The Marlboro democrat. [volume] (Bennettsville, S.C.) 1882-1908, 1904-01-01
\ Mr.. Morgan had ken some OF the
ShipbuI lding bonds, and that greatly:
excited them that is, 1t encouraged

them 5SsS
9 assisted you In getting nnaers
Writings - Veil tflleY knew the
Morgans. =; a. .:ss
hat promise was made to the
french press incregard to the under
writings? "a. i don't t know.
SIS q 20 yolE know for what the
!! sS!treneh pressswas to get s2O0, 900 of
!tnese b0uuds? a. i !. did hear that.
4 there had been IA ittance made for
press purposes, but for what purpose
I do not know.
( @. Did you ever learE that the
securities Of the United States Ship
building Company we're quoted in New
York. at a premium? a. sI3 decline to
answer on the ground that 1t was
privileged g. 81
@. How was it privileged? "a. II
learned it in q privilege way.
@. Is 1t not fact that such inewsn
was sent to and published In the Paris
edition OF a New Y York paper? a. il
decline to answer. K
@. Do:yOu remember Baron Rogniat
coming to you and saying he had been
ITO see Harjes with a man who spoke
English, and that Harjes bold him
there were no actual quotations in
New York forethe Shipbuilding bust
nessp a.. Yes, that was about j uly %.
Is Q. And about July 80 tlley began
to talk well-about it? a. 1 think 1t
was said that those who went there
we're treated In pleasant manner.
Q. Mr.. Harjes showed you cable
he received from New York about
July. 80? a. He sent me cable.
The cablegram sent by Morgan &
Company on July %, bespeaking cor
dial terms for the Shipbuilding bust.
ness was shown to the witness who
said it was the cable young Harjes
had shown him.
@. Didn't Harjes tell you he had
ibeen prejudiced against the whole
affair by Young, knowing Young as he
did. he thought the whole business
bad, and didn't you In reply say you
had not introduced Young, that he
was mere promoter such as Mr.. Nor
gan constantly used in New York,
and that Rogniat told you he would
pay the entire call? A. He,d did say
he would pay the entire call. | don't
recall that said Mr.. Young was such
a promoter as'y0q name.
These questions by Mr.. Untermyer
proved to be based>on suppressed let
ters and cablegrams between New
York and Paris. Mr. AGuthrie OBJ
jected to this method of getting these
matters before the public.
@. Did you say to Mr.. HarjeSN thai
you knew Young had made an ass 8,
himself-you didn't say that in the
presence of Mr.. Young, did you? A.
don't remember.
! 6. Didn't you say TO Baron Open
helm that you could get even worse
report OF. the Shipbuilding Company
than Seligman had given if they
would ask the Huntington Shipyards
and other people angry at being lef,
out what they thought about it? a
may have said that, but do not re
member to whom. l may have sale
1t to Oppcnheim.
ovERTUREs TO ITALIANS.
Q. Did you know Alexander Odero:
a. Yes he represented group O
Italian underwriters.
@. Did Odero ask you to explar
the Republicus" telegram, saying
the whole matter was a success, ant
did you tell him what success meant
according to- the New York theory.
A. j don't remember.
y Q. Do you recall an interview will
n shre9or, gSr.,-in -~1alch you told hin
q that the entire millIou dollars OF III
sons underwriting ought to be paid
and you said that last week you hat
people who would have taken up hi
underwriting, but you had allowed
him to remain because of his higl
character and positive statements
, AT that time did you have a pei of ~
persons ready to take millit,a ion
derwritilE? A. The inforreged
have on that subject is privibelleyin,
y! - - - to get til,
-1ad no definit
Y 4 q sSVer.