The Sentinel=record., 1911-06-15
HEIkE TELLS
 SUGAR STORY
AT LEAST HE TELLS INVESTIGATE ING COMMITTEE WHAT HE
 DOESN'T KNOW.
Denies That He Was Confidential Agent of 1avemeyer, and Says Government Is Trying to Make
 Him the Goat.

Washington, June 14.--Five lours was spent today by Charles R. Heike, for several years preceding last July 1, the S20,000 secretary of the American Sugar Refining Company, in telling the house sugar Investigating commit tee that he knew nothing about the policies or inner history of the com pany. particularly in the year when H. O. Havemeyer was its president. The witness described his position with tae company as that of stock transfer man, bookkeeper and letter writer
 He ridiculed the idea that he was the confidential agent of President Havemeyer saying he was not big enough a man for that. fife declared the government had picked him out as the mischief maker" in the alleged customs frauds charged to tae Ameri- can Sugar Refining Company simply because it had to have some one to fasten them on.
 The position of stock transfer man was responsible one, however, he gave the committee to understand. For instance, he saii. he had signed enough transfer certificates to stretch fifty-four miles, if these certificates were pinned together.
 The matters the committee tried to find out about, but concerning whiea MT. Heike claimed to know but little were many.
 One of the things was the interest of the American Sugar Refining Com pany in the National Sugar Refining Company.
 He said the former owned S5,000,000 preferred stock in the latter, or It. tie more than nehalf, but he had nc idea of why just little more than one-nalf was purchased. Neither did he know whetaer the American Sugar Refining Company was cognizant of the claim, now under litigation, that s1O .000, ,000 common stock in the Ma tional was in existence at the time 1t purchased the preferred stock.
 Little of the inner history of the Pennsylvania Sugar Refining Company deal was obtained from the witness.
 He admitted the American Sugar Refining Company loaned to Adolph 5egal, through Gustave A. Kissel, of whom Mir. Heike spoke as Segal's agent, $1,250,00O, and that majority of the stock of the Pennsylvania Sugar Refining Company with voting power thereof was given as collateral security.
 He could not remember that the stock was voted as the Pennsylvania refinery was abandoned immediately nor coulI he remember how the deal was closed.
 "The American Sugar Refining Com pany did did net make hnsiness to loan money? inquired Representative Garrett, of Tennessee.
 "They loaned plenty of money, said Mir. Heike.
 "Has the American Sugar Refining Company recently loaned any money?"
 "Yes, to some trust companies Don't you know, as a matter of fact, that the very day this stock was turned over as collateral to the Amer lican sugar Refining Company with the voting power, an arrangement was brought about whereby the Pennsyl- vania company"
 | q don't know anything about that at all" Mir Heike interrupted.
 q know one thing; they made the loan"
 DO you know anything about q suit l filed growing out or dhe liahsaSlioA. persisteI Mir. Garrett. T cant explain positively James NJ. Beck, counsel for the American Sugar Refining Company Itold the committee that the debt was settled. as result of the suit. we loaned s4.25o.oOo and in tn' end we got payment for the loan D, Iretufning our collateral and payini s750.00o.' he declared
 Tt cost us s2.bOo.oOo. That Is new way of receiving payment of debt"
 ] He explained tae s1Soo0o Wal