Santa Fe new Mexican. [volume] (Santa Fe, N.M.) 1898-1951, 1912-12-18

: t. Trust company have three hrn
members or directors in common
who with one member of the Firs
National bank, are voting trustees o
the stock Of such company.
"rhat Morgan and company and the
Bankers Trust company have three
/ firm members or directors in common
! two of whom are voting trustees OF
the stock Of both companies.
That the same condition exists be
tween Morgan and company and the
First National Bank
The report further shows the SINH
lar attliation among the directors OF
the First National Bank and the Guar.
anty company, the FIRST National bank
and the Bankers Trust company and
the Guaranty Trust company and the
Pankers' Trust company.
By the report five of nine direct.
Ors Of the Chase National Bank are
shown to be directors OF the First
National Bank. and that two mem.
bers of J. P. Morgan and company,
Bank, 2 directors of the Guaranty
Trust company four directors of the
Bankers Trust company and three di-
rectors Of the National City Bank are
also shown directors of the National
Bank of Commerce of New York.
The money trust committee la,c TO-
day took a recess until tomorrcW,
when when Mr.. Morgan will again
take the stand. Chairman Pujo SAID
the adjournment was to enable mel!i
hers to take care Of private business
before leaving for the holidays.
The eighteen institutions cited are:
Bank: Guaranty Trust Co., Bankers
Trust Co, National City Bank, Kuhn,
Loeb 4 Co, National Bank of Com
merce. Hanover National Bank. Chase
National Bank, Astor Trust Co. New
York Trust Co.. Blair q Co., Speyer
& Co., all of New York: Continental
& Commercial National Bank. Chi
cago: First National Bank and the H.
linois Trust &, Savings Bank, Chicago:
kidder, Peabody & Co., and the Lee
Higginson Co., Of Boston and New
York.
Mr.. Morgan held whispered con-
ference with Delaney Nicholl and
R. S. Lindauby, of his counsel as the
committee proceeded.
Leaning back in the small cane-seat-
ed chair he watcher Mr.. Scudder and
the Questioner closely. He wore his
usual suit of black with IA black
cravat under spreading wing col
lar
AS the great mass of statistics was
slowly put into the record, Mr. Morgan
relaxed in his chair, clasped his hands
on his lap and closed his eyes. The
crowd Of spectators gradually increas-
ed as the afternoon wore on. When
Scudder finished, Mr.. Untermyer cal
led out:
Mr., Morgan will you take the
stand?'
The financier walked to the chair
at the end of the committee table
and was sworn by Chairman Pujo
lr response to the usual qualifying
question he said he was a banker in
New York City.
Are you member Of a Philadelphia
irm?' asked Mr.. Untermyer.
We'll that's the same firm ans
"ered Mr.. Morgan,
a Paris house,"
They are all the same house. The
firm is in New York with branches
in Philadelphia Paris and London"
said Mr.. Morgan.
Who are the members of the
firm"
Mr., Morgan furnished the following
list:
]. p, Morgan, H. P. Dawson, w. p .
Hamilton, T. W. Lamont, II. F. Lloyd !
} p. Morgan. .Jr.. A. a. Newbold, Viii
lam H. Porter. Charles Steele, E. T.
ototesbury and Temple Bowdoin.
Mr.. Morgan said the same parties
we're in all the houses.
Mr. untermyer asked Mr.. Morgan
whether his house carried deposits
u interstate corporations
Mr.. Morgan said he did not quite /,
Understand what the attorney meant
md Mr.. Untermyer explained that he
neant companies transacting business