New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1895-08-27
RpAyTON IvEs's EXPLANATION.
he MAKES STATEMENT REGARDING me
NORTHERN PACIFIC RECEIVERS oEhiA
c.rrs r,.11I1AM Y CROMWELLS REPl.l

Ut MAKES STATEMENT REGARDlN" iriH
NORTHERN PACIFIC RECEIVERS cERrlfl-
WILLIAM ~ CROMwELLs REPLY.
R,avton Ives the president OF the Northern
Pacific Railroad Company, had his Afternoon 'a''eN
v.sterdav 10 a published report OF the procedures
49, 1,,age uanford in Seattle in the argument
o. ,ha removal OF the receivers Of the company IN
which statement ex-Unted States senator opoonea
refers 10 Mr. Ives and the bids upon the S''"'''
IN receivers certificates last OCTOBER
Mr. Ives prepared a statement. in "hiCn IL iii"
q severe attack upon william Nelson Cromwe'' VI
e,,,..a g. Cromweu the general counsel for the
receivers When Mr.. Cromwell saw the Statement,
which was submitted 10 him. ne pronounced II
rherous With these personal references e''ii'
mated the statement o. MI Ives is as follows
Although the dispatch is somewhat '',ue''. .',
=, ,s terms infer that Mr. Spooner has reiterated
-. oha-oe already made against me. that made
. hid FOR only small amount OF the SVU"" oi
receivers certificates issued under Judge 'enA'' :
order Fortunately for myself ana irle"uS, '"'
charge Is true The fact is that the DID whcn was
submitted through Mr. Petit for the cerunca'e9
WAS against my Judgment and almost against my
,-o,ss. While | am not lawyer. nave pee"
obliged 70 devote much thought TO the legal ques-
lions involved in this Northern Pacinc co"'es''
and from the first have been persistent !" ~"
assertion that Judge jenkins had no jurlsdic"o"
IN the case that eventually competent a."
rho-ify would SO decide Consequently was mo-
willing 10 burden myself and associates WIN
CERTIFICATES which could be questioned
Even u the certificates were issued by coipe'e"'
authority the order for their issuance snouiu nave
heen entered in the various States where the PROV
erty OF the company was TO be found oeio'e ',''
certificates were sold The Supreme Court OF '"'
Tinted States decided sixty years ago tha' "o
court in any state could create lien on pIope' y
living outside OF that State. and tha' ue''S'on
governs to-day. / am glau ina. ny - o,ber
Icates were taken no. by my friends. Dut py o'"S
persons who while reputable parties. cannot ~ pr
regarded as innocent purchasers IN th' s,sh
which the words ordinarily used III sun =. "
connection They at least Will know ~noih ~
blame ~ they have trouble in collecting principa
and interest 1t has been stated puoilcly III
& IN 600 OF these certificates were sent 10 EuIop'
TWO weeks ago ] do not know who sent thsu
bur shall not be surprised 10 ma that tne senior
have placed portion OF their burden OF
the shoulders OF persons who VIII be IN me eye
% the law really innocent . =. lea., NOV
evsr thai even the eight United states Senators
been retained in the present suit Will not be ape
10 avert the consequences of ill-advised actions,
Nr Cromwell expressed himself as being highS
amused at the statement OF Mr. Ives, ana added
at As only natural that Mr.. Ives should tee eN
asperated after have been fighting him FOR TWO
wears and have beaten him at every point IL j
not strange that should be attacking the securi
lies Of his own company? He will be greatly sur
prised when he learns that have outwtted him
again and that ! have had the orders for thf
issuance Of the certificates entered in all the >tate'
where the company has property. This VIII bt
news 20 Mr.. Ives but IL is a fact