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May 2, 1928

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Headlines from May 2, 1928

SINCLAIR ADMITS GETTING $757,000 IN OIL BOND DEAL; Testifies He Recently Paid It, With Interest, to His Purchasing Company. GOT BONDS FROM BLACKMER Waited Years Before Telling His Directors of Profits by the Continental. HAYS STORY CORROBORATED Oil Man Says He Did Not Contribute to Smith or Roosevelt in 1924.

By Special to The New York Times

Sinclair, before Sen Com, admits getting $757,000 in bonds from Blackmer; says he paid it recently with interest to Sinclair Crude Oil Purchasing Co; did not contribute to Smith or Roosevelt in 1924; Hays story corroborated

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