Arizona republican., 1915-12-17
HARVARD AND YALE n THE
 PACIFIC NETTED NEAT SUM
IRepubnean A. P. Leased wtreI

TRepubHcan A. P. Leased WfreI
 NFW YORK. Dee le.-Thc t,ueIrG financial transactions alleged to have been engineered by Edward l. Dob bins. former general coonsc of the New York. New Haven and Hartford laiiroad. (" get tbo steamship HolNar3 and Yale To the Pacific. nctred him d profit Of S6Nl .0oo accordin@ to the reckoning ot the 2ovcrnmeut counsel. rom testimony udduccj today in the tri4i Ht Robbins and ten other former directors pf the New Haven road charged Wi5F criminal violation or tho sherman law.
 In am effort tu lnraNcl the Sk,in the -"N"r:lmant called tu tnr stand Warren p. Chase of Hartford Conn. Robbins cnicf agent in the transactions and half g duZeu other witnesses who Iartici- l3ted ip them. ncludnl men ,.ho handled million drIlar checks as urfi- .tIS og some of the so-caIed Robbins companies without knoWin4. they con tes~ed where the money came from or here fl was soiu4
 fa- devious trail began with inc Bill '1r' company in New York shutt.ed thruu-h a half dozen New York banks. lnnned to the Pacific coast and back .'nu ."d also to Hartford. Boston. Pert land and Augusta Maine The trans actions had their center in Charles W 1torsr.~ dcfunct NetrouoIitau steam ship company Whic ho,yned thc liar F.rd and Yale anG four frei2ht boats The government alleges that thr Nc.y Haven wanted to get rid Of inc cumIc- HJou uf Inc two passenger steamers md gain control of thc trcight boats
 md hat in behalf of the New. Haven tapbiu- devised the scheme bv which il eouId be- done. The scheme included. according to the testimony jodyy tho .'Lanjz3tion uE the Nctrurnlitan Steamship company. the Shilnar, company. the Pacific company and th. Pacifir Navieatiou company. all rraught into existence within q months time and involved also the BiI- Lard eompanE. the Metropolitan Steam ship ,cmuaGv of New Jersey. tho Ea~r- crn Security company and the Eastern steamship corporation
 With Robbins pictured a- n- oirret- 'ne genius of the activities of these companies the testimony de~clined the sPitchiug back and forth among them "t heir stocks. bonds. notes. checks or cash with the net result. il appeared that the Harvard and Yalo were leased To thc Pacifci Navigation company. Robbins had an alleged profit ot SGPl- "0o the freight boats We're sold tn the Eastern Steamship corporation. stock in which was owned by the New Haven and Robbins became thr owner of N1uu shares pf thar corporation.S stock per ~ouallE both together being enough to cQnsttute majority
 Robbins alleged profits consisted os proceeds released from >315.ooo de- maud notes of the MetropoIitan Steam snip company of New Jersey. &-1oup from a similar demand not. s-n5oo0 in thiiteen checks from tne Pacific company whose stock is aileggd to have owned and ss4.ooo in two other cheeks which. I was testified. he turned ove-r To his wife who also held some of tu" Iaeilic comTauV stocks
 Warren D. Chase insisted that Rob bins had told him that hc had encaeeJ iu- the enterprise purely for his per sonal profit and that he never heard Eo} bins say the New Haven was in- tercsted in f, or know of any of Rob