Rock Island daily Argus. (Rock Island, Ill.) 1886-1893, 1891-02-03
Alb TAYLOR TALKS.
me Chicago Representatives
Silver Experience.
A DEAL WHICH MELTED HIM $500

Owenby Begins His Testimony and Hint.
Darkly mt n Senator Who Was ..Yp To-,
Some Easle-Bir Speeches in the
House, with Hawley's Comments
ihereon-Burini of the Late Secretary
"indom-simpie and Impressive Serv-
ices Attended by Distinguished
Throng.
WASHINGTON CITY. Feb. 3.-The special
mouse committee, charged with the silver
pool investigation, continued its hearing
yesterday. Represen tative Abner TAYLOR.
vi hilhois, testified that he was never ap-
proached by any person and requested to
purchase silver. He hadypurchased 43. 900
ounces on the nth of July at 81 O934, and
had sold it at ST. 1215 on Aug. Is. He was
sorry he bad not purchased more and had
not held 1t longer. He had no informa-
ton as TO any other person specializing in
silver. This was his only deal He knew
of no silver pool His net profit on his
speculation. he said, was about $500. He
was In the habit of dealing in stocks be-
fore he came to congress, and he did not
surrender this right when he became a
member
Inferred That There Was a Pool
lie inferred from a conversation he had
with Hedenburg that "A pool of some kind
was being formed to put up the price of
silver. he had introduced a bill in the
house for the purchase of Il, coo 900 ounces
OF silver after conference with the secre-
tary OF the treasury and the director of
the mint lie received his information as
10 the amount of silver in the country
from the director of the mint. He held no
silver at this time. He had no conference
with any persons owning silver before he
introduced the bill, and knew of no one
chat owned silver now. He wanted it re-
corded that he bought the silver three
days after the silver bill became a law
The Way stories Are Published.
Clunie of California testified that the
story telegraphed to The St Louis Repub-
lie, that he had dealt in silver was false
he had never bought or sold a grain of
silver in his life. This brought out the
manner in which the story was published.
BY the statements of the parties named
below it seems that Stevens. correspond-
snt of The ~. Louis Globe Democrat, told
Moore, of The Republic, that he (Stevensl
believed that Clunie had bought silver.
and upon this belief Moore had tele-
graphed his paper the story Clunie de.
nouncel Is lase
Aud Now Here Comes Owenby
The next witness was the much wanted
Owenby, and he asked that his at
torney he permitted to be present.
This was granted. Owenby testified that
he lived in New York Witness was a
broker and associated with O'Brien q
Clark, of New York He was acauaint
oil with Mr.. Parsons, of Wells, Fargo 81
90, and occupied desk-room in his Office
IN New York. Witness had personal
knowledge of persons specializing in sill
yer during the past year. Had seen such
accounts on the books of Wells, Fargo &
60. He did not remember of seeing the
name OF any representative on these
books. He had access to the books of
other firms buying and selling silver and
other securities, among them those of the
Hanover bank, New York He had seen
names on this book. He remembered see
ing number of names on their books and
other books
An Unnamed Senator elm It."
He did not remember seeing the name of
any senator or representative among them.
but was shown what was represented to
be the correspondence of a senator by Mr..
Donald, cashier of the bank, when they
Vre talking about silver speculation and
she possibility of the silver bill passing.
Donald picked up paper and said it was
the correspondence of - telling him
she name of a senator) who was in it,"
aud would vote for the bill Possibly Don
aid had mentioned other names, he
could not remember without reference to
his books and memoranda, which were in
safety vault in Chicago He refused to
say in what vault Ile intended to bring
certain books and papers, but was rushed
of in such "a hurry that he did not have
time. lie 'aid he would telegraph for
them. The committee then adjourned.