New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1907-02-27

An attack on Stuyvesant Fish, who was oustcd
recently from the presidency of the Illinois
Central Railroad q striking feature OF Ed
ward H. Harrimans testimony before the In
terstate Commerce Commission yesterday. This
part II Mr. Harriman's testimony was entirely
voluntary. although some excuse for 1t was
given by questions put by Frank p. kellogg, Of
counsel for the government. and by Commis-
sorer Lane NJ Hartman seemed to be bent
on making i appear that Mr.. Fish had been
turned out OF the presidency Of the Illinois
Central not because Of his attitude toward the
kousecleaning in the Mutual Life Insurance
Company but because OF his use Of the funds of
the railroad company.
Mr.. Hartman asserted that in the spring of
1908 Mr.. Fish deposited more than 100000
with the Trust Company OF tho Republic, the
company which was wrecked later in floating the
United States shipbuilGing Company. and that
when the secretary Of the Illinois Central tried
TO withdraw the money he was told that such
q step would force the trust company into bank
ruptcy. Mr.. Fish subsequently lent another
large sum to the trust company, Mr. Hartman
said, ITO pad the accounts" Of the trust COM
pany Again, in 1901 Mr.. Hartman asserted.
Mr.. Fish lent 10 the trust compaay's successor.
the Commonwealth Trust Company, sums to
pad the statements
In The summer of 1903. Mr.. Hartman saG
Mr.. Fish loaned himself large sum OF money.
and the directors OF the Illinois Central wanteI
then 10 depose Mr. Fish.
Il nterfered in the interests ot 1ir. Fish
said Mr. Hartman, loaned him 81 ,200OO0 70
take up his obligations 10 the Illinois Centra',
ana let 1T remain with him for two years, most
Of the principal"
MR.. FISH DECLINES TO REPLY.
stuyvesant Fish would not talk yesterday re-
garding the charges brought against him by Mr..
Hartman. II is understood. however, that he
stands ready 10 explain or deny Mr.. Harriman's
statements rejecting upon his actions. when
president of the Illinois Central Railway. A
statement is in the course Of preparation, but
will not be given out until Mr.. Hartman has
finished his testimony, and Mr. Fish has had
an opportunity Of reading transcript of II.
II brought out yesterday by friends OF
Mr.. Fish that the same course had been pursued
when he borrowed money from the Illinois Cen
trail as was taken when MI Hartman and
Charles A. Peabody had made loans from the
railroad. In every case the loan was carefully
discussed by the other directors and the col
lateral offered carefully examined.
An hour after Mr.. Fish resigned from the
Truesdale investigating committee of the AIu-
tuel Life Insurance Company Mr. Peabody pres
ideut of the Mutual went to the Office Of the HI
nois Central and demanded a memorandum OF
the loans that had been made 10 Mr Fish. He
received il, and list of the loans made TO other
directors of the road was also offered 70 him
Friends OF Mr.. Fish said that the Illinois Cen
trail is and a large lender Of money, and
that the same arrangements were made with the
Trust Company of the Republic as were made
with other trust companies. At the time depos-
its were made with this trust company there was
no question of the solvency OF the trust COM
pany.
JAMES J. HILL SMILES
In his testimony yesterday Mr.. Hartman ex-
pressed an opinion that if the Union Pacific had
obtained control of the Northern Pacific. as 1t