Bisbee daily review., 1905-10-17
news of f1lining, Stocks and f1larkets
ASTOUNDING CONFESSION
 GIVEN GREENE BY TUSTIN
FORMER TREASURER OF C. C. C.
 co. IN MISERABLE LIGHT.

Admits Having Aided With the Raid
 on Greene Companles-lmpliea
 High Finaneiers-Says the Whole
 Attack Was Based on Falsehoods. A dispatch from New York to the Los Angeles Examiner says:
 The astounding confession that per jury and malicious false statements had been employed in raiding the stocks of gold and copper companies, of which Colonel W. c. Greene is pres ident, was made tonight by B. B. Tus- tin, the banker who led the raid.
 Voluntarily and because of i'll health into which he had been worried by the false accusations made againust his former friend and benefactor, MT. Tus- tin, at the New York Athletic club, handed to Col. Greene a signed state ment admitting the falsity of the state ments.
 He also discloses names of the high fipanciers, who, it is said, backed him in his stock market raid. He agreed to take Col Greene's representative to the Mercantile Safe Deposit compa- ny. at No. 120 Broadway. at 10:30 o'clock tomorrow morning and there turn over to him documents proving every statement made by him in the interview tonight.
 These documents will prove fire brands to the financial world. They consist of reports from brokers. show ing the extent to which Greene Cop per and Gold was sold short by omi- nent finapciers, and of reports by min ing engineers, which MT. Tustin be- lieves were false. The short inter- est is said to have suffered a loss of s3.OOO 900.
 Numerous suits for libel and defa- nation of character are expected to follow the publication of these docu- ments. and Colonel Greene refused to make any statements on what they may contain until he gets the docu- ments in his own hands. He was so particular in the matter that in mak- ing public Mir. Tustin's confession he had his representative. H. E. Fansa- haw. exhibit to each newspaper man the original letter. signed by 2fr. Tus tin, to permit comparison with the copv of which the following is one: "Col. W. c. Greene, No "A Broad St,
 New York:
 Referring to my recent conversa- ton with Mir. Borden, your assistant 
 'T wish to sav that through false representations that have been made to me. I feel that you have been xEyr<nrnOnH uyhfnh I and I desire to state that many of the statements made regarding you and the corporations you represent as com ing from me are absolutely without foundation, and unauthorized. all of which I deeply regret.
 Yours very truly.
 "E. B. Tustin."
 This confession from Tustin came 10 Colonel Greene just as the stockhold- CTS had by practically Unanimous vote elected his board of directors. By. inc same vote, James Phillips. Jr., rep Iesentatiye of the Amalgamated Coz per company, and W V. s. Thorne. representing B. H. Hartman, were busted. For the first time since he floated the stock of the company. Col. Greene was left in absolute control of his property.
 NIT. Tustin's representative came 10 Col. Greene's office with request that Tustin be permitted to make a state mert confessing his part in the raid. He offered to make it in the presence of all the stockholders if Colonel Greene insisted
 The copper king was astounded at this message. For six months he has been silent under the most brutal at tacks from Wall street enemies. Tus- tin had branded him as a swindler, seeking to rob widows and orphans by the sale of stocks in mines that did not exist. He had tried to make him out the most monumental fraud that ever came to Wall street. The at- 'nnk had cost Col. Greene over s4,O0O,- coo.
 Unable to locate the source of the false reports. Col. Greene last spring accused Thomas w. Lawson of being their author. His sensational meet ing with Lawson in Boston is now a part of history. Tustin today admit ted that he and not Lawson had circu- lated the false reports about Greene ! Copper as well as Green Gold.
 The new directors to enter the board of the Greene Copper company today were E. N. Foss, H. c. Hurlburt, Thomas P. Wilson, N. A. Woodbury, governor of Vermont; L. B. Baldwin and A. Bleecker Banks.
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