Evening capital news. (Boise, Idaho) 1901-1927, 1913-01-05
RYAN WILL TELL
The COMMITTEE
ABOUT FINANCES
Another New York Finan-
cier Is Subpoenaed to
Washington to Explain
Wall Street Operations.

Washington, Jan. 4.-Thomas For
tune Ryan, millionaire traction mag
nate of New York and Virginia, is to
be a rival star" witness to j. z. Nor /
gan in the house money trust investi- |
cation, it was learned today.
The summoning of Ryan, 1t was re- |
ported, is to secure his version of Nor
gan's acquisition of the stock of the
Equitable Life company Morgan said |
he told Ryan he (Morgan) wanted the
stock, and, after some demurring,
Ryan gave IT up The stock, 1t is
said will control assets of many mill
lions within a generation. Plans to
conclude the money trust probe, on
Jan. 20, were announced today. The
date for the windup of the inquiry
will be definitely set when the commit
tee resumes its work Monday.
A report OF It's findings and recon-
mendations for remedial legislation
will be made by the committee early |
in February. The recommendation, 1t |
is said, will urge drastic reforms in the |
currency system and operation of stock
exchanges, clearing houses, bank ana
trust companies.
To hold longer sessions Of the COM |
mttee daily is planned in order to con-
clude the entire investigation in Jan
uary
Bankers Are Called.
More New York bankers will be |
hailed here Monday for witness stand
ordeals. They viii precede the pro-
posed appearance of Ryan and William |
Rockefeller. The investigation next
week. it was officially stated today, will |
be along lines similar &c that OF Nor |
gan, delving into the transactions Of
other fiscal agencies Of lesser powe,
than the Morgan house. Floating Of
several big bond issues and loans by
some Of the principal New York banks |
will also be inquired into.
Lawrence G. Murray, comptroller of
the currency, Is scheduled to be the |
first witness examined Monday after
noon, when tie committee resumes it's
hearings. 1t was reported today that !
Murray was te be quizzed regarding |
the reported refusal Of Attorney Gen
eral Nickersham and President Taft
to advise his disclosure to the P,Ijo |
committee OF confidential reports made |
to his office by national banks Pujo I
committeeman admitted today that |
William Rockefeller might never give I
one word of testimony because Of his /
physical condition Roel5efellef's APP
pearanee here, according to the sub
poena issued, Is scheduled for Jan H. I
1t was stated tonight that the commit T
tee will wait for Rockefeller to pre-
sent his proofs by physicians affidavits. I
that ne is toe feeble to testify. and I
then some eminent specialist to make /
independent examination Of tile mil I
lionaire # the committees specialist I
confirms the diagnosis of Rockefeller's I
physician, the committee will endeavor T
to secure Rockcfellers testimony in
New York, either by a journey there /
of the committee or deposition upon 7
forms prepared by the committees at +
torney Samuel Tntermeyer'
Rockefeller Causes Problem.
Capitulation of Rockefeller 10 the |
siege of Sergeant -at-Arms Riddell and t
his corps Of 40 deputies and detectives
in New York IS adgitted ny the com
mittee TO solve "nas,y, problem and /
difficult situation.
we wera put in the position Of
showing the country whether Rookie !
Teller was d bigger man than the GOV
ernment ana we proposed To 80
through with it," said one committee
man today.
How William G, Rockefeller of the
STANDARD Oil company has been saved
the "indignityt of being actually I
served with the subpoena of the money |
trust investigators leaked out here to-
night Sergeant at Arms Riddell adj
mitted that the official subpoena. the
precious slip 81 paper emblenatical of
the authority of the house, signed by I
Speaker Clark. is not in Rockefeller's \
hands. 1t is licked up IL Rlddells safe
and probably will never reach the mag
nate. Riddell declares that Rockefel- |
Ter, through his attorney, Carver. has |
accepted service of the subpoena. This, |
i is held, answers all purposes of the |
committee, without actual receipt by
Rockefeller of the official document |
Riddell states that he will make re
turn" on the subpoena that, upon in
formation from Chairman Pujo Of the
money trust probers, Rockefeller has
accepted service through his attorney
The subpoena Itself viii then become
part of the archives OF the house.
Riddeil Was Ignored.
This situation, il IL said. leaves
Rockefeller in the position of having
accepted the first invitation of the
committee to testify and also express
ing Willingness to receive the subpoena,
but without its actual, physical service.
knowledge of the accepted service"
through Attorney Carver, is as near as
Rockefeller will probably get to the act
ual subpoena. But the capitalist, it Is
held by the money trust committee, is
now in the position of actually having
received its subpoena.
1t was also learned tonight that Rid
dell and his assistants were ignored
completely In the capitulation of Rookie
Teller. Samuel Untermyer. attorney for
the money trust probers. had complete
charge of the negotiations with Rookie