The New York herald., 1879-08-28

Mr.. Jewett thought. considering the position no
occupied. the committee ought not to require him
to name any persons. He did not know Gould was
one; had not heard that Gould was now seeking to
recover . from the company compensation tor SER
Mr. sterne asked if the adverse peoples suit was
not instigated by Jay Gould
MI Jewett stated that he preferred not to answer
the question.
Mr. sterne offered to show thss the peoples suit,
in which MI Jewet was appointed receiver, and the
of Angel the Erie Company were instigated
by Gould. and that the appointment Mr.. Jewett
receiver was the result OF compromise between Mr..
Jewett and Jay Gould; and that final settlement
between Gould and the Erie Company was q result
following the receivership and appointment Of Mr..
Jewett.
Mr. Jewett replied that he did not know until the
afternoon OF May 20 morning OF May g. 1875 that
he would be appointed, and that no suggestion
made by him as to the selection OF receiver.
1Ir. Sterne then read from the minutes of the
company to show that the appointment OF Mr.
Jewett was discussed at meeting of the Board Of
Directors several days previous. Mr.. Jewett did not
remember u subsequent meeting of the directors ON
September 2, 1875. at which letter from him to Mr..
watEin. OF London. was rea |. stating that the
receivership should continue only SO long might
be necessary protect the interests OF creditors
aud shareholders. and that 1t might be used q
tered Into He identified the letter and reiterated
the sentiments expressed therein; identified tho
cable despatch sent by him to Mccullough, saying
appointment OF receiver were taken ut the sug-
gestion Of the directors and in full accord with
them.
On Mr.. Jewett's retiring from the stand. he said
he hoped the COMMITTEES would have good time
ceived with smile by the large audience in attend-
ance.
MR. VANDERBILT ON THE STAND.
The examination OF Mr.. Vanderbilt was then
sumed. He remembered q company named 'Ihe
Southern Improvement Company. Alter an
examination OF the contract he said he
did not recognize it. but as his name
signed, he supposed it was made by his
father and Horace CLARK; he will produce the
tract from the Office; the contract between the
Improvement Company, the New York Central and
Lake Shore and Michigan Southern; he did not
I'm at cOntr made at m a m
with the Pennsylvania Railroad Company. and did
not remember any verbal contract with the SOUTH
ern Improvement Company in relation to carrying
OIL the contracts were made and handed to him to
sign; he had no remembrance Of an agree.
feet equality to ali shippers. fixing the
on 1 to M
to Philadelphia and Baltimore at 81 20; he told how
he built branch road to Clsrksviiie. on the prom
reception. with u band Of music. when he went
there. aud promised all their oil shipments; yet he
got barrel AS freight from there he told the
Standard Oil Company that any concern could have
the rates oil they, and thought other
parties besides the Standard Company had transport
tstion OF oil the New York Central.
letter was read from Lombard Ayres. Denslow
& Bush and other firms. requesting equal rates for
shipping. Mr.. Vanderbilt said they were the parties
who got out band OF music at Carksvlle. yet never
shipped any oil on his road; he had made contract
with some OF those firms. but they shipped by the
Pennsylvania Central; he would not insist on their
shipping much as the Standard; only required
personal interest in the pipe line the New York
Central had. he said. an interest but he could not
in what line; he took interest in that line for
the protection OF the interests OF the Lake shore
Railway and secure business for it; no represen
t.tive of the Standard Oil Company was present q
the meeting OF the presidents Of the grand
trunk lines in 1877. when matters relating
to- the Empire Company were under con.
sideration he never heard Of the American
Transfer Company engaged In the oil business
until he here the other day did not attend any
conference Of raili DAD presidents at the Windsor
pre6eQ6
rate to the standard Oil Company was.
PAYMENTS FOR REBATE.
Mr.. Sterne referred to testimony taken in Penns
sylvsna in which 1t 10 shown that $66 100 had been
paid in one month for rebate: and asked II any sim-
out his knowledge. riffr
Mr.. Vanderbilt did not know whether such pay.
ment had been nade all checks are Autographed
with Mr.. vanderbilts signature.
Mr.. Sterne read from the testimony of Mr. Cassstt
can Transfer Company, and asked II papers were in
the possession of ODay the New York Central
showing the payment of twenty cents rebate
Mr.. Vanderbilt did not know.
Mr.. Sterne read the letter Of O'Day. which was
read Saturday to Mr. Jewett. asserting that pay:
ments had been made by the New York Central and
Erie and the Pennsylvania Central.
Mr.. Vanderbilt thought it might have been paid to
the Standard Oil Company aud by them to the
American Transfer Company; did not know ODsy
treasurer OF these companies; did not know any
thing of the American Transfer Company: would
furnish all accounts bearing on the subject from the
Office of the New York Central Company; the ole
he said is pumped from the well to the pipe; then
the New York Central aud carried thereby to
Hunters Point he thought ten cents per barrel was
allowed to the Standard Company for certain con-
hands of Mr.. Rutter; IL Is left entirely with him,
subject to competition; Il don't know" said the
witness. whether would be better of without
the oil trafic with it, think it pays Mr.. Rutter
can tell us whether we get . proportion OF
oil; matters Of , detail arc left entirely TO
he would furnish satisfactory reason
for it. The Standard Company has some cars on the
New York Central. think the Standard Company
has complete cars. trucks and tanks some roads,
but not on the New York Central. with consent.
The former agreement was that we furnished the
trucks and they furnished the tanks" Mr.. Wander
bt remembered conference of railroad
men in 1878. after the contest with the
member the details OF the conferences; all he knew
about oil transactions was through newspapers; he
did not know the present rates; he could nnd out
from Mr.. Rutter he supposed they were the same
other roads.
wrLIlsesrss OF THE COMPANY.
Q. Do you make freight billsy A. Mef
q. No. your corporation? A. Yes but don't thinh
not carry as much oil the Pennsy ivana Central;
there is equal division what comes to New
psshy ws the @ 'st s.pdsrd S
said before. IL outside parties-responstble
renncrs-were to offer facilities we would
carry their oil. If offered in sufficient quantities:
at the same rates were given to the Standard
Company; Arrangements had been previously made
with the refners; many OF them owned tanks on
trucks owned by the New York Central: these
side tracks through the East; these people
would neither use the cars themselves nor allow the
road to use them; he never had apprehsnsons that
the Standard Company would build an independent
line of railroad it's he thought the pipe
lines would take the oil business entirely out of the
hands Of the railroads; he thought the oil business
sealed" he did not know whether or
not the Tide Water Pipe Line built
by the rehncrs because they could not get transport
taton the trunk lines; he hal carried crude OIL
from the wells TO Cleveland and to the Standard
hneries. and transported 1t back to New York for
the same price that ~ charged others for transport
ing from the wells New York; this was done 70
footing. Mr.. Vanderbilt had heard of the firm OF
Peter Wright Co., of Philadelphia; did noe
think they stood in the relation to
the Pennsylvania Railroad In the grain business that
the Empire transportation Company did In the oil
business; thought they got per centage from the
company on grain; they do he said. the principle
part of the business; they have made special time
rates with largo shippers to protect them from COM
petition; he thought there contracts now
with large houses; the recent pooling arrangements
OF the trunk lines will do away with time contracts.
CnNIHACTS.