New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1914-05-31
Commerce Board Thinks
Him Unfamiliar with
New Haven Deals.
FOLK PLEASED WITH
BOOK EXAMINATION
Chief Counsel Coufers with Sem
ators at Capitol Regarding
Investigations.
Iron The Tribune Bureau. ]


Washington. May 3o.-Joseph w. FOLK
chief counsel for tho Interstate Com
rncrce Commission. had long confer
enco to-day with the chief examiner in
ehsrge of the investigation of the BOOKS
Of J. z. Morgan & Co.. relative to the
Now Haven transactions of that hrm'
Mr.. Folk declined to discuss this confer
ence beyond saying that he was pleased
with the way things were going in New
York
Following this conference Mr.. Folk went
up 10 the Capitol for a conference with
some OF the Senators. Although he was
sun uncommunicative it was learned
that. in addition TO the New Haven, other
probable Investigations, among them the
New York Central. were discussed.
II is not probable that the offer of J.
y Morgan to come here and testify Will
be accepted. So far as known no such
offer has yet been received. MI Morgan
If was intimated at the Office OF the In
icrstate Commerce Commission, had been
z member Of the Board of Directors OF
tho New Haven only a short time, and
consequently he was not expected TO be
familiar with the transactions concern
ing which the commission is seeking
light. When it was pointed out that Mr..
Norran perhaps had an intimate knowl-
,doe of All the New Haven transactions
the renly was that Mr.. Morgan's knowl-
edge had come TO him from some one
else.
Mr.. Folk is planning 10 go to New
York on Monday or Tuesday. and may
have a conference with Mr.. Morgan, or
mis- attorney. to determine whether or
not any testimony Mr.. Morgan might
give would be of use There is not
much doubt however. that Mr. FOLK or
those interested in the investigation are
not anxious 10 have Mr.. Morgan go on
the witness stand. Neither do They APP
near 10 be anxious 10 have Lewis Cass
Ledvard. who offered 10 waive immunity,
tell his story OF the New Haven trans
action.
A number Of former and present di-
rcciors OF the New Haven will be here
uleG 70 be resumed, and Mr.. Folk de-
clared tonight that they would be put
on the stand. Among them are Messrs.
Ninot, Elton, MclIsrg and Skinner.
George S. Baker is to be here on Thurs
day and will probably go on the stand
II the hearing is not discontinued.
Mr.. Folk had a conference with Joseph
7. Tumulty. secretary TO the President
last evening but he insisted that 1t was
on matters other than the New Haven.
Attorney General McRcynolds is anK-
iously awaiting the results of the corre-
spondence between the President ard
Governor Walsh relative TO the passage
by the present Massachusetts Legislature
Of the amendment TO the charter OF the
Boston Railroad Holding Company The
ATTORNEY Generals whole plan for the
dissolution of the New Haven hinges on
this legislation. and. unless ii is passed
before the legislature adjourns, it Will
interfere with his programme.
Although no date has been set for a
further hearing on the Cincinnati, Ham
ilton e. Dayton transactions of the Balti-
more & Ohio. il will probably be held the
latter part OF the coming week. Mr..
Brandeis, who is conducting this investi-
cation for the commission, il is said, will
call on Samuel Rea, president of the
PENNSYLVANIA Railroad, to tell what he
knows about the unloading Of the Gin
cinnati, Hamilton & Dayton on the Bal
timore q Ohio. Mr.. Rea was member
Of the Baltimore & Ohio committee which
negotiated this purchase with ]. p. Nor
gan Co. George W. Perkins. Mr.. Will
Il ra cd
gan & Co, in the negotiations. The ne
gotiations were completed in 1909 AS
Mr. Willard did not become president
until 1910 Mr.. Brandeis, IL is understood.
wants TO learn Of the reasons for the
purchase from some one more familiar
with it,