New-York tribune., 1891-01-30
THE SILVER INVESTIGATION.
COMMENT on THE TESTIMONY ALREADY
PRODUCED.
A GENERAL IMPRESSION THAT MUCH REMAINS
YET TO BIZ ToLD-sEN AToR CAMERoE's
TRANSACTION.

TRANSACTIONS
Washington, Jan. 90 (specian.-As was to have been
expected. the testimony given by several witnesses
before the silver Pool Committee yesterday has cN-
cited good deal of comment among Representatives
who have become aware of its drift and sisilhcaNce
and frequently hears the question: "Where i t'
to end ?" Men who have been years In WASH
gon watching the proceedings OF Congress recall tAe
history of Investigations which began even more
tamely than the one pending. and which resulted
in startling disclosures, and shake their hcdu'
ominous,, with the remark that "a chain l. no
stronger than its weakest link" How i this Dclphlc
uttcrauce TO he construed Is IL to be UNDERSTOOD
that all the silver SPECTATORS in the same pool
and that the exposure OF one Will necessarily lead 10
the det ction of all the othcrsl If the assumption
i, mistaken one for enough has already been ue
vcloped to indicate that some of the spectators
realized bigger profits than Others did, "''e
II k asserted that others suffered losses OF course.
all had been in the same pool all would have made
or lost I'm the same ratio. II seems that whatever
the extent Of the silver specuatons of senators ana
Representatives they were mainly in the 1orh oi ioi
yIdual Transactions through brokers or soDe'"ceS'
like Iitlcr. who conducted In his own hdmc tho
speculation for senator Cameron, whose name uu
NOT appear in the transaction at all Litter attended
to bc whole business purely Of friendship and
did NOT derive a nickel OF profit" from the speculation
50 purc and un-elfsh his friendship. 90 inly was
il rcciprocacd By the Pennsylvania senator 50 com
plce unrcscrycd and perfect was the confidence ""'"
each ropo-ed in the other. that the ordinary io'"'
and precantonS Of business men were wholly dlsfc
carlcd by both OF them. II Litter had droppcH uc"u
the moment after he had deposited Camcron's margin oi
- 600 for 100000 ounces OF silver In the form I'll
| . rupce exchange the latter would nave Occl
unable to show that the 5000 belol.c"
TO him: II Litter had suddenly died uiVr
Giving orders to close ont the speculation u'''0'
| Cameron'S instructions. LutlerS hcl'S "o".u 100
eceived an unexpected windll in the shape 81 s''loo
margin and proGt On senator Camclon's silver spec"
| ntior IN which the latter would not have been aoIo
IN urovc hi, claim. according to the testimony "i o''
| the partlc, to the transaction. ,,
Tbc course pursued by senator Cameron III '"'
| Transaction is one which any other Shrc"u o"S"'
man in publc life would be- likely 10 pursue In res'lu
- Iu,. ,rans.,rtlon no man In public If, would be
| a. likely 10 combine with other pnbhc men II 'u'"
, speculation a.. he woud 10 make hi, Vuf'hiNc'
onicfly and without being known In the Trans ''''''
\ careful senator or Representative would o'
ll;cIy 10 do such business through "''""-
Ton broker even. than be woud either t"fo"N'
"A personal friend whom hc '""n ""''
through a broker i'm some other city,
TI,c committee. Of course. Ia, been conprI'" L"
feel II, way and presume that the pubic men VINO
voluntarily appear a. wituc@>e- zen All t3' az u
riu.t realize that they cannot d,pruu ""o'N "P,"
the .pouiancou> tc-umon} offered 10 i'l" H. 0 ',' t1 @
senators and Representatives. II ""bld - I' ,.'.
II fhcy ,honid ASK each witness If any senator or l.p
rGea'g ,, G @ i~ tha; h. had been engaged or con
Il I.r
| "crn.d i'm silver ~prrul4tipu~ whl" ,li''F -
| zion ,yo- ucndinE in COnglc~' fiiuh anu ''',,
| mi answers 20 such question Nollu p-"...tH
| ula,c the committee lu POSSESSION "i !N''I'' '
nr'ri.h ,ol,d bee of value lu the Iio~"u ' '-
| L,,,ui,- II ht- also been observer thd' no l"''
hat. ,.ct lceu asked Whch would bIu- oht ui' " -
- ans. th.re Ic in respect 10 ellftF 'l'''ii'l''' l'
| ., ~ tli. subordinate officers. clerk or 'tWI en-
iye. ~ the IIp-i-. og -I.at". This. oi course li~
ter, a ucrr. accidental OVERSIGHT or omission ON ur
u,rt of the committee. Lut 10 j. wei ch"u-i U" ''n
attention To- it, ~ such questions nave u,ldH. ''''
| Sod iu other inVc-tiratou- o' similar N'.ii'-
c.nrc,llv whenever alterations have been made nHc
! iuis thr integrity II legislation.
! pcnro. .rt,tIvc kcioham of Ncv York. promptly np
,.,red hrfnf, tie rouinlttc" ts morning ANA dru"H
| ntdnr oath that hc had ever been engaged OF tii.
rcrucd either directly indirectly, IN any -il'ti
,poculaon- or transactions whatever 10 every b.df
who Knows General k"tclam. whose public carer a-
bc.u - long and honorable one. thi, denial. "hlc -
| seemed wholly unnecessary. VIII hc EthilNlnE.
Mr.. OWcuby. whose arrival Z" t"-ii' htd h''l
expected with much interest aud curiosity. not uL-
pear and uo explanation ol h- non app"atauc" ''d
| special deputy t. Chci-D after him IT, lIu d"aupNl
name Of the deputy sergeant Al sent u Chicago
il For-yrl and hc - understood 20 Doe "nplpfc ~
| the Treasury Department. II may bn remarked that
sergeant Al Aru- Holmes IA, seemed tp be- convinced
| from the beginning that Owcuby would never appear
unless compelled to- Il, Having THIS impression cor
conviction. me l1, doubtless don" everything iu hio
power 10 keep oWcuhy under careful surveillance.
| that II viii b. an ca-v matter comparatively 90 cu
| force Attendance A pf A