Pine Bluff daily graphic., 1913-01-16
GEORGE PERKINS
 AT MONEY PROBE Progressives "Money Bag" Does Not Give Committee
 Much Information.
UNTERMEYER IS FIRM
Eut Albert (. Burrnge, of Boston, Could Not Remember Anything
 About tmalgnmntpd.

! Wnshington. Jan. r5.-The chief witness today before the Puio Money ! Investigating committee was George w. Perkins, of the Progressive party who wanted to talk of so many things that Mir. lIntermeyer adjourned the committee in order to stop him. | The result of the clash between Mr. 1 Perkins and Mr. Untelmeyer was much like the usual result when two trains try to pass on the same track.
 After a violent clash of ideas both discovered that an irristable colvic- 1 tion had come into collision with an immovable obstruction MT. Untermey- CT and Mr. Perkn. backed up and the committee adjourned for the day
 Mr. Perkins had come to Washing ton with heavy load of Progressive party propaganda which he intended to read into the record, let the chips fall where they may. MT, Unteimeyer had his notions about money trust and was intent on proving them by Mr. Perkins.
 Mir. Untermeyer fired a long hy- pothetical question at MT Perkins relative to the utilization of banks under the Morgan control.
 MT. Perkins made a dramatic ,jes- ture of astonshment and beWilder- ment when he heard the question. ia
 You have had that question all might, haven't you?" asked MT. Unter- meyer.
 "Yes," admitted lPerkins, and l have slept notwithstanding
 What Is your answer?"
 But Perkins did not want to give Iany answer to it. He said he had studied the question deeply and be- lieved that they ought to be answered. with great care. 5-,.s+
 What is the use of studying them if you haven't any opin!on?" asked Untermeyer. Here MT. Perkins be- gan to dverge. He told about his plans for the uplift of humanity. He said that he had withdrawn from all business save a few little corporations like the steel trust in order to study these problems. He said the commit tee ought to get real information and not ask hypothetical questions.
 "Now," said Untermeyer, perhaps you will answer the question: Per kins said he would, but he didn't.
 Then he said. eff J. P. Morgan and Company wanted to make bond issue from the Desert of Sahara and J. P. Morgan was to give it his name. the people would buy it?" ,s..< s'
 Undermeyer tried to pin him down to an admission that this was be- cause MT. Morgan would promote the issue through banks controlled by him. But it was no use. Perkins lodged and talked and at last in dis gust, Untermeyer gave it up and per mitted him to retire, which he did, indignant but with a distinct feeling of triumph. ..,,5l5,.... K. / !
 Albert c. Burrage, of Boston, one of the original organizers of the Amalgamated Copper Company, which William Rockefeller, Henry H. Rog- CTS, Marcus Daly and others, who preceded Perkins on the stand, said that he could not remember what was made in the turning over of the pro- perties to the Amalgamated.
 Was the profit $39. .OOO,O0O?" asked Untermeyer. T. s. w cant remember g.,.. Did you not get about $5,O0O,000 for your share?" suggested Untermey- CT. -1 U. .,s sa4l1.7 7}i.4,s.s. .,#f
 q do not remember" repeated Bur- rage.e se s.....g,,, .,.. i Have you not records, no copies of letters written to MT. Rockefeller" " asked Untermeyer. >, ,. ;: 4 !
 "No," said Burrage, :. had them destroyed in 1904 when MT. Rockfel- Ter got in dispute with Mr.; Thomas $ w. Lawson. am a friend of both. "
 Was this entire. deal involving , $75, 100000 accomplished without the scratch of pen," asked ,Untermeyer
 go far aS l know" said Rurrag ge ,