New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1894-05-26
MIR. ROUSE TESTIFIES.
ONE OF THE NORTHERN PACIFIC RE-
CEIvERs ON 1HE STAND.
CONTROVERSY OVER ADMITTING LETTER
WHOSE CONTENTS WERE NOT DVULGED.

CONTROVERSY OVER ADMITTING LETTER
WHOSE CONTENTS WERE NOT DWULGED.
The Northern Pacific investigation resumed
yesterday before A. L. Cary. the master in chancery
: W Petit counsel for the railway. took up the
examination Of James Mcknight. formerly president
Of the Northern Pacific and Manitoba Railway, and
now counsel for Thomas +. Cakes. Mr. Mcknight
said that ne was OF the opinion that the Northern
Pacif, and Manitoba had paid to the Province OF
Winnipeg 5000 more than was officially agreed
upon Mr. Petit produced the minutes of the COM
pany to show that It was really the reverse and
after a number Of questions witness said that the
company 1ld not pay cent more than 1t had 10.
Mr.. Petit then read n resolution passed by the d.
rectors OF the company, permitting the SAFE OF
large block of the bonds Of the company without
giving much Of any reason for such an action Then
he asked Mr.. Mcknight about II. The witness re-
piled that he had disposed Of some Of the bonds
and said that he was the only officer who had any
thing to do with them.
Speaking Of the contract with Decker Hamll
Co. Mr. Mcknight said IL called for $4,000 10 make
up the amount OF interest on the Northern Pacific
and Manitoba bonds paid to the Farmers Loan
and Trust Company for the sale OF the bonds .
Mr. Petit then began TO ask questions regard ing
Master cary said If that line OF examination was
to be continued he would have to conduct 1t behind
After some unimportant questions Mr.. Petit con-
cluded the direct examnati on ana exs sI tSe
SpOOner, VINO appears TOT the receivers, OcSdu tnc
%r sao9ae akS M MSSnaSht there
any opposition 70 the Northern PAcf T2mRohb
P PCad MeNaash sad there was s"S
Pan Minnesota and Manitoba people as among
those who objected. Mr.. Mcknight said that after
the opposition had been overcome S,3OOO worth OF
bonds were issued and turned over to Mr.. Wizard
Mr. Mcknight had always understood that Mr. VII
the Northern Pacnc and Manitoba. until he heard
of the existence of the syndicate. The bonds sod
McNaught said that he understood Mr.. Willard mad
no financial interest in the Northern Pacific and
Mr.. Spooner went on to show that the financial
condition Of the Northern Pacific company In lSsS
would not permit the construction OF the Northern
Pacific and Manitoba road without aid from Mr. VII
lard or a syndicate. ,.-
chair for short time to give several New. Yorl;
bankers chance TO TESTIFY as 20 me amount h Oh
MIR McNaught resumed the stand.
OF Expenditures caused by the construction Of the
Northern Pacific and Manitoba road. which had
been submitted to the Canadian Government in 1882
Mr. Mcknight certified 20 the correctness OF the
list. and after few unimportant que he was
II G. Rouse one Of the receivers Of the Northern
cago and Great Northern Railroad stock. Mr.
Rouse replied that he had never purchased any
such stock but further questions brought out ne
Europe and received the stock when he returned TO
Chicago. lie could not say what tho price or the
stock Just now ne acquired H. All ne
knew was that CO'ga'e Toyt mad received II in
some transaction which he had conducted while Mr..
Rouse abroad.
Mr. PETIT; ihcr began line OF questioning regard
ing the Western states Construction Company.
ibid YOU over try 70 buy Chicago terminal
charter from the Western states Construction Com
pany'' Il don't think so"
Witness dd not remember having eyer written 70
the Western States Construction Company regard
Ing the purchase OF a Chicago terminal charter.
Mr. petrt then produced the COPY OF such a let
tor with the copy ~ the answer, the former pur-
porting 20 have been signed by Mr.. Rouse. The
s.,,, 81 fhe 81 W HiNulgsl
MIR .Sp)oner objected 20 the letters. after reading
them. and they passed 20 Mr.. Rouse. and
then 10 Master Cary. who perused them but said
nothing as fhelr contents.
After controversy. Mr. Rouse was permitted
10 say he remembered the letter. but that was "a
far as The matter got. No would dircuss the
letters for publication. Their contents may be dis
closed today.