The morning call., 1891-01-25
THE ALLEGED
SILVER POOL.
testimony Offered Before the
House Committee.
chairman Dln5ley'S Explanation Regarding
Senator Vests Evidence.
j. A. OWenby Of Chicago Promises TO Make
Some Interesting Disclosures If Per-
mltted to Talk.
special to THE MORNING CALL

WASHINGTON, Jan. 4-Representatve
Dorsey of Nebraska testified before the Sill
yer Pool Investigating Committee to-day.
lie had no knowledge Of any Congressman
or other Government officer being interested
IN the silver pool or in the silver-pool spec
ulatlon. Witness never did have any inter-
est, directly or indirectly. in silver bullion
or silver speculation.
II. V. Parsons of Brooklyn was called to
the stand, but before he testified Stevens.
the correspondent of the Globe Democrat,
SAID he wished to withdraw one or two
| names which he had, at the request of the
committee, given from recollection. They
were those of Newlands and Parsons.
Since testifying he had received from
owenby letter dated Chicago, saying that
he was in error as to Parsons. Stevens said
he received a letter from Owenby two or
three days ago; that he had shown it to
Dockery, who suggested that he hold it for
q while.
Parsons, the New York agent of Wells,
Fargo & Co.. said he knew nothing about
any silver speculation by Government Off
GERS. Parsons said lie knew Owenby
slightly. Owenby frequently came 10 the
office of Wells, Fargo 81 Co., and witness
made lis acquaintance in that way. He
said Owen5y stated that he had an interest
in some silver given him in consideration of
information furnished. Owenby said the
cashier of the New York Bank was his asso-
ciate in the enterprise.
Afterward Director of the Mint Leech sub
mitted a statement of the visible domestic
Snpn1V Of silver nacan, har tst
airy 1st last. On the former date the visible
supply Leech placed at II, go, $50 ounces,
the largest holders being the Mercantile
Safe Deposit Company, the New York
banks and Western refineries. He also sub
mitted list of The concerns that since the
last silver act was passed offered 10000
ounces or more Of silver to the Government
Director Leech gave among the regular
sellers: The Consolidated Kansas City
Smelling and Refining Company of New
York; Clark, Dodge & Co.; Handy &
Harman; Zimmerman & Forshay the Fourth
National Bank; the Boston and Colorado
Smelling Company of Denver; J. & W.
Selgman & Co. of New York; NessIage,
Colgate d CO.; the American Exchange
National Bank of New York; the Bank of
. California, the Nevada Bank, the Anglo
T Californian Bank, the Srloy Smelling and
,
San Francisco; Wells, Falgo t Co. oil New
York; l. ~ - Wormser; Hvidebnch, Icke!-
heimer x Co, and L. a. Cole OF New York
Leeeh gave an outline to the committee oil
the manner in which silver speculation was
carried on, and said the deposit of bullion
and issue OF certificates began largely as a
matter of convenience 10 Western refiners.
who did not want to throw their product on
the market at iuopportune times. Like most
OF the previous witnesses, Leech had no
knowledge of any speculation by persons
connected with the Government.
Chairman Ding!ey for the benefit OF the
newspapers, from which the people must
obtain their information of the inyestiga-
I on, remai ked that his attention had been
called 10 publication charging that in
some way the committee had managed TO
prevent the evidence which Senator Vest
gave respecting Senator Cameron from COM
ing before the country until after Camcron's
reelection, aud that the committee knew
what Vest would testify to. The fact was
the committee sent word 10 Vest on Satur-
day to appear, but he replied that he could
not leave the Senate. At the instance of
Oates, WHO stated that he had business in
New \ ork, an adjournment had been taken
until Wednesday. Had the committee had
any intimaGOn Of Vests testimony, it would
nave insisted ON his appearing SATURDAY.