New Britain herald., 1917-01-29
New York Banker AZ
Declares Boston h
ancier May Be Nj
tally Deranged
RENTED OFFICE To-
US. RESERVE BAa

But Insists There Was Nothing s
About the Deal-Denics Being
Pool to Make Sweep OH Presid
Note Leak-Records Show Bird
age House Sold 10000 OF Ste(
Rising Market.
New York, Jan. 29.-After de1I
at the leak inquiry today that hlel
had ever received from the tired
department "any advantages
any other Wall Street firm migh1
have received Pliny Fisk adm
that the federal reserve bank
leased offices in building owneY
his firm after he had suggestel
Secretary McAdoo that the a
were 1.-The best Of any in the SIRE
Decision to call Fisk was reache,
day at an executive session OF
committee and it's counsel, Sherma
Whipple.
Just before the hearing or,
Representative Bennett said that
mystery in paper in his posse(
showing that some one had the
sight to sell 10000 shares of ste4
rising market on hour! before
peace note was released, was q q
ing house record.
Fisk said he was closely assoc8
with Mr.. McAdoo in the buildinj
the Hudson tubes, his firm actin
banker for the construction, but
he had seen little of him since he
tered the cabinet.
Closed Up M'Adoo's Business.
Asked If he had anything I'D
with closing up McAdoo's bus1
affairs after he entered the tread
Fisk replied affirmatively. uncH
terinE the cabinet, Fisk said, Mo-
turned over IN W his securities.
~ bank and trust company stool1
risks firm and on them obtaind
loan Of $4,000. On January
1914, Fisk said, all of the securI
having been disposed of, the debt
liauidated and surplus was tuI
over to McAdoo.
Have you eyer purchased
caused to be purchased, in the
four years, any securities In WI
Secretary McAdoo was intereste
Sherman L. Whipple. counsel for
Investigating committee, asked.
I II have not, sir" Fisk declared
great emphasis.
AS one of the bankers for the II
son and Manhattan Terminals
which Mr.. McAdoo was presid
Fisk said, he came in contact
McAdoo and Harvey Fisk & Sons
which Fisk is member, also clio
up some of the secretary's huEis
when he entered the cabinet.
since that time he has lad no b
ness relations with him,
'In the last four years" WhiT
asked, "nava you made any rccu'
of the secretary"
"I have no1," Fisk said. ITO
a honneiy expression, T have lea
in tlat respect" s.
Fisk said lie had personal cnl
spendcnce with the secretary bat
preserved none Of il.
Rented Office to Reserve Ea.3.y.
HAS your firms" asked Wlsvj
lever enjoyed advantages in res
10 transactions with the treasury
partment?"
Never any advantages which y
1ther Wall street f=m might not !,
received replied the banker.
IT want to ask you qIsst
which it was decided by the comm
zee in executive session to put to "
rs it a fact that the federal reese
bank leased a building belonging
.ourI firm
Eyes, during the first year ane
1alf Of its existence"
The witness said that he, pcrsl
lilly. had nothing to do with the ]
rotations for the lease of the ON
% the bank. these having been CT
lucted by the agent Of the builds
he treasury about the matter - 81
sued the attorney.
IT think I did. / told him II
our offices were the best adapted
he bank of any in the street at II
ime I said I would be very gl
% have the federal reserve bank ia
/ lease Of our offices. 1t was Il
after the outbreak of the war. w
street was closed up and very {
offices were available" N
did you ask it as a favor"
IT did not ask it as favor. Y
thought we had right, however,.
Use any proper influence we CD
lse."
Two other concerns, he said, w
seeking to lease offices to the h1
1t the same time. N
MoAdoO Becomes Cool.
Mr.. Whipple placed before the ca
nittee the accounts of, the mar
N.f I'll