Evening star. [volume] (Washington, D.C.) 1854-1972, 1913-01-02

method of transmitting the report. Sen
ator Gallinger said he hadn't read th'
report. but didn't know Of any errors o.
Judgment on Ingham's part. Senator
| Gallinger also said he had seen lane
values jump enormously; that he hac
also considered the 18th and H stree
| site as one of the best in the city.
| Representative Johnson of kentucky
| asked a question to which Senator Gal
| niger replied:
II disclaim any improper influence
| brought on me and ] disclaim any i'm
proper influence that 1 have brought tc
| bear"
| James Easily Smith asked: Have you
had any trouble with Col Judson that
you could attribute as the cause for
his hostile attitude toward your"
Senator Gallinger replied that there
had been differences over the public utili-
ties bill.
II said to him that he had double
| crossed me. 1 think 1 said that. II l
| didn't I meant it. but 1 don't think he
cared a rap about 1t.
did Mr.. Ingham ever seek your in
fiuence?'
Absolutely not
Senator Gallinger said, in reply to ques-
tons. that Col Judson had never had 10
defend Charles c. Glover to him. and
that he paid little attention to what peo-
pie of Washington say about each other.
Representative Redf1eld asked about the
public utilities bill. Senator Gallinger
said Col. Judson had caused the addition
of a paragraph to the bill. which mad
passed the Senate, las good as any In the
United States" He said Col. Judson had
sent him other amendments one includ-
ing the merger one heard so much ABOUT.
II told Col. Judson In sharp letter that
II he wanted to defeat the bill he was
taking the right course.
He read a portion of the review of the
year 1912. printed in The Star of yester-
day. covering the insurance department
Of the District of Columbia.
This Is complete statement and a
high tribute to the superintendent of in
surance."
MI. Hoover Is Heard.
William D. Hoover. president Of the
National Savings and Trust Company.
was the next witness. He told about Mr..
Darneille coming to him to talk about
appraisement. He said Mr.. Darneille
came to him for "a high appraisement'
on the Southern building. and mot get
ting one from me he left
Mr. Redfield asked Mr.. Hoover ques
lions of a rather technical nature con-
corning fire insurance, reserve funds.
etc. along the same line as questions
have been asked Of previous bankers
in the hearing, all Of which were in
dicative of Representative Redf1eld's
expressed theory that fire insurance
company should have something be-
side real estate as a reserve fund. Mr..
Hoover's answers were all asSentS.
Representative Redfield asked hypo-
thetical question concerning an insurance
company offering stock at a premium
when it's reserves, ETC., were falling.
Would it or would 1t not be false
pretense?"
II can't think OF a better description"
Suppose you received circular de-
then found it was losing business. and
also that 1t had been excluded from do
ing business In a certain state, would you
say the representations were deceptive?'
II would"
Representative johnson asked Mr..
Hoover II Mr. Darneille had asked him.
Mr.. Hoover, for a valuation on the
Southern building at $2,OO0,OOO.
Mr.. Hoover said he gathered that to be
the purpose of Mr.. Darnelle's call.
Mr.. George asked for some opinions on
real estate values.
Tells Of Sales.
Mr.. Hoover told about some sales he
knew of. The Woodward building cor
ner. he said, was sold for SGT foot. and
the southeast corner of 14th and H
streets at $34 foot.
Mr. Hoover said: Mr.. Kalbfus, one of
the assessors. came to me two years ago
and told me the property where my bank
stands was assessed too low. 1 reluctant
ly agreed with him. That was about two
years ago. Figuring the ground at SIS a
foot. l figure out now that we are as
sessed at 40 per cent below market
value"
rs that fair?"
LAS a general proposition 1 would say
not"
The real estate quiz went along for ten
minutes and Representative Berger of
Wisconsin remarked:
Il can't understand why all this is
brought into an insurance hearing. What
difference does 1t make where a lot Is,
whether it Is on the corner or in the
middle? What has the thing to do with
insurance.
Representative Johnson made a reply
which indicated that there is some con-
nection between the committees object
and the price Of real estate. Mr.. Berger
said he would not make further objec
tons to the questions.
Asked About Assessments.
James Easby-Smith and Charles A.
Douglas, attorneys, asked Mr.. Hoover
many questions about assessments. val
uations, etc. Mr.. Hoover said he had
confidence in Mr.. Darneille. and in reply
to Mr.. Douglas said he knew that it was
customary for insurance companies to
employ appraisers for setting value on
real estate carried as assets.
Toward the close of the hearing Col.
Judson made objection to Mr.. Douglas
questioning because 1T was framed to
get something false into the record"
II brand that as false, and knowingly
So" said Mr.. Douglas.
Representative Berger objected.
Il was going to say, said Repre-
sentative Johnson, that we had better
have short recess, so that the gentle
men involved In these remarks could
follow their own ideas as to redress"
CHINESE TROOPS ROUTED.