The times. [volume] (Richmond, Va.) 1890-1903, 1894-06-17
MADE Several Small Investments Without
His Fathers knowledge.
QUAY ADklIS HAVING SPECULATED.
lie Makes Clean Breast OF the Whole
Transaction to the Senate invesiiEst-
lug Committee.

| Tour OF the eghty-tve members OF the
senate. The eleven who are yet to be
examined are Senator'S Butler. Cameron,
Dixon, German, Irby, Mitchell (Ore),
Pettigrew. Walsh. Washburn. Wilson and
Wolcott Most of these are out Of town.
HANsoMs ccNNEcrIoN wIra N TRUsT.
For some time past there have been ru-
mors that Senator Ransom u. O. had
been speculating in sugar stock. but the
reputation for integrity held BY him has
ef1ectually prevented their publication.
To-day the basis for these rumors was
shown by the statement Of the Senator
| 10 the committee that his son George
VINO IS his clerk, and Captain Barnes, ms
messenger, had invested small sums I'm the
! bucket shops. The explanation Of General
! Ransom was a complete ylndicaton Tor
him from the accusations contained IN the
/ rumOrs.
Nearly all the senators who testified
| to-day made negative answers 10 the
| questions prepared by the committee, and
were allowed TO 90 without further ex-
animation. All those. however. whose
names had been mentioned IN connection
with sugar legislation were questioned at
length. They were the members OF the
| Finance Committee and Senators Smith
CN. J), Murphy (N. " and a few others
The categorical questions asked by the
committee OF every senator who appeared
before II were as follows.
TIE u lIoS lRoPouNDeD.
Have you given any information to any
one interested In sugar stocks, or In any
stock Of the American Sugar Refining
Company. that was intended or calcu-
| lated TO affect its value?
Have you bought or sold, directly or
indirectly, since the beginning OF this ses-
sion OF Congress, any so-called sugar
stock or stocks. or stock certificates Of
| the American Sugar Refining Company?
Have you been concerned with any one
| I'm interest. direct or Indirect. contingent
| or otherwise. In any operation whether
| by purchase or sale, Of said stocks or
certificates
Has anyone bought or sold for your
account, or I'm your interest. any Of such
| stocks. or speculated in any OF such
| stocks on your account or given you TO
| understand that you would share I'm the
| profits Of any operation i'm such stocks.
| or placed any money 10 your credit as
| the proceeds Of the purchase or sale OF
| such stocks. or promised or agreed 10
| place such money 10 your credit?
| Has any member OF your family or any
person in your employ, or any clerk eU-
! plOyed under the laws OF the United
! States in your service been, to your
| knowledge, interested IL any OF the ways
| indicated I'm any of the preceding ques-
| or certificates during the period men
| toned?
Have you. or has any member Of your
| family, or any such clerk, owned or held
| certificates Of the American Sugar Rein
| ing Company during the period hereto
| fore mentioned?
| Have you AT any time been connected
| with the American Sugar Refining Com
| pany. or have you at any time been I'm
| its employ as attorney. agent, or other
| wise?
SENATOR RANsoM's TESTIMONY.
The testimony Of Senator Ransom IS
| as follows:
Chairman Cray asked Mr.. Ransom the
| questions as follows:
Has any member OF your family, or
any person I'm your employ, or any clerk
| employed under the laws Of the United
! States i'm your service, been interested IN
| any transaction in sugar stocks or GER
thcates during the period mentiOnedy
Mr.. Ransom. / want 20 make state
ment. On last Thursday night the l4th,
this week, Air. HOWland, the correspond
enD Of the New York Press, sent me his
card and called to see me at my rooms at
the Metropolitan, with q stenOgraphcr by
the name OF Robinson. lie asked me
questions very like those that you have
put 10 me, | mean the substance OF them.
He then informed me that the New York
Press did not wish 10 10 me or any other
Senator any injury without giving us an
opportunity 10 b. heard, and he felt II 70
be his duty TO tell ME that they had I'm
their possession. or he had. or some
body had a brokers' scrip upon which
were recorded the purchases OF different
gentlemen or different persons In buying
stocks. and that upon that scrip / had
been a frequent purchaser Of sugar stock
in this city during the sugar debate here
| protested to him as positively as q man
was capable of doing that IL was i'm
pOssible that Il could be so: that | never
~
cate OF sugar stock In my life: that IN
fact since had been in the Senate / had
never traded in one dollars worth Of
stock.
/ Insisted upon his seeing the broker
He told upon my asking him that It
was Silsby & CO., who had q house near
Seventh street on Pennsylvania avenue
and that this thing was certainly there
/ told him 10 telegraph TO HIS paper at
once that there was not a word OF truth
in II. He asked me II this could be
the work Of some malicious enemy Of
mine. told him l could hardly believe
that but ] could not account for il 10
save me, how II was possible.
/ said II would be glad ii you could
see this broker again before YOU indul c
in any publication Of this sort. and fld
out if this information Is not absolutely
without foundation, rs false as IL can
be-" He said he would do that. and
then said: "Well, General. this Is a
very clear statement Of yours. Do you
Ransom In the city,
sENT FOR HIS son.
| told him / knew OF but one person
in the city by the name Of Ransom now
and that was my son George who was
my clerk. He asked me where he was
and l said: He is in the parlor now.
1 will step in and bring him here"
was, perhaps. more cautious than the oc-
casion required, and l said: Il would
thank you 10 come vita me TO the door
here so that you can see that no COM
municatiOn takes place between me and
my SON" j went to the parlor and
beckOned my son to come in. | did not
speak 10 him or see him between the
parlor and my room, and when he got
In my room, / asked the gentleman 70
state their business 10 him, and told my
SON whatever the matter was TO tell the
truth about II. He then stated that he
had bought some sugar stock Oh the
l7th or the 18th Of April. He put up
margin of ten dollars, which he. PAID
ON the same day he put up mar
gin of S25 on cotton. He said ne Iost
the money on the cotton, ana made
$40 on the sugar. That afterwards ne re-
peated the bet on sugar, not on cot'on'
and ] think he lost the secOpu. <,-.-,..
He then stated that he ana a captain
Barnes. a messenger here at the COM
merce Committee after that on Two oc
casiOns bought SO worth OF sugar stoCh
aDiece They went In together ana asked
tbis correspondent TO examine my son
fully. About two weeks ago capt Barnes
came 10 me--he Is a messet ser OF ths
C0mmerce Commission, Notln SasV-
Iinian, and has been mere iOI soIie i,l
IA tell me and IL was rorgh; tnat friend
of lis had told him that tbey had
paper on which my name was uoTh iof
so much sugar s.9ck, an o, S"at soIutsiS, ms