Evening journal., 1891-02-03
1hz SILVER POOL INVESTIGATION.
Representative Taylor Bought Bullion,
Too Owenby TnI1es the stand.


Oo-Owcnby Takes the stand.
" WASHINGTON, Feb. 3.-The special house
committee charged with the silver pool in
vestigation continued its hearings Repre-
sentative Abner Taylor testified that
he was never approached by any person
and requested to purchase silver. MIR. Tay-
lor said that he had purchased Al. 800 ounces
on July Il at 81 % 81 and had sold il az
SLIP ~ on Aug. 10 He was sorry that he
had not purchased more and had not held
it longer He had no information as to
any other person speculating in silver This
was his only deal. He knew of no silver
pool His net profit on the speculation, he
said, was $500, He was in the habit of
dealing in stocks before he came to con
gress, and he did not surrender this right
when he became a member.
lie inferred from conversation he had
with Hedenberg that pool Of some Kind
was being formed TO put up the price Of
silver. He had introduced bill in the
house for the purchase of l2.0o0,O00 ounces
of silver after conference with the secrt.
tary of the treasury and the director OF tht
mint He received his information as to
the amount of silver in the country from
the director of the mint He held no silver
no this time He had no conference with
any persons owning silver before he intro.
duccd the bill, aud knew Of no one that
owned silver now.
Representative Clunic, Of California.
| testified that he had never bought or SOLD
| a grain of silver i'm his life and had nc
| knowledge OF any pool or any person con
nectcd with one and the statement pub.
lished that he had speculated and lost was
false.
Correspondent Moore, OF The ST. Louis
/ Republic, who sent the dispatch referred
to, modified his previous testimony 80 a.
to say that he heard that Mr.. Clunie had
lost money in silver deals, instead Of sly
ing that he had heard Mr. Clunie make th,
statement Mr. Clunie made AN enphati,
denial Of the whole story.
J. A. Owenhy then appeared. accom-
i panied by the sergeant-at-arms The com
mittee granted Mr.. Owcnby's request tC
have his attorney present Mr. Owenb,
i testified that he was a broker as
sociated with O'Brien & Clark. OF New
York. lie was acquainted with Mr.. Par
sons, Of Wells, Fargo & Co, and occupie,
desk room i'm his Office i'm New York. H'
knew Correspondent Stevens. but did no
remember whether or not ne made a state
ment to Stevens in regard to a silver poo
/
on the silver question and had probahl.
used the word pool
Witness had personal knowledge of per
sons specializing in silver during the pas
year Had seen such accounts on books a
Wells, Fargo & Co. lie did not rememhe
seeing the name Of an representative ol
these books. lie had access TO books q
other firms buying and selling silver AM
other securities. among them those of th
| Hanover bank, New York. He did not II
member seeing the name Of any senator q
representative among them, but was show
| what was represented as the correspondent
of a senator by Mr. Donaldson cashier {
the bank, when they were talking aboJ
speculation and the possibility of the silv'
bill passing.
Mr.. Donaldson picked up a paper an
said it was the correspondence of Cellin
him the name Of a sonator) who was in !
aud would vote for the bill. Possibly NJ
Donaldson had mentioned other names !
could not remember without reference
his books and memoranda. which were
a safety vault in Chicago. He refused I
say in what vault. lie intended TO brin
certain books and papers. but was rushe
of in such "a hurry that he didn't hay
time he said he would telegraph fc
them. The committee then adiourne,
| Mr.. Owenbv will be examined further