The Daily Missoulian. [volume] (Missoula, Mont.) 1904-1961, 1911-06-15
SECRETARY OF SUGAR TRUST
JUST SIMPLY CANNOT RE.
MEMBER SOME THINGS.
DOES NOT D|VULGE MUCH
Witness Says Corporation Has Over
Ten Thousand Laborers Who Get
Two Dollars Day and Yet They
Are Down on, the Concern-capitaI.
lists Get One Dollar and Are Sore,

Washington. June il.-Five hours
We're spent today by Charles r. Helke.
for several years the 100000 secretary
ot the American Sugar Refining com
pany. In telling the house sugar in
restigating committee that he knew
nothing about the policies or inner his
tory of the company. particularly IN
the Years when H. o. Hayemeyer was
it's president.
The witness described his posItIon
win the company as that Of d stock
transfer man. bookkeeper and letter
writer" lie ridiculed the idea. that ha
was the confidential agent Of President
Havemeyer, saying he was not n bir
enough man for that, He declared that
the government had picked him out az
the mischief maker" I'm the alleged
customs frauds charged to the Arneri-
can sugar Refining company. simply
because II had to have some one to
fasten them on.
II am not Il sugar man." he asserted
II was merely a transfer man"
The position or stock transfer man"
was responsible one, however. he
gave the committee to understand
For instance. he declared that he had
signed enough transfer certificates To
stretch 500 miles II these certificates
were pinned together
Why. II woman who is trustee for
some stock comes 10 your office 10 try
10 get the shares transferred. yon would
not get through all afternoon" the wit
ness said to Representative Raker Of
the committee
The matters the committee tried To
find out. bnt concerning which Mr.
Heike claimed To know but little were
many
one was the interest of the American
Sugar Refining company in the Ma
tional Sugar Refining company. lie said
the former owned $4,000, 900 preferred
stock in the latter or a little more than
one half but he had no idea of why
Just little more than one half was
purchased. Neither did he know
whether the American Sugar Refining
company was coguizant of the claun.
now under litigation. that 10000. 600
common stock In the National was In
existence at the time It purchased the
preferred stock.
Little Inner History,
Little of the inner history of the
PENNSYLVANIA sugar Refining company
deal was obtained from the witness.
lie admitted that the American Sugar
Refining company loaned to Adolph
Segal, through Gustav A. Kissel. OF
whom Mr.. IIeilke spoke as Segal's
agent II phn am
Of the stock Of the Pennsylvania Sugar
Refining company. with the voting
power thereof. was given as collateral
security,
He could not remember that the
stock was voted, that the Pennsylvania
refinery was abandoned Immediately.
nor could he remember how the deal
was closed
Did the American Sugar Refining
make IL a business to loan
inquired Representative Gar
rett Of Tennessee.
They loaned plenty of money, yes
sir" said Heilse
Has the American Sugar Refining
company loaned amy money!"
Yes, 10 some trust companies
Don't YOU know that as matter
If fact the very day this stock was
turned over as collateral 10 the Ameri-
,an Refining company, with the vot-
ng power, an arrangement was brought
about whereby the Pennsylvania COM
pauy-"
Il don't know anything about that
lt all" MIR. Heike interrupted Il
know one thing-they made the loan
DO you know anything about the
suit that was filed growing out of the
persisted Mr. Garrett
II cannot explain positively"
James NJ Beck. counsel for the
American Sugar Refining company,