The evening world. Newspaper, February 25, 1907, Page 4

iTHE EVENING WORLD, ‘MONDAY, FEBRUARY 28> 19072 “mans -outhern Padltic. . Hartman, _“ahytalla of At aetna the stand that Mr. Harriman: was and not a) reluctant not aceking an about.any of hia rs Were fraught with NEES ae “But you are confusing the and — ther copporn tio: to Mr. Milburn, well with'n our prov: ert 5 Inman Knapp old that we any ag for In thi d to show that the ~ ted beyond a on and the stock ix hardly worth. dollar to-day,” w i ply, We pill show further that there was &@ lot of stock jobbing and these things are what we ‘want to Dring. into Nght, Congress alone has ty order this inquiry nnd the juriediction eAnnot be brought into duestion Dy any} x comes up, too, Question ‘of rate tixine. fon, rer all sihowt ee epee ienne Totes Weught wp mt: ti pepe a railroad aad put nothing in in return, lommisuion has a that the inquire into it." en. the. perueg went ai Pah A Ketlogs- mittee, “gaittest AL Yes. Bouthera Pacitic ‘Line ant the Navi Q. Are you Chairman of the Board of Pirectora Gt the Boutvern Pacine Com-} “pany? “A Of she-Executive Comifitiss, “Q_ Of “the “Executive Comiiiltles?A- ‘Yes. firat—not generally cyrities of other 'Q. About $4,000,6 sold to Kuhn, Loyd & the first 160,00 st the Southern P chaned, was it no + Qo And tha cost of ‘thit stock, the commission on the lon on the pu cord) to ae etateln ‘our HL ys, Mm) for the purcha buy the that, 9 WOO Invested siopk by the ¢ was itt A, show, I live no doubt it was Refunding B atand It, uone of ~ bond . Ainensed ee Q. And of tha Spe this syndicate acquit! A, About 9 per tee TRAIN MISHAPS about $436,007 _ Government Shows at Inquiry Before Interstate Commerce Commission How Chicago & Alton Securi-. e Manipulated.. {Continnved from Fi if was’ $2,000,600. $22,000,000 par value: (FROM A PHOTOGRAPH TAKE! ave ever been Pr 0 and Alton, Sure He Was President. a whews yeu mere | President until Mr. Felton became Dreatdentt ties Wer @nis,Pranklin ho LeaneJames 8) Dar Man_and Charlies A. Pr Kellogg and C. A. Sev Ba -Qoutmet for the -Commtssion; htt 2 Andge Rabetr S To: biirn appeared as counscl/for tr. Wa You were Chairman of the Hoard ‘ance were theory’ ittee. or both—both, I think thand Joss Gi: you. had -contro of the fnanctal Executlye «Commit New, oF mubjedt to thelr control The REpperty the: ti about eight and a huif-milliohs, wa not?’ A. Something lke that, elght und’ a palf or nine millions. 1 Thb star witness appeared, before the Comistesion ffiwer niinutes Jats. duquiry at once jumped into the auestion Of the faimolts hundred-n lo bond fxsve in sof the Union Pac feitte,-which-was- intended forthe! mr-} bonis: to the New York-tife at 96r hase of a controlling i of the Alten; s bonded at the Went to the ‘stockholders. re stockholders.” $10,008,000" of fon convertl. “got; rubstan- all OF the “ponds--alt a tink where wna a subsea HTeo-Big-to Remember, ton wes ‘fast dh “This was done a’ long tline azo, 1 can't recall oll Whe Q. Eight: m!iito: of fhose bonds have not Seen, nold, have. they? A. T they have been pl , have been pledged a: to a, %5,000,00)' note or sit been drying up much the nuntired ‘million bon eonverted: into common - halt milion,” added the witness. Was tho best we could do a John G, DOiburn took & hid | quiry at thie point tind satd ¢ wilont would be iMadeto thalheLw Wor ‘of the cormnission plain id not like the trend of lateral security the rallway. company? Q. Then $22,000,000 of tho: sold ahd substantially all of to these. (our gentlemen? you took the road the book ahowed no surplu warrant: such « 1 had beén Kpent in in They Had Nearly. All. j vere the stock- carry all thesp minor ratlroad were, ; were no other stockholders ex ‘and 1 dgn't see how I can be expected pt of small pmnounta? ‘A. You ‘have had 7 per They_weretht stockholders, — ) In it rot a fact that this ayndl furwett, Mr, Sonitt, Mr. Gowia- and Mr 0.0% jn found pym- day breath at sosn- Alin deren tor tem were worth, fRurpose Of oUF OWN, pone we did. do-what! we pleased with the se-) CuriUen, since they were our the road to make money, and that’s that we ala. 18,000,000 in bonds for Ata & good busts. ast took-wt it; = ‘Then, Mr. Harciman, when you i Mman—solt_$¥ o not know anything abou: I had nothing to do Questions Jurisdiction. ‘We bourht “Tt this “commision ras ~juriedyetiod ever every transaction of Meta -soumery ores “then thia commission n ite ita. God help us if that ba | the case! If you are limited to ques. | tens of interstate commerce, the are infringing on the rignta of others. Aotning less, under the I the land, A law of the land, Sathana Moulstwon, thy, limits of Intorstat the count tellx ‘ail eke; th fatrs, Nothing Mks thin could hap- By CUtside of the Orient. ‘The Unediions put to Mr, Harrini Q.AVbo did sell them? TL presunie Jinn. Lo! you want to giv yuaNbout the Tight. f-wilt tell vow you will get a wrong int 1° Q. 1 do not think so. sil the opportgnity, tr hance to tell Ubiem ea den duit ioveu do net. while the orte- $39,000,000, {4 that the worl to ex. n units to | no repremnting ese fonr men, did not sell te Life Insurance Why. If the records show theso ti It: far beyond | the Nantes T a be. on that the commilssion will dq and on effort veili that the Li pelt fife pract Manéezed the Alton for all thers E yan ttt, -watered_the—stonk to — tho extent of many millions and a it. man ‘tftered hia office rec: ofds to ahow that during hie control or ;the road no les rpeeese hifi tT} be made to in private af- Q. Did you sell your 1a you sell, or did-the syndicate “Paell to the Bantatie— tite | Company a milllon of those in. August, jon't know. * 5 Only Four Men. Q. But the stockholders consisted o than $23,000,000 improvemen: Kellogg nald that thie could never plain-why the syndicate had Ine 1 tock to $82,000, f desidew Chic: =O Tt the New York anid Mr. Ke feof any. other NoxE, WThere in no doubt bout. tt.” |: Herriman—tetore—ttw 1 niohanoce to halt him ‘But this all depends on the rate Interert_pald on the bonda pf (he mri. d Mr. Hatriman. “We dblieutet our- selves to take Over the Alton bonda at 1 | Sin Fune, 99a Nturalty our burned) Ja the transaction) ‘ite jon Fearattn ble 13 fe sRatviduate oF ¢ SOE UAT dikes ue SL ad noumne wuatever nd you four Baenttatty art ca sare' the Ch Siroad._pract Srhat Je itt and yo: to ourselves for as Molintt AL We sold the ihe, Khrolders fe tlemen own- e-RTOCK TK, Was to make moni rathes than lone st. Werte sold to the New York Lite at. 94, re they nat?” “TANT Tl you macy WA Tiron ve asked tre about that before and got my. iry,*-insiared Mr} We —oannes—permit ttt} Tt is. entirely without wounds of the commission “But,” fptergurted Mr, * Harriman or some qther aan has taken a lot of money out of a Great Northern and | 000,000, about=aince July 1 te ty—tre—Northern- See TRAL . mterested In wiid: It wad Tor tat purposs, Jurisdiction, PGA ties ted ennai ave been uzed | s Tnsterd of ¢ in the three months to mm: Jump from (& to 9%, because Twas in | for any other purpose, ey UR EE i but It was used for inv debt for that to the | $131,000,000. HALT ROOSEVELT a-Detour-to-Reach Washington, | |. OVABHINGTON, ‘Feb. 2M. to-day on hls return trin from Boston’ ata) tending school, ‘ihe ‘President was at one driven to Mis. White House, The private car o6 the Federal Express, on the «Pennay delay was due to a number of causes. j The President. however, made the test of the eituation, and spent his time reading the Morning newspapers, » num: At the executive offices a number of commiasione and rom! » awaiting hls he tradr Ignature, the diac y of a dinarrangement of th hand-brake and the dropping of th DIY par at Tre oberrvatoy -Eme nis car, milea north of Baltimore becaus of a On shifted to the Pennaylyariia tracks at {he Anacostia yards, just outside of Washington, am! thence run into. the {PennayivantaRatiroad—etath BAILEY EXONERATED | BY TEXAS SENATE. AUSTIN, Tex. Feb, 2—The Senate to-day adopted A Tesolution dismissing the Balley investigating committee fore —the—committes— coutt prepara report. The resolution adopted exoner- ates Senator Bailey In every partl- euler, The vole was lL aveato il sexe, A. G. VANDERBILT SUED, OR COST-OF AN AUTO. “Francois Richerd ts suing Alfred G Vanderbilt for the price of an auto car whieh, Richerd says Vanderbilt or [that purpe 9 doubt about that Now, moro than forty-fiy of the Bhort Ling money was used Tr commpantes a A. There ta} |v one hundred and fifty million dollars 4 nome of it gradually as it went Jue the returna from fic and Greats te leas than 3 per cent. on the Therefore we con cluded that tt was better to sell tho: the ame mo 1 “that —wount—Rive —uT following out ugh OF TOR In Know they wotld not brine #4 or anything Ihe it at th ligated myrelt to take ray share of them INC oh HE months very much. things you can't account for in m nor can anybody else. —Harriman’s Full Story of the Pacific Deal. thatomust be wap os those bonda are Hsinge July 6 that makea—I beg your ‘fait a minute, VCAREN WIS THE DEMOCRATS ‘OWT BPEL HM Justice Kets Spectat—Term-—fu Preme Court, Brooklyn,’ to-day handed down a decision in the case of Senator Patrick “Henry” McCarren” restraining the sub-committee of State Committee from trying the Sen- 5 “On charwes of treanon, = Justice Kelly finds that the committee has no power lo try an elected member of tie State Committer,. there being no con: atitutlon or by-laws covering the point, pardon? A. lon stopped and Mr of July, we} with @ broadside of questions about th peste Played in the Chicaxo and Alton! %, Tor, and we one of thors jeavi . twenty-seven million K that we held, MEERA HOME fuectuectons, r proper scope of the Inaulr: (Slaten miitone sa eas nurn—contendting—that—tt—shoutd—not vaed to pay Tor’ th pother—sxecur: greater returns hat Tite, We a onitr—rowds. “The “Commtsston” reserved | atocks to real sion on that question, and Kellogg took the ing congo and —Altor- dea Mr, Harrimni large amount +tha—somman-stock cific, fi{tesn milNoi A. In addition to t to- pay for wiry into the Chi- f the Southara- 2 i) an net Now.-one min Tsltimore & Ohio, $45,009, ‘when did you first become connected with the Chicago and AL think it wis 1879, Chicago and Alton” Deal. rior to i898 Mr, Blackstone had Tine money wi buy utocka in other ratte: A. You une I want to specifentty SWteHhokiaphio report of the testi- ot siman bef: the In- | terstate Commerce Commiasion: Income from t «ing As tt was Jn the case of * and Northern Pac — i afairs of that or substantial number of years, had he not? Qir, Haerriman was examined by |} had not in mini ANA a Wale aopees, witty 8,000 Of them bonds o' °, x million and’ a hale dolla: mind simply the purpose o Mid an average of @ Southern Pacite the Democratle of the Union Pacific Railroad? A. Yea, tper cent. or more; ‘ in mind, nar did we, Hove, use that money for the pure: other taliroad--aoska. Q. You have been Chairman of tho ou Beard of, Directors ince about A. Cbairman of ithe Executive Com- nut of all kinda of sub- Tthink #0. ‘This Ihat whatever it wns. “g G."And the reports show the value of be $29,000,000, about. the atte, their balance on thele books showed « value of $0,000,000 and — obliucn tona...of $21,000,000, substantially that? were selling In the market for 49 to 50. Had-a Hand in It. In 1899 you organized a syndicate t buy Ue Cittago- and Alton york, dd 2092 | oONTND, need “to” puy desund for suine other. purpose,.1 4h think all of would hay than te clever mitt million which.24 *"the difference between ce of the securities and the market Oreat/ Northern and “North. reporté” will show Orn particularly whether the ponds It |may havo been used.tor| PATCMally ae: other cmonaya cof Need’ for buying Q. Chairman of the Executive Com- that property tance for that pur same price? than. forty-tiy “f think the defendants, conatituting, the. itate = Comrmittes; have no power under existing condi. withoat any Ruthority by way of conatiturion Q. You are also President The “Oregon” Short gation Company buy Aoutharn ~ Pacttte: Yes, wir; that [a Estim ite—of- Profit a majority. of Ac Harriman Recalls tt. and Northern Pacific. Q_ Yes, 1 think 10? nain tin Uh wedilimite. your ADOUL - F51,090,009, fhing-ibe that: other storia to go down that df there are o-% is|outa(anding one huwdred and for: {the accor the Union DEs Deen A You -haye-the and _elaht Oink Catethe iclpating bonds paving the fy Ance-utthe-coxst of thy Noristiy. Pa TNA honda were to take wp those participating «hat ou eL electors of Kinga County, fore direct Judgment for the plainurt. Commenting on the ‘| Reily—rrote: one-that did= tat? Ptiiirk-g0;-1 had tt id, anyway. “the same time =Q--8o" thkh- we may not dup! ine —¥e— ATO thingy thet heve been put in-perore, < will'ask you In & Keneral way If about ting 1 January, 1901, or during the winter of 1961, the Unton Pacific pany issued or provided for ¢ Of $10,000,009 of Cou the purpope or aequirl rajlway companies? thie that te. hardly 22 We fssued $100,00,00 bonds primarily iy pay for the orn’ Pacific, whieh’ had been pure Paeific, that iy, George J: Gouht amd “Ef the State -Com#ittes ag at prosent COnsUTUCAL IN a niere Vol- untary assvclation, in character, it appeared bout which, voumre. Interrumut | nhd placed in| about Mortimer Sooiff, Minter Im my représentative and the right to mem- pership depends upon tho action ot the pody: iteett, its members—have-no—right} he couris to Interfere tu Juatice Kelly ‘de mbers were elected ac he people, au of the Senatorial district.” Btate Chairman “Fingy"’ Murphy sought to expel Mc Garren because of his open Aght against Kuhn, Loeb & Co.? done was vubilo al the tne. and d pre: qumesyeHt—hate: all thos | Main our best Judgment, We had tent in securities, Ty Fo rirrok weem Iaased Le to-appeal..tot management.” eaded shat thom Me peimarien by te Er Or uth nix to the best advantage we © of which we Ment shows that George Arve of the. Himan 64,535, rest to the Union Ia. | Then the inv it ie mupatanttally” co Connors ana tment of the Fect, fa It noth, here mi eink KO Up or do eee n selling stocks of the thin winter, -FURNITURE! water and every pieced bar. gain. Superlor make of }GRAND RAPIDS enitiom—or f Whtuh had been | 1901 Cattor exa thing. worked | ve pot this mt th fo. f Q, Bo that the par > the s#tocichold: are not now outetanding : rat Northern | jg 3 Northern a Mr made of other co PO. , Mr. ellogg—Of Pacific were tinny refunding | t Vin another way. MANGES BROTHERS, 136, 138 & 140 West 23d -Street. |. ® forced at the ends where’ the strain They're the ‘stron 200 BTYLE® IM QUARTER aire 5 jouthern Paelfle or fundii bonds “thero through Kuhn, Loch 00k which it the stat gest niade. 40 CUK GRUP IN TWO DA LAXATIVE BROMO Quinine remo TY met the genuine, and look for signature of E, It about $0,618.00; 1s “that correct? Ae cording to that etutement. Q. Bo you bought, since July 1, $is1- Pinning Him Down. call fort W. Gror rn Sox dered, but refused ‘to accept. His at- torney Is John 4, Seymour, of No. s) Wall street, The case Ja expected to come up in the Contract Part of the + EVENI TO-MORROW, TUESDAY, ; =a . ry HOSIERY. for)-Men, Women and Children: "LARGE SELECTIONS OF MEN'S AND WOMEN’S HOSIERY; INCLUDING STYLES SUITABLE FOR DRESS WEAR.” WOMEN'S PLAIN SILK HOSE “IN BLACK, WHITE AND VARIOUS SHADES;:-ALSOA—VARIETY. OF EMBROIDERED AND . LACE EFFECTS, MEN'S BLACK. WHITE, AND FANCY HALF.HOSE. = PLAIN AND RIBBED STOCKINGS, FOR GIRL$ AND BOYS, * aitth Avenue, 34th and 3zth Sirerts; New York. ON HOME JOURNEY | President Forced to Make fand John. President Roowoveit arrived! tn Waghineron at 1% On,” Mass. whera” he Went to Vist Nis two sona; who are at- presents jeomerial Jand the id Wd pot-sleen a night from thar tim upted'vy the Pres-| {dentand iis pertx.tormed.o.pazt_ot! Vania Railroad, which jeft Boston at § o'clobk, fast night. It was almost four} hours late in reaching Washingtoh. Tho | fons -for offices! Were 3 about two hours late! the At Philadelpila| eubit ed by the wnlrt- Ing of the President'a car in order to at-| 0" jon th sevent's tach a we fe train and by |Ftrect rtatlon. Borann waz married « 1 2 dintng-car: to the train. and’ by} To anitren. Hie wife wit oUt work Ing_at the time he arf = There was a atill further delay seven| ght wreck In the Pennsylvania Rall-| road tunnel, making It necessary to; shift the train to the Baltimore and] tracks, The train) wun again} Supreme Gourt in two weeks — i B. Altman kn, _ SILKS 6,000 YARDS oF SILK MESSALINE. IN EVENING SHADES, IVORY AND WHITE, 27 INCHES WIDE, ——GRDINARIEY $1.90 PER YARD, arriman Admits that Union Pacific Funds Were Usedin Tremendous __ _ Transactions in the Stocks of Other Great Railroad Corporations EB. H. Harriman on Stand Tells About Manipulation of Pacific RR. Stocks BY AN EVENING WORLD STAFF PHOTOGRAPHER.) FAY A “13 HSE AN AE MAN'S SUICIDE Torin Jo Kolb, seventy-two yeatw 20 East Ninety-ftth qtre i _dixty-twe! years old, of af No. G18 West Thirty-pinth street, to- Any. committed: suictde “by themaelyes at thelr, homes, Ki had Fett f mer}y. a well-to-(lo. butclier In Yorkville, He had eleven chi ‘all, marricd Wome Last Friday was } birthday and @ ‘ith henor pl it Th ad “some y TA Ago, iren, of whom four, 1. survive. reventy-lsecond patty. was held in guosts attended irte and Kolb. ecelyed thirteen birthday! Somedocy: joked about the teen He oni Of Fr a pee and mhe t Kolb's mind. Ferly ‘today Mra oM Kot seventy-yGr-old wife, woke up th find ftpat her huatuind wha missing <trom bed, She caled for him ’and rectiving d to look ‘for! hin, In newer the found hits body, hanging from a” rope ted “aroume am, s x nolbs pad! been: married Atiy. years, Mr. Kolb organized Calumbus Lodge of Odd Fellows thirty-five, yeara kgo and Ind been an officer since. Pt wag fourd totdav Iwing parshy Lo @ WroRe arvu Tec — re shy standing up Oscar Cretiz. a roomer, found the body, neuted Pr minor, of the West Thirty-seven’: t hincel?. | The dimes that make the dollars are saved by _White Rose _ Ceylon Tea Tewice'as Strong; Trauice as Cheap. cur Registered Physicians, leg—One._Dollar_upward.. OCULISTS and OPTICIANS “petabllahed Nearly 30° Years. . AT 68c, PER YARD FIRE SALE Only slightly damaged by FURNITURE A rare tunity for all of Oppo! this BROOKLYN ADVERTISEMENT. eee DIAMONDS, WATCHES, Ere. 60c. PER WEEK © Sunday World Wants Work “ti 5 | pastel ond Agent will ontt, RELIABLE CREDIT WATCH 00. f 129% BROADWAY — || Bhooktym. ¥. 9 . Monday, Morning Wonderaj