Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1889-03-04
IIES and SIAYNER
WOODRUFF MAKES 4 CLEAN BREAST


NEW YORK March 2-Ihe indictments
lto which Henry S. Ives and George II.
s. rnsr sIl have 20 answer ere or the lie
1 crease daily. Four more ere iouad yts
Ita5sr by Tie Grand Jury, and sill be
|di.I to-day. Two Of them charge grand
I '5-rsrv III ibe first degree, AID the other
$50 csu ths fnalc.srs 90 ecc1unt for a
udul1u- issue of tie took Of the Cincin-
+. rt. Hamilton ans Dayton railroad. This
/ hes total so far OF eight indictments,
/ and both the prosecuting counsel sud TIE
+ District Attorney SIZE confident that on
some otthem. If MOI en-, & conviction viii
r-e5 Should all the indictments
ful The 'Young Napoleon" and
l would be liable 20 ;ences
sixly-,Uo years in Siateprison.
Tie Cisl promises 20 be one CT the NEST
Gora in Sew York for years. Tire
suoas as to Inc method eff tie fnan-
md tbs gullblity O. their dupes
promise To- be Of the mos, startling nature.
Assistant District Attorney Parker, who
M been engaged since Wednesday morn
.-tin tasirg the confession of Woodruff,
Ire f-r-s confidential cleIk, was sgsia
5 with rim most OF the day yester-
v Wac1rrrs Story IS mos. volumi-
Mons. e-d Sir Parker said it would be
rrl fr- tefo-a D. Cc-Io al o3 commit
.- t,vr...rc Tire nature of lis testi-
~env Nr. Parker oil course d-chred % re-
,etL but Pc tcld very clearly what ne
bought Of it.
~His statements" he said, when pub
ssred will cause q big sensation. Not
/ feIfcf fine hnancier's achleyemenlsha has YET
been told. There aIe persons involved ln
Uhem whose names have never even 0een
r-rpft of or mentioned IN connection
with Ives snd S4yner, and the puhiiea-
I rrr Of WoodruG's testimony viii not be
|r.e7s-nt rea7i1g for them. His confession
r even Nose .smarkl bic than that OF
peIeu IL viii show With what ease
Iorestc ebls echemes con De aoaied on
/ Wan sle Ives and Slayrer," contn
IreI Mr. Parker, PLAYED q most reokles
me. but th.i- enormous stock CT au0scl-
I enabled them 20 carry 90 q successful
Issue ch5mes that would make Tho ye.gf-
ms ot the street turn pa.e- Like lhe
Doodle tricls, these Gases Will dspeod u
some extent on the testimony Of "a accom-
Ipi,o hut mis- testimony can be amply coz
ro1cu. cd.
For trazsu rc1l ardeci.y Ives ccnnec-
ton .ith the Mineral Range road 10
+ AHchi.sn carties the palm over ai' bi'
Io-her achievements. TIC would have been
rot Is very promising field % most q" p &
only lilt,e twenty mile road running
Itaoreh The 4iichie % copper ans lsot
'-e.iors-bu. Ives foand it a big enough
csluc. for bin. and withi1 ltIe more
dion wear hs and his canfcderates man
esit9 lqueszs S-3s 56l cut Of ~. ives
/ hr-are inter- ted il tia road esriy IN
I-S5 When the annual meeting fer the
I election OF directors was held, N
IJuiy of that year, Ives appeared
las the representative Of the ma
Iisriiv of the shares and controlled Oh;
iv.te. He did so very successfully, Tor OF
| the eleven directors eight were dummies
hilc .ha Others were Ives x Stayuer ano
/ Henry $. Gllig OF American EXcAang g
fame. S.eyntr was maze pfeslueAi, I've.
/ treasurer. snd Gulig shortly aiterwarc
went Co Europe. TIE pair had the road IL
It.sir own hands. Then followed a whole
lssIe ls.us Of fraudulent stock, the spprO
pristioa Of AL that the road had snd g
cod deal that IL hadn's, with the result
| that nothing remains to the once success
| ful foai .o-day, but q worthless credit OF
the books Of Ives q Co. and hcpele7
bankruptcy.
10 is said hat Woodrua7s confessions Sc
rieusly implicate Partner Doremus, rot
vilhslsudiDz the professions Of innocence
made by him TO the District Attorney
few days ago.
Frank Il. Lawrence, the counsel for tn
lCmcnnsi. Hamilton and Dayton road
believes that tie prisoners could be con
lvic.ed without the aid of Woodtuff's testi
mcny. Mr Lawrence repeated yesterda
bis Insertion that Ives & S tayner hav
wihin his knowledge large sums Of none
lsi3 eGay. He kuOTs both where IL ]
and ia what form It is, but he Of oours
ltchIel Co make the particulars public
Re IS confident, moreover, thst tire none
lean De recovered for the benefit Of the vie
Itir.ized stockholders.