The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1904-03-27
Says Relations Between Hint
and 3sdly Were Only assC Cus-
toner and 3 oker. Isla
DETHR0NED COTTON KING | I 4 ( B Il
HAS PERs s0NAL,5 n C0U.N!SEL1's \! J! /. II
This Lawye p eclares That
Silly and Witness Tell Him II
Amazing Things, II jg, 4 Which u, ], ".
d W Show Tia II awley Was N 'SSs S,
{8.|5 Partner and Jumped p,:y n ,'s5#s5
Resp ponsibilit ;g.if;SS1
\ Associated d Fress.1

Y4(Byt8ASSOClaIeQS86t
NEW York, March a8.--.D DNani.el q Sc 5s5
sully, the failed cotton sl,eculat said1s lis
to..day that, acting on the advtne of faa aIIHS
friend. he had secured spertlo nal counselsj II
~ yShom the pro prosecution of Ia suit against3s
Edwin IIawley could II It be in any Sssnsasla
sdstasteful..l @ M
81 John r, DOS Passos Is the SnttorneySse
ec:ted by!s sully. Ed win IIasvley isa
president Of the owa G en- trnl and Minne.s
apolls and ST. II Louis r and ts \
one OF the sts who Ee n aInesS have E
/ been men toned recently as the backersl4S
of the Sully bull campa Ign II suily
gave out a formal staten ent8 settlng siorsn
his reasons for securing personal co.,n;;s
sol. Mr.. Haw1ey also rave out a state s
sn,ent, In which she 5decla red hat no arela Sss
8tlons existed between himself and VI A1r.i y
&sully's firm other then those q of Gus AN Am
ttomersand broker f3 VI
# Sully's Staternen sse "
$ Mr. sully,s : staten ant reads Al 81 folloWsfa,
sltss@, Previous to my sus ion. Gu tchsl
$eon, . fS Hornblo over, Byrne, llerlya and
potter. d .nt $vario o,,aEt times since hnd s
cen doing business sifs sN ewS
Fforglne In several gal mat ters@ know
that nd his Ia e
When I suspend ed III consult ted Wit NJ MI
L fCutcheon. He had N knowled dge q ha ME-
time f#anys possible conf ctf be tween $tfla9
Of Mi. IIawle nd Ss myself
When 4 1t appeared that 81 tn ere Sniig ghtf beS$
fsuch coEfllc feg asked to be $Srelea sel In
from ting for firm and i
Insisted on his remaining al a Q ur lega alE
adviser, and after consul ing his pa art..s.S
3ners. and In view OF the exig ncies OF my
situation, he cnsented to do so. Neither
he nor his firm have i ever acted for ~
Mr.. Hawley ir connection with any ots
tho matters over which q conflict ma VI
arise, nor been under any general re-its
tainer by Mr.. Hawley or his interestssl
and there was no reason why they
should not act for me. 3si5ss sss
am perfectly satisf fled that their eIl;st
tire action ha 81 been wi ths a view 5sol0lyi!!S NJ
Ito the interests OF mysef Il and my firllfs;
$ard my credit tors. NJ
s. "a friend whose advice ~ feel @tt wise III
to accept has, however suggest ed that . ii
employ in add ltion to- HornIblo over. y Byrness 81
Miller and Gutcheon, other personal $cour-ss5
sol to whom the prosecution Of g suit II
against Mr.. Hawleys could not be- In any Stts
sense distasteful.. s5 83 3ss
Hawley's Statement. M
sss Mr. IIawleyis statement IS as foil llowst;
s'.No relations existed between NJ Sui
OF customer and broker. Tho cot ton held n
for my account by tbs firm, whic had SsS
originally purchased It, was disposed Sof AZ
sby8 my direction through that firm sas&& &&s$
E a business transaction wi tllout an y 6co
lateral condition or sldera ton Nv hat-alH
ever. Tile account was, there fore, ar-$s
$justed. uquidated and q osed Ssout sex-
ercised my Judgment as /. tos & the sale PRES
Ecisely as r. had done as to the pur hase.
Any suggestion to the contrary is " MS
out fountlntion&of Of fact. 8ts make this 8s
statement with reluctnnce, md OIL "a 40 d;
tho suggestion of some friends 9 f2 min ls2 N
who have urged me, this instance tn IA
depart from the course Of silence and isi
Indifference wltbswhich { should &ot 9 ther-s sss
wise have treated the publlc Ito W.
a brief statement was made by 34 N ~
Frank II, Ray, In which ha said 4. tla Z SSS S83
Mr. Tlawlsy's statement applied also q "a n
+ his, Rays cas- s. wv
What Counsel Says. ~
John r. Dos Pnssos. who has been u u
retained for tile firm of Daniel ]. sully3ls
and Company, gave out the following s4
{statementsthis afternoon: III 'i5$ Jl u
az have had several hours conyersa ton 45
with Mr. Snlly and Witnesses and 8I y
confess to hsing perfectly amazed at.the ~
sully II the facts which he and his NJ s
tnesses have Impaired to us are corr sss
was entirely tlinnece ssar'y, Il and ihrougtl tl8E
about by N direct breach Of asre'sment Vi
between himself and Alessrs Hnwl ley and i$5
Ray, According to the evidence preset't-es
ed they We're partners In fact and
law aud were consequently as much I'M lgS
aterested as Mr.. sullyl In protecting me
tiutercsts which they were carrying ta- gS g5S
sgetlh,r. Al Mr.. sully claims, instead d8ne @ sd
advancing the money, Which hey a greed h
10. they shuffled of and eyadea 7 heir 5ss 5Sss
re ssponsbility by ambiguous res pom es S,li-
8tll 1T was too late for Mr., sllly 70 ~. s
ssist the tide which swept throug h tlAaH
cotton market and temporarily ensulfed
IL. Mr.. sully. acting under our advice, n
u has placed himself In close connection 81
with his creditors, and proposes 20 COZ lsssS.
operate with them IN compelling Iiawtsy%s % ~,
and and Ray to pSy all money whtsh they
are liabls for under the circunlst apcess MI
disclosed to ,is Mr. Sully doas not ask SSs
for any din,nution In any Ind debteane hi
which he is responsible for; IN faeS. "
a. willh,g to assume liabilities which, We "
have advised him he is not hound 20 msat t'g
vVe hope that the creditors VIII ma So
some reasonable arrangament with Mr,Sssss
sully- and restore him, 10 position
where he can act VII hour a Load upon hls, Sss
sho,ilders.S s,ich as created BY pFocssN*t A