The evening herald. [volume] (Albuquerque, New Mexico) 1914-1922, 1914-04-10
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came az the end of morning of eX.
ANIMATION OF witnesses who refused
20 answer questions intended 90 de-
NeioD evidences uf dealings involving
millions OF dollars ON the advice
OF thcir attorney they denied the
right of the interstate commerce COM
mission to inquire into the tnunC ia|
affairs between the company and the
railroad.
When the hearing adjourned there
was probability that the testimony OF
Charles -. Mrllcn, former president
of the New Haven system, might be
delayed to await the outcome OF the
mandamus proceedings.
Washington April TO- Further in
quiry into the financial affairs of the
New Haven railroad was begun bS
the interstate commerce commission
today after several weeks of inVcstigu-
tion of the books of the company
The inquiry. uadsr the direction OF
Commissioner McChord, Is boing
made In compliance with senate
resolution directing the commission
to develop all facts regarding IN,
New Havcns banking connections
the purchase of lts subsidiary prop
critics, the money paid for them and
the emolumcuts or commissions paid
FOR negotiating the various transuc'
tious.
Mir McChord announced that the
principal subject tu bee considered al
| present was thr relation Of the bil
lard company tu the financial opera
tious OF the New Haven Walker -
Hines. counsel Ton the present man
inEcment, said ut the opening that u
was the policy OF Chairman Elliott it
| Co-opcrato with the commission ant
furnish all Information. Harry v
D.. IH.# H.Ha AIs.HH| fIHIH u
National bank of Ncw Haven, Conn.
the first witness refused 90 tcsufl
az Co his business relations with th'
J Billiard company. lie said he Wal
not now "a stakeholder In that com
pany but had been up to last fail
Judge Stoddard. counsel Tor tn
| New Haven. explained Mr Whipplc
| declinatiou TO answer certain ques
tions,
we challenge the rights OF IA,
jurisdiction of the commission said
! he. TO inquire into any act uf th'
! Billiard company our conclusion d
! that such an inquiry would b. hcyou,
| the scope Of the commissions author
ity. Acting on that conclusion W.
| have decided tu decline Go auswe
questions relating 60 such matters.
| suppose suggested chief toun
sci Folk of the commissioR that I
! can be shown that the Billiard com
| pauy owes ihc New Haven railroad
| many millions cot dollars. do yoi
| think that it would be- desirable q
| conceal this fact lu view uI the dcslrl
of the senate Tor the Information ''
| "l think Interrupted Judge Stud
dHrd, that the senate resolution hH
gone far beyond the powers either o
| this commission ur of congress
Neither thc commission nor cougrcs
| has any power Co IEEestlgatt the re
I NHH .H.H HI
ANA the New Haven railroad.
4 series OF questions was put q
| IWhipUle Intended Co develop tNldpur
uf financial relations between the Hil
lurd company ana the New Haven
OF the Billiard company and the NcN
England Navigation company. II
declined bon every Instance 600 answer
| Counsel fuI the commission sad
Mr Whipple had been directed D.
subpoena tu briuB books document
land contracts of The Billiard compan,
| Are sou prepared. hc inquired
'to produce those books and docu
lWent4 f'
and declined tu say whether his rc
tusai was or was not because "a
books were too bulky
! To samuel HcmcuwaN, president a
| the Second National bank ul Ncl
Haven. similar line ol questions wa
put TIE also declined 20 answer.
a. = May treasurer of the Nci
Haven. testified thai the road did ma
hold securities ut the New Englau
Navigation company but did own al
the stock.
"Mh8t obligations uf John l.. bll
lard, or of the Billiard COMPANY. Wer
held by tho New Haven m the NCi
England NAVIGATION company F'
| "Only such replied Mr. Nav. "a
were necessary 90 the conduct OF th
lanHirs uf the Sew Haven
did Mr Rillard give his note I
the NCw Englaud Navigation CON
PAM for S20.TaI sou 900
~ think so." adding he though
the transaction WHs ln COuneetIo
with tho acquisition of the Bostou
Maine stock
Mr May said he know nothiu
about million dollars snld tu haV
hecn turned over hy the Ncw Englnn