The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-09-19
MORSE ANXIOUS To
APPEAR AS WITNESS
Expects to Give Money Trust
Probers His Version of Crash
in Roosevelt Administration.
MORGAN IS SUMMONED
William G. Rockefeller, James
Stillman, Thomas F. Ryan
and Others to Testify.
MORGAN IS SUMMONED
BY international News Service.

BY International News Service
NEW YORK, Sept. Isl. Pierpont
Morgan and Charles W. Morse will be
among the first witnesses called in the
money trust investigation to be re-
sumed by the house committee on bank
ing and currency in this city about
the middle of November, This was
learned today from officials of the COM
mittee. Deputy Sergeant. farms
White, Of the house of representatives,
is supposed to have served thaae two
and several other financiers with sub
poenaes on his arrivel from Washing
ton. Mr.. White could be located to-
night. 1t is known, however, that he
has subpoenses for Messrs. Morgan and
Morse and also for William Rockefeller,
James Stillman, Thomas F. Ryan,
George +. Baker, president of the First
National bank; Otto T.. Barnard, presi-
dent of the New York Trust company;
William A. Nash and Walter E, frew.
respectively chairman of the board aud
president of the Corn Exchange bank.
The two latter are made subject to the
jurisdiction of the committee by reason
of their service on the clearing house
committee
Member of Committee.
Mr.. Walsh was a member OF that all
powerful organization in 1907 when
iuf CoilIuilIsc IOOh cudTSS DI tHB H.
nanclal situation during the panic, and
has been charged by witnesses hereto
fore examined in the money trust in
vestigation with participating ia con.
ferences that preceded the closing of
the old Oriental National bank, and
which so quickly was followed by the
collapse of what were known as the
Morse banks-the National of North
America The New Amsterdam, and the
AIaph hat Nt,
row a member of the clearing house
committee.
William Rockefeller could not he
served with a subpoena when the com
mittee was holding its sessions last
spring. At that time it was charged
that he had suddenly gone to Canada
TO evade service His heal.h then was
not good. 1t is reported that he has
sufficiently recovered 10 be able to
stand the ordeal of an examination by
Samuel Untermyer, chief counsel of the
congressional committee. J. p Nor
gan went to Europe before he could
be served with n subpoena and re-
turned only few weeks ago
Will Assist Untermyer.
Major f. H. Farrar. leader of the
New Orleans bar and recently presi.
dent of the American Bar association
is associated with Mr.. Untermyer as
counsel. Major Farrar has been in New
York for the last two weeks colaborat-
ing with Mr. Uutermyer IN the work OF
preparation for the resumption of the
investigation after the election in No
vembcr.
Charles W. Morse is expected to re.
late more sensational story regard
ing the operations of the alleged money
trust than has vet been told by wit
nesses already examined as to the cause
of the failure of the Oriental and Morse
banks in spite of the absolute solvency
OF all those institutions. Morse has
suffered a term in the peniteutiary OH
an Indictment charging him with Grim
inalIy mismanaging his banks. While
undergoing in the federal prison at
Atlanta term of fifteen wears he stub
bornly maintained that silence which
characterized his skyrocket career as a
''high fin8ncier.' But since his restor-
alton to freedom and to health. it is
stated by several of his friends that he
is anxious TO be placed on the witness
stand before the congressional prob
ers in order that he may tell under
oath, and in detail for the first time
the full story Of what he is convinced
was a carefully laid plot of a powerful
group OF financiers to ruin him.