Twice-a-week plain dealer. (Cresco, Howard County, Iowa) 1895-1913, 1907-10-18

L
carried on the Metropolitan books as
assets. Counsel WINS had in his pos
session a check for $965,GO7, which the
Metropolitan company had given to
Brady. ostensibly in payment for
franchise for a Wall and Cortlandt
street ferries railway, Notwithstanding
that Brady testified that he received
only $250000 for that franchise. Brady
admitted that the larger check was
sent to him with separate memoran-
dun directing him to write his personal
checks so as to divide the $715.GO7 bal
ancc between Messrs. Ryan, Whitney.
Widener. Dolan and Elkins. On the
same day Mr.. WINS traced directly
into the hands of Thomas +. Ryan
checks to the amount of $4,000 for
which Ryan had never accounted.
These checks are Endorsed in Ryan's
own handwriting II. Fl. Vreeland.
president of the company, was shown
to have drawn 100000 above his sal
airy in the last ten years, of which more
than $4,000 was not accounted for at
ALL
The three Philadelphia parties to the
deal. Widener, Dolan and r. Z. Bow
err representing the Elkins estate, gave
out IL statement intended to explain
their share in the profits of the trans
action. This is that the Identical pay
ments represented in the Brady checks
constituted the repayments of loans
made to William G. Whitney. with in
terest. The curious feature of this
explanation. however, which has at
tracted attention. is the similarity Of
the amount and the similarity of the
explanation. AS Mr. Whitney is dead
no one is able to say whether his share
is also for loan which he had made
to himself
Another sensational point brought
out in the Metropolitan investigation
was the discovery that Thomas f.
Ryan had contributed $4,000 toward
the expenses of the National Civic
federation committee which went to
Europe to study the problem Of mu-
nicipal ownership and which recently
reported in favor of legaliZed monop-
oily. Counsel WINS has in his possession
three checks to the order of August
Belmont for $4,000 each. drawn by the
Metropolitan company ard used by
Belmont to pay the expenses of the
committee In his letter calling for
the last $1,000 Mr.. Belmont said. 1.-THE
work. as far as understand it, is
very satisfactory"
al r,,,.x
In the course of the Standard Oil
herring before Referee Ferris at New
York Government Counsel Kellogg
brought TO light the fact loans ag
gregating $32.IG1. 760 were made last
year by the Standard Oil Company of
New York to outside interests. but
which Vice President Tilford Of the
oil trust could not remember about.
The evidence of these loans was found
in last years balance sheet, which was
produced in court When asked direct
ly what this account meant TilfOrd re.
piled bluntly. Il do not know" or 81
cannot recall" To secure this infor
nation the treasurer of the company
W. G. Rockefeller. son of William
the brother Of John. was subpoenaed
1t was thought that pos:ahi. ,!leae vas
loans which officials of the Standard
could not explain might conceal the
purchase of ostensible rivals.
On Il preceding day the spectacle was
presented Of the head of an oil com
pany reputed to be Il competitor of the
Standard, the New York Lubricating
OIL company. refusing on cross exam
ipation to put in the hands of the
Standard counsel the private papers
and original contracts of the firm. He
said he would not thus put in jeopardy
information which could be used
against his concern. The fact was
brought out here that all the big rail.