The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-05-28
SHIP DEAL MILLIONS
TRACED TO BILLIARD
Disclosure Of Source, Of Cash
at Hearing in Miss
MOrse's Suit.
BANK PRODUCES RECORDS
Ex-President Mellen Of New
Haven Will BE Cues
toned To-day.
BANK PRODUCES RECORDS

The money used in 1910 to buy a con-
trolling Interest In the Metropolitan
Steamship Company and to remove the
company as a competitor OF the New
Haven railroad In the passenger trafflc
to Boston by sending the steamships Yale
and Harvard to the Pacific coast came
from the Billiard Company, which has been
used on a number of occasions to engineer
financial deals for the New Haven which
the New Haven didn't care to be Identified
with publicly.
This fact became known yesterday at
the hearings before Special Master Mich
olas w. Blndsell of New Jersey. who Is
taking testimony in behalf OF Miss Jennie
r. Morse In her suit for the appointment
of receiver for the Metropolitan com
pany and for an accounting from the per-
sons responsible for the wrecking Of the
line.
The disclosure OF the Billiard Company
as the angel OF the transaction appeared
from checks and memoranda submitted to
counsel for Miss Morse by the Farmers
Loan and Trust Company. Witnesses
from the trust company were not called
yesterday to testify concerning the evil
dance OF the Billiard Company's connection
with the deal because Miss Morse's law
yers wanted to get other testimony on the
record first.
Think Records Prove Contention.
They thought that the records sub
mitted to them by the trust company went
further than any other evidence yet OBJ
tanned to prove their contention that the
New Haven interests were responsible for
dlsmembering the Metropolitan line and
to lay the ground for heavy damage suits
In the future.
The lawyers expect to prove that the
money supplied by the Billiard Company
to finance the metropolitan transaction
travelled In "A circle and that eventually
most OF II went back to the original
source. With the testimony yesterday the
lawyers got the alleged circular route OF
the Billiard cash about three-quarters
traced. They will delay calling other wit
nesses for Miss Morse until after certain
witnesses subpenaed by the defendants
have been heard.
Part OF this testimony for the defence
will be taken to-day at the Hotel Taft,
New Haven, where Edward u. Robbins,
general counsel and vice-presldent of the
New Haven road. and Charles y. Mellen
have been directed to appear. II Is cx-
pected that Mr.. Robbins will testify that
he engineered the purchase OF the Metro
polItsn as a private venture Of his own
while Mr.. Mellen will insist that he had
no knowledge of the Metropolitan deal a,
any stage.
Mr.. Mellen is expected to refer to a
letter he wrote in which he declined to
participate In the transaction in behalf
OF the New Haven. but counsel for Miss
Morse will contend that this letter was
written solely to make a record and that
thereafter Mr.. Mellen instructed General
Counsel Robbins to go ahead with the
deal
Billiard Disclosures Unexpected.
Lewis Cass Ledyard was to have been
called as n witness In Miss Morse's suit
yesterday. but the lawyers for the defence
suddenly changed their plan and said they
didn't know when Mr.. Ledyard would
be called.
The disclosures relating to the Billiard
Company came so unexpectedly that AL
bert Fuechsel. a clerk for the trust COM
pany. who had produced the records, was
In the witness chair ready TO be sworn
when the lawyers went into consultation
with James +. Koran, attorney for the
trust company, who had accompanied the
witness TO the hearing. 1t was then de-
clded to postpone the testimony OF
Fuechsel for a time.
One of the exhibits produced by
Fuechsel was a cancelled check for
sl15O 900. II was a cashiers check
drawn by the trust company's cashier on
the National City Bank. The check was
one OF those deposited In the National
Bank OF Commerce to the credit OF Ed
ward r Garfield. a Hartford lawyer. al
legged to have been acting for the New
Haven in the transaction. and then re-
deposited by Garfield In the Bank OF the
, Manhattan Company to the credit OF the
New England Securities Company.
This was the dummy concern organized
In Wall street office at the request OF
, Warren ID. Chase OF Hartford. one OF the
New Ravens legal stan, for the sole pur-
pose II is alleged. OF putting through
| the METROPOLITAN deal.
The money then wen, to the Metro
y ''tan steamship Company of Maine.
Part OF II went subsequently, to John w.
McKinnon OF the Assets Realization Com
pnny who delivered the majority stock
OF the Metropolitan. This is as far as
| the alleged circuitous route taken by the
Billiard money has been traced
The memoranda submitted by tho
! trust company states that on March s.
| 1910. which was on a Saturday and was
! the day chosen to put through a deal In