The Waterbury Democrat., 1932-05-26
Q-You paid no money7
 A-You know very well ! TO. peived the S2e,0oo and didn't pay

ceiyed the Sae,ooo and didn't pay it.
 The mayor said he didn't know who suggested his participation in the deal, which revolved around Cosden oil stock. "And it was late and after q ban. ouot.U ho added, "when the mat. for was first introduced. Somebody suggosted my coming In. was told fl wouldn't cost anything because the stock had already gone ID 10 noints, Later I was told tho pool was closed and that I had made . s20, 900 profit. 1 was asked whether I would take Cosden oil bonds In payment and said wouid."
 The record showed that the mayor received 33 bonds from John J. McKeon, q close friend, who delivered them to him ct
 Details of this deal brought . clamor of protest from the msner'
 aYou seem sensitive this morn. ing, Mir Mayor" Beabury re' marked after ono outburst.
 "No," the mayor said, pounding the arm of his ehair nervouBly, "i'm not sensitive, but I am com seioug of on attempted sheer on the part of an employe of the state of New York, You don't want to Do Impressed with my testimony" II am impressed" Benbury re. tortod, "but not by your throats.".. "I mover threatened anybody" the mayor declared. If you knew mo better you'd know that" Senator DunrIgan tnterposed with . denuneiation of "the repub. iiean majority"
 "seabury was appointed before you worc," ho yelled at Chairman Samuel Hofstadter, land you and your republican majority have let him run tho committee for 14 months. You republicans haven't run the committee. He has" The mayor again deniod cyer meeting Bisto but "onte or twice. Just casually" He reiterated that the stock deal on which he profit. cd had not boon suggested to him by sisto--so far as ho could re. collect. Bisto, Walker said the first time ho met him was after . banquet at. tended by executives of the Famous Players company including Adelph ney Kent and George Akerson, for. mer secretary to President Hoover. Subsequently, he admitted moteing Bisto in Atlantic City.
 Tn tho course of the testimony Walker revealed that in his public life 1T Bhake hands with q great. many people don't know, and try tot make them believe l do, but please don't tell them about t."
 Tho questioning then returned to tho bonds Walker had received for ifls profit on tho Cogden deai and Walker said fe put them in Q safe at his home, preeumed Mrs Walks or still had them but thath he bos iIeyed them to be worthleDe to-day,
 Senate r McNabe held up tho hearing for five minutes with tho ri would like to ask counsel # hs hasn't some ulterior motive.- the removal Of the niAy0r--the prefersr,iins s,i Of charses with tho gov
 "i won't answcr that questi.e,," seabury said. .'it would only lead
 "The lesisiaturs has . right to know what his purpose is," AS. semblymAn Hteingut tnterp0sed and Assembiyman Culllyier mumbled q flow words about conspiracy Do. tween Hofntadter and Beabury," which the chairman ordered strick. "TRs mayor then interrupted to say he needed no defense, and that he would like to get on with tho questioning. I. | senbury proceeded then 10 in. quire into . deal by Russei T. Sherwood, the mayors missing business agcnt, with ungerleider, stock broker and promoter, who was m important witness two dyas
 Walker admitted he had met met Ungerleider, but,denied know. ing anything of deal whereby Sherwood bought, and later sold, ,000 shares of Ungerleider stock.
 "Did Russell T. shewood have charge of your financial affnirs?" seabury asked.
 i, "No, he did not" Walker said He did me many services as an employe of Q law firm and that is
 P"Didn't you have . joint safe de. poslt box with him?"
 'sNo, l did not"
 "Didn't you sign an application
 "Yes, I did. But never used it. I have my own box. In the Corn Exchange Bank, and l pay $6 a year for 1t and its plenty big enough for all my purposes"
 | Watkar aakaA to read into the record his message relating. to in- crease of taxicab fares, as he said ito take away any inference or inc lnuendo that MT Sisto bribed me in lthe matter of taxicab control"
 The message dealt with a pro- posai to grant wide powers to the mayor for regulation of a business lsfor which the public pays $460,- IOOO a day." and with an ordinance l l"providing for better standard of management and service"
 The mayor vetoed the ordinance, land appointed instead a committee of five citizens to study the taxieab situation.
 "That commission was appoint ed and the ordinance was vetoed" he said, land thus the Parmalee |Taxicab Company lost, through the faiIufe to put through increased rates. at least s1.000,000 year.
 "I say that to show what influ- lence my actions might have had on Parmalee Taxicab bonds.~
 The hearing recessed at this lpoint for luncheon.
 Dancing Added to Curriculum