The Providence news. (Providence [R.I.]) 1891-1906, 1903-12-19
SET ASIDE
100000
FOR PRESS
C. B. Alexander Refused to
Answ,r Many Qlsstions in
tho ShIpbuiIding H,arlng.

New York, Dec. 1s.-The hearing in the
action OF the first mortgage bondholders
TO make permanent the appointment of
q receiver for the United States Ship
buildin gcompany was continued yester-
day In the rooms OF the board of trade
and transportation before Special Ex-
aminer Henry d. Oliphant.
The first witness was Charles B. alex
ander Of the law firm of Alexander &
Green. counsel for John w. Young, who
yesterday refused to answer important
questions.
A ietter. dated July II. 1902. In which
Mr.. Alexander acknowledged receipt OF
a letter from "Repubhcus' CMr. Dress
err. was shown TO the witness, but he
refused TO Identify II. claiming privilege
as confidential matter
Mr. Alexander did not remember who
II was had asked him to become an
underwater for lne first shipyards con-
solidation. The witness had undertaken
this underwriting upon knowledge as to
the value OF the various shlpyards gotten
from personal visits 10 the Newport
News plant and the plant OF the Union
Iron works, but admitted that this
knowledge was not absolutely thorough,
said he: "It was accidental knowledge.
ruthered during my travels and not born
from minute investigation of details
witness at times pleaded privilege
when asked about his knowledge of the
value OF the United States Shipbuilding
plants. He declined TO say what In
formation he had received about these
plants while he was In Paris, but later
said he had received no Information
about them except that given 10 him by
John W. Young.
TO SUBSIDIZE PRESS.
The witness was asked " IL was not
true that he had been engaged I'm getting
subscriptions 10 the Shipbuilding bonus
while I'm Paris. and evaded direct an
swer by saying that his primary reason
for being IN Paris was an attempt 10 col
lect debt and not an attempt to hoat
The witness admitted that the amount
paid I'm by the French underwriters In
the 100000 pledged was less than $4,000.
He admitted also that he had threatened
20 bring suits 10 enforce payment on the
total pledges and had spoken upon the
subject 20 Messrs. Calvet- ROgniat
echreyer and Sourds. who we're among
the prominent French underwriters. NJ.
Calvet- Rogniat had subscribed for ST.
10000. the witness thought. The part
which the Oppenheim banking house had
PLAYED I'm the French underwriting was
10 assist I'm the securing Of subscriptions
When recess was taken. az o'clock. Mr..
Alexander begged TO be informed az 20
how much longer his examination would
last
III will depend Mr. Alexander. upon
how rpnv explanations and qualifications
you courle with your answers" replied
Mr.. Tnferrreyer.
In che afternoon 'he tesfi-,onv hrouvht
out showed that Mr. AleVandcr had been
verv active w fhe aftemrt 90 enforce the
r~e~~h tIrFerwrffi~gs
.sr,gs Won ~of aN,-'se NJ young 'ha, he
must - ~ r,aron Do~-,f~r eaf humble uio
ara .~~te ne rea~e ~ifh ii--7''
NJ sie~ar,Se~ Ne~ii~o1 - ars~sor
md ,~r r,os cable fN~ Tr,'s' cn-1ran nv
~ fhe pe~s,NWc % rr@te c,n on che
rren~h n~Se--~~ife-- fo~ 81 uer ca0t Of
fhe arnoo-t ~ .rei~ ,fv,Se-srrt+in~s7'
Mr. tre~anfer against do~i'~eS 20 ar-
sve~ but ~aiS fhef svch csr haS Ncsr
r-ese rre aS--fssaf fh~s 30 hod foid 'hs
O-~e~tet--s fr.er~h r~Serwrifers,f fNa'
tsNsd he,rd ffat Y y Norr"r - co h7d
f-ten some 80 the gr',hi,iidire sec''ri.
fi>~ ~ which the Onnenhei-ns wers
'sr~a NV e~~fted" n w.s hrcueht ou'
fhes Z, ,On ~ worth of shir',fiiiN'ne 80
eurffies haf h~en 49, $3.50 for The pur-
Pose ~ subridixne the French press.