New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1903-10-15
Absolutely Pure
THERE IS NO SUBSTITUTE

Young and a report by Riddle & Common.
countants.
Frederick p. Seward another dummy di-
rector. who at the time of the organization Of
the shipbuilding company employed by the
Corporation Trust Company of New-Jersey in
its New-York office. No. 49, Broadway. the
next witness. He employed. he said. in OBJ
tanning business for his company.
How did the officers Of the Corporation
Trust Company of New-Jersey chance to be-
come corporators of the United States Ship
| building Company" asked Mr. Untermyer.
Il don't know. It is not uncommon for the
company to furnish corporators when
quested."
Who asked YOU to become a director in the
United States Shipbudng Company
I think it was Mr.. Deming Of Alexander e
| Green"
Before the examination of witnesses was re
sumed yesterday morning. Mr.. Guthrie said
! that a question to the propriety of his ex-
aiming Mr.. Dresser as A witness had been
raised. and he wanted to file copies of letters
which had passed between him and Samuel
Untermyer the subject Il would like be-
/ fore proceeding" he continued Ito ascertain
! if any one challenges the propriety of my cross
examining Mr.. Dresser. Mr.. Dresser consulted
me in January in regard to specific matters such
as the liability OF the French underwriters. the
/ liability of the Mercantile Trust Company and
/ the annual report of the Shipbuilding Company.
/ If there is objection to any part Of the cross
/ examination the theory that 1 am using in
formation confded to me pretended to be
J confded to me. 1 shall ask you. Mr.. Examiner.
to suspend examination on these points and
certify to the court such points for decision"
Mr. DREssER's PROTEST.
Mr.. Untermyer said he objected to his CORE
srondence with Mr.. Guthrie going on the record.
and Mr.. Dresser got up with some show of heat
and said TO the examiner:
/ Mr.. Examiner want to say that the ques-
lions Mr.. Guthrie has asked me or the stand are
1 ones would not allow any man living TO ask me-
or suggest to me. But was on the witness stand.
Mr.. Guthrie asked me whether my mind had
| gone. whethc- 1 knew l was a criminal
and whether had stolen papers from the Trust
Company Of the Republic in the last three
weeks, when he knows I have had no connection
or intercourse with that company for many
weeks. Under the circumstances appeal to
| you, Mr.. Examiner and ask what 1 am TO
| do. w1nt to say chat Mr.. Guthrie acted as
/ my personal counsel and that l received a bill
from him for services which were Just as much
| for me as for the trust company. 1 have con-
| ioed all the facts in connection with the Trust
Company Of the Republic to Mr.. Guthrie. He is
! in possession of all the facts"
MI Guthrie rose and replied mildly: Mr.
| Dresser's statements are incorrect. l would like
| TO know upon what matters l can examine Mr.
| Dresser"
THAT IS for the examiner to decide" Mr.
| Dresser replied. After this the examiner de-
| c,ded temporarily TO withhold the letters from
the record.
THE LETTERS GIVEN OUT.
Copies Of the letters were given to the press,
however. The first letter was sent to Mr.. Tn
ter1myer by Mr.. Guthrie on Tuesday. and was as
| follows:
ton yesterday that some attack would he made
M Dess beg To say ' that as M2 B Tla2n of
never personally my client and the only relation
had with him president Of the Trust
Company OF the Republic must decline 10 re-
sainn r pser any Buri2 tho c 7" my cross
conferences the subject Of Mr.. Dressers personal
Shipbuild:ng Company was never mentioned.
special counsel Of the Trust Company Of The Re-
public by resolution Of one Of the committees OF its
10 FOR opinion as to the liability % the
French under~rlters ana what claim existed against
underwriting were ultimately found % be uncol-
Brss testic5 he prepared and sbmt m5'Gn Nj
and which was produced at the last hearing shows
on its face that ii puroTts TO be the proposed
rauy Of the Republic.
Prior TO January had never discussed any mat
Ter with Mr.. Dresser. and barely knew him by
sight. and on the completion Of the annual report
my connection with the matter wholly ceased and
have never since spoken !" MI Dresser upon that
any other subject. ON January = ] went tsu-
aud absent for months. and
IN return / been consulted
Trust Company the Republic or any of IFS ofii-
Gers Ny bin for professional services in mat
ter for s. rendered TO the Trust Company
Of the Republic and paid by it,
regret that any one should have seen 1T to
ma ke such a suggestion of attack upon me
personally or suppose that g. would prevent mo
from dschargiug the duty Of protecting the inter
ests 7 am retained 10 defend. Yours very truly.
WILLIAM u. GUTHRIE.