New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1894-06-17
IN THE SUGAR DRAGNET.
MORE SENATOR'S EXAMINED.
Mr.. RANsOMs son AND MR.. QUAY HAD
SPECULATED IN SUGAR.

THE PENNSYLVANIA SENATOR ASSERTS HIS
RIGHT TO DO AS HE PLEAsEs IN THE
MArrER-YoUNG RANsOMs TRANsAC-
TIoNs UNKNOWN BY HIS FATHER
MR. VEST DESCRIBES THE AR
RANGEMENT OF THE SUGAR
SCHEDULE
Washington, June l6-The examination OF SEN
ators TO ascertain whether they had dealt In
! Sugar stock directly indirectly or had any
dealings with the Sugar Trust during the pen
dency Of the Tariff bill was continued by the
/ investigating committee to-day. Senator Kyle.
who is Indirectly responsible for the investigation
through the pretended effort of the visionary
Major Buttz to brlbe him to vote against the
Tariff bill. was the first witness. Mr.. Kyle
answered the eight searching questions prepared
by the committee In the negative.
Senator Ransom Of North Carolina. admitted
that his son had spcculated in Sugar Mr.
! Ransom told the committee that he knew nothing
| Of II at the time and said that the deal was
/ small one He denied having given ups 10 any
one on the subject. Chairman Gray asked Mr..
/ Ransom the sixth question as follows
/ Has any member Of your family. or any person In
your employ, or any clerk employed uuder the iaws &
OF the United states in your serv&Ce & n'e 1
in any Of the preceding questions. in any transac-
! tion In sugar stocks or certhcateS uu'i"s INC
| period mentioned?
SENATOR RANsOArs STATEMENT.
Mr. RANSOM want TO make statement on
| last Thursday night tho 18Th. this week. Mr. How
| land tho CORE spondcnt Of The New-York fress'
| sent me his card and called to see me at my rooms
| al tho Metropolitan. with "A stenographer py the
| name Of Robinson. lie asked me questions very
| Ike those that you put 20 me now. He then IN
| hat Press
! wish TO do me or any other Senator any injury
| without giving us an opportunity 10 pe h"hrl' anu
| he felt II 10 bo his duty to tell me that th'y hdu
! I'm their possession or he had. or somebody haH'
| brokers' scrip. upon which were recorded the pur-
| chascs Of different gentlemen or different persons
IN buying stocks ard that upon pd ,h@t s,ork in his %
! city during tho sugar debate here. protested to
! him as positively a man was capanie oil uo,nf
1sr o%ned one certncate or piece Of certificate
OF Sugar stock in my life: that in fact since ! nad
J worth Of stock Of any sort I'm any way, shape or
! form. | insisted upon his seeing the DIoS1I. e.
/ Co who had a house near Seventh-St on ienhsyI-
vania-ave. and that this ming was certa'ny n.y. mn r
there was not a word OF truth IN II: that there was
no connection on 'or .seensI 70 be- I'm earnest and
/ fonbtiess was he ASKED me II this could be tho
TofE S6uid Il h"Tfly bcleve that could not
'Y'''ss said = would be glad + you would see this
broker again before you indulge In any Inniicauon ron
Of
/ ebsoiu,eIy without foundation false as it can
/ 6e" lie sail he would do that and then SAID;
| yours. or senator this is a very clear statement
Of yours DO YOU know Any other 2efson ,a o{ nn ,n
~ but one person in the city by the nnmc of Ran
som now. and that VAS my son teoIEe, T'io ~ va
HE is In the parlor now left him h there wien ri
got your card & tsSng S hsre w So that You can ex
anime him In minute.
HIS SONS sPECULATloNs.
was. perhaps. moro cautious than the occasion
required and said: Il would thank you to cone
with me to tho door here. that YOU can 50" that
/ no communication takes place between me and my
son" went 20 the paror door. where my son
/ George was. and beckoned him 70 come In. did
ro, sneak to him or SEQ him between the parior
and my room and when he got in my room \ 81.
tho gentlemen TO state their business to him. "'.i
told nv SON whatever the matter was. TO tell the
truth about IT, lie then stated to those persons In
nv presence that he had bought some Sugar stock
ON the nth or tho 18th OF April he put ny Il
| margin Of SO which he paid the broker on sugar
,n.rrin of so5 on cotton. He said he lost on the
cotton and made ti0 on the sugar, that atter"arI
he repeated the bet on sugar. not on cotton ana
I think he lost the second , I'm.
lie then stated hat he and CaPan nSrny+' r,'
| 1Senaior Ransom's committed. after that, on TWO
occasions bought 50 worm 2t Sqsar STOCK
- examine my son fuzzy as mucn as ne p'caSeo ana
About t,yo weeks ago Captain Barnes came 70 me
al my room In the Committee oi .ommercr re y
| and has been here for some e-and he told me- ne
haa ssmGhnE to tell II n Rs 5ad anf him 1'IS t6a hy S
had a paper on which my na'ne was was down aown Tor 81 80
much Sugar stock and that was drrry ply IN IT,
/ told him how false II was; how absouteIy ia.se'
and asked him 70 go 70 his trieni ana ten nm me
and let know in what shape ana FORM u was,
| wha; way was. ami wnat II meant, ana now X
friend had looked into 1t. and thought there was
| nothing In H. and told him he must look nt2 It
in H. that could no, live II there was anything
OF that sort In anybody breast about H. ana NJ, ne
and told me his friend said 1t was all myth al!
nothing and not to give mysf any fonf 6 nd %b5
| IL was This correspondent asked me the name or
tina, person. and tod him Il was given 70 me IN
without Captain Barnes's consent; but have no OBJ
have seen Mr.. Rowland about IT, just this minute
sent for him. and told him that should ask the
his interview with me 70 you ! may not have
stated correctly as to deSs on o1nI 4s % vs. I S h
brokers' shop and get an account a paper TO snow
''I The Chairman Had you any knowledge whatever
Ing you speak or OF the bets of your son with this
O'S%t Senator iir Rsnsom-I never dreamed Of such
thing never thought OF T. | % would not nave ave
%tS SgnSVS' great re- deal Of confidence this
spondent wanted TO see him him. Ths Paper l,t SHOWS
ba c Tnn The he sS SSsf 6 i wa we at
Governor Vance's funeral at Asheyie. l may
state to the committee that nave no interest
whatever and never have had. In any stock or
trade, or anything else. In any way, since have
been In the Senate.
SENATOR QUAY's FRANK ANSWER.
Senator Matthew S. Quay, Of Pennsylvania.
told the committee that he had speculatcd In
Sugar stock recently. and coupled tins statement
with the assertion that he had right to do so.
Senator Quay told the committee that he had
not given any information directly or indirectly
to any one connected with the American Sugar
Refining Company. Then Senator Lodge, VINO
conducted the examination, asked MIN II ne had
bought or sold directly or indirectly, since the
hncinning of this sessiOn Of COnEress any sO-