The Washington herald., 1908-02-05
lands JARS FACTS
FROM AUDIT SYSTEM
Continued from Page One.

submit to the Government Printing Office
for paper supplied through the Suffolk
Distributing Company.
what did Mr. Raynor have 10 say
about this contract?" was asked by
Chairman Lands.
Not anything"
You did not mention the bid you were
going to maker
He knew l was going 10 bid"
How did he know"
He saw me talking 10 Mr.. Whiting"
Handy testified that Raynor had seen
him qiandy talking with Whiting, so
he must have known he was going to
bid. because Whiting. as every one ought
10 know, is in the paper business.
Handy said RaynoT just happened 20
be there. because he no doubt wanted to
see him. He said that this was on the
night of the 22d
when It Was Organized,
After some questions about when and
how he was notified about the investiga-
ton, Handy was asked when the Suffolk
Distributing Company was organized.
Il think about "a year and half ago"
THAT would be when?'
Il guess it was a year ago In January"
He then testified that be and ''Ar.
Sammis" are the only officers. as they
were at the time Of the concerns or
ganization. Sammis he said, he took In
giving him one share-just because he
was sort Of hanging around the office. lie
said that the capital stock Of the Suffolk
Company is S50,Coo and that he owned
/ IL all He said that Raynor and Root.
vice president and agent respectively, Of
/ The Audit System, nave no stock I'm the
Suffolk Company. He was asked if he
had consulted Raynor before the Suffolk
Company was formed. He said no.
Did you ever consult with Mr. rStuIings
about the matter?7
/ mo, sir
Before sou organized this corporation
I YOU never consulted with any one?"
L hardly knew Mr. StIugs"
He further said he had consulted with
+ no one except tHe mill people" before
/ the organization Of the Sun0lk Company.
As matter OF fact did you not or
sau.ze tle Suffolk Distributing Company
/ for the purpose of bidding on contracts
because OF the fact that those interested
with you IN business way were employed
[
No sir, it had nothing 30 do with H."
Would Have Done Il.
you would have organized the SunoIk
Distributing Company il no one with
whom YOU We're interested In a business
way had ever been interested in con-
tract 10 the Government Printing Omee2"
yes sir; just the same as 1 would have
I H.H. .s.'.s i
. ia some other line OF business"
When il came 10 facts about The Audit
Systems business Handy had little know
ledge. lie said that checks from the Gov
crnmeut Printing once, iu payment for
the work which the System" is sup
posed 90 be doing there. are sent direct
10 New York He did not know how often
they come. RayH0r he said sends them.
When asked about the pay r0il0f the
employees OF tae System in the Govern
mert Printing Office, Handy said be didn't
know much about IT,
What is Mr.. Raynor's saIary2"
II don't know what he draws. T send
him lump check every week for his
people"
What is Mr.. Eaynor's salary bere?"
81 don't know"
You never had any conversation with
Mr. Raynor as 70 the salary he was to
draw"
Il may have had some time ago. but I
don't remember what the conversation
was"
lie said ne knew how much hts own
salary was. 50a0 q year. bat reiterated
that Ae did not know Ray.sa-'e After
some more questioning along this HE
Handy. testified thai ..e IS a director in
The Northampton Cutlery Company He
d'd not know what salary the president
Of that concern gets. he said.
lie said that he did not know how many
assistants Raynor has in this Government
Printing Office work although he sends
Sl.1r0 O. week % take care Of them He
said that the only thing De has 20 do IS
TO furnish the money. He said that ne
does not take any special interest iu
this work. H merely furnishes the
money.
says He Does Not Know.
How much money 20 date have you
secured from the Government Printing
Once on your contract?'
II do not know"
About how much2'
II have not the slightest idea"
You are secretary and treasurer OF
the company"
ives, sir"
You don't know the salary Of any one
connected with the company
81 don't know what it is"
After some more questions on tire same
line, which displayed thoroughly that
Handy did not know anything about his
own COmpany--f0r which ne furnished the
capital, he was asked about the directors
meetings He said that the last meet
ing was held last year but did not know
when. lie admitted that the articles 0f
Incorporation call for an annual meet
ing on the anniversary Of that joyful uc-
cas0n, but did not know when that am
niverssry came
Did you declare a dividend?"
No. sir"
Did YOU have an annual rep0r, o."
NO"
"What-was the object Of the meeting?"
We just got together and talked things
over; that was all.
Nothing said about the net earnings
over the expenses and salaries during the
past year?"
Not that I remember"
You went through the form Of electing
oficers?7
Yes"
Did YOU ever declare a dividend?'
No"
what is the sUrplus?"
About $00o0"
Nothing hut n salary.
Have you ever drawn anything from
the company except your salary"
No, sir"
After testifying thar he was member
Of the Clayton Bros. Manufacturing Com
pany. he declined to tell when he had last
attended a meeting of the directors Of
the ] " Pratt Forlnany