN. 17 Nobleman to Seek Witnesses to Prove He Can Take Care of His Son, Peter. By the Associated Press. NEW YORK, December 9.—Trial of the separation suit of Count Ludwig Salm Von Hoogstraeten against Mil- licent Rogers Salm, Standard Oil heir- ess, was adjourned today until Jan- uary 17. Adjournment was taken after the trial had been proceeding for one full day. Tt was allowed in order to per- mit the count to secure witnesses to corroborate his assertion that the no- bleman is both financially and morally capable of taking care of his son Peter, whose custody is sought. Count Salm was on the stand under direct and cross examination during most of yesterday's session. He ad- until the present ume rted by money given Since she left him on January 1, he admitted he had received about 00 from her and had not done a single day's work. The witnesses to be called, accord- ing to the count's attorney, will show that Salm is able to support himself and that he has an independent in- come sufficiently large to take care of his wife and child. The defense admitted yesterday that “» the count has a prima facie case in that abandonment by the countess is not denied, but asserted that the case would be fought on the ground that the New York court has no jurisdic- tion, Referring to the money that had been given to Count Salm by his wealthy wife, plaintiff counsel prom- 1sed to produce witnesses to show that “the reason Count Salm accepted these few paltry dollars was because ife pleaded with hini to do so.” PRENTICE ASPIRES T0 ORATORY PRIZE| John D. Rockefeller's Grandson Will Strive Tomorrow for Ten Eyck Honor at Yale. By the Associated Press. NEW HAVEN, Conn., December 9. —-John Rockefeller Prentice, whe self-supporting student working way through Yale University, de spite the fact John that his grandfather, Rockefeller, is one of the chest men, s added more college career which al- d as brilliant. . who goes to college by day the telephone switchboard D. Haven Hospital by night, is one of the five successful competitors in the Ten Evck orator contest at Yale and, with “Leadership” as his subject, will mount the platform again tomorrow to compete for the coveted go he received the James | holarship awarded “to a man of strong character, of per- sonality, of good standing with his classmates, of fair scholarship and wWho is in need of financial assistance.” Since then, Prentice, a member of the class of 1928, has been mentioned | in Yale scholarship reports as a stu- dent of the highest rank, his average in the academic department being well above 90. The Ten Evck prize was founded in 1888 by the Kingsley Trust Associa- tion, which is the Scroll and Key So- ciety of Yale College, in honor of Henry J. Ten Eyck, 1879. A trust fund of $2,600, the interest of which ded each year, makes possible | the loan w DOHENY SAYS WAR FEAR MADE HIM ENTER INTO OIL CONTRACT e (Continued from First Page.) however, sustained the objection and Admiral’ Cole was excused from fur- ther testimony. Rear Admiral Coontz, who was chief of operations and chairman of the general board at the time of the 1921 war scare and the leases, was calied as the next witness. The same ques. tions were put to him regarding the strategic importance of Pearl Harbor as were put to Admiral Cole” He re- plied that they were of the greatest importance, as was the maintenance of an adequate fuel oil supply at the base for the needs of the fleet. . “In the absence of an adequate ofl supply, what would be the position of the Pacific Fleet in the event of \operations?” Mr. Kellogg asked. Jus- tice Hoehling sustained objection of Government counsel at this point. He also refused to allow Admiral Coontz to express an opinion regarding the adequateness of 4,200,000 barrels of reserve oil. Asked About Oil Decision. Mr. Kellogg asked Admiral Coontz if on July 20, 1920, the general board had made a decision as to the fuel oil situation embodied in a memoran- dum. ““Yes,” replied date was July 2. The memorandum in question was Coontz, “but that {not among the naval files produced in court. Previous to July 2. 1920, Mr. Kei- logg asked if there had been recom- mendations for the construction and establishment of fuel ofl stations. The witness replied there was and that these plans included one at Pearl Harbor. Further questioning of the witness was suspended until the memorandum of July 1920, could be produced from the files of the Navy Depart- ment. Admiral Coontz was then ex- cused for the time being. At this point Mr. Hogan called Charles L. Little, cashier of Blair & Co., bankers, of New York. He asked the witness to produce the bank ac- count of Mr. and Mrs. Edward L. Doheny, jr., during 1921. their balance on Novem- he asked. The balance sheet showed $111,011.65. The only withdrawal made on No- vember 29 was $151, Mr. Hogan then asked about the withdrawals on November 30. Three withdrawals were made, the witness showed, the first for $957; the sec- ond for $100,000, and the third for $230. On December 1 there were no with- drawals, the record showed, and the balance w $9,804.65. “When the next deposit enter- ed on the acccunt?” asked Hogan. “A deposit of $40,000 on December 6 was shown,” replied the witness. The deposit check had been by Edward L. Doheny, drawn on a Los Angeles bank. ‘The balance of the account of young Doheny on December 26, 1921, was $47,687. Another Deposit Shown. Little's records also showed one en- try of $116,002.29 on January 13, 1922, to the credit of Doheny, sr. He was unable to say by whom the checks were drawn and identified them only as being on a Los Angeles bank. Atlee Pomerene, associated with Mr. Roberts as special Government prose- cutor, produced a letter to the bank- ing company from O. D. Bennett, dated January 11, 1922, inclosing two checks totaling the $116.000 figure, which Mr. Doheny, sr., requested be deposited to his son’s account. Mrs. Doheny, sr., then took the stand. After explaining that she and her husband had maintained a home in Los Angeles, at the Plaza Hotel in New York, at 2400 Sixteenth streat, 2501 Massachusetts avenue, the Shore- ham and Wardman Park Hotels, she was directed to tell what she knew about the loan to Fall. Her presence on the stand created a mild flurry of excitement among the spectators as her call to testify came as a complete surprise. She main- tained utmost composure and spoke in a clear unfaltering voice. “When did you first hear about the loan?’ asked Mr. Hogan. Told of It in New York. “We were walking on Fifth avenue one evening about two weeks before the loan was made, when my husband told me of the receipt of a letter from the foreman of our ranch relative to the purchase of some farm imple- ments. i ““Talking of ranches,’ he said, ‘re- minds me that Mr. Fall is anxious to in New buy an adjoining ranch Mexico. In fact it has become an obsession with him. I tcld him I would be very glad to lend him the money to buy it. He said he expected to get it from another friend, but I told him that if anything happened I would be very glad to have him come to me and ask for it. He said he would need about $100,000."" The next Mrs. Doheny heard that made the day her son went to W “Ned's gone to Washington on Congressional limited and I have made the loan to Mr. Fall,” she quoted her husband as telling her. A day or two after young Doheny’s return she saw the note Fall gave in return for the money. Mr. and Mrs. Doheny were alone in their apartment at the Plaza Hotel about the 20th of December, 1921, and were preparing to leave for Los Angeles, the witness id. Asked to relate how the note cas torn, she said: “I had just vaid a bell boy for a package he delivered and when I re- turned to the room my husband said; ‘Mommie, T amn looking at this note of Mr. Fall's. If anything would happen to you or me on our way home, and this note should be found in my wal- let the executors would demand pay- ment and Mr. Fall would be rn worse circumstances than when I loaned him this money. I will tear off the signature and give it to you and I will keep the body of it in my wallet. If they found it on me they would take it home to Ned, and he would un- derstand.’ “He told me,” continued Mrs. Doheny, “to take very good care of it, and I did. I had it'in the Security Trust and Savings Bank of Los Angeles. In 1923 and 1924 I looked for it—looked every place in the world for it. Finally I found it in April, 1924, in an envelope under a band on some securities, and where I had looked before.” “Where s it snow?” Hogan. “Right here in this bag,” she de- clared, opening her beaded handbag at the same time. The torn strip of paper bearing the signature of Fall asked Mr. was produced. Photostat copies had ! been made of the two parts and the | reconstructed note in the presence of Mrs. Doheny who verified this. Hogan then showed the note to the ury. e reply to questions from counsel, Mrs. Doheny declared she always traveled with her husband and al- ways looked after the transportation of the two. At the request of Mr. Hogan she had prepared a memo- randum of their travel in 1921 and 1922, Much Distance Covered. The itinerary of the trip was given as follows: Left New York and arrived at Los Angeles December 24, 1921; returned to New York January 28, 1922; ar- rived at Tampico, Mexico. March 22; at Mexico City April 2, at Los An- geles April 10 and at New York April 16; left New York for Mexico City and arrived April 24; left for Los Angeles May "6 and arrived May 12; August 1 left for Alaska, returned August 29; left September 30 for New York City; left for Washington Oc- tober 24 and returned three days later; left for Washington November 29 and stayed here until December 15, when they returned to New York City. At no time while Fall was Secre- tary of the Interfor did he visit the Doheny residence in Los Angeles, she said, but prior to that time Fall and his family had been frequent guests. She said that in 1921 Mr. Doheny w invited to a dinner given in Fall's honor in one of the National Parks, but her husband was unable to at- tend. This concluded the direct ex- amination, and Mr. Roberts an- nounced he did not wish to cross- examine Mrs. Doheny. Mr. Doheny, jr., who is under in- dictment on a charge of bribery, followed his mother on the stand. He said he is 33 years old and the only child of his parents, while his family consists of one son and four daughters. He was mobilized into the naval service as an officer in 1917 and served until 1919. He met Capt. Robison, a previous defense witness, during this period and has known him ever since. Connection With Firms. Mr. Doheny’s connections with the ofl business of his father began in 1916 in a minor capacity, and today he is vice president and treasurer of the Pan-American Petroleum Co. of California._and a stockholder in the Pan-American Petroleum and_ Trans- port Co. In 1921 and 1922 he was treasurer and head of the property de- partment of the former company, but this had no connection with the naval lands. He has known Fall ever since he was-a small boy, he testified, although the former Secretary never had been at his own home. Asked to recall a business transaction between his fa- ther and Fall, Doheny said: “Some time in November, 1921, fa- ther told me he was going to lend Mr. Fall $100,000. He wanted to purchase a ranch in New Mexico, and if he did not do it certain water rights might get away from him and the land would be worthless for ranching pur- poses.” Later Mr. Doheny said his father came to him and told him that Fall was ready to go to New Mexico to close the ranch deal, but that he did not think he had quite enough money in his bank at that time. Inquired About Balance. “Father asked me to call Blair & Co. and ascertain his balance, which I d@id. It was only $10,000 or $11,000, not enough, of course, for the pur- pose. Father then asked me about my balance and I told him it was about $100.000.” Young Doheny said that upon find- ing the condition of his father’s bal- ance he then offered to advance him the $100,000, which his father said he would refund. “He told me to go to Blair & Co. and get the $100,000 cash and take it immediately to Fall in Washington,” sald the sof He then explained that he notified ¥e bank of the amount he would want and went there to get the cash, accompanied by his secre- “I then proceeded with my sec- retary to Washington,” he said. The witness told of having made a stub of the withdrawal. “When you got to Washington, where did you go?” asked Mr. Hogan. “To the Wardman Park Hotel,” What Xmas Gift Could Be More Acceptable Than A Baby Grand Piano Take advantage of the special values PHONE SOCIETY MEETS. 800 Attend Session in Ballroom of City Club. Nearly 800 members of the Washing- ton Telephone Society were present at the annual meeting last night in the ballroom of the City Club. Vaude- ville sketches and dancing were on the program. Prizes of chickens, ducks, turkeys and clgarettes were awarded. Preston C. King presided. The com- mfttee on arrangements included W. 8. Studdifo«, chairman: J. L. Vande- gritt, F. J. Irish, E. L. Florance and John T. Waters. ittt e Lecture on Bible Lands. An illustrated lecture on the re- mote sections of the Bible lands, touching on the French rule of Syria end the international problems of the | Near East mandates, will be given tonight and tomorrow night at 7:30 o'clock by Dr. Willlam T. Ellis at the Central Presbyterian Church, Six- teenth and Irving streets. Dr. Ellis | bas just returned from a 10-month | trip to Arab territories. Dr. .vamea] H. Taylor, pastor of the church, will pgeside, we are offering. New Grand Pianos, $585 to $1,250. Slightly used Grand Pianos as low as $450 Terms If Desired DeMoll Twelfth and G Streets When You Want a Victrola or a Victor Record—Think of DeMoll’s. PIANO AND FURNITURE CO. young Doheny repled. ‘““Tnere I askad for Mr. Fall's room to tell him that there. I gave the clerk my Went Upstairs Alone. ‘When young Doheny went upstairs to see Fall he said he left his secre- tary walting for him. Hogan asked the witness to relate what took place. “I first asked Mr. Fall about his family, and then told him that I had brought the money which father had promised to lend him.” The witness then stated that he took the money from its receptacle— he did not mention whether it was a satchel or not—placed the stocks of biils on Fall's desk and counted them to ascertain whether the full amount of $100,000 was at hand. ‘Then Mr. Fall sat at his desk and wrote out a demand note,” Doheny said. Hogan produced the note which Do- heny identified as being in Fall's writing. “I then told him that he had not filled in the interest rate.” Doheny re- lated. Fall told him that his father had not said anything about what rate of interest the note should bear. “I didn’t feel like dictating the rate,” Doheny said, adding that Fall said that the rate would be the legal rate of interest. He sald he did not remain with Mr. Fall for more than half an hour and then took the train back to New York. “In the morning I handed the note to father and told him what Mr. Fall had said about the interest.”” Learned About Torn Note. “When did you learn that the note had been torn in half?" asked Mr. Hogan. “I think about Christmas of 1921; I learned that from my mother,” the witness replied. At this point Mr. Hogan shifted the questioning from the $100,000 note transaction to Do- heny’s connection with the leases and contracts. The young man said he had nothing to do with either the April 25 or December 11 leases, since they did not come in his department. In response to further questioning, he related calling on Admiral Robison at the latter’s office in behalf of a Lieut. Woodbine, an old shipmate. He had no discussion with Robison then about oil matters, he said. Robi- son_invited him to dinner that night at his home, and then the witness said the question of oil drainage was brought up by the admiral. He said Robison was anxious to see the Navy benefit from the reserves and asked him_about offset wells. “I told him I was not very expe- rienced in such matters, and he asked me about getting the benefits of my father's advice and experience.”. Young Doheny said that he would speak to his father about it. “Did he mention Pearl Harbor?” asked Hogan. “Yes,” replied Doheny; “he said he was trying to get an adequate supply of fuel oil for Pearl Harbor, saying that high naval authorities believed such a supply necessary in case of an attack in the Pacific. He said he thought it one of the most important questions of national defense taken up by the Navy.” After this conversation with Robi- son, young Doheny related it to his father and arranged for him to visit the naval officer the next time he was in Washington. Senior Doheny Called. After Mr. Hogan had produced a certified copy of the treaty for limita- tion of armaments signed February 6, 1922, and proclaimed August 21, 1923, he called Mr. Dohey, sr., to the stand. The oil magnate carried his left arm in a sling made with a large vari-colored handkerchief. He walked with rapid step to the chair, crossed his knees and settled himself comfort- ably in preparation for the long direct examination that appeared to be in store for him. The witness’ voice, naturally of a rather high tone, was clear and distinct. He said he is in his seventy-first year and was born at Fond du Lac, Wis. In 1872 he went to Kansas and served successively as a surveyor, a book agent, and a restaurant waiter. Going to Wichita, Kans., to work in a packing house, the witness said, “I met Charles Du Bois, now in your city here, who was a surveying con- tractor, and he gave me a job as extra man in camp.” Mr. Doheny said he was 17 years old at the time. On return from a surveying expedition to Fort Sill, he and a friend bought some horses from the Indians, which they later sold to various farmers. Jolning up with a party headed by a Mexican who knew of gold in the Black Hills, Doheny experienced his first adventure as prospector. From the Black Hills he went into Colorado, Arizona and Utah, spending 18 years in this type of work. Then he went to Kingston, N. Mex., a town which he founded and with Thomas Grady, who testified as a character witness yesterday, discovered the first mine on November 4, 1880. Met Fall in 1886. He stayed there for 10 years, he said, and in 1886 he met Fall. “I was the owner of the townsite and the owner of some of the prominent claims,” related the witne: “Fall Safe Milk Produced in 0600666666664 was working in the Gray Eagle mine ! at the time. Later, a new county was organized and Fall took an ac- tive part in it, being one of the candi dates for the territory Legislature.” Mr. Doheny sald he taught school ! in Kingston and after he fell down a shaft of 105 feet and broke both legs he studied law, “not because I expect- | ed to become a great lawyer, but to occupy leisure time.” He practiced law for a while in New Mexico and then went to Los Angeles, arriving there in 1890, “dead broke.” Two years later with his partner, whom he referred to as ‘“Canfleld,” Doheny opened up an ofl territory in | the heart of Los Angeles which later necessitated the drilling of 2,700 wells and which produced nearly 100.000,000 barrels of oil. “Canfield and I sunk the first well with a pick and shovel,” he explained. o Bankrupt In 1896.______ In 1896, and at the age of 40, he went into bankruptcy and then open- ed up a new oil district outside of Los Angeles which he later sold to a railroad company. Seeing that some prospectors at Bakersfield, Calif., had struck a “Bonanza,” Doneny said he bought out their holdings and, in fact, is the discoverer of Bakersfleld. On ! the invitation of a Mexican railroad official he went to the southern re- public and discovered oil and produced ofl for the first time. This adventure into Mexico produced more than $600,- 000,000 worth of ofl which was sald mainly along the Atlantic Coast, he said. In 1916 the Pan-American Co was organized. Mr. Doheny is not now connected in any way with the Pan-American Petroleum and Trans- port Co. Throughout these years the witness snid he continued to know Fall and kept in touch with the latter’s prog- ress in his career as a public servant. Fall served as chairman of a sub- committee of the Senate to look into Mexican affairs and Doheny said he | was called upon as a witness to give ! his knowledge of that country and spent two or three days upon the stand. Mr. Hogan questioned the elder Doheny somewhat at length into the latter’s activities prior and during the World War. Doheny related how he had placed at the disposal of the Pres- ident at the outbreak of war his com- panies’ petroleum and ships. During these war days, while serving on the national petroleum war council com- mittee_in New York, he frequently saw Fall and renewel old acquaint- ances. He said he had discussed many matters with him concerning the Government's necessity during the | war and particularly the protection of Americans in Mexico. Fall Planned to Resign. When Fall was appointed to the cabinet, Mr. Doheny said, he under- stood from the Secretary that he in- tended resigning at the end of the first year of the administration. Later, when Postmaster General Hays resigned, he sald that Fall had told him that the-President had requested that he (Fall) should remain longer in the cabinet. Mr. Hogan then abruptly shifted his examination to the loan to Fall. “You made a loan to Fall?” asked the attorney. “Yes,” Doheny replied, ‘$100,000. It was the last day of November, 1921.” Hogan asked when was the first time Fall had talked with hith about purchasing property or about a loan. “The nearest I can recollect,” said Doheny, “some time in November he was telling me of his desire to acquire the Harris ranch, next his own in New Mexico, at a reasonable price. He stressed the necessity of getting the water rights.” “He said he had talked with some one in Washinton, about the matter— it was Edward B. McLean—but was not sure that Mr. McLean would go into the deal. He said, however, he might be able to get the money from some other source. Offered to Make Loan. “T then told him quite casually: ‘If you fail to do that, Senator, and need the money very badly you can get it from me. I can let you have it.""” The witness sald that the price mentioned was about $90,000. “At that time Mr. Fall said that if he could get the money from some other source he would not trouble me,” Mr. Doheny said. Mr. Hogan asked what security Fall offered. “That security was a mortgage on his property,” Doheny said. At this point Mr. Doheny stated that he knew about the Fall property in New Mex- ico and entered into a lengthy and descriptive account of conditions there, particularly of the necessity of acquiring water rights for the pro- tection of cattle. Fall's ranch he said covered thou- sands of acres. “Did Fall say anything to you about the value of the Harris ranch and cattle?” asked Hogan. Doheny replied that the ranch could have been purchased for $90,000, though Fall had told him that it was worth a great deal more than that to him. gmzzwmwzzammmcmcm with Dr. J. Thos. Kelly, Jr. Your Baby! A wealth unmeasured by any earthly standards! Give your baby the nourish- ment necessary to build sturdy bodies and sound minds; the proper diet includes such a body- building food as our Holstein Nursery Milk. Asked About Extra $10,000, He testified that he did not think Fall mentioned what he intended to do with the extra $10,000, which for Babies‘ Co-operation D 0G00000000000000000000000000000006000000000006000000000000000000002300022300000000000e Hogan suggested was for improve- ments. “Did Mr. Fall say anything about not having liquid capital?” asked Mr. Hogan. “Only what I already knew,” re- plied Doheny, “that he would have to borrow the money somewhere. That was at the time he mentioned Mr. McLean and when I told him I would be willing and glad to lend it to him.” ‘This interview with Fall took place at Fall's room in the Wardman Fark Hotel, Mr. Doheny said. “Did you tell anybody else about it?” asked Hogan, ‘“Yes,” he replied, “I told my wife and son.” ¥ Mr. Hogan then asked him how he ‘happened to hear from Fall that he desired to consummate the loan. Telephoned About Loan. The witness explained that Fall tele- phoned him in New York saying that he was going to New Mexico and that he would appreciate having the loan then. “I said I would be glad to do so, that I would send him down a check,” Mr. Doheny said. Mr. Doheny said that some time ago, he did not recollect whether it was at his suggestion or at Fall's suggestion, he sent the money down in cash. Attorney Roberts objected to Mr. Ho- gan’s line of questioning and the de- fense attorney reframed his query. “What was said on the subject of a check?” he asked. “Since I have refreshed my memory, by talking with Mr. Fall, I know that it was Fall who suggested the cash,” replied Doheny. “He sald it was to be a cash deal and he would have to pay in cash.” Mr. Doheny then sald that he had " asked his son to get the money and take it to Fall, obtaining from the lat- ter a note in return. He had not talked over the question of interest with Fall, but added that Fall had offered him a mortgage on his own ranch and the Harris ranch as security. “I told him not to bother about that,” said Doheny. “His note was good enough for me.” He had explained to his son that his own bank balance was pretty low at the time. At this point Doheny said: “I want to tell the jury that this transaction was of no concern to the Pan-Ameri- can Co., that it had no bearing on the company. I want to say that at that time our company had between 20 and 30 million dollars in the bank.” ‘When his son returned from Wash- ington, Doheny said, he explained about the interest and trat Fall had said he was the one to fix the rate of interest. He then put the note in his wallet, he said. Mr. Hogan then asked the witness what occurred when the note was sep- arated in two parts. Doheny explained that he and his wife were anxious to return to Los Angeles for Christmas, and just be- fore their departure from the hotel he told her that if anvthing happened to them, “I did not want the note to be an instrument of torture rather than an assistance.” Told Her to Keep Part. “I took the note and tore it care- lessly. . I handed her the ragged edge with the signature and kept the other I told my wife to keep the other safely.” Mr. Doheny stressed that if they did happen to meet with an accident, he did not want the executors of his es tate to force collection of the loan from Fall, whom he knew was in no condition to pay. When Doheny came to Washington early in 1924 to testify before the Sen- ate oil committee he had not been able to find the torn part which bore Fall's signature, he testified. ““Have you received security for the note?" asked Hogan. 3 “Yes, replied the witness. “About a year ago.” Here Doheny referred to a “certain court incident” by way of fixing the date the note secured and when Hogan said: “Do you mean about the quashing of the first Indictment?" Mr. Roberts vigorously objected. The court, however, allowed the question to stand, inasmuch as it was put with the view of identifying the time ele- ment of the note. The oil magnate said Fall came to Los Angeles in May, 1925, and gave him one-third of the stock of the Tres Ritos Cattle and Land Co., which had been organized following purchase by Fall of the Harris ranch with th: $100,000 loan. Since that time th stock certificate has been in Doheny’s possession, he said. “Mr. Fall told me at the time he gave me the security | that the property was valuable, but | rain was slight, there was no grass, the cattle were starving, the price had fallen and there was no profit. Con- sequently he asked me to take inter- est in the company instead of cash. Holdings of the company now are worth $600,000, and therefore my in- terest is twice the value of the note.” “When di vou first learn about d Mr. Hogan. id I almost made them,” re- plied Doheny. "I was one of the men interested when the Government wiped us out by the withdrawal order of President Taft. I have known of the Elk Hill area since 1900.”" The witness explained he had visited the Elk Hill reserve but had not in 192 been on resel N since it had been set aside as “How w our attention drawn to section No. 17" asked Hogan. “Through an advertisement on the part of the Interior Department, ask- ing for bids,” replied the witness. Doheny explained that his com pany put in a bid for a liase to drill 24 wells and was awarded the privi lege. Owing to some litigation on the No. such. (Continued on Page 5, Column 4.) ’, to borrow. fractionborrowed you agree to de- fo:it 31 per week n an Account, the proceeds of which may be used to cancel the note when due. Deposits may be made on a weekly, semi- monthly or monthly basis as you prefer. For each $50 or' har The terms of Morris Plan Loans are simple and practical and fair—it is not necessary to have had an account at this Bank Easy to Pay MORRIS PLAN BANK Under Supervision U. S. Treasury 1408 H Street N. W. acter and Earning Power Are the Basis of Credit” N e Loans are pass- ed within a day ortwo after filing application— with few excep- tions. MORRIS PLAN notes are tsvally made for 1 year, though they may be given for any period of from 3 %0 12 months. ---See a lot of new things. --Save a heap of valuable “looking around time.” ---The most perplexing gift list meets a Tartar in the Becker - Gift Gallery So vast are the assortments that the task of indeed a simple one. around. Interesting pieces gift selecting is from the world Set of Nested Ash Trays Here’s a gift that will be appreciated and will find use the year around, - What a Makes t! a pleasurable one. ing as can be. HHAERS Mail Orders Prepaid Desk Set gractica.l thought for a gift. e matter of corresponding This one is shown in bronze and is good look- Cocktail Shaker A “sociable chap,” be- cause it's such a good mixer. Silver plated, Hammered silver finish. 5675 Chinese Brass Jars A present from the Far ast. Gleaming, quaint~ ly .de_signed, distinctive, Pair is priced at Italian Pottery Rich colors— with the charm. ing touch of the old-world artist. Beautiful lines. This vase is In- dicative of our assortment. 5] 3.50 i Telephone Main 4454 1314-16-18 F STREET