New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1911-07-01
TAKES SHOTS At EARLE
D. S. Stetson Defends Ex-Presi-
dent Roosevelt.
SUGAR INQUIRY HAlTS
G. G. Harrison Tells of Sale OF
Franklin Refinery to
Havemeyers.
IFrom The Tribune Bureau. !

George H. Earle. jr his predecessor on
the witness stand Is "a man who likes
to stay in the lmelight when there's
money in IT," and also making similar
illusions occasionally to Adolph Segal. or
ganlzer OF the Pennsylvania Sugar Com
pany, David S. Sletson, a Philadelphia
broker. proved a diverting witness to-day
before the House sugar investigating COM
nittee.
Every few minutes Mr.. Setson slipped
into his testimony some comment concern
ing Mr. Earle. who was receiver for the
Real Estate Trust Company at the time
when the sugar trust was accused OF an
attempt to wreck that concern and Its re-
lated organization, the Pennsylvania Sugar
Refining Company
II don't think you should discuss Mr.
Earle in that way" said Chairman Hard
wick.
.'Why not?" demanded Mr.. Stetson. THE
committee allowed him TO roast Theodore
Roosevelt. Roosevelt is a friend Of NINE
and believe in him"
Mr. Earle complained at great length
Yesterday that President Roosevelt ana
Attorney General Bonaparte had failed 70
prosecute the sugar trust in 1906, when ne
(Earle) insisted on prosecution in connec-
ton with the Real Estate Trust Company
affair
Mr.. Stetson took a final thrust at Mr..
Earle by saying that he was the only one
who got any money out or the receiver
ship, ard that Earle wouldn't even act as
secretary Of any organization unless there
was money in it for Earle"
AS to Adolph Segal the witness said that
he was promoter and had built the
PENNSYLVANIA refinery Ito plant 1t on the
American Sugar Refining Company
After hearing Charles c. Harrison, un-
i'll recently provost of the University OF
PENNSYLVANIA. the sugar investigating COM
mittee temporarily halted its inquiry TO-
day and took recess until July 10.
Mr.. Harrison who was in the sugar ousl-
ness before his connection with the uni
versitv. told of selling the Franklin Sugar
Refining Company to the Havemeyer COM
bine. The Franklin stockholders, he saio'
received 100000 in common and so'ooo'""
In preferred stock for plant capitalized al
only 100000 John K. Parsons, attorney
for the Havemeyers, had engineered the
trade he said.
Mr.. Stetson had to answer "a number OF
questions because he admitted that as late
as last Decembe. he had turned over to
Washington b. Thomas, a director in the
American company, all the correspondence
between Earle and the company relative 10
the proposed purchase of Segals Camden
plant and the Philadelphia plant. The
committee wanted to convey the idea that
Mr. Thomas had gained possession OF the
correspondence TO suppress it. Mr.. Stetson
said that was not the case. but he had
suggested that Mr. Thomas take charge Of
the letters to aid him in his defence after
lie had been indicted.
Mr. Stetson qualified as commission
| less broker so far as the negotiations be-
| tween Segal and the American company
| were concerned. The American company
| failed to pay him any commission for In
vestigatng the availability of the Camden
! plant Later. he represented Sega. who
wanted to sell his Philadelphia refinery
! and Segal failed to pay any commission
"He offered me 5000. which wouldn't
take" said Mr. Stetson. After I saw
that | was not 10 be IN on the matter
wrote Mr. Thomas TO wait awhile and he
could get the Segal refinery for song, as
Segel was about busted
Mr.. Harrison said he did not know there
was any risk of violating a federal law.
Operated by the Sugar Trust from 1892 to
| 1897, the great plant which he and his aSso-
ciatos erected and sold he said, had been
idle since. because of the great overpro-
ductlve capacity of the Eastern reineries."
Il wouldn't sell out to-day to the Ameri
/ can Sugar Refinery If l had it to do Owe
| again" said Mr. Harrison. we inherited
it from our father. We sold our inherit
! ancc and we cannot do for our sons what
our father did for US"
| Asked by Representative Kinds what he
! thought should he done to stem the preda-
/ tory activities OF great combina lions OF
car tal in this country, Mr.. Harrison said
! publicity was OF the greatest value.