The evening world., 1894-06-16
QUAY BET ON SUGAR.
And Tells the Senate Committee
He'd Do It Again.
Senator Ransom, Like Mcpherson,
the Victim Of a Son.
Smith, OF New Jersey, Says "No"
to All Questions.
my Associated Press J


WASHINGTON, June Ex-senator Ran
som created slight sensation when he
appeared before the Senate Sugar Trust
Investigating Committee to-day. He
was asked, as were other Senators. who
were before the Committee. the follow
ing question, by Senator Lodge: Has
any member of your family, or any per-
son in your employ, or any clerk en-
ployed under the laws of the United
States in your service, been, to your
knowledge, interested In any OF the ways
indicated in any of the preceding ques-
tions in any transaction in sugar stocks,
or certificates, during the period men
tioned2"
In replying. for his own part. Senator
Ransom repeated the statement he said
he had made to newspaper corre-
spondent, that he never owned one GER
stock in his life: that since he had been
In the Senate he had never traded In
one dollars worth of stock of any sort,
in any way, shape or form; ,,., .
list OF transactions In brokers' office,
where his name occurred. He had taken
the correspondent to his son. George.
porter and others. that he had bought
some sugar stock on the nth or 18th OF
April. He put up margin OF $40, which
he paid the broker on sugar STOCK. lie
GIN OF s25 on cotton. He lost the cot
ton .,nd made $40 on sugar. After that
he repeated the same bet on sugar but
not on cotton, and the Senator th-"S-'t
he lost the second.
The Senator then stated that his son
had admitted further. that he and Capt.
Barnes, a messenger at the Senate Com
merce commit zee room, after that, on
two occasions bought $40 worth OF sugar
stock apiece. The Senator said he asked
the correspondent to examine his son
fully as much as he pleased, and TO see
Capt. Barnes and examine him too.
Senator Gray asked: 'had you any
knowledge whatever until this interview
with the correspondent on the evening
you mention, OF the bets OF your son sn
Senator Ransom replied: never
dreamed of such thing ! never
thought of It, l would not have believed
it."
Senator Smith, OF New Jersey. whose
name has been connected with the ru-
mors regarding sugar. answered all the
categorical questions put by the Commit.
information, directly or indirectly, tto
persons Interested In sugar stocks. said
he had not bought nor sold such stocks,
had never been concerned with any
person IN the sale of such stocks or
certificates, no one had bought such
stocks In any way In which he would
share in the profits, and no member
OF his family had been concerned In
such transactions.
All the categorical questions were an.
swered in the negative, the same as In
the case OF the other Senators. Mr.
Smith, however, was examined at some
length as to the meetings at Senator
Brice's house, and at the Arlington Ho
tel. His testimony corresponded with
that previously given by other wilt
| nesses.
| tee lust before 3 o'clock. He told thu
| Committee that he bought Sugar stocl
for speculation. and that he would dc
so again.
amined during the day. but none o.
them gave any testimony beyond the
denial of the categorical questions con
cerning the purchase and ownership o
Sugar stock or knowledge OF any pur
chase by any one connected with then
either officially or domestically.
The list included Senators Gordon
Jones, OF Nevada; Kyle, McI.aurin, Man
derson. Mills. Mitchell. OF Wisconsin
Morrill,, Murphy. Palmer, Pasco, Perkins
Patt. Proctor. pugh, Roache, Sherman
| Shoup, Squire, Stewart, Teller, Turpie
Vest, Morgan, Power, Villas, Voorhee
and White.