Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1914-05-20
new HAVEN loaned
D) NEWSPAPER NAN
FORMER REslDENT TgLLs or
FINANCING sosroh Pvs.
LEGATION.
COMMISSION sEEklNo
WIDE RANCE or FACTS
Plans to 90 Into Details Of Acquisition
Of Subsidiary -Ms,lsn Tells Of
Conference With Prssidsnt Roossvslt
and Warning Hs Received Regard.
ing Legality Of Transactions.

1
ing Legality Of Transactions.
Washington. May 20.-interest in ths
remarkable story being related to ths
interstate commerce commission b,
Charles s. Melien. former president o,
the New York. New Haven 4 Hartford
rairoad. showed no abatement wher
Mr. Mellen resumed testimony today
MIR. Mellen. accompanied by his coun-
sci. ]. w. H. Grim, seated himself a
the left Of the stand from which he /.
giving his testimony and chatted pleas
antly with several persons who greeted
him. He showed no signs OF fatigue
from his prolonged effort of yesterday
How long he may continue on the Wit
ness stand 1t was impossible to tell
Chief Counsel Folk said as he en-
tered the hearing room that 1t was the
expectation that Mr.. Mellen would b<
on the stand thruout the day and per.
haps longer
Slow Start Made.
I'VE have not yet gone into the mat.
ter of the acquisition by the New
Haven of the Rhode Island & Con-
necticut trolley line. We should be
glad to have some information concern
ing those Transactions
The proceedings again were slow in
getting under way. 1t was 10: 90 when
Mr.. Mellen finally took the stand after
few minutes conference with his
counsel. He was not quite as pale as or
yesterday. Commissioners McCord and
Daniels were at the commission table
when was a loan OF 100000 made to
Haskell. of the Boston Herald?" began
Mr. Folk
Two years or more before notes OF
Haskell were sold to Mr.. Billiard" MIR
Mellen replied.
Asked to explain the transaction he
said:
Il had known Mr.. Haskell some year,
and I laid the case before the finance
COMMITTEES and thsssagreed I'd the lOan.'
H Tstis Of Billiards Profit.
Details concerning the relations tn
New York. New Haven 4 Hartfor,
railroad and the Billiard company, thr,
which the latter or John L. BILLIARD
made a profit OF s2.70O.000 were giveI
to the interstate commerce commits
sion today by Charles S. Mellen. for.
lIcI pLSSluSHt VI VIE we" AldSeH
Toward the close of the morning
the purchase of the Worcester
Nashua & Rochester railway by til,
Boston & Maine was discussed. II de-
veloped that 1t had been brought abou,
testifying that Mr.. Morgan handled
the details Of that purchase. The road
cost the Boston & Maine nearly
s3oO0,oo0. Mr. Mellen. while he con-
sidered the property valuable. frankly
said he had not approved Of the pur.
chase OF the property.
Made Visit to Roosevelt.
Mr.. Mellen told Of the transactions
leading to the acquisition by the New
Haven Of the Boston and Maine. He
press Company wanted to sell it's hold
ings in the Boston and Maine and that
some OF the other large stockholders
would do the same.
Mr.. Folk read letter from H. NJ
whitney, written to Mr.. Mellen in May
1907, in which the Little Father a,
Washington" was referred to.
WHO was the Little Father at Wash
ington?" he asked.
Lets see. 1907" replied Mr. Mellen
. lhiHh pASpstpAS tloS wan hACSAaS''
Roosevelt"
''Did you have conference with
President Roosevelt concerning the
Boston and Maine purchaser" asked
Mr.. Folk
"I had" replied Mr.. Mellen. some
time in the spring OF 1907"
Warned Against Breaking Law.
What did Mr.. Roosevelt say?''
toll 90
CALL" said Mr.. Mellen. that he was
whether the law would permit any
assure me. II was In violation OF the
law. that would not be treated just
the Same as ANYBODY else: but the
reasons I gave. him why It seemed to
me desirable TO buy the Boston and
Maine shares. ne said. appealed to him
and II there were no legal questions In
volved. and II he were In my place. he
would be disposed to do what he
plainly saw I was disposed to do. that
IL. acquire the shares"
Quotes Colonel Again.
What reason did you give him fol
desiring 20 acquire the shares OF the
Boston and Maine Railroad?" asked
Mr.. FOLK.
1.-THE shares were going to be sold
In my judgment and they were likely
to 90 to lines possibly out OF the coun-
try, notably the Canadian Pacific or the
Grand Trunk. He sent me to discuss
the matter with Mr.. Lane. who was
then Interstate commerce commissions
er, and went and talked with Mr.
Lane. and then went back and saw the
president and I got this statement
from the president. that he could no,
help me in any way. shape or manner:
IL anything did was found to be In
violation Of the law; but. from my
standpoint. assuming that ] told him
the story as II was. It seemed to him
that II he were in my place he would
be inclined to make the purchase.
Thwarted z. n. Hartman.
''rten what aid you do after that In
terview?'' ~
Bought. Ny directors approved ev-
.erythinE I dtA before did IL but my
SAirsctors could not force me TO dis-