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Sign up freeThe Pensacola Journal
Pensacola, Escambia County, Florida
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US government launches exhaustive investigation into leakage of cotton statistics by dismissed associate statistician Edwin S. Holmes. New York and New Orleans cotton exchanges demand full probe and punishment to prevent corruption in agricultural reports affecting trade.
Merged-components note: Continuation of the same article on the investigation of cotton statistics leakage; sequential reading order and matching topic.
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By Associated Press.
Washington, July 12.—The investigation that will be made by District Attorney Morgan E. Beach into the charges that there has been a leakage of information in the matter of preparing the government cotton statistics will be far more exhaustive than that conducted by secret service operatives at the request of Secretary Wilson.
Acting Attorney General Herrit has completed the examination of the papers transmitted to him by Secretary Wilson and thinks there should be a further and detailed legal inquiry and with that end in view has referred the whole matter to Mr. Beach.
Expense will not be spared in gathering evidence of the methods alleged to have been employed by Edwin S. Holmes the dismissed associate statistician, and in exposing any accomplices he may have had in his operations. It is possible that a special grand jury may be called in the investigation of the affair.
NEW ORLEANS EXCHANGE WANTS INVESTIGATION.
New Orleans, July 12.—President Britton, of the New Orleans cotton exchange, to-day addressed a letter to President Roosevelt in which he says:
"The recent exposure in the statistical bureau of the agricultural department has developed a situation which in cotton trade circles for many months has been so strongly suspected from apparent indication as to amount to positive conviction of wrong doing.
Now that the exposure has been publicly announced, a feeling of intense indignation prevails in the trade interested in fair dealing by reason of the department having been used by a clique of corrupt speculators to promote their individual and selfish ends, and it should be known who have been the beneficiaries, corruptors and corrupted as well."
In the name of the board of trade Mr. Britton calls for a searching investigation.
WROTE TO ROOSEVELT REGARDING THE LEAKS
By Associated Press.
New York, July 12.—Walter C. Hubbard, president of the New York cotton exchange to-day addressed a letter to President Roosevelt regarding the leaks in the cotton report in which he requests a full investigation of the methods which led to the corruption with a view to preventing the possibility of its recurrence. Mr. Hubbard's letter, in full, is as follows:
"The Hon. Theodore Roosevelt, President of the United States, Washington, D. C.:
Dear Sir—On behalf of the New York cotton exchange I want to say that its members have been greatly shocked by the recent disclosures of venality in the department of agriculture, upon whose reports they have depended for accurate information in the conducting of their commission business.
I beg to request that a full investigation be made of the methods which led to the corruption with a view of preventing the possibility of recurrence and that the guilty ones be adequately punished.
Official reports should be above the suspicion of publications in the interest of any persons for their individual benefit and as president of this exchange, I wish to put its members upon record as utterly opposed to such culpable proceedings.
On the line of common honesty I ask you for your most emphatic condemnation and action upon the practices which make legitimate business impossible and put the members of our body at the mercy of tricksters and knaves.
With great respect, I am yours truly,
WALTER C. HUBBARD,
President New York Cotton Exchange."
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Commercial Details
Location
Washington, D.C.
Event Date
July 12
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