New-York tribune., 1910-09-24

ARCHIE !
! he bought a small block simply on the
tip which went through the House OF
/ Commons that il was a good buy.
Strangely enough, it turned out to be
a ..goodby" to his money-at least II
seemed so-when after he had purchased
at liz the stock steadily went down
But on meeting J. ". Cunningham one
day he told him that if the stock ever
reached %" again his account Should
be closed out at that figure
Subsequently, it appeared, the STOCK
did reach g." but Mr.. Cunningham for
got. TO close him out at that figure. HIS
fellow townsman, G. Tracy Rogers
iumped into that breach, too, and toIo
hin, that his account would be closed
ON as at that figure, which was later
done. and his loss" was reduced 10 the
minimum
Mr. Rogers. it appeared, had not been
so lucky in his Trans" speculation as
| Mr.. Aids, for, according to the former
Senator from Norwich, his Trans &C
count was sold out at Il, bringing MIN
e 400 for his hundred shares, even
though the market price had been down
as low as 4 or lower at the time the sale
was made.
Ex-senator Aids repeated the twice
told tale Of his dealings in trans
mentioning the tip which circulated
mvs+eriousIv through the House OF
Commons" and the subsequent buying
order which several of the members sent
through Frank Julian Price. then q
merober of the Assembly, TO his father'
Colonel Price. of Brooklyn
AS appeared in the Allds-Conger trlaI
and in the Hotchkiss investigation,
Frank Julian Price, who is now an as
sistant Corporation Counsel, gave an Or
der for a block of Trans" to his father
and some of the legislators who bought
their stock at that time, in I5Ol' de-
posited it with the EllingWood & Gun
uingham firm later.
Aids S1,4oo or Trans"
Mr. Aids followed this method, and
as he testified yesterday, was gratiheo
Of his good fortune when the firm later
notified him that it had credited his ac-
count with 81, 400 from I. f. GoodseI.
He was not surprised TO see the credit
ae from [. F. Goodsell, he said; in fact,
he didn't even ask Senator Goodsen
about II the next time he saw him. and
ba naver knew or noticed at that time
that there was a bill going through the
legislature extending the rights Of the
New York Transportation Company
e.T+,s all in the record of the Senate
Investigation. any way" said Mr.. Allds'
NTH the air of one who was bored by
the repetition
Colonel Archie E. Baxter, clerk OF
the Assembly from 1895 to 1907. also
took a little whirl at Trans" though
his recollection of his dealings IN the
popular legislative commodity didnt
quite agree with the records Of the Ell
linCwood & Cunningham books.
According TO the written records
colonel Archie bought two hundred
Trans on May s, 1901, but his own
recollection was that he had bought one
hundred shares several months previous
n that and another hundred shares a
little later.
However. Judge Bruce had more i'm
portant questions for the former clerk
Of the Assembly. They were based on
certain letters found in the records Of
the ElIingwood & Cunningham firm.
Baxter Authorized No One.
one was a sentence in letter sent by
Nr Cunningham to Colonel Baxter,
which ran, I'VE will keep you advised of
anv trades made for your account by G.
Tracy Rogers" and Colonel Baxter was
vehement in his assertion that neither
Rogers nor any one else was ever au-
tborized to make any trades for him.
mo one. neither Rogers nor any one
alee " said the colonel ever was author
izad m make any trades for me. No one
ever mt ND a dollar, nor ten cents. nor
ona cent. for me in any such way"
After the colonel had registered his
most positive denial 10 any such ar
ranpement Judge Bruce proceeded to
read from another letter. this one a mes
sage from Cunningham TO Rogers in
which appeared the sentences: "A. e. B.
has only / per cent on 100 shares S. p.
We suggest that you send your personal
check for $4,000 for his account" The