New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1905-06-30
TAFT CENSURES WALLACE.
Continued from first page.

when the consequences might be even more en-
barrassing and Injurious to the government.
Under these circumstances. Mr.. Wallace, and
with great personal pain and disappointment
i am bound to say that I consider the public
interests require that you tender your reslgna-
ton at this moment and turn over the records
Of your office 10 the chairman of the commits
sion.
Mr.. VILLAGES COURSE REVIEWED.
In his review Of the incidents leading up to
the resignation, Secretary Taft quotes Mr.. Wal
laee's letters of December 20 1904. and March
10 1905, asking that he be appointed commits
sioner and suggesting the present organization
of the commission, including the appointment of
an executive committee of three members. Mr..
Taft says that Mr.. Wallaces suggestions were
followed out; quotes Mr.. Wallace as expressing
unequivocal approval of all that had been done
under a date late Nay 26. 1905, two days
before the chief engineer last reached the 18TH
mus and twelve days before he determined to
resign. Referring to the statement made by
MI Wallace to the Secretary last Sunday Secre-
tary Taft says, in part
Mr. Wallace then said that a few days before
he sent his cable to the Secretary ne had re-
ceived q cable from prominent business men in
New-York, asking if he would consider an offer
to accept important position in New-Y York
and that ne mao caDle0 III reply that IL was SIM
ply question of terms and conditions, and that
he had requested particulars; that the particu-
lars came, and 1T proved be definite offer
Of position president OF large holding
company, controlling several other CORPORATE tons
with certain stock benefits and other adyan-
tages TO himself, which. with the salary made 1t
equivalent to $4,000 year: that he did NOT
at once accept the offer, but delayed il for few
days in order to cable the Secretary of War
during which the perties increased their pro-
posai between $4,000 and $4,000 year max
ing ii equivalent to 10000 or $65 Geo
Mr.. Wallace stated that the position was an
especially attractive one: that the duties of the
new position were especially agreeable and AZ
forded opportunities to make money through in
vestments, etc: further, that the position was
such good that he did not consider that
while he was severing his connection with the
canal work, he was willing TO make up his an
nual report, and he would, If desired by the gov
ernment continue 10 serve as a commissioner,
but not as chief engineer ia charge of the con-
stfuction work on the isthmus.
INMEDIATE RESIGNATION ASKED
Referring to the suggestion that Mr. Wallace
he permitted 10 retain his membership on the
commission, Secretary Taft said:
Mr. Wallace, further talk is useless II would
be to dicker l cannot dieker such grave
subject have assumed that you had given this
subject the greatest consideration. and you
have approached IL deliberately, and stated to
me your action in set and definite terms. You
have Enthusiastically announced that you purpose
TO accept position so attractive that you could
not possibly afford 10 decline il, and that you
would not henceforth perform any duties for
the government as Inconsistent with serving
your new masters, who require your constant
presence in New-York. and therefore that you