New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1891-03-22
THE BOOKS NOT PRODUCED.


HE DOES NOT DISPLAY SUCH DEEP KNOWLEDGE
OF THE SUGAR TRUST AS WAS EXPECTED.
The possibility Of an interesting and spicy" session
II the senate Committee on General Laws which has
been investigating the affairs Of the sugar Trust at
the Hotel MctOpolc. In th, city, attracted an unusually
large number Of spectators 10 the palor Of the hotel
yesterday morning. The expectations Of the visitors
rewarded. at least In part. At various times
since the investigation began. several weeks age, the
counsel for the members 0l the trust have protested
against the examination of witnesses who kHr"
nothing Of the affair Of the variou, companies.
They renewed that protest Yesterday morning. In
answer to senator Erwin, question as to Wh"rc John
+. Scarlcs jr treasurer ard -c,rrtap of the trust.
wa, II. o. Havcmcycr answered that lie was in Chi-
ciso.
i wish you to telegraph him 10 be here on Monday,
Mr. IIavemeycr.7 said the chairman, senator Erwin.
Il shall do So" answered Mr. llaycmcycr. but he
will not come
F. NJ. shepard. one Of the counsel wa Of q different
opinion. however, and said that Mr.. sed'c- would
certainly appear before the committee. Iut wlr''
hc added do Won not coll tic Mcs-rs. llavem"er-
You are always asking for wituc-,e, who ar u"' ~
the city. You have kept III lIaycmcy"r- waiting here
for days, while you examined people VINO were
ignorant OF the state Of AFFAIR."
You know" answered Senator Erwin, that We
have wanted Mr. searle, since the beginning oi mo
investigation Your request. however, VIII b. granted
h. o. Ilavcmeyer Wa, in fact. the pIlncph VII
ness Of the day. lie did not disclose the deep Know"
edge regarding the affairs 4 the Trust That h'd been
expected or proplc,ed number Il ms answers
created con.idcr,Oc anu emcnt.
Mr. lIayemcycr,7 asked senator Erwin. "pFa'c
give us a full history Of the Trust and your connection
with II pr
Il became a party in November, 1--7.' answered
the witness, d" H. a decd Of trust called The sugar w
dnerics COMPANY whose powers were "chhr" III
deed liz operations were confined =" the l"'I''"'
If ,bc Trust When the cOmpan; Wa, dissolved py
the Court Of Appeal, then became mcmucr "' "''
American sugar Refining Company
is that al YOU care To- state voluntarily a. iW'
history vi the OrganiLdtion!'
1t Is" came the lacOnic answer.
Mr. favcmeycrs testimony, however re'e'io' w.
di.posto of the book. OF the constituent conpaH''''
which have been ought long bN the member :" "
committee. In answer TO the questions oi '"c H'''
tors sidney : Harri, and Percy H. Coke the c"lhscl
for the committee, he said that the DOCKS WIZ II ~
Offices Of the American sugar Rchhihe '"""P''''' "
Jersey CITY. lie. - president oi thc COMPANY 40"
ords,.i their removal from the Offices Of the trust q"
No. III Wall-st., III January That had 'eoh 'o.'
after toe introduction OF the senate rc7olnao" "ppo"
mo ,be committee The books were the property {"
the New Jer,g! corporation.
o. Mr. uavemcI err said Mr.. Harris you nav o''
sorv.d with a subpoena calling for the p"du'uoh "
,,e hook, before thi, committee. Have you done 80
u have not.
"WiI YOU produce them? 7 continued Mr. Harris
81 canuot do So" came the answer. "Ihcy are
now outside my jurisdiction A. 10 my obIecuoh''
do not think tot 1t would be wise to nave lhe o""
tents of those books made known to our ri'aS :"
bn,ness. | should also object TO an "coun'""'
yoinQ over the bOOhs. Not that there l. any 'hiHt "
conceal in the books but accountant ha'
oIr.,dy made Incorrect statements regarding them
that might happen again. repeat no"
ovor that | have not the power To produce
the books now. corporation Is not uhder inc w"
troI Of its trustees and stockholders alone. IL W
riyes it, power also from the state, ana tic 0''''
should protect it, 49,. .,o,,er
without direction from any one to order the books
sent 10 New jersey. You have the same power now
Then cannot you order them sent back herei
Mr. uavcmeyer could give additional reasons ioi
his alleged inability 10 produce the books lie IL
heated that they were the property Of the corporation
"Tien," added Mr. Coke you refuse 10 prou"'' Wv
booksl7 ,..,,,.. g.
.Weup replied the witness. If my inability 10
produce them i, to be taken a. refusal suppose
mu-t answer, yes.' 80,
senator Erwin replied that the committee would oe-
eide definitely regarding Mr.. iiavemcyers refusal Oh
So, -. think he added, that shall hc
tIiged 10 call YOU to Albany, Mr.. lldvemeyer. You
h., rs,,ised 10 answer questions which the committee
mink sbonld be answered. We shall present TINS
matter To- the OF the senate ana neu see "hat "
be done" 49, , tho
although Mr. Havcmcycr repeatedly assured 'no
sa,or. that he wished 10 give them all the inorma
90. ,rhich l, pO~,cS-ed he declined 10 sllcd h"'H
tioii, unnn the cuisines, Of the firm Of HaVcmeycI "a
I1dcr pror TO their admission to the trust. iie A.
niitcd that the capital Oi the company hau poJii
LOO 900 He had valued the plant ana gOOd VIZ
~ The firm however AT T1OOOO.Ooo. me cpnIpnn'tss
W. borrowed money at varou- times. The anloinnooe
LA LA raugcd between ~ 100000 and Gl3.Ooo"oo.
~ Mr. IIavcmelcr. asked Mr. Harris, what aihonI'
~ nouev a. represented by ccrtIAcae' dld gu n "
ceiyc from the trust when your firm joined IT. :,
re, Dectflly decline To answer tlat question:
4. moi i'm the province OF thl- committee 10 i"t.t
intn nv private affairs. ! do not see WHAT -,
IL can do the state to know the answer 10 '""'
Knit said senator Erwin. -" understood yon ,o ~
say that you wished to give rs much lnIof"'"
as nos ,ible 10 the committee ~ , ,.,,
'That Is true replied the Witness, pn, =. Iu.i
the line when reference is made 10 my private o"o'
senator Erwin, after consultation with ms Jo
ooo,ice announced that the committee hah deC"'",
mar Mr. IIaVemeyer must answer those puc>
cnun,el also They legitimate question:. rI
other Witnesses had not declined t. answer. iW had
icct however. would not be pressed un'il 1t "
tecn considered by the senate. . , -. con
rho trust itself Mr.. Ilavcmcycr described III oom
timing his testimony, AN agreement nelWc'" trust
ain ncrsons 10 do certain things. The dtc' W :, H.,
in p0,ses sion Of the committee he sad, gHNc iiniiin
tnrmot,u regarding the objects Of that olsahHii,,'
Wr scnrlcs had been instrumental IN lndutluE nni
i.r az thc companies join the trust Inc ~ no
~ mo trust had been S50.OOOOOo. IL hhh NV" -
Indebtedness and assets The accouht.tlntS honts
Moved by KdGer, Peabody 4 Co. 10 examine w their
of the constituent corporations at the time u ~