Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1914-07-14
FILING OF REPORT OF COMMERCE
COMMISSION ADVANCES
CONTROVERSY.
RETALIATION THREATENED
BY MELLEN DIRECTORS
Attorney Says Counter Suit Will Be
Brought If Stockholders Push Action
Against Former Officer Of RaiIroad-
MelIen Terms Commissions Report
as Political Outcome.

New York, July 14.-While j. P.
Morgan & Co. refused to discuss the
report of the interstate commerce com =
mission severely censurins the direc-
tors under the administration of Presl-
dent Charles w. Mellen, for reckless
and profigate financial operations" es-
timated to have cost the stockholders
from s65,OO0O 900 to s90.060,000, Mr..
Morgan himself denies the. charge OF
the commission that the government
examiners were not accorded full ac-
cess to the books of the Lanking firm
bearing on the New Haven.
Correspondence made public by the
commission at Washington told no"
Commissioner McChord directed the
chief examiner for the commission to
cease the work, as it was useless
Late last night Mr.. Morgan issued this
statement:
"The information with regard to the
withdrawal of the interstate commerce
commissions examiners from the ex-
animation of the books Of our firm is
Tie uI6S hAIAAAAolAoAA 49, =
have been recalled"
Now Up to Prosecutors.
The New Haven situation * now out
Of the hands Of the interstate COM
merce commission and what action is
taken, If any, on the Recommendation
that the directors of the railroad oe
prosecuted lies with the department OF
justice and the prosecuting attorneys
Of the states traversed by the New
Haven lines. Prosecuting attorneys IN
New York, Boston, Hartford, New
Haven, New London and other cities
have received no copies Of the evidence
as vet, but it is understood that copies
/ are on the way. District Attorney
Whitman, who has been In Newport
WAS expected here today.
Meiten BStittiss Nspsrt.
Directors and former directors of the
road have refused to discuss the com
mission's report. Mr.. Meilen. however
under whose administration the al
legged acts were committed. branded It
/ as "a report of a political! tribunal
made for political purposes"
The full board of the present New
Haven directorate is to meet In New
York on Thursday. At that time some
statement will be issued.
Meiien Defended.
Mr.. Mellen's counsel, j. w III. Grim
has issued statement dasending Mr.
Mellen's actions. He SAID that Mel
lens private fortune when he took
charge Of the New Haven was $1,000
600. Now 1t is far less than that. He
added that If the government or the
stockholders began action against tho
directors Of the New Haven. as sus-
gested by the. commission. the direc'
tors would retaliate with what M
termed an action by which the othe,
action would be nullified ard much II
the credit Of Mr.. Mellen and the Other
directors would be established.
To Be Punished If Guilty.
District Attorney Whitman reached
his office shortly before II o'clock ane
issued this statement:
when these ppaers (relative to th'
New Haven) reach this Office they viii
be closely scrutinized and II we hav,
any reason to believe that any crime o
any kind has been committed connected
with the New Haven railroad an in
dictment will follow no matter WHOM
| the person may be-"