The sun. [volume] (New York [N.Y.]) 1833-1916, 1916-02-12

qulry, explained fully to him t1rat the
exact date Of Mr.. Morgan's return was
indefinite, owing to thu extent Of bust
ness matters that he was obliged to
cover. Mr.. Morgan. q, will he rcmem-
bered. APPEARED as a witness before the
committee severa, weeks ago and at
that time he oppressed n desire TO serve
tho committee In any way that he could.
His trip to Europe was planned as long
ago a. last Sovember. Moreover, as
the chairman IL perfectly we'll aware,
there are several other members Of the
firm In own available to testify any
time If desired"
! II was added that Mr.. Morgan would
probably be away at least six weeks, as
was announced at the time 81 his sail
ing.
The publication OF the letters Of T. A.
Gillespie. in which a reference to Lem
ucl Ely Quigg was made ~ the man
ncares, to Gov. Whitman. led the con-
tracing company's representatives 70 re-
fuse yesterday to permit Perley Morse,
tn" committees accountant. 10 xaininc
, any further into Mr.. Gillespie's hooks at
4 the ~company's Office. A subpoena was
| Immediately issued for T. D.. Gillespie.
the vice-president OF the ompany di-
| recting him to produce the books before
IN" committee. A process server re-
ported that he could not find Mr.. Gillespie.
and Senator ThomtSon directed that a
subpoena be served upon any ono to lie
found IN the Gillespie office.
A short time later Mr.. Gillespie APP
peared with his counsel. g. A.. de Gers-
dorm Of Cravath q Henderson. Mr.. de
G"rsdorr sough; 10 make some arrange
ment under which the examination OF
the books could be continued without
Juggling all Of them to the committees
meeting place. No such agreement, could
I've rcacli-l. however. and Senator
Thompson ordered Mr.. Gillespie 10 pro-
du"" the books this morning. Mr. de
''rrsdorT said he would hire a few trucks
ms morning and have the books brought
before the committee.
During the hearing yesterday the ex.
animation Of Mr.. Fisher war interrupted
while Senator Thompson read "A letter
from John 4. Wilson Of Washington.
lie said he Was the larges. Individual
stakeholder Of the marlborough. own
ing more shares thar all Of the directors
combined. When the value OF the letter
was questioned. MIR. Fisher said Mr.
4 Wilson was all right. hu. he regarded
him 49, a Chronic kicker
Approving the Investigation. Mr.. VII.
son charged that the directors were
manipulating the company for their per.
sonal profit. lie said that three sep.
II Guns ~ INV Nv NV " TX
August Belmont and Others. lie said
the suits werr brought by Clarence II
N"nn.r. Frederick Aver and himself 81,
compel them TO account TO the conpan,
for several millions. the value ~ STOCK
issued TO them in contrayention Of The
laws Of New York upon considerable
so grossly Inadequate az 20 amount t,
fraud"
Mr.. Fisher explained tina. u the In
4
held by the marlborough Consolidate
Company me hat OF the lI,S7c shares
outstanding Mr. Wilson is the owner o
200. MIR. Quackenbush, general coun
sci for the PETERBOROUGH. explained tina
the suit Of Mr.. Nenner has been decide,
, by the Supreme Court in favor OF Mr.
Belmont and the other defendants an
that a nnsl decision is now pending il
IA. Court OF Appeals.