National Republican. (Washington City (D.C.)) 1872-1888, 1874-04-10

By Mr.. ChrIsty: Q. When was 4 that this ar
was entered intoH A. I think In 1871
O. At what time In 1S722 A. think during
the summer Of 1872; could not say positively
tive to this subject with Mr.. Rilbournf A. Not
with reference to this subject.
have had great many conversations with him
@. Did you invest this sum Of money simply on
the suggestion Of Mr.. KIlbourn that he would In
vest II in real property within the city of Wash
Q. Without the place being designated at all,
or part OF the city2 A. was perfectly willing to
leave that to his own Judgment and discretion In
Q. To what extent did he propose to purchase
property A. My impression is, as have stated
before, that in this arrangement he had parties
who proposed to go into It to the extent OF forty
hfty, or sixty thousand dollars.
q In addition to what you put In. A. fes,
sir.
Q. Did he speak Of the number OF partiesf A.
q. Did you see no one else during these nego-
tiations except Mr.. Kilbournf A. met people
q. 1 am asking as regards this subject. A. Me-
q. DID you talk with James M. Lattaf A. Not
@. Did not James NJ Latts know the fact that
you had an interest as beneficiary In these put
chasesi A. can not say positively:
lions with Mr.. Kllbourn when you agreed to make
the advance? A. My impression is he was not
present.
Latta's testimony
Mr. Ohristy. II we can, If 1t be necessary.
BY Mr.. Wilson: Q. Was there any writings OF
gard to this natter A. Mytmpression and recol-
lection is, Of course, that there was to be.
Q. Was there ever anyi A. No. sir: that is, I
left open until the purchases were completed.
q. Did you take from him any evidence that he
had received this s25 900 in money from. your
he's 81 a., III lie
that were drawn from time to time. This money
was drawn from time to time as purchases were
made.
Q. Did he simply check on your bank' A.
q. Were they ordinary checks? A. Yes, sir.
Q. Was there anything in them specifying for
They were signed "Hallet Kilbourn, trustee"
q. Were you cognizant Of the fact that other
persons were interested in this matterf A. Yes,
Sir; but did not inquire who they were.
O. Were you cognizant of the fact that Hallet
Kilbourn was taking all the conveyances OF this
property in his own name as trusteer A. sup
q. And ye: you have no writing whatever to
show in regard to It? A. On that point would
say that the execution Of writing declaring the
trust was postponed until the purchases were
made, in the meanwhile these checks serving as
Of the transaction. My impression is
that declaration Of trust was made afterward,
but Il Yves on account OF some additional pur-
chascs, and possibly the sale of some of the prop
erty, that 1t was given back to MIR. kilbourn, and
thus the matter was overlooked instead Of having
the preparation Of a new declaration of trust.
But cannot be positive on that point whether
there is any declaration or not.
q. Why was 1t that you never made any inquiry
as to who 1t was that was associated with you In
these purchases? A. Because did not consider
that that concerned me at all. 1t was my own
with Mr. Kilbourn.
Q. Who, among the other persons were to be
jointly interested with you in this property A. 1
had every confidence in MIR. Kilbourn's faithful
execution Of the trust.
n vnY, bV,Or tI,a kn hof
In what was called pool, and purchases made
by persons contributing to this ''pool?" A.
knew that pro rata INTEREST," felt 1t would be
perfectly safe In Dir. Kilbourn's hands without
reference to who the other parties were.
z. You knew your money was to go Into the
hands of Mr.. Kilbonrn, along with the money of
common fund, and that with that common fund
property was to be purchased and held by Mr..
kflbourn as trustee in common for all the parties
to the fund pro rGtdl A. Yes, sir.
Q. And yet you never made any inquiry as to
who were your associates in that transaction A.
Never.
Q. And do not know anything about who any of
hem wereH A. No, sir.
q. And no writings ever were drawn with q
view of showing the purpose for which Kilbourn
| have already explained that point.
Q. There were no writings3 A. No, sir; say
10 not know absolutely that we have any now.
given back to be changed on account of the change
IN the property. There had boon additional pur-
,hases Of property, and some sales, and the mat
,er was overlooked probably
Q. Are you going away from the city, Governor
Mr.. Cooke. No, sir.
q. You expect to remain here several daysH A.
Mr.. Wilson. There are other matters wish to
Isk you about, and suppose we will all want to
lsk you something about it. I do not care to go
nto that matter now, as It will be rather lengthy.
ar transaction
Mr.. Wilson. No, sir.
nh
and expect to be gone two or three.
lays; but l am at the service OF the committee at
my time.
The Chairman. We will try and accommodate
,ur examination to your convenience.
Mr.. Cooke. l will be here at any time.
by Mr. Bass: q. Did you ever have any &C.
,Uunt Of sales or purchases rendered to you: A.
No, sir. 1 saw a statement some nine or ten
months ago, but 1 do not recollect now precisely
he localities. merely glanced at it.
@. 1speak Of the amount Of the investment.
Ir seventy thousand dollars.
Q. OF tho investment or capital2 A. Capital.
q. How much was the Investment A. or
Q. Beyond that 1 mean, were the purchases
made for cash or on credit A. Partly for cash
Q. And the cash capital was some fifty or sixty
thousand dollars? DO you recollect the amount
# purchases A. No, sir; want to say, in this
oppressed with business; exceedingly occupied
n my double duties as Governor of the District,
IS q member Of the frm Of Jay Cooke Co., and
ny other business engagements. @! gave what
are and attention could to these things, but, in
he multiplicity of these matters, my memory is
lot quite as distinct It would be had had less
o occupy my mind.
q. In comparison with your other adventures
his was not regarded as a very heavy one at the
imeH, A. No, sir; hardly gave 1t a second
bought -
Oh. oUINBY, RECALLED.
Tho Witness. simply want TO make amend
nent to some Of my statements yesterday. On
age 9i3, should have stated that In the No. l
re used tar, instead Of In the No. 2 Then on
age 945, where used the language 80, 900 feet"
n speaking Of the lumber brought from Chicago,
should have said 800, 900 feet" II the commit
ee will allow me, in justice to myself, l would
Ike to make one explanation with reference to
DR.. McClellan's testimony regarding me.
The Chairman. That is proper. Go on.
The Witness. He stated that said to him had
money in my pocket which received to break up
they did not give me money, would use my in
uence to burst them up. To the committee
Tish to say never received an offer of a single
ollar. No man ever paid me single dollar; nor
i'd ever tell Mr.. Mcclellan any such thing, 10
is office or any other place. unqualifiedly pre-
ounce the whole statement to be false.
Gentlemen, on account Of sickness in my family,
would like so be discharged and go home, II
m not wanted.
Mr.. Christy; We have done with the witness;
lie can be discharged.
1.-The witness was thereupon discharged.l
The Chairman. Mr.. Christy, Governor Shep-
erd has handed me full statement of this matter
{ pipe, which 1 call your attention to. May
ow repeat the question that put to counsel
esterdayf INQUIRED Of counsel In reference to
heir witness, to see II we could not close up the
estimony on the part Of the memorialists without
raiting for the final disposition Of the DeGolyer
Mcclellan matter.
Mr.. Christy. think SO. We uill go on steadily
The committee thereupon adjourned until to- |