New-York tribune., 1911-01-16


'As for the Gardner trial. l am here
end they can subpoena me If they want
me, although have nothing 10 fear IN
that respect"
Why He Returns Now.
'As for my returning at this particular
time, Il was only the fact that Mr.. Sml'h
brought me news of the bank failures
and OF the sensational stories that the
city funds were in danger which brought
me back at this time, And / came just
as fast az a train would bring me when
heard the news l had been beyond
the reach of news or newspapers anu
had expected 10 receive no mall untli
reached Palm Beach on my houseooa''
which would have been at least TWO
weeks hence"
did not Mrs. Hyde bring you news
Of the bank failures
she did not. She knew nothing aoou'
them"
MIR. Hyde, 1t has been ciroums'an-
tially asserted that you attended a oi"-
ner at Dclmonico's with Harry Payne
whitney. James r. Keene and Dave
Mitchell. al which plans were maze 10
raise a corruption fund with when 10
defeat the racetrack legislation. TINS
II seems was brought out in the tesu-
mony Of Robert II. Elder before the leg
hIatiyc investigating committee.
Yes. | have heard all that rot ana
there is not word Of truth in H. l
never met Harry Payne Whitney out
once in nv life. and that was on the
train going 10 Albany 10 connection WIN
the so-caIed racetrack bills. Returning
from Albany on that same train, was
introduced 10 Canon Chase, who had ac-
cepted an invitation 10 return 10 New
York on that train. despite the fact that
IT was called the gamblers tram.
Dave Mitchell ! do not know at all
Keepe I have met a few times, and !
know Schuyler Parsons. but do not
know Gene Wood at all The story Of
tbat dinner was made out Of whole cloth'
20 far as I am concerned in it
Mr.. Hyde. in the statement which
you made at St Augustine you used
this language. apropos Of the bank tali-
ures: Those who have their own ends 70
serve and 1be financial power must de-
eide these questions What did YOU
mean bv that? Did you refer TO indi-
yiduals or 70 corporations?
Refers 70 Source Of Hostility
7 referred 70 individuals. know pre-
cisely what / meant by that statement
and 1 imagine you do, but if you do not
Won will not have 10 make many IN
,,;jrIes 20 find out This is a phase ot
the case ] do not care 70 go into, but l
guess YOU know that you never had TO
work hard n find statements detrimental
TO me-
Revond this general Characterization
The Chamberlain refused absolutely 10
60. although he gave evidence Of much
bitterness. and from the fact that he
took occasion time and again 10 express
the highest admiration for Mayor Gay
nor. the conclusion might be drawn that
he meant 10 imply that he was being
pilloried because Of his intimacy with
the Mayor.
rs IL your intention TO resign after
Won have seen the Mayor" was the next
question put 10 Mr.. Hyde,
Il, is not" came the answer, without
a moments hesitation. 1T Is my pur-
pose on reaching New York TO continue
the faithful performance Of my duties
as Chamberlain IN the future, as l have
in the past"
l.
ton Of your health was such that It
would probably make your resignation
inevitable
r do not know that the Mayor has
said anything Of the kind ! have prac-
tically recovered my health and have no
intention of reeigning. DO look like a
sick man?'
Mr.. HYDE looked far from we'll but he
was not told that fact.
MI Chamberlain have YOU anything
30 say regarding the allegation that you
have shown extraordinary solicitude for
tho Astor Mortgage Company and that
as result Of your consideration it has
made inordinate profits
The only thing I have TO say to that
,s that ] know nothing about the con-
Germ whatever. who its officers are or
who owns its stock.
But it is true, is it not, that you have
loaned a considerable portion Of the city
funds on collateral presented by the As
tor company
Denies Knowing Astor Company
q may have. do not know. do not
know the concern at all 1 assume that
It is a brokerage concern which floats
loans. J. as Chamberlain. have no oc-
casiou TO inquire into the identity of
brokers who submit mortgages as secu-
,j-v for loans Of the city funds. If the
security is good-that is II the property
warrants the loan-it is made. and there
IS no occasion TO inquire who the brokers
are"
You have. perhaps heard that it is
now charged that in some instances you
have loaned city funds TO within 50 and
even 90 per cent OF the value Of the
inortgaged property
r had not heard II. but I am prepared
20 he surprised at nothing To the best
ol my belief that charge is not true. 30
loans have knowingly been made 10
within any such limit When mort
gage is offered the Chamberlain calls
upon expert real estate appraisers 70 de-
tsrminc ita value That determined, a
loan OF CO per cent of It's value is