New Britain herald., 1914-07-14
EXAMINERS HAD FULL
 ACCESS TO BOOKS
] !. Morgan Denies Charge That Commissions Work Was Blocked.
STATEMENT ISSUED BY fINANCER

Copies of Sensational Report of tn6l
 New Haven Investigation Being { ! Sent to District Attorneys Wher-
 ever System Has Lines.
 New York, July 14.-AWhile J. F: Morgan & company refused to discuss the report of thu interstate commerce commission so severely censurins the 5 directors under the adrninistrati Of < Charles s 4llsn.sf tor reckless and profiigate ', hhanciat operations ses- ' tinnated toa have cost stockhplders ! from $65, ,000, DO Q to $sO 900, ,000s J,. F. Morgan himself denies the charge that the 4cornnnfssion's examiners were not accorded full access to the firms 8 books bearing on the New Haven.
 Correspondence n1ade public at Washington told of 6rnHlissio { McChord's directing therhief examl- ner to cease the work aSi it was use z less" < ~
 MT. Morgan,s Statement.
 Late last night MT. Morgan issued this brief statement in reply:
 ssThe information with regard to the withdrawal Of the interstate conn merce commission examiners from the examination of the books of our firm is the first intimation that | have had that they have been {. re- called.'' The New Haven situation is now out of the hands of the interstate commerce commission and what ac- tion, If any, is taken on the recom- mendations that the directors be prosecuted lies with the department of justice and the district attorneys, i in the states in which the company has lines. Prosecuting attorneys at New York, Boston, Hartford, New Haven, New London and other points have not yet received copies of the evidence. a
 Directors Are Silent.
 Directors and former directors of the road generally have refused to, discuss the commissions report. Mr. MeIlen, however. under whose ad- Is rninistration tho alleged acts con- plained Of were committed, branded [ f as '.a report of a political tribunal made for political purposes.
 2 The full board of the present New Haven directors is to meet In New M some statement bearing on the charges may be issued. MT. Mellen,s counsel J. w. Scrim. has issued a, , statement defending Mellen's actions. { He said that Mellen's private fortune when he took charge of the New Haven was a million dollars Now he added, it was far less than that. He added that if the government or s the stockholders began action against the directors of the New Haven rail- road to recover money alleged to have been improperly spent, as suggested by the commission, the directors would retaliate with what he termed an affirmative action in which the other action would be nullifed and much to theAcredit of the directors would be estab blished ?. 7 2 rait ak Directors. v .sThere xre < Ato Bs taken reams and rearns q testf lie said, which will be to credit of directors of the New Haven and of MT. Mellen. This testimony. which is all prepared and ready to be presented, never has been made public and will result in the vindication of MT. Mellen. The view now commonly taken of him will change nightly when the public
 
 pltshed.' z Ready to Prosecute.
 District Attorney Whitman reached N hisS office shortly before II o'clock and issued this statement:
 When these papers lrelative to the New Haven) reach this office they X will be closely scrutinized, and If we have, any reason to believe that any Iii r. ted by, any person connected with the New Haven railroad or It's manage nent in thisscounty an indictment will follow no matter who the per- < son may be- ssss z ..;t ;ts s W Before Senate Committee.
 Washington. July With it's un- measured denunciation of the '.mal- administration of New Haven nnan- ciaI affairs and criminal negligence. of directors, the interstate commerce comnlission's sensational report on its investigation of the New England railroad lines was today before the senate committee working to frame legislation for control of railroad
 financing. interlocking directorates .2.sa and other subjects concerned in the Investigation.
 Administration supporters declared that many of the recommendations of the commission agreed perfectly with portions of Presidents Wilson s trust Legislation program.
 xDepartment of Justice.
 The next step in New Haven's af- fairs, however, was expected from the Y department of justice. Apart from alleged violation of laws of states and
 liability of the New Haven'ss direc.
 tors, over which Attorney Genera