The Portland daily press. [volume] (Portland, Me.) 1862-1921, 1886-03-22
THE PAN ELECTRIC.
Casey Young TsstIfies on the 0istri-
button of the Stock.


WAsEryaroS. March 20.--When Casey
Young entered the investigating committee
room this morning he carried under his arm
two large letter books and several packages
of letters. When he took the stand, he pro-
duced n number of letters which he had
received from DR.. Rogers and submitted
them to the committee. The witness
reiterated the statement made by him yester
day that there was nothing in the letters
that reflected discredit on the company or
DR.. Rogers. Recurring to the conversation
which he held with DR.. Rogers, In which an
assertion was suggested, witness stated that
DIR. Rogers wanted the various gentlemen in
on account of their great names and their in
tegrity and honesty. Witness had heard
nothing about the stock being gift or do
nation. though he had not been educated up
to the high standard which would have re-
uarded the acceptance of the gift as q crime.
Never had word been said about the asso-
ciates using their official influence or taking
advantage of their official position to accom-
plish anything for the company. Never had
word been said which could not with pro-
priety have been published to the world
without bringing discredit on any man., Ii
DR.. Rogers had had in his mind anything
corrupt in the transaction, if he had wanted
any corrupt thing done, he would not have
gone to any of these gentlemen to do it, He
wanted to dissipate the idea that the asso-
ciates were in any way to prostitute their
official positions for the accomplishment OF
any benefit to the company
Mr.. Ranney thought that the witness tes-
timony was rather expansive, While wit
ness could state his own intentions, he should
not attempt to give the intentions Of other
gentlemen.
The witness contended that he had a per-
riohf IN nrf,ao oh q run.I .Iuadq AGAINST
him, and he intended to dc it.
Mr.. Young then went on to tell the idea
fixed in his mind of the government and or
ganization of the company. It was to be
only $5,OOO,OOO. The certificate of incorpor-
alton of the Tennessee company (the tele-
phone company was put in evidence. 1t Is
signed by ]. Harris Rogers, Isham G. Har
ris, Augustus H, Garland and Robert +.
Looney, the capital being S5saO0,0OO. Mr..
Young said that they had failed to get a
charter broad enough to meet the terms OF
the contract. He denied that the pamphlet
described by DR.. Rogers had formed the
basis of the contract; believed that he had
the company never authorized the publica-
tion of any pamphlet. Mr.. Young said that
the association had contemplated possible
connection of the telephone exchanges to be
established by the them with the Bell company,s;
educated in telephone matters then," he re-
marked.
'Do you mean that you had trouble
with the Bell company ?" inquired Mr.. Ran
neEyi ybs witness ren,iad in tba Affirmative and
added, with tinge Of bitterness in his tone:
II had not been satisfied that there was such
monopoly the Bell company, monopoly
that could control the newspaper press, Con-
gress and everything else A written opinion
had been obtained from eX-Patent Commits
sioner Marble to the effect that the Rogers
patents were not an infringement on the
Bell patents. That had been done to pre-
clude tho possibility of deceiving any would
be purchaser of the stock. Did not believe
that time. but understood from DR.. Rogers
that he afterwards had some. Witness idea
at first had been to go on with their own
means to establish exchanges, but about that
proposition. He had offered $4,000
Indiana and Illinois. Mr.. Myers
drew up the contract which,as finally agreed
upon, provided for the sale of the right for
Illinois for $4,000, for Indiana for $4,000,
and for Minnesota for $4,000. In addition,
the Pan Electric Telephone Company was to
receive royalty of IS on each instrument,
and 25 per cent on the local stock. Mr.. Young
remarked that he and his associates had
acopy of the Bell Company's contract with
the local company at Memphis. The contract
provided for the delivery of 800 telephones
to Mr.. Myers, but there had been a long de-
lay, and finally the contract had been can
celled. DEPRESSING to refer to DR.. Rogers
statement touching the negotiation with the
Bell company, Mr. Young said that he did
not believe that Gustin had any authority to
make any proposition, and that the Bell Com
pany certainly would not pay any such price
100000 of watered stockton the Pan
electric patents. Returning to the subject
of the sale of state rights. Mr.. Young said
that Gustin and DR.. Harland were given the
rights for the District of Columbia, Mary
land, Virginia and West Virginia on condi-
stock. The contract had been cancelled and
the Pan Electric never received dollar from
those parties