New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1903-12-10
CALLED A FALSEH0OD.
LIVELY TILT At HERRING
Mr. Perhins's admissions as TO
Kno7oIedge of Shipbuilding Stock.

The testimony of George ". Perkins, of J z.
Morgan & Co, completed at a short session
of the shipbuilding hearing yesterday, and then
the hearing suffered another adjournment Of a
week Mr. Perkins did not add much to his
testimony of Tuesday. his examination yester-
day being continued on the old lines but one
admission made by him seemed to be regarded
by counsel as important, That the adnis-
sion that j. p Morgan & Co. knew nothing of
the value of the shipbuiIding stock when the
firm. managers of the steel syndicate. took
SJ.O00,000 of the stock in part payment for the
Bethlehem Steel Company. Mr.. Perkins re-
peated his declaration that J. P Morgan & Co
never took an interest in the organization of the
United States ShipbuiIding Company.
When the session began at IL a. m. yesterday
before Mr. Oliphant. the special examiner in the
office of Guggenheimer, Untermyer & Marshall
in Broad-st- there was bitter wrangle between
Samuel Untermyer. counsel for the bondholders
bringing the suit for a permanent receiver and
w d. Guthrie. counsel for the shiphuflding COM
pany- Mr.. Untermyer made another attempt
to get on the record a letter which j. p Morgan
& Co. received last year from the Paris house
of Morgan Harjes & Co. after Mr.. Perkins sent
to the house in Paris. at Colonel J. ]. McCook's
request the cable message that c. NJ Schwab
and his friends were interested in the new ship
building company and would like to have Nor
gan, Harjes & Co. take cordial view of it
| as consistent 1t was understood by Mr.. Inter
myers questions in trying to have the letter
identified by Mr. Perkins that the letter referred
| TO another message which had been sent to the
Paris house saying that the properties of the
/ shipbuilding company were valuable and that
/ the personnel of the company was good.
/ Mr.. Guthrie said he was willing to have the
! letter marked for identification. pending the de-
/ cision of the court to admitting it in evil
! dence, but he added with emphasis: IF it is
given to the press by Mr.. Uutermyer in the
mean time we shall call the attention of the
! court to the fact
| Il think the attention of the court could we'll
! be called to much that has occurred here re-
/ torted Mr.. UntermyeT Il submit Mr.. Exam
/ iner, that l have endured the dyspepttc conduct
! of the opposing counsel as long as l will"
| in moment both Mr.. Untermyer and Mr.
/ Guthrie were their feet. pale with excite
ment and apparently exceedingly angry Mr.
| Untermyer. speaking to the examiner. declared
/ that Mr. Guthrie had come to the hearing at a
previous date and had given to the press letters
he had written to counsel for the plaintiff.
That is a deliberate falsehood." said Mr.
/ Guthrie.
Yesterday when I referred to the fact that
Mr. Guthrie had given to the press letters only
marked for Identification" Mr.. Untermyer con-
tinued. Il told that my statement was un-
it was correct Now, Mr. Examiner in the in
terest of good order 1 want to register my pro-
test against such behavior"
Mr. Guthrie did no; reply and the examna-
ton of Mr.. Perkins was resumed
Did Mr.. NIcCook call at your office in connec-
ton with shipbuiding matters?" asked Mr..
Untermyer.
Yes. Three or four times answered the
! witness. "On one of those occasions he .sug-
gested communication with the people in Paris,
and sent the cablegram produced yesterday
Q.-when Colonel McCook asked you about
the sending of the cables. did he give you any
reason for wanting the messages sent? Al
don't recall that he did. We simply recon-
mended the securities valuable
/ Odd he say anything about the prop
| critics? Al don't recall that he did. He
/ simply stated that companies were going into
the com bIna ton 1t a very short ConVersa-
tion. told him firm did not enter into
| such enterprises unless We had entire charge of
the whole matter. Ihat was at the hrst inter-
! view. At the second Mr.. McCOok asked me If
could not cable to the Paris house that men like
Charles NJ Schwab. Lewis Nixon and other In
/ fluential men We're interested in the movement
/ and that the properties were very valuable
fold him l would think the matter and
cable later i'm the day If found l could con-
Q-Did Colonel McCook explain why he
/ wanted you to cable as requested? A-No. not
/ that l remember,
Odd Colonel McCook explain that il was
| necessary to get the firms Endorsement in Paris
| TO facilitate the French underwriting? A.-No.
I 1t wasn't necessary that he should have given
me any reason. / knew that his firm gen
eral counsel for the company. / don't recoliect
that he gave any reason. But when he wanted
us 10 speak favorabIy of the enterprise he called
my attention 10 what persons were going into
the concern. They were discussed as gentlemen.
Their resources were not discussed
O-Dtdn't YOU have any discussion as TO the
financial standing OF the persons and concerns IN
the shipbudng company? Ave had a Wit
Continued on Ieuitn Psses