New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1906-05-17
GAVE OFFICIALS STOCK
SAYS RATES IMPROVED.
Coal sfan Tells of Relations solth
p r. R.-Fo0oritisns iShosCfl.

comnenies sn the bituminous region. Three
important witnesses were heard-Georse W.
Creighton, general superintendent Of the Penn
s-y,van,a division OF the Pennsylvania Railroad
company; Robert X Cassatt, son of President
r.aseatt OF the Pennsylvania Railroad and East
EN- manager OF the keystone Coal and Coke
COMPANY. and John NJ Jamison, of Greensburg'
Penn president OF the JamisOn Coal and COKE
Company.
~. creighton said that he held stock in sew
oral coal companies and that the stock had peen
presented 20 him. Mr.. Jamison testified tnat nus
company had given Pennsylvania Railroad ON
Gals stock in his company with the OBJECT "a
obtaining better treatment and facllties "a.
che CORPORATION He also said that ROBERT fl'
c.trn now assistant 20 President Cassatt' had
declined q prefer OF stock, saying that ne pre-
gerred the money. Mr.. Jamison bought the STOCK
hack from him for $1,000.
n K Cassatt told the commission that al d
ssn,o xyfen the Pennsylvania Railroad Company
was suffering from a scarcity OF coaA cars :.
had reIInquished its claim 20 500 cars Oluete&
from the Pressed Steel Car Company ana eilH'
the cars had been purchased oy tne AeSS'ON0
Coal and Coke Company.
Another witness was George W. Clark fe"A-
svlvania Railroad car distributor at Altoona
who told OF having received monthly check for
$50 from Captain Alfred Hicks. mine operator
and said that he did not know why the money
was sent 70 him.
MP. Clark was the first witness, and besides
telling OF receiving the $50 checks SAID that
occasionally he had received orders Cor special
assignments OF cars TO certain companies.
MR.. CAssATT EXAMINED.
RK. Cassatt was then called and asked If
the Keystone company had ever received any
special assignment OF cars from the Pennsyl-
wanna Railroad. He replied in the negative.
The examination continued:
o.-Dur4ng 1902 and 1903 were not frequent orders
pish your company with special cars? A-N No. So SUI
Y lSs We seG1 rec r ro1 mullGie new
c.WeFe those cars taken from the equipment OF
Tania1 Railroad had placed an order With the
Pressed Steel Car Company IoT space tof iT ne OF
ears end the Pennsylvania Rai!roaa ren91l es1s
the space and we made contract with the FtesSeu
S.L4Fas there a scarcity OF cars at that time?
AoIThen why did the Pennsylvania Railroad re-
nquish its claim for those cars s or sTaes s5p
peTs Of coal and we had number OF pIgsnI SUI-
Tsnia's eauipment they were not under construc-
ton Until after the signing OF the conLract PEI"
the Keystone company and the Pressed steel O31
Company.
Mr.. Cassatt was asked TO enumerate the Vari-
Gus coal companies in which he was interested
and he did so, saying that the management OF
each company was practically the same. In the
case of the 8. Latrobe- Connellsville Company, ne
said william A. Patten, J. n. Purviance. Robert
Pitcairn, jr. and others. either now or at one
time connected with the Pennsylvania Railroad.
were interested in the company
STOCK IN MANY MINES.
George w. Creighton. general superintendent
OF the Pennsylvania division of the Pennsylvania
Railroad, was examined about the distribution OF
cars. He said that for a number Of years the
80
panies were regarded as confidential. and a coal
company had no way of determining whether IL
was receiving its proper percentage. Mr..
Creighton said he owned stock in several coal
companies. the shares having been given 70 him
while ne was in charge Of the distribution Of
cars over the division on which the mines are
Among these companies were the following:
Mitchell. Watson & Co. 667 shares; Cochran
Coal Company, $50 shares; Cabot Creek Coal
Company, 80 shares; Commercial Coal Com
pany. 80 shares. Big Bend Coal Company. II
shares; Monterey Coal Company, 40 shares. In
addition he held 200 shares Of the Salisbury Coal
Company stock. which he purchased, according
TO his statement, at half par value
MI Creighton. in regard TO the freight con-
geston IN 1893 following the settlement Of the
strike in the anthracite region. said he found az
necessary practically TO abandon the percentages
basis and distribute the cars among about thirty
OI AOEty companies winch had large contracts TO
MI The Berwind-White company, the Key
stone company and the Jamison company were
among the companies thus favored Asked why
this was DONE Mr.. Creighton said that few OF
the bigger concerns had first choice because they
supplied the more important consumers
STOCK GIVEN; RATES IMPROVED.
John n. JamIson, OF the Jamison Coal and
Coke Company. said that through J. r. McGin-
ley, OF Pittsburg. five hundred shares Of the
stock OF the Jamison company had been offered
90 Robert Pitcairn, now assistant to the presi-
dent OF the Pennsylvania Railroad, who was
formerly connected with the Pittsburg division
Mr. Pitcairn did not want the stock, however
and the witness said he bought It back from
him for $1,000. According to Mr. Jamison, he
was told by Mr.. Mckinley that Mr. Pitcairn
said he preferred the money TO the stock
why was this stock offered 20 Mr.. Pitcairn?'
the witness was asked.
II believe Mr.. Mckinley considered him a good
man 20 have in the company because OF his
railroad connections" replied Mr.. Jamison
The witness asked IL he held any stock
Gn trust. He replied that there were four hun
dred shares IN his name which belonged equally
% Edward Pitcairn, trainmaster OF the Pitts
burg division, and r. L. O'Donnel. general SUI
perintendent OF the Buffalo & Allegheny Valley
division. The stock was given to the men
named. Asked II there were any other railroad
officials who held stock in the company. Mr..
Janaison said George W. Clark, car distributor
at Altoona, Penn, held hundred shares. and
Joseph Boyer, employed in the ofTlee Of A. w.
Gibbs. superintendent Of motive power of the
Pennsylvania Railroad. two hundred
Commissioner Clements asked the witness IL
his motive in giving the stock away was that of
obtaining better treatment and facilities Fror,