Los Angeles herald. [microfilm reel] (Los Angeles [Calif.]) 1900-1911, 1906-02-28
MORGAN GAINS
LITTLE LIGHT
WILLIAM NELSON CROMWELL
EvADES HIS QUESTIONS
Revelations Concerning Scheme for
Amerieanlzation of Panama Canal
May Furnish Subject Of In.
teresting Examination
nv Associated Press.


WASHINGTON, Feb. 27.-william
CROMWELL and Senator Morgan meas
ured legal minds all day before the sem
ate committee on iutetoceanic canals
and in a drawn battle adjourned until
tomorrbw. s+ T..
MIR. Morgan pursued the witness re-
lentlessy concerning his relations with
the Panama Canal company and asked
many skillful questions, which were as
slSillfully evaded. ~ y'in-
Arthe close. Of the day Mr,iMorgan
haa Jbrougllk out Ii- sehElne for the
AIriericahizatiof of The Panama Canal
corflpany which spromised to furnish
the5sabject Of iutgir1teresttdhgi eSarlina-
tom .f -fI .-tr.
Mr.. Cromwell said he did not think
the country could be interested in his
private relations as counsel to the new
Panama Canal company. .'E.I.t
"I think it is" said Mr.. Morgan.
You may monopolize the opinion Of
the country, but | don't think you do
replied Mr.. Cromwell, and then. upon
having been asked concerning funds
he had received from the French canal
company, he declined to answer upon
the ground that he would not divulge
professional secrets. Thereupon Mr..
Morgan called for the revised statutes
and read the provision in relation to
protection of witnesses called before
GODREeSSIulldl NOIlllllIletSs IlC dohtNi
the witness If he persisted in his re-
fusal. Mr. Cromwell replied:
Declines to Answer
at is beyond the purview of the COM
mittee TO make this inquiry and l de-
cline to answer"
Mr. Morgan said he reserved the right
to determine the materially of the
question and proceeded with the exam
ination. Reading questions which had
been submitted to him to be propound
ed, Mr.. Morgan called upon the wit
ness to state what had been the gross
sums received from the old or new
Panama Canal company since the pay
ment to j. p. Morgan & Co. of the
money involved in the transfer of the
property to the United States from
syndicates, the republic of Panama or
from any source whatsoever.
II thank you for that question:" said
Mr.. Cromwell. ut involves a period
since the transfer of the property to
the United States.
ST would be obliged to, you if you
would forbear from complimenting me
in public" said Mr.. Morgan.
Mr.. Cromwell said he had not re-
ceived one dollar of the $40, 900, 900 paid
to the new Panama canal company.
but would render his final bill in due
course, and that it would be substan-
lldl anu WOulu De pdlu. lie Sdlu ne ndu
not received from the republic of
Panamala single cent and had received
no benefit, directly or indirectly, from
the sale of property; that he had not
been interested in the securities of
either the old or the new Panama canal
companies. that his whole relation to
the new canal company was that of
counsel, and that his sole compepsa-
ton had been as such. He stated that
H. aNaA .I..l L.
relations of Roger L. Farnum, clerk
in his office.
Refused to Specify Services
Questioned concerning the manner in
which the 100000 had been paid. Mr..
Cromwell said the payments were a
''small matter of $4,000 or $4,000 a
year" and that the payments extended
over several years. Asked what SER
vices he had rendered to earn the $780,
900, Mr.. Cromwell said professional
secrets were involved in the inquiry
and that he should be compelled to de-
cline to reply.
Read that question:" said Mr.. Nor
gan to the stenographer. 81 win get an
answer if / cam
II am unable to specify the services
said Mr. Cromwell. LAS l said, it APP
proximated $4,000 or $4,000 a year. 1
called upon the company for money as
] needed it. My clients are satisfied"
Were the payments for professional
services onlyY' Mr.. Morgan asked.
For professional services, Office ex-
penses and matters connected with
their business. I remember employed
an engineer"
What was his nance" interrupted
the senator.
&c. L. Corthell'
"Corthell Ell? I have been expecting
he would break in here somewhere"
said Mr.. Morgan.
Tells of investments
Continuing his inquiry. Mr. Morgan
asked the witness what money he had
in his control which belongs to the re-
public of Panama. Mr.. Cromwell made
81 detailed statement concerning his ap-
pointmenr as fiscal commissioner for
Panama and the Investment in New
York securities fsabopt 81; 100000 which
was set aside by the Republicans a trust
fund. 20
Mr.. Morgan seeming to question the
81 q ~ ~ ~ - - -