The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1904-04-02
.HAWLEY ON
The STAND.
Railroad President Tells Of
Transactions With Sully
and Company.
HE DENIES PARTNERSHIP.
IL DENIES PARTNERSHIP
But Former Secretary Root Pre-
fers to Bring Out His Evi-
dence-Interesting Inquiry.
(RY Associated Press

. . =
NEW YORK, April 1.-The examinar
ton in which Edwin Hawley, president
OF the Iowa Central Railroad and the
Mnnea polis-St, Louis Railroad. and
Frank II. Ray head of several large to-
bacco companies. the alleged partners
of Daniel ]. sully in his cotton opera
tons, were to be questioned, began to-
day before United States Commissioner
Alexander. To ascertain fully whether
or not Hawley and Ray were practically
Sully's partners Is the object OF the
examination. aud Commissioner Alexar-
der was appointed by Judge Holt to act
as a special examiner in the case Re
celvers Henry w. Taft and David h.
Miller procured the order from Judge
Holt of the United States District Court
recurring IIawley ard Ray not only
to appear to-day before the special eN-
aminer, but to take to the examination
room all their books und papers that
would disclose exactly what We're theie
relations to Mr.. Sully. Former Secretary
of War Elihu Root was retained % ques'
tjon Mr.. Hawley and Mr. Ray. ~ tho
onenInp Of the examination Commissioners
Alexander ruled that the examination.
would not partake Of "lugater rro-
ceednE.r Mr.. Hawley was then called.
and his examination was begun py Mr.
root lust at this time Mr.. Sully ell
tered the room and took a seat near the
LAWYERS table. Mr.. Hawley testiileo
that his business relations Wlth oully
and Company began In Decemper lasl
and ended on March 18th. Mr. Hawleys
\ 4 very lar DclOTc
his counsel. Mr. Davis. took eX-
canton to Mr.. Roots line OF eS-
animation. Mr.. Davis declared. now
ever. that his client had nothing to con-
ceol and would answer all Questions
ttouchine upor his relations with SuilS
and Company or Mr., Sully personally;
Mr. Hawley said he kept no special
record OF his cotton operations, re.yns
chiefly on statements he received from
s,,iIy and Company following purchase
or sale.
JOINT TRANSACTIONS.
AT tho request of Mr.. Root. Hawley's
lawyers produced batch of these state
mcnts. They showed that on December
j, 1903, 10000 bales OF cotton were bought
and sold for account of Il. Hawley "
D. j. sully Jointly. On December %, ls'loo
bales bought and sold for same account
There we're also similar transactions on
smaller scale for December Gath and 9th,
and then came number of statements
Of various dates in January. all repre-
sentlng heavy transactions in cotton Tor
account. Mr., Root read from
statement showing that In one particular
Messrs. Hawley and Sully
had divided profit of s90,44O Mr. Root
read from other statements bearing Feo-
ruary dates. In these transactions
purchases or sales ran from
few hundred bales of cotton up
Ia almost 10000 bales. Mr.. Root
next read from a. long slip of paper
statement of cotton transactions bearing
tho names Of Messrs, Hawcy. Sully ana
Ray. He wanted to know whether or not
this paper represented the joint trans
action of tho parties named, hut MT,
Hawley said he did not know. Mr. sully'
It was brought out, used to take his own
share of the profits before sending Nh
TIawley his share. a number OF FONT
three' accounts (Hawley Sully and Ray)
FOR the latter part of February. nearly all
heavy sales, were next read
off by Mr.. Root. Hawley's lawyers had III
court some half n dozen packages con-
tanning the memoranda OF the transac-
lions between Sully & Co, and Messrs,
FIawley ana Ray. Another package was
reported to be missing, Mr.. Hawley said
there were other transactions for Joint
three accounts dated February gath and
9th, something over 10000 bales, which
netted a profit Of $4,000. Mr.. Hlwley
said that he he did NOT take his profit In