Fort Worth daily gazette. (Fort Worth, Tex.) 1882-1891, 1886-03-18
pnn. Eleotrlc Inyeslignllnn.

WASHINGTON, March l7.--Dr. j. w.
Rogers testified before the telephone in
vestigation committee to-day. lie de-
scribed the organization OF the
Pan-Electrlc company MS heretofore pub
lishod. When the witness proposed to
give 100000 In stock 20 each OF his
associates, Senator Harris said 1t seemed
to be little too generous, but as they
expected to make enough money for every
body, they would accept the stock.
The witness had written TO senator Win
dom, Benjamin lie Fevre and Architect
Clark that he had a small amount OF stock
to their credit, but they had all declined
This gentlemen associated with himself
IN the company We're to puy nothing for
their interest The witness wished TO
secure the cooperation Of men OF integri-
" and national reputation. Without the
names OF such men the stock could not be
sold,
Mr. Boyle Was anything said
with reference to the company deriving
any advantage from any Official position
held by any one OF them
The witness; Never whisper, never n
breath, The object was TO bank on their
names and regulations and on my sons
genius. Two meetings were held in the
room OF the senate judiciary committee
for the organization of the telephone com.
pany, There were present Rogers, Jr,
Senators Harris and Garland aud Gen.
Johnston. Gen, Atkins was not there.
Az the tlrst meeting general agreement
was reached. Senator Garland prepared
the papers aud submitted them 40 the
second meeting charter for the telephone
company was Obtained IN Tennessee and
one for the telegraph company was OBJ
ltalned IN New York There was never
any Pan-ElectrlG stock issued, The Ger.
tlhcates We're about as fellows; "K. w.
Rogers is entitled TO $500 900 Ia Pan.
Electric Telephone compsuy.
lSigned,I CASEY YOUNG,
SeCretary.n
Mr. Harris opposed the Issue Of stock.
The witness supposed the gentlemen were
unwilling to have their Ramcs 80 10 tho
stock because they regarded them as
sacred. II was also suggested In CONVEX.
satipn, said he, ''that possibly this whole
thing will fail and ia that cases an
concerned would he looked anon
as scoondrels," So tbey bad refused 10
80 forward, SO far as he knew, the
original associates held an OF their stock
az she present time, The right for AlS-
hama had been sold cor S7580, which the
associates had received, together with
money for the tennessee rights. New
York had been sold origin ,lly for s = ,000,-
600 Ia stock, TO tho enternriS,ug sons OF
Abraham. senator Harris thought they
could get more OF II In that WY. After
some negotiations, the witness and his
son, with Messrs kliz, Money, Denner
and Manning, secured Ehe PennsyleAnis
rights, That was early In 1851
Tho chairman. Then Nh. Money was a
member OF congressq
Continuing, the witness said the Dis.
t'lct OF Columbia and Maryland were also
sold for $1,000, az which, said the witness,
~ got my SLICE
The witness had offered el00,000 in
The pennsylvania company 20 Mr.. Ran
dali, who had replied continuously that
ne knew nothing about the matter and
lntimatsd that he wanted 20 hear more
He made the same offer 10 Mfr. Carlisle.
who bad replied IN very respected let
ter that II there was any legislation con
nected wlsb tho affair he could have
nothing TO do with II, The witness
wanted Randall aud Carlisle IN the Penn
sylianis company 10 give prestige to the
stock. He had aimply written TO these
gentlemen that he would credit them in
the banks with the stock, The witness
then explained his political affiliations.
He had always been with the Democratic
party and most Of bis fsionds belonged