Norwich bulletin., 1915-04-30
How I. R. Ended
 Panic of 1907
HAD J. p. MORGAN TAKE OVER
 TENNESSEE COAL co. a.
THEN NOTIFIED PAPERS
Wrote District Attorney Whitman the Time Was Ripe to Rid State of Party Control Which Was Responsi- bIe for Corrupt Conditions.

Syracuse, N. Y, April 29.-Theodore Roosevelt was excused from the wit ness stand today after he had told his own story of how he ended the panic of 1907 and had identified a, letter in which Charles s. Whitman, now gov- ernor of New York, then district at torney of New York city, wrote that he thought the time was ripe to rid the state of the kind of party control which was mainly responsible for cor rupt conditions. 1t was Colonel Roosevelt's eighth day of testimony as a witness in the suit for alleged li- bel brought against him by William Barnes.
 Letter to Whitman.
 In the letter Governor Whitman de- clared that the men and policies re- sponstble for such corruption were not confined to any one party, but the colonel said he believed MT. Barnes was referred to-. William Loeb, Jr, the colonel's private secretary in the White House and later collector of the port of New York, was also a witness He swore that William Barnes, had told him that he had an agreement with Charles F. Murphy of Tammany Hall not to interfere in the selection of United States senator. That was in 1911, prior to the time James 4. O'Gorman was chosen. It was while MT. Loeb was on the stand that coun-
 
 futile attempt to get before the jury testimony regarding vice and gambling in Albany.
 How He Averted Panic. Of the panic of 1907 the colonel told l how Henry c. Prick and Judge B. H. | Gary, representing the United States Steel corporation, had come to him in the White House and told him that if | the J. P. Morgan interests could take | over the Tennessee Coal and Iron con- | pany before the exchange opened that morning the stock, much of which was | become enhanced in value and the bus | mess of the country, which was | trembling on a hair would not be suspended. The colonel told how he took action in the matter and then notified the newspapers of what had been done
 And" he said, with some display of pride, 'the panic was stopped
 No Invisible Government. l Colonel Roosevelt swore that he had | not heard the names of many of the men who were said to have contrib uted larger sums to his campaign | fund in 1904 until they were read in court during cross examination by William M. Wins. The colonel also made explanatory statements about his appointment of judges and his relations with former United States i C. speeches he made in which the name of MT Barnes was mentioned. Asked | whether there was any invisible gov | ernment'' while he was governor or president, the colonel answered: | Mot the slightest particle"
 Colonel Excused From Stand.
 The counsel for the plaintiff and the piece of important evidence adduced | today After the colonel was excused from the stand he paid close attention to the testimony of Mir. Loeb and of George B. Agnew. former state sena- tor.
 MT. Agnew testified concerning vot- ing in the senate upon race track leg islation and the manner in which, he said, Senator Grattan defeated the bill after he had been advised by MT.
 Justice Instructs counceI.
 Justice Andrews in a statement made to counsel during arguments, and while the jury was out of the room, asserted that no evidence had been produced connecting MT. Barnes with any corrupt connivance' in so far as the municipal government of Albany was concerned. Then he added:
 "Where the libel charges a man with being a thief, it Is not enough to say simply that the charge is true, but one must set up in the answer the facts from which the inference is made.
 sHere the charge is that MT. Barnes was corrupt in one way or another. You are bound not simply to say that the changes are true. You are bound to set forth the facts, which, if true, would constitute justification; they , have got to be set forth so that if the facts are true they would show cor , ruption.
 !, ''That you have failed utterly to do | r f~, oI,, league and gambling conditions, but I am inclined to think you have done 7 it with respect to the printing charg- es."