Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1915-04-30

i9O0|
After a wrangle of counsel, he was
permitted to say
Il accepted SO as to crafty Presi-
dent Mckinley"
What did you do I'm regard % the
New Haven railroad and the Har-
vester company?'
Action was taken against the New
Haven An Investigation was made OF
the Harvester company and 1t was
reported to me that II was all right
Now, for the Tennessee Coal q
Iron and the United states Steel cor
poratiou2'
Tennessee Coal q Iron.
when the merger first took place
understood the Tennessee Coal COM
pany was so weak the steel corpora
ton did not consider il Il dangerous
competitor. The steel company con-
trolled about go per cent of the total
output The Tennessee had L 9-10 per
cent of total output. Subsequently the
output Of the steel corporation
shrunk TO SO per cent. The action oc-
CURED during the height OF the panic
of 1907 The prime interest of every
citizen was that some measure
should be taken TO stop the panic and
restore confidence. In New York the
situation was trembling as q hair as
to whether every business would have
TO be shut up. one night | received
notice that next day Mr.. F'rick and
Mr.. Gary of the steel corporation,
would come to see me. / had received
thousands Of appeals to do some
thing"
The counsel for the plaintiff OBJ
jected at that point. II was overruled
and the colonel continued:
81 notified the attorney general to
meet the two gentlemen. lie was In
Baltimore and could not get there.
l then invited Mr. Root Mr.. Gary
said II pierpont Morgans company
took immediate control of the Ten
nessee the stock Of the company
would be enhanced in value and that
the result would be the end OF the
company,
Mr.. Gary told me the Morgan
company did not want TO buy the
stock as they were trying to reduce
their holdings
COnfers With Trust Magnates.
81 asked them to wait until the at
torney general got over from Balti-
more They said the situation was
acute and that if something wasn't
done before the market opened, the
crash would come. | called H. the
newspaper men and told them of the
action ] had decided to take The
news was printed all over the coun
try and the panic was stopped.
while you We're governor and
president was there any invisible gov
ernment on your part?'
There was not one particle re-
Al a. .l..
sis.
Mr.. Bowers then went on to ask
the colonel about a speech he made,
"Mr. b." and "Mr NJ Barnes and
Charles f. Murphy, were identical
and that the former controlled AL
bany as the latter did New York.
81 object" said Mr. lvins. IF we
start that Wen have to investigate
New York and Albany"
Bowers Grows Sarcastic.
"You don't know how much You
frighten me-" Mr.. Bowers replied
did the attitude you took in your
speeches after 1911 differ from the
attitude concerning Mr.. Barnes you
took in 1902"
An objection was sustained.
Mr.. Bowers produced a letter
Did you see this in the spring of
1912"
Yes"
"How did you happen to see it?'
"Mr. Charles II. Duell gave II 20 |
me upon my return from South |
America, May, 1914"
The letter was offered i'm evidence. |
Justice Andrews read the letter, |
which was written by Charles ;. /
Whitman, now governor of New York, I
who was then district attorney of New |
York county.
1t was written on the stationery of I
the district attorneys office. The |
part read was as follows:
Letter From Whitman.
an line with our last talk, agree !
with you that the time is ripe for an !
alliance of the progressive republicans /
and the members of the national pro-
gressive party as well as all good cit- |
zens sharing their opinions to rid the 7
state Of the kind of party control |
which Is mainly responsible for cor
rupt conditions which have been /
clearly shown in the various examina-
tions and Investigations which have
been had during the past year These
conditions are not localized and the |
men and the policies responsible for
them are not confined to any party,
did you understand that letter re-
ferred to the plaintiff here?
Il did"
A letter written by Harvey ID. Him
man during the 1914 campaign was
also produced. In it, he said he
thought the time had come when the