Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1920-06-17

by buying the floor the Stock Exchange such of the stock as
single which failed to make
payment for the stock which bought?
Was there single instance Of any
reputation attempt evasion part contracts?
proved and commended a settlement?
A. If did they openly?
price before the settlement made?
they yeverst intimate it?
4S Is possible under the methods Of the Stock 1 for
manipulate marketF
@ G 0S the met profits of the s Company the rate OF
I 1 s e s ss. % It's Ss not @ oa M R
ing power and market wel?,
Each and every one these findings is essential to
fair judgment the charges. truthful finding these
questions would only exonerate but would put the
blame where it belongs.
have not heard of any charges being brought against
single the eight Stock Exchange firms who
Sutz stock the Board Of Governors bengny
declared illegal moratorium for their benefit blush at the
implied compliment that singehandedy could entrap the
unwary send aoft single stock to ten times its alleged
actual value. dare say that my enemies
will found that could not all alone have
pished this gigantic achievement.
Surely that energetic committee which had made sui-
cent investigation up March 3st order suspension in
trading and has since piled its efforts with such unceasng
diligence order reach conclusion which would justify
charges found in its careful traces
at least of cooperation the part of those fygh "short
houses But if this has been the they have carefully
omitted to state any document which have They
have been impartial enough to circulate monograph styled
presentation which could hardly be called exposition of
side of the matter But here too there is strangely
absence of reference cooperation the part of the
"short" members at stage of the Stutz matter.
ho;p
their part in this assault stock and these
gentlemen who sold short lifted to the circle of
judges with the supreme confidence that when appear be-
fore them their resenmen their losses and the
disgrace of their futile attempts repudiaon all will be laid
aside and then at last the purity of their judicial peroga-
tive they will mete out to fair and impartial justice
Here my answer to all of this: want none of that style
of justice have made this fight for principle
to through with it, when resigned from the Stock Ex-
change did deliberately sufficient reasons then
stated and adhere resignation and refuse
from it, though the Board to offer me
in advance the testimonial of the whewash which has been so
carefully prepared for my adversaries.
shall fight the persistent deprecate the Stutz
Company which have been translated by the
nors even into their charges against personally
naey the business and standing of that company do not
need the favor of the Exchange but securely upon the
good Will OF the American people, Fortunately public
not stranger to what has since March last And
fortunately for meyes and for the Exchange itself
there is no longer place American institutions for sur
ViVa of the desposm and responsibility of czardom
Gentlemen of the Board of Governors you may lay aside
your pretenes You wait 23d of June You
may tell the public of the prescription which you have
written for which awaits only my appearance for formal
signature and summary execution. While l not gifted
with clairVoyance believe that with accuracy
hndg OF Guilty to charge that you your great soc-
tuae Tor justice may have prepared for If you will
OUT IN the open and give public trial with the benefit
OF my own counsel have yours will gladly appear
before you even though judges every one of them
SNORT OF Sutz because will present such that not
even partisan and interested judge would find against
me- But your invitation to appear chamber and to
JOIN with you in placing laurel wreath upon past and
present conduct of committees and furnish myself as
the sacrifcal lamb is respectfully declined