The Montgomery advertiser., 1903-12-10
PERKINS ON THE STAND
Publication of Testimony
 Cause of Tilt
Guthrie Declares Statement by Un- termeyer to be "Aimost Inde- cent" and Latter Makes
 . Heated Reply.

| New York. Dec a--A sharp tit be- tween counsel eniivened the opening Of the United States shipbuIlding bearings l to-day. MT. Guthrie characterized statement by MT. untermeyer as ial-s most indecent" and the latter retorted in warm terms.
 l George w. Perkins. of the firm of !. F. Morgan & Co.,. resumed his testimony. I his presence on the stand renewing the \ interest in the case which had eiighfiy lapsed during the long drawn out testi- ulony of Lewis Nixon. It was expected that Mir. Perkins would be dismissed to- day. Max Pam and c. M. Schwab arc two important witnesses remaining fo be heard, but counsel for the complainant I asked that they would not be reached to- day. Mfr. Pam was present as he has been nearly every day of the hearing. Morgan-Harges Letter. At the opening Mfr. Guthrie restored to the files in the case the copy of the Mor- gan-Harges & Co letter, which he took away with him yesterday thereby prevent ing it's publication and counsel Unter- meyer resumed the examination of this subject. The first question showed that this letter enclosed copy of a letter sent by c. B. Alexander. of Alexander & Green to Morgan. Harges & Co. Over the Identification and admission of this
 
 L. Guthtie for the defense. Mfr. Guthrie repeated his protest against this letter being furnished to the press evotlng a warm reply from Mir. Untermeyer who declared he did not propose to submit to any more "dyspeptic behavior on the part of counsel, said that Mir. Guthrie had himself given out matters unintroduc- ed in testimony for publication and made formal statement before the examiner in regard to MT. Guthrie's protests about publicity.
 "AImost Iudecsnt.D Mir. Guthrie characterised this atate- ment as almost indecenkss and the lie was passed on both sides, ME. Guthrie speaking of 'ideiiberRts falaehaod" Oh tils part of Untermeyer who retorted tn terms equally strong.
 l A copy of the Alexander letter enclosad in the Morgan-Harges & Co. letter was marked for Identification.
 | Mir Perkins was then asked to tell in detaa,l how he came to cable to Paris the message introduced yeste. day referring to the interest of "Mr. Schwab and his friends" in the shipbuilding company He told Of three requests made by Colonel McCook, of Alexander 6 Green, the first time taking that Morgan 6 Co. had ca- bled to the.r Paris house the endorsement of the shipbuilding company. This was refused.
 MT. McCook then asked that the Paris branch bo informed that Messrs. Schwab, Nixon, Dresser and others were interested in the company but properties were vaIxI- able and that the men interested were recommended.
 MT. Perkins consented to send a cabla- gram on July 90 to the purport that Mr. Schwab and his friends are interested in the new shipLuilding plans and would be very glad" to have the Paris house sstalga o n fNNA a0t fsua G.. ent."
 Mir. Perkins did not recall that Colonel McCook told him anything of the condi- ton of the French underwriting or why the recommendation was desired. Could Not Recall MT. Perkins vas asked what he knew of the shipbuil1n ng company at the ti-na of the sale of the Bethlehem plant and he replied he knew very little about it but the contract for the sale provided that Morgan & Co. would approve tIfo actual amount of cash advanced for the Bethlehem company. the s5,OO0.O00 stock being taken in lieu of slI profits and in- terests on the investment Morgan G Co. were also, by this contract, to have a legal opinion on the organization of the shipbuilding company.
 But what information did you or Nor gan & Co. have of the value of the stock you were taking in part payment for the value of the pIs nts included in the com hinaton?" Mir Untermeyer asked. Perkins Very Ignorant.
 MT. Perkins replied that he personally had no knowledge on July 30 when the cable was sent. of the plants, their vaIiaea or their earnings and had no concern with the shipbuilding transaction nor did ha on August F. when the sale of Be.hle- hem was closed, have any such knowl- edge. Asked about Messrs. Dresser. Nix on and Pam, MT. Perkins declared he had known them only in general way un to the time of the sale of the Bethlehem plant and that he did not know that Pam was representing Schwab
 Mir. Perkins professed ignorance on many points, stating that the negotiations had been in the hands of Mr Steel
 Messrs. Harris. Gates and co-agreement August H. 1902. that the sale of the Mor- gan and Schwab stock should precede tba sale of the rest was mentioned, but MT. Perkins said he had never seen the ax ee- ment.
 Morgan Knew Nothing.
 J. P. Morgan. he testified knew noth- ing. so witness continued. of the ship building deal during his stay in Europe of the negotiations.
 After number of other professions os ignorance MT. Perkins was turned over tu Mir Guthrie for cross examination.
 Mr. Guthrie asked two questions about the Sheldon syndicate and on MT. Perkins stating his lack of information, the wit ness was excused and the hearing c'osed until Thursday of next week. when Mir. Steele, probably vii be called in for fur. ther information of Morgan 6 Co.'S prop osition in the negotiations.
 Pam Is Summoned.
 Mir. Guthrie asked that Mir. Pam be summoned next on account of a contem- plated absence of three weeks after next wek but Mir. Untermeyer declared. that there were a number of witnesses. includ- ing Mir Schwab. he wished to hear first
 At the close of the he lring the Morgan Hargss letter and enclosure were refused to the press until the court should have passed upon their admissabiilty. Mir. Guthrie's protest against publicity beln0 effective to this extent