Santa Fe new Mexican. [volume] (Santa Fe, N.M.) 1898-1951, 1912-12-18
Directors ARE
FOUND GUILTY or
PLAYING BOTH Ways
THEY WERE IN TOO MANY ENTERPRISES and REPORTED TO TOO MANY
FINANCRS ACCORDING TO TESTIMONY BROUGHT OUT BEFORE CON-
KT!EE INVESTIGATING INTO MONEY TRUST TODAY.
GAME or The DOLLAR proves MOST
INTERESTING OF ALL OUR SPORTS

Washington, d. c., Dec 1S.-Ela-
bcrate charts were presented to the
house money trust committee To-Day
giving lists of ''interlocking directors,
in leading, financial and industrial IN
stitutions: also table showing aifi-
liations of j. p. Morgan and company
Guaranty Trust company, BANKERS
Trust company, First National BANK
and National City bank and other cor
porations through interlocklng dlrec-
torates" pursuance OF the committee
inquiry bearing on the solid "conceh'
tration of money credits.
Mr. Morgan was not called TO the
witness chair when the committee re-
sulned work today, but a number OF
the party that accompanied him TO
Washington to attend the hearing
were. Mrs. George b. Case, Mrs. L.
W. Lamont and Mrs. H. p Dawson, oc-
cupied seats near the committee
table.
Richard S. Lindabury and Delaney
Nicoll OF counsel for Mr.. Morgan, ii.
p. Dawson, r. ". Lamont and sew
eral others of the Morgan associates
We're on hand.
Samuel JntermyGr, counsel Tor the
committee, said that because OF lack
OF witnesses Mr. Morgan might be cal
led late this afternoon for brief eX
animation but he thought it unlikely
he would take the stand before tomo-
row.
Sergeant at Arms Ridell of the house
testified that he and his deputies had
tried in vain since June 10, to serve
William Rockefeller Chairman Pujo
then made a statement covering the
efforts of the committee to serve Mr.
Rockefeller He said a certlflcate
from DR.. Walter f. Chapple, saying
that .ur. Rockefeller was i'll ard under
ms care had been received by the COM
mttee. He said the committee had
informed Mr. Rockefeller that the GER
tificate would not be recognized un-
less he accepted service. All follow
ing efforts to serve him had failed, Mr..
Pujo said The committee has the
power to ask the house for writ OF
attachment to force Mr.. Rockefeller
to appear.
Selee Newman, a special deputy
sergeant at arms, testified that he
had searched both Mr.. Rockefellers
town house and his country house. !
The charts presented by the com |
mittee statistician are very volumin- J
GUS and contain a mass of detail.
A prepared summary. giving the !
names of IS selected institutions said
to be affiliated says: The firm mem :
bers and directors whose affiliations /
are thus shown are $50. They hold
5S5 directorships in II banks and trust
companies having total resources OF
$3,S32 100000 and total deposits OF
$21, 1874 100000; fifty directorshlps III
eleven insurance companies having
total assets of S2,646,000,G00; l55 di-
rectorships in 81 railroad systems hay
ing a total capitalization of ST., l93,-
100000 and total mileage OF l63,200;
six directorships in two express com
panies, and four di''ectorships in one .
steamship company with combined
capital of S245,000,000 and a gross in
come of 97000,000 8 Sdirectorships in
2S producing and trading corporations
having a total capitalization of $33,5S3,
100000 and total gross annual earnings
in excess of 81 i 45, 100000 and As di-
rectorships in 19 public utility cor
poratlons having total capitalization
OF $2,S26,000,000 and total gross earn
ings in excess of 42S,000, 600; in all TAG
directorships in 134 corporations hay
ing a total resource or capitalization
of $25,S25, 100000.
The chart relating to the five in-
stitutions first named shows that the
great percentage OF interest in all of
the public utilities corporations and
other companies in question, is held
by the Morgan company the First Ma
tional Bank, National City Bank,
Guaranty Trust company and the
Bankers Trust company. or the 3S5
directorships in 4 banks these five
institutions have lis directors in "a
banks. A similar percentage of in
terests holds good in all other COR
porations included in the "interlocking
i,
The table shows further that J. p.
Morgan and company and the Guaran-