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Plentywood, Sheridan County, Montana
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Ex-Senator Frank L. Smith accuses Chicago millionaire Julius Rosenwald of offering 10,000 shares of Sears-Roebuck stock in 1926 to withdraw from the U.S. Senate race in Illinois. Smith declined; Rosenwald backed rival Hugh S. Magill. (Meeting at Congress Hotel, Chicago, Oct. 3, 1926.)
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BRIBERY ATTEMPT
CHICAGO, Aug. 16-(AP)-- Frank L. Smith, who was refused a seat in the United States senate after his election in 1925, stated tonight in an open letter to Prof. Carroll H. Wooddy, of the University of Chicago that Julius Rosenwald, Chicago millionaire, offered him 10,000 shares of Sears-Roebuck stock to withdraw from the senatorial race in 1926.
Smith quoted Rosenwald as saying, in a conversation October 3, 1926, in the Congress hotel in Chicago: "If you will withdraw from the senatorial race, I am here to offer you 10,000 shares of Sears-Roebuck stock."
Smith added he declined the offer without hesitation.
Smith stated Rosenwald was the chief sponsor for Hugh S. Magill, who ran as an "independent republican" in the campaign which resulted in Smith's election and his subsequent denial of a seat in the senate after an investigation into his campaign contributions.
The meeting October 3, 1926, was arranged at request of Rosenwald, Smith asserted. He and his brother-in-law C. J. Ahern, engaged rooms at the Congress hotel shortly before noon. Smith said, and "promptly at noon Rosenwald arrived." Smith and Rosenwald were the only ones in the room during the interview, Smith said, Ahern remaining outside.
Rosenwald told him, Smith continued, that he could not be seated even if he were elected senator, that Rosenwald was supporting Magill and had disclosed in a recent meeting of republicans he would put up $500,000 if he thought Magill could be elected.
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Location
Chicago, Congress Hotel
Event Date
October 3, 1926
Story Details
Frank L. Smith accused Julius Rosenwald of offering him 10,000 shares of Sears-Roebuck stock to withdraw from the 1926 senatorial race during a meeting on October 3, 1926, at the Congress hotel in Chicago. Smith declined the offer. Rosenwald was supporting rival candidate Hugh S. Magill.