The evening world., 1911-03-16
CARNEGIE TRUST
WAS BOOSTED At
DINNER TO HYDE
Whitman UncoverS Social
Events Preceding Big De-
posts of City's Money.
LETTER REVELATIONS.
Former Bank Superintendent
r Aided Cummins 10 Solid
= Financial Standing.
LETTER

f''a " w. N
spondence between former Supcrintcnd-
cni OF Banking clark Williams. who was
afterwards state Comptroller, and Jor-
don ]. Rollins, a lawyer OF counsel to
the state Banking Department since the
panic OF -. This correspondence
throws considerable Ugh, upon the spec
tacular rise In Sow York Ci,y Of VIII
Asm J. Cummlns. the Nashville promoter
ridentified with the collapse OF .the Car
snegie Trust Company.
MIR. Whitman's Information IL that 1t
-was the carte blanche endorsement OF
SCummlns by clark Williams. and his
fintlmate friend Rollins that first gave
~the southcrner his financial standing
Swith local banks which now hold Cum
smins' paper. incidentally. Mr.. whit
mans probe has brought out the iact
-that Mr.. Rollins. as well as being hd-
sMsory counsel to the state Banking De-
,par:meni. il attorney FOR Il stfins OF
blanks and trust companies In New YORK
State.
: The Evening world Lac. night obtained
and exclusively published n letter 81
Endorsement written In behalf UNI
'mlns by Rollins. which the Southcrner
presented to city ChaInborllin Hyde on
sunday. March ~. 1910. ut Ro-'yn. l.. /.
.This letter was addressed M Dear
MIR. HYDE" although Rollins now claims
that he did not kno Alr. Hyde when
he wrote the letter. Az the letter bears
date March ~. 1910, which was Satur-
day. Rollins thinks 1t may not have
been the one he wrote on the following
Sunday and gave to Cummins.
= In Rollins's Handwriting.
Just TO refresh Mr.. Rollins's recollec-
ation The Evening World has informa-
.tion that the original OF the letter whica
was shown TO the Distrlct-Attorney. was
Swritten by MIR. Rollins entirely In his
own handwriting. There are eight
pages altogether. Tho reason why a
letter written OF n Sunday by "A lawyer
should have been dated back needs no
Explanation
The Evrnlf- World has ascertsined
that on u single previous occasion
sIIyde had met Cummins. Early In the
came month. jus, Il year ago. cummlns.
.acconpanied by President MARIN j
Sondop OF he American SNUFF Com
.pany and the late Joan Harrington. a
E \ eAlilillAls 'AAA'N hN' W. ''ii'h va
Hyde at his Office. Cummins and Con-
don were introduced TO Hyde by IIar-
s~rington. but the city Chamberlain de
scllned TO break down precedent and de-
sposit city money in the Carnegie Trust
Company.
Then Cummlns Got Letter.
Then # was tina Cummins went 10 MS
lawyer, Jordon j. Rollins. and procured
The now famous letter OF Introduction to
CLYDE. AS has been stated In The Eve
ming World, Hyde. three days after re-
sewing Rolllns's guarantee of the Trust
Company. on March 20. 1910. put S2JO.OOO
-of city money In that institution.
How Hyde came 10 meet Clark WILL
-iams. and receive further assurances
rof the stability OF the Carnegie Trust,
COMPANY was told 10 tie Evening
-World to-day by a guest at a dinne.
given on April . al the home of Arson
w. Burchard, assistant 10 the President
sos the General Electric Company, and
then n director u. the trust company.
Mr.. Burchard lives at No, III Madisun
avenue.
Dinner for Hyde.
ALTHOUGH HYDE did not know It
At tho time, tAc dinner was gotten
up in his benefit said this guest.
"He waB practically n tralger to
us all, ana he was made TO feel
perfectly At home.
Besides MI. Rollins. and Comptroller
Clark Williams, there was present
Secgetafy Edmund -. Christian OF the
American smut Company. Bradley
Martin J. and Mr, Cuumins.
IT focolleet distinctly tAnt Lar.
81 Williams eZpreGgod great pleasure
at meeting hyde, ana among tho
subjects under discussion was the
= Carnegie Trust Company, and its
great future.
After dinner several OF the party. IN,
selUoing Nj. Williams, hyde aJd Guam
minis, got into an automobile and ru4,
TO the Holland House. ~ncre ,Im4.iu.
mas an apartment, We got there au,4,
u Il. NJ, ana Tor an uJuT or more a.,
Reward Mr., Williams. ll,de and Cum.
minis chatted t.sstier In the cafe o.
the hotel. as Harry Lauder would say.
JUST speaking ana tllHlus 10 ono "a.
other Air, Williams MAS State Colg.,
trol!er at the time
City Deposits Increased.
II was after th4s diane. at the hon,
OF MI. BurcaIrd ,la, tho CITY C.au
herlain allow ed the c.,y y deposit -
the Carnegie Truss company 90 rtar,
the size OF Sl,OJJtH. 4Ils friends dc
clare taat ue accepted ~ tpaI tnt u.
s%urances given by tao caHasc. ut yl
State BANKING Department .HH tlD
State Comptroller, wao hat ....-l H
banks through the panic OK l.If. 1875
days after the dinner ON April 9. TO-
State Comptroller William. u!o4 b.
OFFICIAL paper, daknowledgci a.. .lCaa
sure OF having met Hyde IN a letter 4.
the city Chambeylgin from Albany
Politicians recalled to-day that anon
1he heavy contributors 20 the csWuaig
fund OF John a. Dix was WAlilm q
cummins OF the Carnegie Trurt Con
pany. Mr.. Cummins was one OF MIN,
teen Democrats WHO contributed $50.
10 the cause. Among the others wei
Charles l.. Murphy and j. Segsear
Cram. This contribution Is not assC
clated by those VINO remember IL wit
GOV. Dix's letter TO Dlstrlct-Atturno
Whitman regarding the Carnegie TruI
Company inyestlga ton.
a