Omaha daily bee. (Omaha [Neb.]) 187?-1922, 1911-07-01
SALE OF THE SEGAL PLANT
D. s. Stetson, Who Conducted Nego-
tiatiOns for Sugar Trust, Testifies.
LETTERS SENT TO HAvEMEYER
Was Afraid Government Would
Get Correspondence, but
Was Much Excited.

WASHINGTON, June s0.-David s. Stet-
son of Philadelphia, q cousin of Washing
ton B. Thomas Of the American Sugar Re
filming company, told the house sugar trust
committee today that in 1903 he conducted
negotiations with Adolph segai of Phils-
delphia for the purchase OF the Pennsyl-
vania Sugar Refining company by the sugar
trust.
Mr.. Segal testified yesterday that he had
no recollection OF Stetson, though the latter
had told him recently that he had conferred
with him in the Manufacturers club at
Philadelphia.
II talked to Mr. Segal at the club at his
instance regarding the sale OF the Pennsyl-
vania refinery to the American Sugar Re-
filming company" said Stetson today.
Mr.. Stetson said Mr.. segal told him how
he happened to sell Camden refinery to
the American company.
Mr.. Stetson said he wrote Mr.. Thomas
that he thought Mr.. Segal was about
busted and would SELL and estimated the
cost of the refinery at between 81, 500, 900
and S200o,000. Philadelphia friends told him,
he said. that the Real Estate Trust COM
pany was on the bonds Of the Pennsylvania
refinery and was in danger of going to
the wall
This kept within my own BOSOM" said
the witness, who added that he reported all
this to Mr.. Thomas.
The witness said his letters to Mr..
Thomas We're forwarded to H. o. Have
meyer. l5e added that he declined SegaPs
offer 70 give him 5000 II he would sell the
Pennsylvania refinery to Mr.. Havemeyer.
Ready TO Block Game.
n made up my mind then" said Mr..
stetson. ''if could not make good COM
mission I'd block the game"
George H. Frazier a director of the
American company. according to the wit
ness, advised him to send the correspond
ence to Mr.. Thomas.
Did Mr. Frazier ever say to you that II
the letters should fall into the govern
ment's hands it might be evidence to estab-
Iish conspiracy in restraint Of trader
asked Chairman Hardwick.
| Mr.. Frazier appeared very much excited
but don't remember that he said any.
thing like that"
| Mr.. stetson said Mr.. Earle was the only
American who made anything out Of the
deal.
Earle" he added would not do any.
thing unless he was well paid for 1t. He
makes me tired"
Mr. stetson said he did not receive .
cent for turning over the letters.
Mr.. Frazier was not that kind OF {
man." he said
The letters he did not regard as incrim
mating and he turned them over to hell
Mr.. Thomas in his defense because he wal
my kinsman."
''Segal did Earle up pretty WE'LL" sale
Stetson ''Or rather did the Philadelphia
Real Estate Trust company-that shaving
sharp. That company may be all righ
now. At least Earle says he has rehAbili
tated it,
The witness Characterization OF the trus
company invoked q facetious suggestion o
Representative Madison that he did no
know Mr.. Earle was q barber"
Mr.. stetson criticised George II. Earle
Jr., and Chairman Hardwick cautioned hin
against personalities.
Amy man who attacked Theodore Rooae
Welt as he did yesterday" said stetson
should not go uncriticised. am a frien'
OF Mr.. Roosevelt"
The committee decided that upon ad
journment today the hearings would b
postponed until Monday. July 10