The Washington times., 1912-12-18

banks. with si,as7. 10000 resources and
seventeen director. in nine insurance
Thirty directors In eighteen railroads
capitalized It 4, e,eoa ooo. 900.
as:ssi:i q; q % eoSporssions eapisa''ssd Il ~
seven d,rse.s,s 4 n a ays S % public =. ,,., S.,isy
Interest Of the New York Trust Com
Twenty .ons directors in twelve banks
with d. III. 00o,O0o resources.
Blk directors IN slx insurance COM
panies with e2,lM. 100000 assets.
r..s:s: s.Sss ds:Sssss y e.1s: sSsi.''a
Fiiseen directors !. ;sxsn ssS "a indy:tr'a'
How J.. p. MorEen Z CO; and the
First National Bank have X - directors IN
seven hanks ~ with .ssncs S;C rcs%Hscs: comrcrv
having S6S7. .ooo. 900 assets. eleven trans
portatlon companies capitalized at r..
S7l,OO0, 900, seven Industrial corporations
capitaiised at q .se.oooocc. and the
1s TslsssDh, L. ,s .aS s:Ips:
was also shown. The total control OF
the Morgan company, the First Ma.
tionai Bank. was said TO dominate capi.
tai stock In all Of T.s%s.0 100000.
= Anxious TO 0e Heard.
When the committee met II was not
certain but that Morgan's examination
might be deferred until tomorrow. al.
though, the financier was anxious 10 get
his second Congressional inQuisition
within two months out Of the way at
the earliest POSSIBLE moment. In Octo-
Der the Money Monarch told Q brief
story Of his campaign contributions to
the Clapp investigating COMMITTEES.
The documentary evidence Of inter-
locking dircctorates was said to mark
the climax of the investigating commit.
toes evidence - oversnsdowinG even
Morgan's expected testimony. Domins-
tion Of dollars was expected to be shown
In detail by q mass OF data which .
corps Of thirty eSpert investigators have
been diGesting for months.
This data was said to list every cor
poration director. officer. and capitalist
in the United States. vividiy showing 10
the last detail every financial record.
Attorney Untcrmyer. Of the commit:
tee. desired first ,n e bare tn. record ,Ss Of
iinancier's corps OF lawyers were max
Ing strenuous efforts just before the
committee met to induce Untermyer To
get Morgan's ordeal over nrst.
Morgan Wen Armed.
Fortified behind . small army Of re-
nowned lawyers. secretaries. clerks. ac-
couutants, and fiunkies. and armed with
niles of defense ammunition" In the
shaxe Of documents and records, itNwas
plain that Morgan was on the dsfen-
sive today. The financial king. his son,
I. Pierpont Morgan. jr.: Thomas La
mont, Of the Morgan Arm; Attorneys
r. v. JIndabury. Joseph H. Choate.
and half a dozen lesser legal lights. all
occupied an enormous suits OF rooms at
the New willard, carefully guarded and
isolated from the prying eyes Of the
70 draw from MorGan's lips. under
oath, the history of many OF the giant
nsnS.l n.s Sx the seup. Sa sss S%n ss;
il was reported, would not be asked
iiteraiiv 10 open his private bank book
10 the committee. the Morgan interests:
private and corpor.ts were ~ !nrss!sney rSIissy
sy fSr tss tSe Srst S.st'aiS Zine. se-"""' -
~ .:hiSh finance" was to be one OF
Morean's principal contribution 20 inc
inquiry. untermyer ,sscns si.o ptTpoceS 81 reo 20
iieve ailased financial abuses.
-" Flock to Hearing.
The CLINT Of gold. the prospect Of see
Ing J. Pierpont Morgan. king Of them
All, on the defensive. matching his keen
wits with those Of . renowned lawyer.
man like Untcrmyer. who has had long
experience a. counsel for other money
kings. drew an enormous crowd to the
hearing room today. The curious al.
most fought for space. and long before
eleven O'Clock. the hour set for open.
ing Of the session. sprinklinG Of
women, many Of whom were on hand
two hours before deputy sergeant.at
arms opened the doors Of the commit.
iee room, got choice front row seats.