Arizona republican., 1906-06-11
Denies Any Interest in Goal Companies Du-
 ring His Presidency
He Further Denies Having Extended any Special Prvi leges to Any Coal Company, and Enumerates the Enterprises With Which He Has Been Connected

Philadelphia, June 10.-The special investigating committee appointed by the board of directors of the JPennsyl- vania system tonight made public the answers of President Cassatt to the questions propounded by the committee in one of it's circulars sent to all off cials and thousands of employees of the various lines.
 MT. Cassatt, in reply to a query as to whether he has any interest in any coal company or other enterprise To- cated on the company line since Janu- ary l, 1900, says;
 'I do not at present own any stock in any coal company whose mines are located on, or whose coal is shipped over lines of the Pennsylvania system Until the 3lst of December last owned 16O of the 4,O0O shares of the Nell wood Coal and Coke company (par S5) a stock which I subscribed for when the company was formed, about 1872 and paid for at the subscription price which. to the best of my recollection was par. There was no market for this stock, as it only paid dividends at irregular intervals, but last fall an of- fer was made for all the stock by the owners of the adjoining land and my | stock was sold with the rest. l T own 333 of the 8, 900 shares of the l common stock of the Union Switch and i Signal company Cpar S5O), which I ] purchased about 1884 at the market price. which as nearly as I can recol- lect. was $25 per share.
 'I own forty-five of the 2.5OO shares of stock of the United States Metallic i Packing company (par S100). which l ] bought about 1886 at the then market price, which I think was about s50 per share.
 T own 2.296 of the I6S,OOO shares of the preferred stock of the Pennsylvania Steel company Cpar slO0).
 ''I own 2,000 of the 5O,0OO shares of
 the stock of the Cambria Steel com
 pany Cpar $5O). which I purchased al
 a cost Of s per share on the second
 day of May. 1906. These shares re- ' placed 1,600 shares of other stock ot
 the said company, all of which wer,
 bought by me after the Pennsylvania
 company had acquired a majority O. the shares of the Cambria Steel com
 pany, but which l had subsequentll
 soId.'
 MT. Cassatt said he had not per.
 formed any duties in connection witt the distribution or allotment of car Or furnishing of sidings. equipment , motive power, dockage or other accom- ! HlOudlloItS IOE any or lne COmpanie
 named. MT. Cassatt says he had neve
 received any commission. compensa tion or gift of any kind from any ship per on the Pennsylvania lines or an
 of the five companies he mentions il his first answer.
 After concluding his answers, Presi - dent Cassatt makes the followin z statement to the special committee: 'I never owned or had any interest i
 the stocks of the Keystone Coal an Coke company or the Henrietta Goa
 company, nor have I had any interes . in the firm of Cassatt & Go. - T never owned any stock of tn 7 Berwind- White Coal Mining compan IL while an officer of the PennsyIvani
 Railroad company, either during m :, former connection with the compan, z which terminated by my resignatio ' of the vice presidency in the fall ( 7 1882, or since l became president . 1889; but when. in 1886. Mr. Charle . J. Berwind. then head of the partner
 ship of BerWind- White compan- . formed the present Berwind- Whit = Coal Mining company. to take over Il