The Cairo bulletin. (Cairo, Ill.) 1???-1928, 1907-10-10
AN ASTOUNDING
FERRY" STORY
BRADY RELATES CONFESSION OF
LOOT TO SHAME lNSUR-
ANcE OFFICIALS.
PARTNER or 7. r. RYAN
Testfies Before Public Service Com
mission in New York--Mys-
terious Checks in company's
Accounts Are Revealed.

New York, Oct 9.-Anthony N
Brady partner OF Thos. II. Ryan, took
the witness stand today before the
public service commission and told
the astounding story of the Wall aad
Cortland street ferries railway deal
The road cost him about 100000
bit when the late VIM. G. Whitney
forced him to sell the franchise he
was paid by the Metropolitan Securi-
ties company s9G5G07.19, Of which, by
private agreement, .s250000 was re.
tanned by Brady to compensate him.
while the balances was divided into
Bradys personal check to the follow.
ing beneficiaries Thomas f. Ryan,
VIM G. Whitney, r. A. B Widener
Thos. Dolan VIM. L. Elkins.
The board Of directors approved the
sale aud the entire sum is still carried
en- the books Of the company as an
asset.
A spelbound audience listened to
this amazing confession of loot which
far transcribed a.sy revelation that
was brought out BY the insurance in
yestigation. Nothing to palliate the
damning facts was offered by Mr.,
Brady. and when Delaney Nicol
sought to place Mr.. Ryan In a better
light by cross-examining the witness
he merely brought the facts out more
clearly.
quarter of million was high
price for the franchise. That and
quarters Of a million more, rep
resenting s715G07 Of pure loot went
from the pockets Of the Metropolitan
stockholders into those of the five1
men named and has never since been
accounted for.
Men versed in the ways of crime
gasped at the details of the Brady
narrative, and then settled back only
to be aroused again and again as
fresh facts concerning the traction
crime were unfolded by succeeding |
witnesses For the ferries railroad |
loot only one of the amazing details |
which Ivins laid bare during the two
hours of the investigation today.
For instance, he traced directly into |
the hands of Thomas F. Ryan this, In |
addition to Ryan's share of the ferries |
Ioet--checks to the amount of $780,
900, for which Mr. Ryan has never
~ urhf nj
in the accounts of the |
company
Incidentally this is the first time in
the investigation of great public
corporation that money for which no
service has been rendered has been
traced directly into the hands of a
captain of industry. WINS holds
checks to the amount of $4,000 down
to the order of Thomas F. Ryan for
purposes that have never been ex-
planned, that are indoIsed on the
back in Ryan's own handwriting.
There turned up today, also, mys-
terious checks drawn to the order of
]. Sergeant Cram. personal friend and
social mentor of Charles F. Murphy,
which remain to be explained.
Cram got 100000 which was al
legged to be for legal services-and
the amount was charged to franchise
aud equipment and carried along on
the books as an asset.
The editor of a defunct afternoon
which was said to have
been. financed by Charles +. Murphy
turned up as owing the Metropolitan
s25. 900 on an unpaid note-also car
ried rs on asset.
These startling revelations came
with such rapidity that the spectators
became dazen. More than million
.ollars of Illegal expenditures-ques-
Iionable. suspicious. unexplained dis
revealed within
two hours.