New-York tribune., 1903-05-01
NJ. S. R. CASE SUMMED Up.
Talbot j. Taylor Denies Kee"e Sent
Reports to World.

II summing ,,n his arguments in the Amory-Nree
,and libel suit yesterday James w osborne, cou- -.
sci FOR arorv reiterated his charges of crime IN
.ba managing of the Metropolitan Street Railway
Company and offered thinly veied cnahenSe y
District Attorney Jerome 10 take up TINS aea'ui
of the case fer most rigid inspection he oeci4Ie
that before Amcry took any steps IN ME or''>
he consulted Mr.. Jerome. VINO was fully s"aIe war %
hofb civil and criminal proceedings WHICH ANU.
contemplated This Delaney Nicoh nnpe'uousls
.5erteo ard there sharp wrangie oe'"eefi '''e
tno lawyers for moment. -
.r.1Eo. ! ,-ax-lo- so,-in-lavv Of James r. heene,
>as the chief witness yesterday. He was put On
the stand 10 show how the Techmann aIlo ne "e
rerorts found their way from his safe TO me 'e
York World The last he knew OF fhe1n' ne
said they were ostensibly on their way 10 -"i,
r-ee,e with messenger. Mr.. heene aSsefteo
that he never received them. As 10 the lnesSen-
ger Nj Taylor was greatly ignorant lncioehta'
" Mr. Taylor testified as TO how he rurhisheu
munitions Of war for Drayton and Amory' anu
,.,sor examination from Nr. Osborne said that
he was short of Metropolitan wher the HeFue anu
Teichniann reports were published; mat ne ""9
still short and that Mr- heene was aiso shoiI
about two thousand shares
Better not do any more along that me
observed Mr.. Nicon to his opponent
No ] think I'll need undertaken II 90
laughed Mr.. Osborne.
Two thousand shares Mr. Taylor explained later
was a mere bagatelle for Mr. Keene while me
entire shortage of his office his customers anu
his brokers some $500 shares. was insignificant
General Benjamin F Tracy. OF counsel Tor MI
raylcr said that neither Mr.. Taylor nor MI-
Keene cared about the publication Of the Herue
end Teichmsnn reports.
''Mr. keene refused TO have anything 10 90 wiz
she whole affair" he continued. MI Taylor oo-
fained these reports to protect his own interests
lie knew Of this action for almost year Out
suppressed his knowledge. He suppressed these
,anorts ,,ntil the gossip in Wall Street became
prevalent and the stories the District Attorneys
Investigation leaked Then he showed them 10
such were interested
The District Attorneys library, where the hearing
was held was thronged yesterday morning In
the assen blage We're most OF the people "hose
names have figured in the case and half q dozen
women. among them Mrs. Nicoll and Mrs BARROW
As Talbot J Taylor not there at 10 O'CLOCK
ar aroorv was put on the stand. and testified that
-z-hen he sgore the other day that he hao not
sdyfsed any one 10 sell Metropolitan. he nad no
recollection Of his letter TO Hazard, IN whlch ne
sais: Il see no objection to selling the STOCK
,bo-- He also said that he had advised Moulton
10 submit the Arrory-Hazard correspondence to the
xourt.
About this time Talbot J. Taylor. wearing large
rarnarion came into the room. General Tracy on
one SIDE snd Wheeler H Peckham. his personal
counsel on the other. After consultation by the
lawyers he began his testimony. under examination
by Mr. Niool
o-How much did you pay D1aEton for dis61Ise; 1stj
,5a ,qgat b9ndTe9 59 dTe9rS soiia45 II Afii OF May
f 31uq qf bsSrss gSn pay Eddsfs 3szf0n in 1902
Q.-Hov di6 you pay him? An cash-some per
sonally. some by my cashier -,
thousand dollars. il, was, paid by the cashieF ,
,leeon with he Metrepoiitan inyestigati9n? A
paid Hertle $eoo and Feichman A'oe ana his eN
Tenses.
He Maid Aroorv in instalments he said, according
- the agreement made in April 1902, through MI
1erayton. Amory was rot present at TINS agree
znent but was probably aware Of .it To Draytoh
zas PAID s25eo and 500 month until September
- AZ which time Mr. Taylor said, he had all the
repor1s and needed no more information He then
had Hertle's preliminary and final reports IN MS
tafe and showed them TO Mr.. heene when ne re-
turned from Europe in October Several times they
we're shown TO Mr. Keene. each time peins receiNeu
again by 1ir. Taylor.
M NicoIrs object here was 10 show tnat MI
Keene got the reports snd gave them TO Inc
World
ser and after the Wall Street gossip that they
we're in the District Attorneys hands, he showed
.bern TO several customers. including Nj Ash
well, broker. The questioning went on;
long were these reports Is.9 On eEhibtI0n
ives published? A--No
0.-Nsroh le? Al think not
-Mareh . @ e 4l 4ie lalt alI5 5aT? Al don't recall
QWere they stolen? AL don't % claim lit It +sies ~as
bo-e ne raeessye fhsf there was messenger at my
afice who wanted the reports for customer
8-Whst diTeo1ons did you gye2 Al told
q give messenger the reTorlS
c-Do YOU know the messenger? A-No-
DID you see Keene that day A--Les, s:5 I've
when he said he could not recall ever having re-
Dc Eon know by what method K4ene dropped
hem On Eakins desk? Al don't know anything
shout their route there.
Regarding his going short on Metropolitan, his
testimony was as follows, re reaHine nsuFes from
= typewriter document.
o-You sold no stock until the report got
opt that the matter vas I'LL n me nsnas SOL oI the & bS
,se IeTer more than four thousand shares IN my
rA5oe sold 1--WE hundred shares on tip from
FsbrGsTy g. and kept selling to March 80 The
sales were. February .. le0 shares February e, -,
7fsrcb 81 ? o6: March Il go March Il $500 and
., o5esT M Sd SS 90 these transactions of course
inoluetd the- sales for myself and my customers.
short over 500 or 2.5o shares. I'm not hiding any
tfing.
NJ, -Nicou then formally moved for Mr vree-
lands discharge asserting that the alleged libel
was true and was published for justihao BILE ends.
because Il was Ereeland's duty to answer at
tack Of insolvency on The corporation Of which he
was the head Mt Nicoll charged Arnory with be-
ing the author Of the attack Metropolitan, and.
through his confederates. gaining the publication
of the Hertle and Techrnann reports. The reports,
afr NicoIl said were traced from Mr. Tsylor's safe
through Mr.. Keene TO Mr.. Eakin's desk.
We charge that Amory and his confederates got
up these attacks for the purpose Of raiding the
stocks and bearing the market declared Mr..
NicoI. who gave his version Of the strike suit
with Brsker. the most suitable associate Amory
could have found" receiver; "Amory. himself
not Stockholder, as lieutenant colonel. 10 run
the whole business" and '-Phiibin--ah Philbin was
70 be counsel the receiver That was q rich
plum. Counsel to the receiver would bring suits To
recover the ssGcoo.090 believed TO be stolen. and if
Re recovered u per cent fee would not be ur-
reasonable and Mr.. Philbin would get 10000"
II the testimony which contradicted the letter to
Hazard he charged Amory with perjury Of the