The Providence news. (Providence [R.I.]) 1891-1906, 1903-12-09
GUTHRIE
GIVES
THE LIE
Says That UntermyM Rssortsd
To Deliberate FaISehO0d and
Receives a Hot Reply.

New York, Dec "a sharp tilt between
counsel enlivened the opening Of the
shlpbuilding hearing today Mr.. Guthrie
characterized a statement by a.r. Tn
termyer as almost indecent" and the
latter retorted I'm warm terms
George w. Perkins OF the firm of j.
r. Morgan & Co. resumed his testimony.
II was expected that Mr.. Perkins would
be dismissed today. Max Pam and c.
NJ Schwab. important witnesses. remain
10 he heard. but counsel for the com
plaiuants announce they would not be
reached today.
At the opening Mr.. Guthrie restored 10
tho files In the case the copy OF the Nor
gan. Haries G. Co.. letter which he took
away with him YESTERDAY thereby pre-
venting its publication and counsel TN
termyer resumed the cxeamantion on
this subject.
The first question showed that the lct-
ter enclosed a copy OF a letter sent by
L. r.. Alexander OF Alexander and Green
10 Morgan. Haries & Co. and over the
Identification and admission OF this copy
another protect was made hy counsel
Guthrie for tho defence.
Mr.. Guthrie repeated his protest against
this letter being furnished to the press
evokng a warm reply from Counsel Tn
termeyer. who declared that he did not
propose 20 submit to any moro dyspeptic
behavior on the part OF the counsel and
said that Mr.. Guthrie had himself given
out unintroduced testimony for publca-
tion and made formal statement before
the examiner I'm regard to Mr.. Guthrie's
protests about publicity.
Mr.. Guthrie characterized this statement
as almost indecent and the lie was
passed on both sides, Mr. Guthrie speak
ing "of deliberate falsehood" on the part
OF Mr. Untermyer who replied in terms
equally strong.
The copy OF the Alexander letter en-
closed IA the Morgan Harjes and Com
pany letter was marked for Identification
Mr. Perkins was then asked TO tell in
detail how he came 10 cable TO Paris the
message itroduced yesterday referring TO
tho interest OF "Mr. schwab aud his
friends I'm the shipbuilding company
lie told OF three requests made by Colo
mel McCook OF Ale: luder and Green the
first time asking that Morgan & Co,
cable 20 their Paw house an endorse
ment OF the ShipbuldIng company. This
was refused
Mr.. McCook then asked that the Paris
branch be informed that Mcssra Sch wab. |
Nixon. Dresser and others were interest
cd In the company. that the properties
were valuable and the men interested
were recommended.
"
gram on July ~ 20 the purport that Mr.
schwab and his friends ere interested in
the new shpbuilding plan. aud would be
very glad 10 have the Parts house take |
as cordial an interest IN n as is con
sistent."
Mr. Perkins did not recall that Col. Nc
Cook told him anything Of the conditions
OF the French underwriting or why the
recommendation Was desired.
Mr. Perkins was asked what ne knewof
the Shipbuilding company ~ the time ot
.N.N..
piled that he knew very little about a.
but that the contract for the sale pro-
vided that Morgan a. Co. should receive
the actual amount or cash advanced tgr
the Rcthlchen company. The SOVoOet
stock being taken In lieu " all profits ana
interest on the Investment
Morgan ~ co. were also 10y this con
tract TO have lesal opinion on the or
SANITATION ~ the shpbulldinE company.
But what information aid you or Nor
gan a Co have OF the value of the stock
you were taking In part payment or Of
the value Of tile plants included I'm the
combine tionT' Mr.. Untermeyer asked.
AIR. Perkins replied that so far as be-
knew no Investigation on this part was
made by Morgan & Co. but Mr. Unter
meyer was not satisfied with the word
Investigated and insisted in answer In
regard to ANY information or knowledge
OF the shipbuilding plants or their val
ues" Mr.. Perkins insisted that he per
sonally had NO knowledge. on July 80.
when the cable was sent of the plants
their values or their earnings and had no
concern with the ship building transac-
ton nor did he. on Aug. H.. when the
salc OF Beihlehem was closed. have any,
such knowledge 20 give him an idea ~
the vsluc of tho securities taken lu part
payment
Asked about Messrs Dresser. nixon aud
Fam Mr Perkins declared that he bad
knoWn them oniv iu seuerai way up 20
the time ~ tho sale ~ Bethlehem ard /
that he did NOT know that Pam was rep
rssenting schvah. Mr. Dresser. IN asking |