New-York tribune., 1903-04-20
SAYS AMORY WAS CONFUSED.
III. S. r. Expert Declares He Has Found
Company's Reports All Right.

Il II vreeland and his counsel had no COM
naents to make yesterday the additional state
uerts made on Saturday by Eugene A. PhiIbin
regarding the affairs Of the Metropolitan Street
Railway Company. There intination
from one Of the counsel that Mr.. Philbin's addi-
tionaI statement regarded by them as too
weak 70 deserve notice The next hearing before
Magistrate Barlow the libel charge Of William
" Amory against Mr.. Vreeland will net come
until Wednesday. and in the mean tine de-
velopment In the case is to be expected.
Mr. Vreeland and his counsel waiting i'm
patiently for District Attorney jerome to receive
q report from Arthur W. Teele, accountant
who has been going over the books OF the Metro
politan Street Railway Company in investiga-
ton which has taken more than four weeks. The
company placed its books at the disposal MT
Jerome for the examination after Mr. AInory filed
charges against the company with the District
Attorney, and Mr.. Jerome employed Mr. Teele to
make the investigation 10 determine the truth
falsity OF Mr. Amory's charges.
While Mr. Teele has been conducting his official
examination another examination OF the books has
been made by Stephen Little, al expert accountant
employed by the company. Mr.. Little de-
clared that his examination has demonstrated that
MT kmorv's charges and the recent accuse tioas
made IN statements by Mr.. Phbin are entirely
false. He has assured the officials Of the COM
pauy that Mr.. Teele cannot fail expert ac-
countant. 10 find in the company's books abundant
proofs that Mr.. Amory and Mr. Philbin are In
the wrong
when the books are examined" :" Mr. Little has
said, every alleged discrepancy becomes a plain
and honest BIT Of bookkeeping. which should not
have 10 be explained any person who has ord!-
nary knowledge Of bookkeeping methods"
Nr- Little SAYS that Mir. Amory has appareatly
been confused and has confounded the earnings and
expenses OF the company with the receipts and dis
should know are widely different The bsiPess
OF the company and of the Metropolitan system
have been confused. instead OF being kept sep
arate. he says, and gross cash receipts have been
tions OF motive power several lines work per
formed in year has been paid for in another
year. and this caused more confusion TO those
who did not examine the books in connection with
the reports Mr. Little says
II Mr.. Teee's report is favorable to the com
pany its officials expect Il to be- counsel for
MFR. Freeland probably viii content with
clearing him of the libel charge. They nav seek
20 turn the tables on Mr.. Amory and some of his
associates by making charges Of criminal CO.
spirscy. A threat OF such charges was made early
IN the hearing OF the libel charge. When II was
brought in the nina ton Mr. Arnory
that he had been receiving and sending messages
by cable regarding the advisability Of buying or
selling Metropolitan stock a time when he was
trying 10 start q suit TO have the company placed
the hands Of q receiver. Delaney Nicoll OF
Mr.. vreeland's counsel. declared that he would
lay the messages before Mr.. Jerome a basis for
conspiracy charges.
Mr Jerome is expected return from his SUM-
home at Lakeville. Conn to-day. and il Is be-
lieved that he VIII receive report from Mr. Teele
Metropolitan affairs early in the week.