'And. thereupon, for no other apparent
reason than that the amount had been
reduced, these distinguished gentlemen
set up n paen of praise for McAdoo.
They declared that lie stood exculpated,
that he was washed as white as snow.
It- was the size of the fee not its
riia racier.
"December 12. 1923, Mr. Doheny ap
peared before the Senate committee.
At that time he disclosed the immense
value of the oil deposits he was claim
ing and the unfair nature of the con
tract with the government. Among
other tilings, he admitted that the gov
ernment had paid to him 4.500,000
barrels of oil for building tanks that
would only hold 1,500,000 barrels of
oil. Doheny has also admitted that
he expects to make $100,000,000 from
the transaction.
"But, notwithstanding these dis
closures, Sir. McAdoo did not then
resign.
Calls It Bribe Money
"On January 24, 1924, Doheny again
appeared and admitted that lie had
paid Fall $100,000. This was the
bribe money, of which you have heard
so much. lie admitted that the money
had been carried from New York in
a grip and secretly turned over to Fall.
“Yet, with this exposure blazoned to
the entire country, Mr. McAdoo held
on to bis retainer and kept his em
ployment.
"On February 1. Doheny was com
pelled to disclose the fact that he had
employed Mr. McAdoo. It was not un
til Mr. McAdoo's connection was shown,
and the 'cat was out of the bag' that
Sir. McAdoo was seised by a spasm of
virtue and resigned.
"Not a single important fact was dis
closed at this hearing except that of
Mr. McAdoo's employment. The sole
reason he quit, therefore, was because
his employment had been known.
