Evening star. [volume] (Washington, D.C.) 1854-1972, 1876-04-03
Real Estate Pool.
ARE THE COMMITTEE SURPRISING r


ARE THE COMMITTEE SURPRISING THE
FACTS?
1t has been given out that the committee
did not examine witnesses at their regular
Saturday meeting, because all the witnesses
desired to be excused. This hardly seems TO
he 1act as more than two weeks ago Mr..
Eldridge, one of the five members OF the pool,
addressed a letter (which was published In
the Republican, 10 the chairman, stating in
full his connection with the transaction. and
asked to be subpwned. Two days after he
was subpoeDed TO appear the following Sat
urday. He appeared, and was told that they
should not want him that dGy. Has been 10
readiness ever since. aud on Friday last ap-
Piled to Hon. j. NJ. Glover, chairman. TO be
examined Saturday. Was again informed
that he would not be needed at that meeting,
although he stated TO Mr.. Glover that be
knew all about the pool, and desired to tes-
tify.
Mr.. HilIyer, one OF the parties whose papers
are called for By the subpoena G3scey tecttR 10
to the members of the hrm of kilbnuru &
Latta, also on Friday sent to Mr.. Glover,
chairman Of the committee, the following
letter, 10 which he has received no reply:
WASHINGTON, ID. c., March 81. 1876.
Hon. j. III: Gl0cer. Chairman Of Select Commit
tee on Real Estate Pool.
SIR: In the subpoena duces tecum served
on the firm OF RtlbOurn n Latta there is
special call for the books and papers relating
10 the real estate purchased by Sunderland,
Hlllyer Stewart, and standing in the name
OF j. NJ. Latta, trustee. With respect to this
property know as much as anyone. and
am very ready to tell everything relating to
IL which the committee may desire to hear.
About four weeks ago / appeared before the
committee while in session and stated my
willingness TO testify, and was then informed
by you that the committee would determine
this at some future time. propose To leave
home for California tomorrow Saturday
night, and If my testimony is desired, l
would like to be examined before that time,
bat could wait till Monday night 10 suit the
convenience of the committee. l will state
to you generally that this property, consist
Ing OF um! improved lots in the northwestern
part OF the city, and of which the purchase
price was about six hundred and fifty thou
sand $3.50, 0C0) dollars, belongs exclusively to
Mr.. Sunderland and myself, and no one else
has evef, directly or Indirectly, had an in
ferest In it, or connection with us. except the
small interest once held by ex- Senator Stew
art, as explained by him 10 the investigating
committee of the last Congress. The title 20
This property was placed in Mr.. Latta's
venience, neither OF us has had any conHec
ton with the pool in which Jay Cooke &
Co. were interested, or with any other pool
or parties whatever. The property was
bought by US as private speculation with
out any suggestion from any public officer,
and without any other knowledge than that
which was open TO any one else. We have
already paid in cash about S5C0, 900 of the
purchase money, and shall pay most of the
balance during the present year. We have
sold none OF IL except the lot sold TO Mr..
Stewart, and the lot on the south end OF
square 1873. We hope to make some money
out OF IL when the present dull times are
over. IL these or any other facts about this
property have airy interest for the commit
Tee shall be glad TO state them.
Very respectfully, G. j. HILLYER.