The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1894-07-23

WAaHtHGTONt ~, Va duly ES'-EAlpVIt
W. selp. a Washington stock broker,
was tho principal witness examined by
the Sugar Trust Investigating Commit
teo BE and other witnesses were OK.
amihed concerning the charge that sch-
stor Camden, notwithstanding his do
mails, speculated in sugar while the
sayar schedule was being drafted by tho
finance committee.
f1tiS believed that the original stock
order in Mr. Canden'S name exists,
and its possession by one Of iour or Eve
people hiss been pretty clearly fixed.
Tho committee ls evidently making
strong effort 10 locate tho order. II
maintains absolute secrecy as to the
testimony obtatned and iu1tthes this
course by saying that as tho charge Is
specifc, Il would DO unfair TO the &C.
cused senator to make public diacon.
nected parts d the testimony which, II
published, might put D different inter
probation on the whole
It Is understood that the committee
found promising load. Mr. seip. II 10
understood, admitted that he knew
that certain senator placed orders for
sugar atock during the spring, and said,
Furthermore, that the order was exc
cuted by man then representing IN
this city the firm Of Seymour, Young
Co., Now York brokerR
CORY OF me 6RDEn.
II IL understood that Mr.. seip gave
the committee the name OF this man, In
formed II that be is now with Wheeler
q Co., OF New York, and that a subpoena
for him has been Issued. The hrm OF
Seymour 4 Co, hos an office on Four.
tenth street, between F and g, In this
CITY, but ut tho time Of tho alleged trans
action It's branch was located IN the
Riggs House.
III. seip told the committee, 1t is un-
derstood, that HE information that O
senator had placed an order for sugar
stock came 10 him through very relia'
BILE sources, which he Is said to have
disclosed. According to Ms: seip. when
the order had been executed the agent
obtained from the firm tho original
copy, aud, 60 far as seip 10 aware, still
had It In his possession.
Mr.. seip is underatood TO have given
the names OF other senators who specu-
lated III sigar ut about the time tho al;
Legged Camden order was placed, and
gone ciuos TO testimony which will sub.
stantiate these statements. In Mr..
Seip's opinion, the senator whose order
was placed through Seymour, Young q
Company denied that he had speeulat-
cd for tho reason that IN admission
might jeopardize his chances Of re-clec'
tion this TALL.
WELL, How ABOUT THIS?
Senator Camden was elected 70 Gil
out the unexplred torn OF Senator
Kenna, and. h!s term expires on March
8, 1895. BE will como up for ro.elec-
ton this fall.
". B. Wheeler, Of tho brokerage
Arm Of Wheeler d Co., Of New York,
was on the stand. II Is said no denied
that he had ever placed oaders for set1-
ators for Sugar stock. As tho order ap-
pears 70 havo been executed through
Seymour, Young 4 o., the members
Of this flrm have been Summoned. II
Is expected that thcy will como before
the committee next Monday.
Henry Rood, q reporter for one OF the
Now, York lowpapers, was examined.
He admitted that he wrote IN article
duplicating Mr.. Camden. II Is under.
stood that while Mr., Rood had no direct
evidence 10 offer In regard to specula-
tion Of senators, he gave tho committee
como inkling az to where direct testl-
n1ony can be obtained.
All the witnesses examined were eau
toned against divulging tho proceedings
TO any ono. Senator Gray said they
were on the same plane as witnesses
before a grand Jury. Senator Camdon
is not in tho city, 90 no statement from
him "a 10 the charges eau BIO obtained.
Senator GRAY said again that he saw no
reason for calling Mr.. Camden, as his
denial Of having engaged In stock spe-
culatIon was already on the record.
SENATOR AnIEs's RefoRr
Senator Allen, OF Nebraska, who was
member Of the sugar investigating
committee has made an additional re.
port to tho senate experimenting that
Of the committee. He says:
ain view Of tho fact that tho report OF
Senators Gray and Lindsay docs not SGT
forth tho facts In this case fully as l
think they should be stated. havc
deemed II perfectly proper to iile
uoparate and additional report
HAD AN OBJECT IN IT.
mT+bjnk the American Sugar Refn.
ing Company, popularity and moro prop
crly known as the American Sugar
Trust has been In the habit Of contrib
utinr money 10 tho national campaign
funds OF both the Democratic and Re-
publican parties through lis President,
with the expectation, ii not tho implied
promise. that whichovor party sue
coeded 10 power the intorests OF tho
company should DO cared for by II.
This deduction Is fully warranted ny
the testimony taken by us.
"a wisely drawn and judicious law
looking to promptand ethcient romedy
for this growing owl should DO passed
by CongrcSs and approved by tho Prcsl'
dent
"Tho Testimony shows that two sena.
tors-John r, Mcpherson, ot New Jer'
soy, and Matthew S. Quay, oil Pennsyl'
vania-did engage In spcculnttnR 10
what Is known rs sugar stocks or certi'
ticntes during tho pendency OF the
present tariff bill before tho senate.
As their testimony accompanies TINS
report and Is selt-oxplanatory, l will do
no moro than to say that ] think It fully
discloeos the necessity for law pro"
llIbitInG this practice"