New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1891-02-03
OVNBEY AT LAST APPEARS.
BUT THE "SILvER POOL COMMITTEE
DOESN'T GET MUCH OUT OF HIM.
HIS PRIVATE BOOKS ARE SLOWED AWAY OUT
wEsT-TAYLoR, OF ILLINOIS. TELLS OF
HIS SILVER sPECULATIoNs-THE
COMMITTEE WAKING Up.

wEsT-TAYLoR, OF ILLINOIS. TELLS OF
HIS SILVER sPECULATIoNs-THE
COMMITTEE WAKING UP
| tBr TELEGRAPH TO THE TnIBUsEl
| Washington Feb. o.-The silver P5ol' Committee
| held several public sessions and at least TWO VN
ccuve- sessions this afternoon. 1t remarked tit
| ho witnesses who appeared were questioned more
closely than were some Of the men who testified last
week and certainly the committee did not seem to lay
itself open TO severe criticism on that account ii VIII
ncSses choose IN evade direct answers 10 dltecI qc
lions the committee OF has the power 10 Apply
a remedy and it may conclude TO do so In the iuture'
The failure OF Representative Perkins, OF Kansas 10
anpcar I'm response 70 an urgent invitation. on the plea
mat he was anxious to obtain recognition from the
| Spcaicr was a disappointment, ana the lallure
| ., Representative Dorsey, Of Nebraska, VINO was
| i'm the committee room, 10 ask that he be aho"co
| IN testify in regard to an alleged attempt 10
| have the investigation dropped or prevented eN.
cited some comment. Representative Taylor Oh
Illinois however, did appear and gave his testimony
| some OF which was definite and satisfactory, ana a
norton of which was neither. He has memory which
seems 10 be clear and tenacious in some respects, but
muddy elusive and trcachcrOus In other respects FOR
| example he bought 10000 ounces OF silver bnIuoh
on a margin of ~ 900. the price being 81 % "a per
OMEGA margin Of loss than per cent, which, 1t may
! he remarked was a smaller margin than The specu-
Iator, who have testified before were required to dc
| po,lt Mr. Taylor perfectly sure that he mado
the purchase after the silver bill became la"-so
certain i'm fact that hc recently applied to the New
| Work. broker who did the business for statement,
which he proudly exhibited to the committee To-Day
II sicnhcd that the purchase was made on July L.
three DAYS after the law approved. The stare
ucnt a. FAR a. It went. tribute 70 Mr. iaylor $
excellent memory. And yet that memory was Il D"''h
as to the date on which he ordered the purchase To
he made: a. whether he being then tn WASHINGTON
gave the order by letter or telegraph as to
! rbctbcr he sent currency check Tor
| tho amount OF the margin. Mr.. Taylor's memory
failed him in regard to matters which were more i'm
NOR ant 50 far as the pending investigation Is con-
| ccrncd. such answers 81 do not rocollect,' " l
think not and d" am inclined 10 think were inc
best which he offered some important questions ard
| he va, no pressed 10 give more DEFINITE ones lie
did derive an impression from lied 'nUcre. however
that hc Iicdcnbcry forming silver POOL
and that he Taylor might 60 In" II he desired to DO
So lie did not rccollcct7 that any senator or
Represents, i've had Informed him, or -ta ed In Ms
prscncc that he. the Representative or senator h'd
Invested In silver pending tho action Of Congress
flc ga not rec llcct hat Mr C0nrer. the FORMER
chairman Of the Coinage Committee Lad Informed him
that he had been impoFiuned by sen
aors or Repres natives who said that
they we're Interested in silver speculotion'
ar investments In fact there wero several things
which Mr. Taylor did not recollect' Mr. Iaylor'
] speculation was conducted through - V WHO 60,
~ New- York. who also managed The speculation OF
,fr Tanner the cx Treasurer 81 Illinois. who trNuhfi
last week. II may be remembered that Phlanthropl't
u.dcnbcr. also tried to ncso'ilt' through the zane
firm but was rpulsed when he asked for tho name
II IL, Washington correspondent. Ny. Taylor appeared
10 have made about the sane pr'ht on MS %-oo'
marlin for purchase Il 10000 ounces q silver as
Senator Cameron did on If, 200 margin. ioT 100000
ounc,. hut TAYLOR dh not sell until August -. Mr.
Tov,r', testimony on the whole. strongly confirms
tho opinion that the only way for the committee |"
e.; Il all the facts. IT doubtless desires u 40 VIII
/ be I, erection each individual senator ana Feprr-
.cntvc ~ the twelve senators ana Representatives
who appeared icforc the committee thus far tW" haVe
testified that they bought and sold silver II the same
proportion should hc maintained throughout It would
uppcar that moro than sixty senators and Representa-
tive were concerned In such t'an-"c'i'ns.
SIR Cmnic', testimony today was emphatic and
comprehensive enough and specific enough - convince
persons who heard it that be neither Npecuhtei IN
silver nor knew Of the ,p"cuailonS Of other persons
The appearancc Of Mr. Ownbcy, Of course hu'i the
! comuIttcc room. He had easily purscd himself 81
contempt before the HOUSE, and did not seem III tic
least ca, down when he took the wines stand aitci
hi, counsel had been Introduced. The hour was latr
and the examination Of this witness wa' not cohciuGed
! when the hour OF adjournment arrived Mr o"hbc!
Ga. cautiou, and deliberate almost too cautious. IL
.e.,n,d I'm view Of some 81 the pro'lamatone which
! bc hl, recently issued through the oU'pap'r' lie
did no; make favorable impression perhaps because
his sworn testimony was not what many persons ha'
becn ted 10 expect II would be by some Of his recent
DECLARATIONS Aside from that, he seemed to be much
inclined TO cvadc direct questions and 10 qualify his
! answers.
! Mr. PAYNE who conducted the examination. a. FAR
- II went to-day, thorough ana searching ana lot
the first time the nvctigation began fully JUST
fed hi, reputation shiifnl and acute cros'-cA-
amncr. 1t i, to be hoped that his zeal. now 50
.f..te until fha n 81
ZION f. concluded. There /, no reason why the exam
nation Of one witness should not be as thorough a.
that Of any other witness.
ownbcy in hi, testimony said thai New-Yori City
ros his legal residence. lie had lived there SIX wears,
hnt probably onchiId of the time had been spent in
Warrington lie was In Washington part OF each
month Of last year. Ills business a,t year was that
| - , br.kcr lie handled all sorts Of securities and
when he had an opportunity he dealt IN silver. His
orig al business wa, mining. lie Was personally as
oc ,c % %mny wI,nc.9 lad dcSS room with Mr
I',r-on- i'm the Office OF Wcil,. Fargo a Co., OF New
ho, NE ~ Iiatc You talked with stevens. the
-pond"n', about I!ycr pool ,,o ,., mao, IN
| spcaking If parties In conversation, about silver
hnd somc knowledge Of different putlc, who hchcycG
"crc ENGAGED In silver trading, but Of an organized
p,Gl don't believe ala.
Inc witness was asked number Of question, to
Gnd ont any Of the name, on IL" books ci Wells,
rIr. 4 Co. II person. utcrc ted n silver wclr t!0eo
whether he had scci BE name, Of any Repro
/ ont,tvcs In connection with silver trans
! actions. BEFORE answering 'uHlHI luve'''
- IA senator, he consulted his lawyer ana then sad
that he had not. and volunteered the SUI ,oI that
s rnInmlft,, should nave experts cAan'ic tie book,
/ - wells, Fargo and Co. The witness w0ald not state
/ rny his own private book, c1ul hr OhnlncG unless
comuclled To- do so. lie doing bushes, In Chicago
and interested with the firm o. ficc. Nccic. i.hl's
'fh-l- busne-s was Of a personal nature and 1t would
| ,rolol,y be detrimental 10 the firm 10 state where
.cr books. accounts and s;ocAs were kept. lie M,
| IL aid not remcuhc! what was In the books and did
, want TO- outside these books the witness had In
,r.plr and Other reccptaclcs mcmOrdsia relating TO
liver sprcnht0ns. lie promised TO telegraph for
these memoranda
STILL IN THE CUSTODY OF TIE HOUSE OFFICER.
% In 10 10 da.. tLln r1cs-