Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1914-06-05
WITNESS IN NEW HAVEN HEAR
ING TEsTlFiEs BOARD WAS
ACTIVE ONE.
NOT CONTROLLED BY
MORGAN OR MELLEN
Board Meetings Wers We'll Attended
and Generally All Of the Members
Took Active Part in Proceedings,
According to Witness-Ledyard Of
ton Opposed Morgan at Conferences.

Ledyard, continuing MS testimony VI
New Haven railroad financial affairs
before the interstate commerce COM
mission today, denied that the New
Haven directors were dummies or that
the late John P. Morgan or former
President Mellen dominated the board.
He said he often had opposed Mr.. Nor
attended, and that generally all the
directors took part In the proceedings
Mr.. Ledyard's testimony was enliv-
ened by lively clash with Mr.. Folk
in which the witness insisted on an
swering questions in his own way and
appealed to CommisSone" Daniels to
sustain him.
J. w. H. Grim, attol or former
President Mellen. read inc the record
Mr.. Mellen's much discussed letter to
former United States Attorney Wise at
New York. assuming responsibility for
the Grand Trunk deal under which
Mellen was indicted. Mellen testified
he took the responsibility to shield the
late j. Pierpont Morgan.
Mr.. Ledyard yesterday vigorously
merely read the latter and asked Mr..
lection and Mr. Ledyard replied it did.
Morgan Was Not Worried.
Mr. Ledyard told Of Mr.. Mellen tell
ing him he had heard Of some confer
mces Mr.. Morgan had with officials OF
lhe Grand Trunk and asked him to in
auire Of Mr.. Morgan II he was worried
Grand rr,,pk u,a{forS
II asked Mr.. Morgan If he was wor-
RED over Grand Trunk affairs and he
valid. Not Bit"
did Mellen send the letter the same
day ne wrote it?,'
Ny Impression 1s he said he was
sending it right along by messenger"
do you understand anything you
eay may be used against you?" asked
Mr.. Folk.
"Oh. yes.''
Your relations with Mr.. Morgan
were quite intimate. You made yacht
Ing trips with him and you drew his
will and was made one of his execu.
torso"
THAT is correct
Often Opposed Money kinq.
Mr., Ledyard said he often opposed
Mr.. Morgan and had done so in the
New Haven board.
Did you oppose him enough to make
him mad?"
II never hesitated to tell him plainly
what l thought"
Mr.. Folk asked Mr.. Ledyard about a
small dividend in connection with an
underwriting syndicate which Mr..
Morgan had urged him to accept. altho
he had said he did not want to take it.
well, you finally took it?'
Yes, as have said before, took it
and gave 1t to a charity in which Mr..
Morgan was interested"
80 he had his way after ALL"
'He had his way and had mine"
retorted Mr.. Ledyard.
You did not fuss with him very
hard?"
II refuse to answer that question"
Directors Not Dummies.
Were the Connecticut directors
largely dummies?" Mr.. Folk asked.
II should not say that" Mr.. Ledyard
replied. "Mr. Mellen certainly was not
dummy. Charles w. Brooker was
and obstinate old man.. Mr.. White
ests. Mr.. Frank Brewster was a
questions. Henry X. McHarg was a
man of large interests"
Mr.. Folk asked about Lawrence Mi
not.
'.IIe was typical Boston trustee"
Mr. Ledyard replied. "He was care
eul and conservative"
How about James 8. Elton?"
.'He was q worthy and respectable
man who never impressed me Of hav-
ing a great knowledge Of railroad af-
fairs"
How about Edward Milligan?"
''He made a good impression on me
when he first became a member of the
board. He showed desire to know
about things that were going on and
never hesitated to speak out in meet
ing. This was rather unusual in al
Connecticut director"