The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1898-08-02

witness added, said he could not take
the money personally, but remarked
that it could be given to his brother,
Mr.. Fitch-Hatten. Continuing, Mr..
Hooley asserted that the Earl Of Win
chelsea also received $4,000 for joining
the directorate OF a horseless carriage
company.
AS to the Earl Of Albemarle, Mr..
Hooley said that his SILLY disclaimer"
did not need any explanation. Mr..
Hooley testified that Earl de la Ware
offered him f1,OO0 to say that the f25,-
900 paid him by the witness was a gift
made after the hotation of the COM
pany in which the earl figured.
Mr.. Hooley further testified that GER
tain directors Of the Humber company
offered him e, 600 and $4,000 to commit
perjury and say that the $4,000 which
he had paid them was profit from 9TH
er business.
Mr.. Hooley said that, while out driv-
ing yesterday, little man in han
som cab stopped him and said: There's
a. thousand sovereigns in the hanson
for you"
Mr.. Hooley said he replied: What
have I to do for them?" Thereupon
the little man is alleged to have an
swered: eff you will say the money
you gave Lord A1bemarle was pres
ent made after the company was float
ed, 1 am to leave you the sovereigns
and take your word of honor"
Mr.. Hooley continued: II told him l
would punch his head If he did not
go away"
Mr.. Hooley then told Of the payments
which he claims to have made to the
financial editors Of the Pail Mall Ga
zette, alleging that he paid the former
in order 'tto keep him quiet"
PAID THEM WE'LL.
At another point of his testimony, Mr..
Hooley said he paid Lord March be-
tween f7,000 and $4,000 yearly for join
ing company; that he paid Mr.. Alfred
D1uce. the Conservative member for
Northampton, f2,500, and Sir ~Blundell
Maple f2,80O, by repurchasing their
shares at enhanced prices. The witness
afterwards sold he paid Lord walton
Lenox for introducing Lord March and
Lord Templeton, and promised him TO-
600 and $500 yearly for serving on
the board of directors, who, however,
refused to sanction 1T. so he paid Aord
Templeton f7OO for withdrawing.
incidentally, Mr.. Hooley mentioned
having purchased the Prince or Wales
racing cutter Britannia for Mr.. Law
son j. Stone, and said he had to keep
the Yacht because she had not met
his expectations.
Counsel for Lords de la Warre and
Albemarle denied the 1mputat1ons
made against their clients. The legal
representative of Lord Albemarle also
said that his client, without admitting
that the $4,000 was received as a con-
sideration, was willing to return the
money to whomever was entitled to re-
ceive It When Lo de la Wares coun-
sci finished his denial, Mr.. Hooley
shouted:
"Tben, if you wish it, have tele-
gram from Lord de la Warre .and the
draft of an agreement setting forth
what I was to say today"
Mr. Hooley fourished some papers TO-
wards Lord de la Warre, who was pres
ent, and an exciting scene was ended
abruptly by the adjournment OF the
court.
CAUSING A PANIC.
Mr.. Hooley's revelations Of the meth
DDS Of London fnancicrilg have thrown
into a panic thousands of Englishmen
who have invested their savings in the
stock of companies. It was a matter
Of notoriety that the smaller journal
parasites fattened upon such specula-
tions, but the divulgence that boards
of directors are made up Of purchased
names and supported by subsidized
press was unsupported. That the deal
ings were merely technical Is received
with cynical skepticism. An exodus
Of small holders is expected, and crop
Of Investigations is sure to result. Pro-
posals Of legislation to regulate and
purify companies are already broach-
ed.
In the meantime the promoting Ma
poleon, turned informer, mounts the
pedestal as a popular hero. People are
forgetting his share Of the responsible
ity for the system he exposed and the
crowd in court applauds every time
he scores off a nobleman.
Today's proceedings were full OF dra-
matte episodes. especially the revela-
tions Of attempts to bribe Mr.. Hooiey