New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1882-05-12

r9ver wn' Fnay decided that there could DC 10 ~"
lection my part or rs en tine our executed
the Contract and annex keeping one copy never
returning the szp S1nsf Of it other aan hsi
which nv 'sS h, RsTsa save the John
Rose that very proper @ NJ Of
~. aotroct He said that there should be limited time
FOR tLe duration Of the contract as they coisshed
guam ,o claim might arise for the whole duration
of the contract between the Peruvian Governeh. h
n .ne Of Sir john Rose. I do not know
what prompted IT, and have not the SLIGHTEST
hint the for it, aud this is mere quesnohoi
Judgment
The PROVISIONS OF THE ." ANNEX"
Mr. Kasson here read the clause In the " annex OF
memorandum referred to. which is as follows
tits further declared and stipulated that the said con-
tract shall continue in full effect for the period
dav Of January 1850 aud the and sth days of Feb
susry 1881 between the Peruvian Government anu ne
bnt i'm case that the said contracts should fail TO become
operative and effective i'll consequence OF we p and
Roya and Thus TO secure peace and the recognition Oh
the concessions rights and privileges 20 anu S
contracts between Messrs Gauteau and Messrs MGrton
Bliss a Co shall and terminate AT the expiration Vi
elk years from the date OF SAID contIhcI
Mr. KassonDo you understand that the effect OF that
provision contract between you and them was TO
continue force long their contract with the
Peruvian Government continued, unless the contract
of The United STATES to interviewer =,
Mr.. Bliss-My understanding was that it should
terminate at the end of ak years unless peace was re-
stored between Chill and Peru; ,.. ,,ia
MI Biss-That does TO be stated there You viii
greatly appreciate my hesitsney when TINS il
Ii condition entirely The arrangement maze
with those genilemen concentrated an arrangement 10
last long their contract with the PERUVIAN Hoeh
ment. - ., . J.. ,, ,ho
Credit Industrelf Ave have not Perhaps ! 1s N
better say that in correspondence with GagteaG Co.
on this business received two letters the nrst Deg
proposition by them to make shipment. ,o,,.o -,
Q.-Has your house. or any member OF your nonse ny
tervenon OF the United states Al don't think il Is
sScs S iUs cur never have done and
have TO suppose any other member OF
with some evident impatence here began the cfSsseA
animation OF the witness " MI Bliss, ne sa'u - ,u
whom did YOU make reply To the cable dispatches OF Au
gus Nh Morton the witness replied presumed
the messages from him because they were IN our
The witness was unable to the amount Of capital
,eE If the Credit Industrie but SAID that the nsti
tuition considered very responsible one. -. a..
entering into contracl with an institution Oh s
nature" Mr.. Belmont b. with an air OF assurance
you would be willing to do 50 on usual terms ,yht not
be at all disposed TO take up Its business ,.., 40
cited at length the reasons why he insisted OF o Per
cent as the compensation to his hrm mentioning the
facts that il new business to lhem involved great
pecuniary risks would require the services OF new and
Special clerks, Mr. Belmont found frutless TASK
H. try 10 draw admission from the witness that there
u.s. snV1s occult or especially significant about the
s per commission, which apparently WAS the object
Mr. Beimont-was not the original commission 3
per cent before the lueH W." nJ'u ~ eT NV Mr.
Randall per cent Dnt IL Wac moi III my CON-
tract or IN any proposed contract
COMMUNICATIONS WITH Mr.. MORTON.
Mfr Bclmont-Did you In your individual capacity or
rs representing your communicate by letter or
verbally with Mr.. Morton regarding these negotiations
MI Bhss-I think the answer has already been given
regarding Mr. Morton's connection with the matter lie
was very busy at that time gave little attention to bust
ness and only spoke TO him on very Important mat
tiers connected with firms business. At the time
never supposed Mr. Randalrs proposition would amount
20 nything
Mr.. Belmont-The only communication you bad on this
subject with MI Morton was III THESE caDle ep4eIs
Mr.. Bhss-NO. Whlo he was in the country wash
the habit Of receiving private from him There
was reference twice in these letters TO this sub
ject The unmportant that they were not
kept or flied destroyed them / never asked Tor Ills
opinion consulted him with regard to the rate Of com
,Ission When he first remarked TO me that the guano
business might be good one, told him would not un
dcrtake il for less than per cent
further light regarding the Characteristics Of the
compensation than per cent had been sned by the
Mr. Belmont, the latter asked: wac not the
extension OF time In the contract the reason Ior e III
That was limitation, not an extension" intereced
am not aware" replied Mr. Bliss q" that that was
considered in reference TO the compensation i,.- ,,
of the Greyy interview referred To- by Mi Randall ia ms
testimony Wednesday. linen MT. belmont again
strug lied hard, but vanly, 10 make point asking;
you authorized Mr. Randall 10 sign the conIact I9f
your when he the representative OF the Credit
1ndustrel lie then, also, was your agent III 'mS
matter :" 49,, - . ., ,,,, M
Bliss smiling. lie authorized To sgn the contract
An accrdanee with the terms agreed upon between
Otherwise the authorization would not have been gwen
did not personally give the authorization anu uoht
remember now who did give It.
The que stions the member from Babylon compelled
the witness 10 repeat that the only WIN
Mr. Morton on the matter OF the Contract were What he
had already tcstncd TO.
Mr. Behiont-Then Mr. Randall, the counsel for the
other contracting party had fun power to sign for you
unless II understood that he should be guided by
Mr. Bliss looked steadily at Mr.. Belmont, If he re-
garded question OF TO enlrap him into
contradiction than legitimate question, ana replied
distinctly: There understanding except that
shown in the authority given him"
TO Mr. Dnnel the witness explained at length the cir
regarding the offer by Gauteau Co of one
consignment OF the contract signed,
while Morton, Bliss Co declined to receive because
rrocons imnrpsson Thai there was a guano famine
.n the United states He read the letters between the
Morton appointed Minister to France IN March, 1887
lhe the wtness never had any interview with the Pres
ident Secretary Blame on the subject oil mcmahon
All that the witness knew about the connection OF Mr.
regard to TINS matter was an Incidental reference 70 VIC
fact that the settlement of the troubles IL Peru would
help business be done under the contract lie had
definite recollection concerning lhls-
THE QUESTION OF MEDIATION.
O-Thc question Of the mediation or the probable
mediation of United states had influence on You
In the making of this contractI ANot the slightest
Odd your firm ever have any connection with the
Credit Industriel before this contract madef AIN
1850 propositions made to London firm TO be
the agents for the institution for the whole OF
Europe In the sale of guano and nitrates l suppose
that OF the Credit Indusre TO secure us for
the prompted by those negotiations
Mr. Belmont-Were you aware OF the correspondence
OF air. suarez at that timei
MI Bliss--I think not | think it didn't come out
then
Mr. Belmont-Was the correspondence brought to your
attention at the time the contract was made!
MIR Bliss-Ob. no, sir.
The witness had knowledge 10 whether or not the
Credit lndustIiel connected with any other