Evening star. [volume] (Washington, D.C.) 1854-1972, 1886-05-22
to prevent any other company from coming
into competition with it.
Mr. McIlhenny wanted to know the name Of

to prevent any other company from coming
Mr.. McfIhenny wanted to know the name Of
the expert.
Mr.. Crutchett replied that the government
gas inspector was his informant
MI. Logan s bill Is to charter a new company
with maximum limit OF charge of S1.2 rs per
1' Mr c suIiS iss.:l ..,,u,,. ,,..
teen candle power, composed Of two-thirds coal
to A cents per 1 900 cubic feet.
Messrs. McIlhenny and Crutchett had quite q
discussion as TO the process OF making water
gas and Its cost, the former maintaining that
u could not be made as cheaply as the latter
Senator spooner informed Mr. Bailey that the
subcommittee wanted the statements of ex.
Monday as they could be had.
THE BOOKS SOLD TO A PAPER MILL.
MI. Spooner wanted to know IL the gas COM
pany could furnish a statement of the amount
OF money paid in as stock from the beginning.
would show the amounts paid in from the be-
ginning. He did not think they would show
any I moneys paid in prior to the first donation
Mr. Spooner.-Then how can you say that
81 100000 was paid in? You do not know it:
you merely get it from q tradition?
Mr.. Bailey said 1t was commonly understood
that the money was paid in, but he did not
know it; that the old books and records of the
company were sold to a paper mill.
Mr.. Spooner thought that was very irregu-
lar transaction; to sell the records OF a stock
company.
In reply to further questions Mr. Bailey said
the DOCKS were sold within the last ten years,
and they brought less than 500. The books
were sold to q Philadelphia firm, and witness
would furnish the name of the firm.
Mr.. Spooner.-Then your statement that this
$!5o,ooo and $3.50, 900, and all subscriptions
Oh stock prior to the 100000 donation, was
mere inference?
MIR. Bailey thought 1t was more than infer
ence, as some record of moneys paid in had
been Kept, but prior to 1866 there is nothing TO
snow now much money was paid in by stock
holders I'VE could not swear that 81, 500, 900
was paid in cash." he said.
"How much could you swear to?"
Well, we could swear to $1,000,000, I'm
sure of that"
Mr.. Biackburn.-Then from 1S4S down to
1866 there is no record Of this company's BUSH
EeSS?'
mo. sir; there is no record of its ordinary
business for that period"
Mr.. Bailey furnished written statement
showing That since January, 1872, the sum of
Subsidies had been paid out tor extern.
sions and Improvements. He could show the
exact amount paid in by each stakeholder since
1865 and would do So The statement submit
TED showed that up to 1872 the sum OF 81 49,
O56.57 had been paid out for extensions, and
81, 4O3, 245.O5.
Mr.. McIlhenny claimed that a comparison
WITH other cities would show cheaper gas In
washington than elsewhere.
Mr.. Black burn said he could scarcely get time
10 eat or sleep for people visiting him with COM
plants
Mr.. Blackburn was frank to say that he was
not satisfied there had been no water in the
stocS; the books were gone and the officers
could only testify to the payment OF 81 ,OOO, 900
In over S2,OOO,OOO of stock.
AT p. m. the subcommittee adjourned sub
Ject 10 The call of the chairman.