New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1874-12-30
IRwINS STOCK spECULATIONS.


The next witness was Thomas b. Musgrave,
q banker aud broker.
Mr.. Kasson-What was your business In rsI2i A.
Banker and broker.
O. DO you know Richard B. Irwint A. did
O. Did he have any business with your firm during
1921 A. He did.
O. OF what paturef A. He bought some stocks.
and changed some OF his that he had Some
stocks that he had lie Sold aud he bought our
place.
O. A general account Of deposits and disbursements
by checkf A. Hadn't better give you the accountf
c. Twill come to that In a momont. Was 1t a business
o; deposits and disbursements cheoksi A. Yes Sir
O. Also by selling through you on margins or other
wsGi A. can hardly say that No: II was what you
Here TWINS account with the witness was exhibited
to the Committee. "a.
you bv Irwin in May. 1872 A. Yes, Sir.
9. Give tho various cash deposits made with you on
Tr TO- soo5 july % $500; that all see here
g. Those are all the cash deposits made with you by
O. The other items III the account represent stocksi
A. He brought in some stocks, see in al April Jersey
E EHchSasc Bank INK a a draft for 5000
@. Did you see him often during the Spring ana Bum
mer up to jane l. 1921 A. Not often.
Q. DID YOU know tho business IN which be was en-.
gagedi A. Yes, Sir. / knew he was getting subsidy
a. O. " f Did he tell you howl A. No. Sir
q. Had you Information to the manner IN which
no expected to get it, or the neans BIO expected to
Nj had general idea how he was wa, going to get IT,
O. Did you ever learn from him the amount OF money
that he hid dsbnrsed expected to disOursef No.
Sir; don't think he ever told me the amount; am
O. 30 far as you know the account yon have pre-.
sented contained no items that mad any relation to this
The Committee adjourned until 1890 u. to-day.
INTEREST CREATED BY THE DEVELOP
MENTS IN WASHINGTON.
KINGS EXPOSURE SURPRISE TO THE LOBBYISTS
HIS TESTIMONY IN 1873 AN EXPLICIT DENIAL OF
ALL TIE CHARGES AGAINST HIM-REPREsENTA-
TIVE PARSONS REPORTED TO HAVE RECEIVED
$4,000.
TBY TELEGRAPH TO THE TRrBUNE.l
WASHINGTON Dec 29-"Bill King has been
smoked out at last" was the remark with which one
lobbyist greeted another this morning. after reading
the papers. g. never thought lie would be caught,
for never supposed that be in the habit of TAX
ing checks in payment for such work as this; but be
doesn't seem to have been sharp enough this time"
The testimony taken in New-York yesterday sur
prised people in Washington greatly, not that any
one who was at all familiar with the
case has ever doubted that King handled
large sum of the money, but it was generally sup
posed, since his emphatic denial under oath. in
1S13 that he had so effectually covered his tracks
that they could not be followed. Mr.. King was ex-
amined by tho Ways and Means Committee In rela-
ton to this matter the 25th of February 1s73 and
lie was very closely questioned He was asked
directly, did you receive any money for
your services in behalf Of this schemer His reply
was "Not one dollar, directly or indirectly" Again
he was asked, did you expend any money for any
body elsep and to this he answered. mo. Sir. not
one dollar. directly or indirectly" The develop
ments of yesterdays testimony make these denials
look very much like perjury for the law makes false
swearing before committee of Congress
just as much crime false oath
in o court Much curiosity is expressed as to
the identity of Kings companion at the time
no drew the money from the bank in New-York, and
the gossips have been busy to-day in comparing the
personal appearance and address of leading Wash
ington lobbyists with the description given, but no
positive conclusion has been reached. Among the
gossip about this case is report that tho amount
of money received by the Hon. R. c. Parsons was