The sun. [volume] (New York [N.Y.]) 1833-1916, 1903-04-18
CRIMMINS SAID KEEP OUT"
AND PHILBIN WENT ~ WITH
METROPOLITAN RAIDERS.
Game Played On in wall street Yesterday
while Amory's Own Expert was Telling
That Had He Seen the Cempaay's
Books He'd Have Made Different Ne.
bin-Crimn,ins letter.
land shows Att ack 70 he Basciess.

Books He'd Have Made Different Ne
Phiibin-C rimnins 'Lettevt-vrse.
land shows Attack 20 he Basciess.
While the bears were raiding Metropolitan
Street Railway stocks In Wall Street yea
terday, al President Vreeland many weeks
ago said that william ~ Amory and HE
lay and professional associates had planned.
more interesting testimony about Amory
and his great revelations was being adduced
in Amory's libel suit against Mr.. vreeland.
at the hearing before Magistrate Barlow.
It was shown especially that, had Amory
or any OF his outfit made any attempt 10
compare the books OF the company with
tbs company's reports to the State Railroad
Commissioners. in which Amory saye he
discovered that the company had been
robbed OF millions. II would have boon
found that the corporation instead OF
having a deficit OF more than SIS 100000
as he alleges really has surplus Of u. 900 600.
This testimony was given by Max Teich-
mann. the expert accountant OF Baltimore.
whom Talbot j. Taylor, son-in-law OF
James R. Keene, hired for the express pur-
pose OF verifying Amory's deductions.
Teichmann made a report 10 Taylor. which
showed that the company had deficit Of
BIS .sTt, $3.50. but he then stated explicitly
that his finding must be regarded as only
tentative and could not he established with
out an examination OF the company's books.
Apparently, Amory. Taylor and the rest
didn't want TO have anything to do with
the company's books.
Another interesting feature Of yesterdays
hearing was certain documentary evidence
concerning Eugene A. Philbin. whom Presi-
dent Roosevelt, when Governor OF New
Nprk mazda niat riot Attnrnay
Mr.. Philbin: on Thursday, permitted TO be
printed in the newspapers copies OF his
report on Amory's charges. which report
he had aires dy sent to the Metropolitan
company with a request for an explana-
ton OF the alleged irregularities. The
aid on Metropolitan stock yesterday In
attributed almost entirely to the publlca.
ton OF Philbin's report, before officers OF ,
the company had time even to examine
il. TO say nothing OF replying to II,
MORE ABOUT PHILBrN
At the opening Of the hearing Mr.. Niooll
called for the production Of the correspond
ence between Mr.. Philbin and John d.
Crimmins in reference 10 the Amory dis
coveries.' Philbin produced two letters.
and Mr.. Nicoll offered both in evidence
Mr. Philbin first wrote to Mr.. Crimmtns
from Lakewood on Feb. l, 1908, as follows
DEAR Mr. CRIMMISs l. came down here
| Friday 10 stay until "Wednesday morptnG.
yesterday J. was tri'puou'I WV W
y @ss OF ssd he sSntsd nrS
pe.n %R.f%, s.ss & ia ss
| the greatest public interest. HIS representa-
e her, .aS "a :s. ~ ss
OF the case Mr., - il to see me wednse..
das at my saics. 1t is not " =. klns. ard
70 e tSe aS oSsrsrowdins asltstion, u nay s.
soinethins that shects the charter OF ths
Wv want to AK = 70. ar; ,ns.{:... ss Il
sny.hip 1isSsq So e bs :SsSIs s
auire, no matter what the cons.ousnces
fo4tane W. Would be my reward ~. .SYsh sss
be neGssssry for me 70 say thst would R:v sr
your interests and nothing could compensate
e &. Tsa,s
strictly confidential. even the gentleman
who communicated with me,
riyins great benefit from your soiourn. With
""' >''''''' EUGENE K PHiLsrx
| CRIMAnNs SAID KEEP OUT
| To Mr.. Philbin Mr.. Crimmins replied
from Charleston, 8. c.. under date OF Fob.
Is. as follows:
DEAR Mr. PHILsIN: Met Mr.; A, Isnp-
| lutely in power. besides being bankers, al
ROOT Root s ststson yo inc and ek-Judse brown:
and Whitney, being an able lawyer. have
%W p Bookfee ping re- ports are cSnfusins and.
| 10 novice. intricate and beyond understand
Stookholders can examine books--a re-
holders win give you all the opportunity
&c aa' C sSSRa Possibly "H Ssis
how they Dsyn eIpsndsd hs money he aS
does not require them to an s; The az
Sss you ~a no SRIy f. sca
object to yoqr reSOye,ns from the cSmps1
o nSt aoi H % cours ascertan With much more
9seh oy fse wC%d sos
TSy GSqld not eHpes IN A%1 mo IN. %9 I've
come by purchasing silence and that nay
"'"' " NV JOIN b. cnrx.nss.
After receiving this letter Mr.. PhiIbin.
nevertheless, accepted Amory's retainsr.
! rKIcHAANN DIDN'T GIVE OUT THE RxPo1f
Following the reading Of the lettem
Teichmann took the stand. He sald be
| first met Amory last July in the oiacs Of
| Talbot j. Taylor h Co., and from him got
| the companys reports to the Railroad
| Commission and copies Of other papers
and documents relating TO the company.
Q. Were you asked TO examine these docu-
| msntsi Al was. Mr.. Taylor. for whom
was doing work at the time, telegraphed TO
| me inauiring what would charge 70 make
an examination. He didn't say OF Whist,
| ] replied that my fees were IS an hour and
| expenses lie told me TO come on. Whoo
| got here he told me charges had been mads
against the Metropolitan. that he wa man
| cfally interested and he wanted me 70 md out
| II the charges were true. j worked Tour
| weeks. about, doing the work In MIR. Tsylos's
| once.
| you make7 A. There was the original and
| four copies One went TO Mr., Hertls. one TO
| Mr.. Amory, two to Mr.. Taylor and kept
| one, which still have.
O Did you sc that the World Of March u
| contained q reference TO your reportf 4. I
"a. ooo. 900 ASSETS LEFT OUT OF CONSIDERATION
| Q. In thst report on your eTsmtnats9n
oVeryalued its ass n, omitted Q number OF
| liabilities, paid dividends not earned, dls-
| POSED OF part Of its stocks and bonds without
| consideration. shows such receipts and DIS
| burscments which do not agree with other
| stateme nts and made conflicting ststeuents.
claiming 70 have q surplus on Syne ieoo.
Deed asset by tis.o7l SIS 10. q dihsrsnos Sf
report: and .tatsm.nts IN such 9 stats e e
neoesssry Now, then. did you CHARGE up
ths dehta NJ essar oom nanieaf "A Xsa