The evening world., 1911-03-15
uential and financial leaders o
His ln,er.s, VIII Carnegie.

His Interest Win Carnegie.
! know shat through his instri-
mentality Mr.. Carnegie and his bus
mess representative, Mr.. Franks,
are manifest.ns an Interest in The
carnegie Trust Company. when
they aid not feel prior to the cleo
ton 10 its presidency OF Mr.. Cum.
mss devoted friend and associate.
MFR. 10 eph p Roichmann, who is
tho president of the National : arch
company and the trusted represent
ative OF Mr.. Bedford OF the Stand
ard OIL company In the Corn Prod
ucts Company.
Through MIR. cummins's Influence.
toe. there have become identified
With the Carnegie Trust Company
such men ne Mr.. Martin J. Condor.
president of the American Snun
Company and active leader IN tina
annir. OF the American Tobacco
Company Mr.. Bradley Martin ir..
s~on-in-lnw OF Mr.. Henry Phipps:
Mr. George d. Crsbbs OF Cincinnati.
president Of the Philip Carey Man
ufaoturing Company and a member
OF the executive committee OF tho
German National Bank, and Mr..
Samuel II. Kress OF No. $50 Broad
way. who owns over q hundred
stores scattered throughout the
United States.
] need not 60 further 90 convince
you that he is an exceptional man
n destined, n his lie be spared, TO
odd very greatly 10 his accomplish
ment of substantial things and TO
make Of tho financial institutions
which he has undertaken 20 build
up, the strong and conservative
tower which he predicts for hen.
] believe him md his associates to
he deserving Of your confidence.
With very kind regards. ] am.
Sincerely yours,
(Signsd) JORDAN J. ROLLINS.
Hon Charles II. Hyde.
go Broadway.
Hyde Refuses 70 Talk.
This Ia Mr.. Hyde's dictated comment
shown the Rollins letter:
mol ! shall o not say anything
about the letter you show me. | do not
that II makes any difference how I
met Mr.. Cummins. He was introduced
10 me as q successful business ma Of
integrity.
u have not the slightest desire to
tyd1d responsibility for any OF my acts,
racy are all matters Of record. There
haesbeen a great deal OF misrepresenta-
utas but ] do not feel like discussing
the business OF my office. particularly
bec4u 1t Involves dealings with all
THO principal banks OF this city.
~ seems to me that II would he q
grdss injustice to the banks. their de-
and stockholders. II n one
gcto n satisfaction out Of misrepre-
OF me. ! can stand 1t. h
truth will outweigh It all"
Carnegie &c Be CaIisd.
Andrew Carnegie will probably bs
'ail6d before tie Grand Jury as a witness
IN NE Carnegie Trust Company proceed
ingH Knowledge In his possession Is OF
Importance IN respect Of coll
he holds as security for a loan
a. c.?Oo.o 900 he made to the Trust Com
pauv that bore his name, at q time when
the institution was In straits.
The books OF the Carnegie Trus,
cortS any" said District-Aitorney Whit
maaf to-day. show hat Mr.. Carnegie
loaAed the concern a huge sum Of
lie has not got the money hack.
and ~ Is doubtful II ne ever will"
"Ehl Mr.. Carnegie be summoned as
a Witness" Mr.. Whitman was asked.
n is more than likely that Mr.. Car
negb will be called" was the reply.
cummins Brought Letters.
Absorbing to investigators into the AZ
faira of the Carnegie Trust Company.
when he came to Now York
for the purpose OF organizing the indie
Fertilizer Company. brought
from the Governo- OF Tennessee,
J uttfce Lurton, recently appointed 20
States supreme Court bench.
{. ~ United states senators from Ten
no6oee. all the Congressmen from Ten
peosse and most OF the biz bankers OF
'reSnessee. These letters gave Cumnins
thsshishost business character and were
written with the design OF persuading
J. Hsrpont Morgan TO finance Cum.
minss fertilizer scheme.
Among the Tennessee bankers VIII,
gave Cummins letters OF introduction
VA Richard Platter. one OF the leadinl
hnAnciers OF Nashville. Mr.. Platter hap
pei 20 be a brother-ln-lAw Of Clari
Williams. who was. when Cummin
bu1t upon New York. state superin
tedasnt Of Banks.
n the time when Cummins presented
hiS letter Of Introduction to Mr.. VIII
ans he was in need OF the service
~ lawyer conversan, with the bank
No laws OF the State. Mr.. william
utoduced tho stranger from Nashvill
10 Jordan J. Rollins OF the firm Of Rol
- 4 Rollins, counsgl ~ the Stat
hking Department
When Fertilizer "BleN Up"
IL was while Mr, Williams wa
state Superintendent Of Banks tina
me Independent Fertilizer schem,
bleev up. The direct cause OF IN
failure OF Cummins's plan to CON
1ile some sixty-hye or seventy fer
flyer companies into o trust Vac a
OpNion given by Francis Lynde Ste
son. counsel for J. P.erpont Morgan
tnat such a combination would con
stishte J. violation Of the Federal Las
LIB opiu.on was delivered early /
JaplAry. 1909.
according TO a bulletin issued ey -
StJte Banking Department Cgmmlr
TA.-H- 49,.