The New York herald., 1921-09-29

mot necessarily"
Were you worth $25,000?"
II had investments at that time that
ii they were realized upon might accrue
S25. 000."
You think that would cover it?''
1T is pretty hard 10 say, Senator
That all bears on how man views
himself. Personally. ] was what
thought In very moderately comfortable
circumstances"
did you own house at that tiinc? y
Yes. sir, did. The house was worth
probably $4,000 and was mortgaged
for $1,000
Il ask you IL you think that $4,000 is
fair estimate of what you were worth
when you retired?'
well, $4,000 would probably fairly
represent what l possessed at that time.
but I had some investments that sub
sequently proved to be quite valuable.
you went largely into the pier busi-
ness. guarding the piers?"
| II went into the pier business"
Mr. Hughes went into details explain
ing his business He went over the list
OF his clients. including prominent firms,
and showed what service he gave He
complained bitterly OF his treatment by
the committee.
Discrepancy i'm Bank Account.
Going into the Hughes account with
the Is. r. T. during the strike In which
the Hughes agency was employed. Mr..
Brown said his record showed the rail-
road company bad paid $4,000 In one
month and the agency's 3. r. T. deposit
account showed only s11.SS5. Mr.
Hughes said he would check up the ac-
count and report on 1t to-day.
The Hughes banking account showed
| Withdrawals of cash amounting to $24,-
900 overa period of a year. with no
trace Of what was done with the money
Mr.. Brown said. The counsel asked
| Hughes to look that up too.
The Wall Street account show these
transactions June 30, 1919, Hughes
! bought 200 shares of 3. r. T. for $6.00o
which was sold in July following for
| s6,262: August 81. 200 shares OF U. 8
Steel for $20.705. and sold month later
for a slight gain. October "a Hughes
made a $4,000 deposit; December 5. d
| $1,000 deposit. and the account wal
closed December 80. 1919. Hughes said
he had no dealings with Ryan except the
| stock transactions.
| Auditore greatly amused the audience
as he told of his trips around town with
| Hughes and of their exchange Of haber'
| dashery presents. The witness re.
| affirmed all his former testimony ant
elaborated upon 1t, setting forth how he
| said he had put Hughes in business.
''As for Eddie Hughes saying he eve,
| bought me a dinner" the stevedort
roared. II don't think he ever had
pockets in his pants when he went out
! with me- The only time he ever gave
me anything was when he took me to q
saloon--that was before prohibition
| and said he wanted to blow mo to q
bottle OF wine When I started to pay
| for 1t he said, Don't pay for it, and we
walked out without paying. He said
| needed some one like him to pilot me
around. He thought because / was good
| natured / was fool.
Mayor Hylan issued another state
ment last night, the second In two days
in relation to THE New York HERALD's
| editorials criticising the administration
of the city's piers. The subject of the
editorials was testimony given before the
Meyer committee that the cost to steam
ship companies of policing piers in New
| York is upward of $50, 100000 a year.
! Even that figure represents only one.
half OF one per cent. Of the total amount
4 Oh exports anu. lilpOItSs tHc AudyOi Stlu
Policing piers at private expense is 8
practice that has prevailed since the
piers were built, the Mayor added.
Mayor Gaynor would not permit the
police to go on tbs piers. holding that a
steamship company was not entitled I'd
such service. Mr.. Hylan said. When
leased to corporations the piers become
private property and should be pro.
tected as such. the same as is all other
property. the Mayor contcnded.
Losses on private piers often are 'ir.
side Jobs the Mayor said. There Il
nothing new In the Meyer committee,
discovery that piers are policed at bia
cost, Mr.. Hylan said. and II It were moi
worth while the companies leasing the
piers would not so to the expense. But
IL any private detective agency is guilty
| of holdup or extortion its license shoult
| be revoked by the Secretary OF State. II
| the Mayors opinion. The cost OF thi!
service Ia not greater now than 1t always
| has been. the Mayor said.