New-York tribune., 1883-10-26
MIR. GOWEN BECOMES ANGRY.
DESoyNcrNG Mr.. COMBINES METHODS.
| FURTHER TESTIMONY IN TIE DISSMoRE suIT-fHE
READISG's STOCK OPERATIONS.

| READISG'S STOCK OPERATIONS.
Six thousand law books in the library OF the
offices of Clarence A. Seward at No 81 Nassast looked
down yesterday upon the third day Of the hearing In this
city before Examiner Ophant in the Dinsmorc suit "
cancel the Philadelphia and Reading Railroad COmpanys
lease of the Central Railroad of NewJesey Good huiHor
characterized the counsel the opposite sides until the
afternoon, when Franklin b. Gowen. president of the
Reading, for the first time parted with his
usual impertIrbability Of and directed
voiley Of wrath against ex-senator Conkhng,
Of the defence. The big stove, which had badied
ex-Congpssman RObeson and Wayne MacVeagh on We'd
nesay stood oOl black and sullen, while cheery grae
fire roasted the backs Of the spectators In another part OF
the During the Mr.. COnklng sat perehed
u high stool by open window in adjoining room
Nr. Seward looked at him moment through MIN Oh
smoke that was floating up from his Inevitable cigar
DO you know what you would be il sat there little
whilei" he asked. mo-" the reply. "You would
be pau-bearer at my funeral" responded Mr.. Seward
United States Senator Sewell crOss-examined by
DR. Gowen when the court was opened, with regard to
theegsaton secured in Newersey authorizing tne New
Jersey Central Railroad TO increase its capital stock Ihe
witness testified that his expenses In procuring day1ts to
be used the Dnsmoe suit not refunded Dy Solicitor
Green, Of tho Pennsylvania Railroad until lac had pre-
sented his bill since testimony few days ago
in Trenton. Questioned regarding the morality OF work
ing for legislation wch might take control of tie
Jersey Central property OF the hands of its owners lie
replied: "I was doing this ~ personal kindness to
Judge Lathrop lie was tile man responsible TO the
stockholders. All that considered that help
ing reduce the fixed charges OF the railroad, which
considered good thing for the stockholders"
THE READINGS STOCK PURCHASES.
As the next witness-Bcauyeau BOrie o. & H. BOrie
stockbrOkers, in Philadepniap Mr. kODesOn his
way the witnessstand the latter seized INN cordially
by che hand. saying: "Why, boy, didn't know you
were here. How are all the folls" Mr. BOrie
testified that he lad bought order Read
ing Company 10000 shares of Jersey Central since
October IL. He informed by Dir. GOwen these
to be prt Of a blOcA Of $4,000 SHARES, wHch the
Reading Company intended 10 LOld permanently the
MONEY wiIlCn To De raised Dy "a collateral trust
loan at > per cent interest.
Question by Mr.. Gowen-Wero you not told that this
stock ~ $50 snare ~ per cent interest wOdlt Do "A
0irect saving to the Reading Company Ou It's rent OF ~
"a snare A.-Ies, sir.
- OBJECT to thaf" said Mr. Conkling .'The witness
bas nOt named tnc price. You wOll noe wonder at tnat
nte1ccuOn Mr. BOrie, II you nAd been mere all tne
time
" have unconsciously fallen into your ways" retorted
Mr. Gowcn 10 Mr. COnRlng.
latter dd not thinG you would make sIlon one is
Nh. Borie testified further that he was carrying the
stock Oh "A margin OF 10 per cent Mr. COuhunS Lnen
carry equiv discount the |
rate oi inteTcst--0 per cen-to oven per cent.
Ihen tnere is no saving 10 tIe Recalling On TINS trans
forget t.,at TO be held under cob
lateral trust loan 1T per cont, lnerpOsed dr O1wrn
We Wlll come 10 tnls golden pTUnlse OF a sntdO"y
By -.nd-by later on the rUtOit
Nj. GOwcn-PuI that down Nj. otonOgrapher.
Dir COnKg-On, petition mat all tus tne counsel on
the Otiler side say be taAen dOwn.
"suOO oily a. 1t flies" observed Nj. RODeson laugh
ingIy.
sold 5000 shares oi Jersey Genital Stock snoIV oodt
two months ago, was questioned by Mr. Gowen ~ TO tns
morality ouOrt safes witness sad tIdt "snOrt"
5a,ios necessarily dld not depress u stock
Nj. Gowanhu isn't II rule that tae pener the stock
Mr. OsoorId-weL generally. perhups Of late It nas
mIU httle difference at tno otOck EAohace iiaShJeI
MI Go",u-IIFs ah abnormal oo-IIoh h|S II mover
gagged IN VITA W. l.. Srott WA, q criminal Oncucct
No. ,i.," Nas tac answer uant NuOw H. Il ltwd5
-Oui nave Deeh III p,i5ou long llLr 40 lLAu-ntcil
MIR. GUwI.N DENoUNCEs Mr. CUEhLING.
The ,N animation OF EdTdd II. falISnsr, UHldcr IA
philadelphia, occupied the enthe aueIHOou. Io Ar |
Gowen he snid tiat mo- was formerly msHJer o. tAe
coh inn Of Bcrgiud, White Co.. Pdl4du u. IwO
members OF the irm admitted because tIeir i'll
nu-ncc securing special ,Ippin5 roiuur- tue
Prnu-, wanna kttiiOUd. In 1919 ne .og nj OUT tuat
L.alto, 4. BurNud gOt 5Ucrrt urIwD1cas on E4tUs
NON the PcuIa, l..sDl iil.o4d, u.~IJnI 10 GAO
WIlus,. Nc,...y @luu,DOJ r -dcH uI.N".Chs uc,n
Received in tue t"" years Icc. u1 lac "i.A-77 e'ioL
NOM uo i9.Ji received lIs auro Vi I,io ,IdN
Dauaa uoiuiu -OiI, Dti.
Wn,u Ar Coil,ul- DcSan tAo cIn,s-'NIalultlou ios
tho ruuuAH ,"u Hituca- persisted making
uiauOiatc iUsNDra tuc questions. ia al
sWc.uo tAc sla.pAat queries Ac would chtc.
mto ip", toA"''i,d explanations. Question
.trr question ~''s ic 'tc" dud "a o miudi' o. 'ioI-
tllsNcl JOuaul- s.,d. o.op JuUrU .,
u. aisi Jo' nav .t '..a' "hs",lo1 u5 t-,"tioh.
WitLv, irrtu,u iI"t lil'l., tt,c uJuh Ol Nj.
.t
wls ,I4e'o4 ~ 'Dr mn siAL'edio IAoIOo"o" t-iouo'
tur IuuA .l,. aoCIvt rcJatl.5
rr,rltct Dy AiI brr~ild AItcrwIrl /. upunuI tLe
it. deaA ami hIde oOlH H,,ud Ou jay l. IctJ, UIl.d
IT,, D,oA away to u.s oot,s,L
I.-NAr uu Uu Not uiCdk open Nj. EelWtud's pm
I,,, ,i.aA Al d,tut, snpy d,cd peco ,tool 10
remove lac noDA al t-t Dsch o. t"o 1ia"or'.
OD'ioI- 'al' AZ 'iuJhi n'llc
II Iuu'c 81 yOH li'dsn'cEI D.d yOa n.Ao t..ls IAiy
yUuis,Ht
jimmy was ltlc ANSWER, IL Wis only
piece Ui stCCl--a tOUL'
-ls u,a. 7,oul ,,nst wall, did II not, AMI you
IA a
JOu oou sct at - setting under t"e "o' ti'oGo oi
u.rt is tool couple OF dozen tiu,," !" tuo nItu,es
SAID iug,ucr II uld a 10 nuJ Oat tnIc, wuO MAS
IOJU,I1
lu, ,putA oia tuici" said Nil Coukln,, aeru yuu
rccu, 10 yourself - 80 slr, 10 liI. b,IWld' VS.
answer.
ucic oAoDuici, t.iat tnc r,,t p.Ot,., calls
wines, OIutliiy tiIt any
g,lit dS..lIlt II5tJL
M. Cui"ili- tC44ly lis Is a tUCJiuu-oICC IA luIcc
bl ,ir t.,tu4I, l.tuiO Ia, uu, Ntli ty ,O 90 uI-
AII LOnun continued IN an inuI-utut tUus: II think
tas, pJ,,aa ul L4II,,u otttos ,uuIt hearing
,,i,ii,4 tldt lC-rCj N.icu NOuu ut..J
lu la molcuUv 10 Wluvu tl5 WIlusa utyu auy y.Clvi,
.oIc desire 10 enter pO,ot d-.Ist t.s Out 49,
t4,e MltIVNa
Laainlr Oul'Itut clAuUd tn5 stO..I N..iuA lOOAeu
tliUUu- uc,"c u tuu uuiaU tJu ,IUDt "a tIc WtiOas
10 usWCr JUunI.u- UII, Il. pu,rUic. l4C ~
no5o r0lcItd Later on 20 uaNIiA Ido-ou uta Stlo-
uICuto dOUut 81, nln to Air lOCAHU UJ. o. iht.tipn,
me, il-s Oi icnn7J iNht htlItOtd 5OtNhoh'oiS, MI
tUun.u5 ODScrNtu: lOu OuSJ 20 nave tAcu us place
NJ uuu uutlt CuuAc NpI Oh.'
Inc nedIiLS was dyUuiutd 10 ltcIJuu
ORDERS In THE SUlr AGAINST BRADY.
Charles II. Reed and Judge Wilson, Oi Wash |
stou appeared before Justice Barrett IN tue supreme