New-York tribune., 1890-06-27
THAT VISIT TO WALL STREET
STATEMENTS OF PEOPLE WHOM MIR.
SHEEHAN SAW.
NO HINT AS TO WHO GAVE HIN INFORMATION
REGARDING THE DECISION IN THE
SUGAR TRUST CASE.

SUGAR TRUST CASE.
Tho statement Of John c. Shechan secretary ol
tho Aqueduct Commission, respecting his recent
attempt to secure advice on operations IN sugar
Trust certificates in Wall street. has not greatly per
turbed the street There are no rules on the sopoA
Exchange which forbids its members from receiving III
sIder information as IL is called, and acting upon IT,
and there would be small complaint against any mem
Der who was able to utilize tho information prohtaoy.
The morals of the Street however have not degeneT-
ated TO such point that any 81 leakage" OF informs"
ton As TO the intentions of court would ihl 10 re-
ceve emphatic condemnation as regards oie oo'iiU
officers who might be concerned therein The prin-
cipal comment made yesterday on the sheehah hoi-
dent that the State Court ought to institute pro
ceedngs to discover II any Of ITS subordinates were
dereict In their duty.
Mr.. Shcohan admits that he visited Wall street lasV
Friday and he says that he sought advice from Will
lam Dowd, president of the Bank OF North Amerca'
ind was referred by him to q. &. Baldwin, VINO Is q
special partner in the firm Of G. L. Raborne q Co., al
No. IL Wali-st Mr.. Dowd. who, with Mr.. Baldwin,
member Of the Aqueduct Commission said yes
terlay that Mr. Shechan had visited him ana hah
stated that he possessed information about the forb
coming decision of the Court Of Appeals which might
be valuable. Mr.. Dowd says that the interview Was
brief and that he told Mr. sheehau that he did not
want the information, whatever IL was, because lie
never spcculated Mr. Dowd said that the only reason
why Mr.. Shcehan came to him was because Oh uleH
relations on the Aqueduct Commits ssion i suppose
said Mr.. Dowd, that Mr.. sheehans acquaintance was
very limited down here"
c. c. Baldwin. of c. L. Rathborne & Co., said that
Mr.. Sheehan called him one day last week.
either Thursday Friday aud intimated that he had
information regarding the decision IN the sugar
Trust case / told him that not Interested
in sugar." Mr.. Baldwin said, but would introduce
him " Mr.. Meyer, who looked after our sugar busl
ness. saw him only minute, and he made no
proposition of any sort nor did seek TO learn where
he got his information"
Mr.. Meyer said that Mr. Sheeban had made prac-
tically the same remark regarding Information On te
Sugar Trust decision he had 10 Mr. BALDWIN, ana uaU
money could be made out of it. Mr.. Meyer added
"But would have nothing to do with Mr. sheehdn.
was exceedingly busy at the time, and from what
ne said l was not inclined 10 place muoh reAahco
upon his statement although he did not tell me wlere
he had received his information, and didn't ash hi
He did not propose any joint operation in the matter
AerNr Meyer had said this his attention wa called
10 the published statement OF Mr.. Sheeha, III which De
says that Mr.. Meyer had promised TO see Theodore A.
Hsvemeyer, and, after doing So had reported 10 MI.
sbeehan that Mr.. Haveneyer had said he was ready
for any decision and did not care what 1T might be-
Meyer read this account over carefully ana t"oc
declined TO affirm or deny IT.
Mr. IIavemeyer at Newport yesterday and was
not xpeced back for several days. James h Sedries
IT, treasurer of the sugar Trust, was IN his once yes
terday when Tribune reporter called, ana nc eih-
phaticaly dSClameQ the report OIL an HlUcTFioN "A'
appeared yesterday in which he Was made 10 say that
Mr. Shechan had visited Mr.. Havemeyer. - was not
here at the time this visit said TO have been made
Mr. Scales said and will not speak about the mat
ter When IL suggested that perhaps MI
Hayemeyer might have communicated 10 hn the puT-
pose and result Mr.. sheehan's visit. Mr.; searlgs
laughed and again assured the reporter that he would
say nothing. lie equally non communicative Ic
gardiDg the reported Visit Of NJ. Meyer 10 MI.
Hayemeyer In behalf Of Mr. Shechan.
II was reported that Mr.. Shoehan had also called
at the Office X. L. Flower a Co., but a member VI
the firm denied This yesterday aud SAID that MI.
sheehan was not personally known there.
Inquiry made at the Offices OF the Standalu
Oil Trust yesterday for the purpose OF ellcltng an
opinion upon the point that has been raised that the
recent decision in the Ocallcd sugar Trust case might
apply 10 the standard oil Trust. william Roccfcuer
was out of town. ;. c. T. Dodd, the principal legal
an opinion had the official decision
in the Sugar Trust case.
Saratoga, N Y. June 26.-GOrham Parks, clerk OF
the Court of Appeals being asked by reporter as 20
the reports that had advance knowledge OF
what the conrs decision the Trust would
be- and had offered 10 sell il i'll Wall street on Friday
last, said /" The allegations are cruel ana are GER
tainly without foundation. Inc fact Is tdt the
Judges held their last consultation on the case on
Monday night, at which time final decision was
reached. Even the judges private consultation clerk,
Mr. brownley, excluded from the consultation
No one outside Of the judges, knew what the decision
until it handed To me, IN open court. by
Chief Judge Ruger at precisely 10 O'Clock on Tues