. Hwnitig Jjj 0tt$ mm. '
pnPTT.wn. OREGON. THURSDAY. FEBRUARY 1, 1913. PRICE FIVE CENTS.
x
VOL. LI NO. 15,971. , . . '
STEEL MEN PLEAD
Too Late to Interfere
Now, Is Defense.
DISSOLUTION IS RESISTED
No Secret Kept From Roose
velt, Answer Declares.
CARNEGIE HAS NO VOICE
Rockefeller Declare They nave Had
5o Connection With Business
Since 101 Answers Are
to Be Filed Today.
TRENTON. N. J.. Jan. tl. Absolute
denial of alleged violations of tho anti.
trust law la made by the rotted Statea
Steel Corporation. Ita subsidiaries and
directors. In their answers, whlrb will
be filed tomorrow In the Tnlted States
Court, to the Government's dissolution
suit. Five separate answers will be
filed, among; S3 defendants.
The effect of its organisation, the
corporation declares, has been to
cheapen production, effect economy
and Increase foreign trade from 18.
000.000 to ISO. 000. 000 annually within
10 years. So long; has the Government
acquiesced In Its existence, the answer
ays. that It Is now too late, as a mat
ter of equity, to Insist that Ita organi
sation waa Illegal.
- All Told to Roosevelt.
Nothing; was withheld from Presi
dent Roosevelt by Messrs. Gary and
Frlrk on November 4. 1907. the answer
ays, when they sought bis consent to
the corporation's proposed purchase of
the Tennessee Coal A Iron Company.
nor were the so-called Gary dtnnera
productive of agreements to regulate
prices.
The answers made public tonight
are those of the Eteel Corporation.
Andrew Carnegie, John D. Rockefeller,
John D. Rockefeller, Jr.. and Edmund
C Converse. The Rockefellers make a
Joint answer.
The Rockefellers deny that they had
an active part la tha formation or the
management of the corporation, the
elder Rockefeller declaring that he bas
had no Immediate relation to tha Iron
or steel business since 1901.
Caraesle Slleat Faster.
Mr. Carnegie says he bad no part In
tha plana for organizing the corpora
tion and no voice, direct or advisory.
In Ita management. He admits selling
tha Carnegie Eteel Company to the
I'nlted Statea Steel Corporation, but
denlea that the acquisition by the Car
negie Company of Its subsidiaries was
in restraint of trade.
The answer of Edmund Converse, a
director of the Eteel Corporation.. Is
similar to the corporation's answer.
Tha answers to be filed tomorrow,,
with those filed Monday by the Minne
sota group of land and mining com
panies and five individuals named aa
trustees, will complete the answers
from all 6 defendants named In the
suits. The next step will be the filing
of replications by the Government,
.which must be done within 10 days
unless an extension of time be given.
After that a Commissioner will be ap
pointed to take testimony.
Caraegle Aaawers Separately.
The 13 allegations to which Mr. Car
negie makes reply are arranged in the
Government's bill of complaint under
the following headings:
1. Conditions before the consolida
tion or 1538-1900.
2. Consolidations 1J9S-1900.
3. Conditions leading to formation of
I'nlted Statea Steel Corporation.
4. Formation of I'nlted Etates Steel
Corporation.
6. Capacity and extent of properties
brought under combination In 1901.
. Acquisitions subsequent to the
original combination.
7. Position achieved by the corpora
tion through the ownership or control
of coal, coke, iron ore. and transpor
tation. 5. Extensions and earnings.
9. Charges as to the properties of
various constituent companies.
10. Consolidations.
1 1. Pools and agreements.
12. Interlocking directorates.
13. Combinations other than written
pools and agrements.
Answering the first paragraph. Mr.
Carnegie says he has knowledge of the
allegations and does, not admit their
truth.
Greater Effleteaey Sought.
He denies that the combinations
grouped In the second paragraph were
In restraint of trade, declaring that
they were effected with the view of
greater industrial efficiency and the
legitimate) enlargement of business.
He admits that the allegations In the
third paragraph are correct in that It
was the Intention of the Carnegie Com
pany to continue enlarging Its capacity
as the development of its business re
quired; but It had no ambitions plana
involving further elimination of com
petition and restraint of trade and
commerce.
Answering the fourth paragraph. Mr.
Carnegie says that he sold his stork
In the Carnegie Company outright, and
took no pat i in the organisation of
t Concluded on Face 8.)
RIGHT TO
CONTINUE
$10,000,000 DEED
OF MORTGAGE FILED
rOKTLAD, ECGEXE A EASTERN
RAILWAY TO ISSUE BOXDS.
Company Proposes to Start Work on
Electric Line as Soon aa Weather
Settles Franchise Sought.
" EUGENE. Or.. Jan. JL (Special.)
A mortgage deed given by the Portland.
Eugene Eastern Railway to the
Trust Company of America to guaran
tee the Issuance of 310.000.000 of bonds,
was filed for record here today. All
the tangible propertiea of the railway
company In Eugene. Springfield. Al
bany. Salem and Corvallla. and the Cor
Tallis Alsea Railroad are listed and
described In detail.
No mention Is made of rights-of-way
now owned between Eugene and Mon
roe, further than the section that all
properties acquired in the future shall
come under the terms of the mortgage.
One million, two hundred thousand
of the bonds are to be taken at once,
without condition further than that a
J50.000 mortgage on the Monroe line
shall be paid off. Further bonds are
to be Issued aa fast as new railways
or power plants are acquired, but not
to exceed $30,000 a mile for roadway.
The million and over now available
la fully aufficlent for the line from
Monroe to Eugene, right-of-way for
practically all of which has been so
cured. Construction Is expected to
tart Just aa aoon aa the weather
settles.
The road filed similar deeds at Al
bany for legal record in Linn County
and at Corvallls. Benton County.
The company proposes to have -an
electric line in operation between Cor
vallls and Eugene this year, having al
ready acquired IS miles of roadbed
through the purchase of the Corvallls
Alsea road, and haa applied to the
Corvallls City Council for a franchise
to operate a streetcar system In that
city.
NEW PROJECTS REJECTED
Democrats on Rivera and Harbors
Committee Reverse Attitude.
OREGONIAN NEWS BUREAU. Wash
ington. Jan. 31. Representative Hawley
was today Informed that the Demo
cratic majority of the rivers and har
bors committee had tentatively decided
to Include no new orolecta in the forth
coming river and harbor bill, it having
been discovered several million dollars
can bo saved by this elimination. This
la reversal of their attitude of yester
day, and. while today's decision is not
final. It ta likely to be ratified later.
This will mean that the House bill
will carry no appropriations for the
Northwest, except for projects now
under construction. On these project
It Is expected that the recommendation
of engineers will be largely followed.
If the House decides to adopt no new
projects, there will be numerous Senate
amendments making appropriations for
new projects that have been approved
by Army engineers, and this will throw
the matter Into conference, wnere tne
Senate and House will fight It out.
M'FARLANDF0UND GUILTY
Newark Man Who Loved Stenogra
pher Convicted of Wife Murder.
NEWARK, N. J, Jan. 31. The Jury
in the case of Allison M. McFarland,
on trial for the murder of his wife by
cyanide poisoning, returned a verdict
of guilty of murder in the first de
gree shortly before midnight tonight.
The conviction of McFarland was
mainly on circumstantial evidence. His
wife met death on the night of October
17 last, when McFarland waa absent
from borne, by taking cyanide of po
tassium, which, the state alleged, Mc
Farland had deliberately substituted
for headache medicine.
The state Introduced mere than 70
letters which passed between McFar
land and his former stenographer In
Philadelphia, Florence Bromley, In or
der to marry whom, it was alleged.
McFarland planned to get rid of his
wife.
PARKER REACHES SEWARD
Mountain Climbers to Leave for Mo
Klnley in Day or So.
SEWARD. Alaska. Jan. 31. Profes
sor Herschel Parker, of Columbia Uni
versity, and Belmore Brown, of Ta
coma, arrived here yesterday on the
steamship Alameda. They will leave In
a day or two for Susltna Station on
their way to Mount McKinley. which
they will attempt to scale from the
northeast side.
. Merl L. Lavoy and Arthur Aten, who
are to go with the Parker-Brown par
ty, are now relaying stores of supplies
from Susltna Station. 150 miles from
Seward, up the Susltna River. They
have been delayed taking In stores
by the hard traveling resulting from
the soft Winter.
ALFALFA TILDEN'S FARE
Chicago Packer Says New Pancakes
Are Great Wheat May Suffer.
CHICAGO. Jan. 31. Edward Tllden.
president of the National Packing
Company, surprised his fellow de
fendants In the United States District
Court today by declaring that he had
eaten a breakfast of alfalfa, served In
the form of pancakes.
"There is a great future for alfalfa."
he said. "I predict that in five years
alfalfa flour will be so Improved that
It will be In general use.
"It may become a substitute for
wheat. When It gets to that point
wheat will sail for SO cents a bushel.'
: i
MEXICAN ARMY l!l
REVOLT AT JUAREZ
15 Reported Slain in
Looted City.
2 AMERICANS AMONG DEAD
Madero's Garrison Suddenly
Rises Against Him.
FIERCE SCENES ENACTED
Troops Rush . Their ' Commander,
Colonel Estrada, and In Second
Wild Mutiny Is On Foreigner
Flee to Safety In KI Paso.
EL PASO. Tex.. Jan. 31. The garri
son of Juarez, El Paso's Mexican neigh
bor across the river, rose In revolt at
6:30 o'clock tonight and In half an
hour were in possession of the city.
Looting and promiscuous shooting pre
vailed for hours.
The commander of the garrison was
thrown into prison, and the Chief of
Police locked In with him. while pre
vious prisoners were released.
Americans resident in' Juarez and
many Mexican officials and citizens
fled to the American side.
Shortly after midnight an Italian
Burgeon, holding a commission in the
Mexican army, returned from Juares
and reported that he had counted IS
dead. Including two Americans a man
and a boy of about 12 years. The boy
waa lying in the street, shot through
the heart. The surgeon said most of
the dead were near the custom-house.
Mo Dead Are Found.
Fleeing refugees. In a high state of
excitement and alarm, brought wild
rumors Into El Paso. There were re
ports that 30 persons had been killed,
but late tonight, when the shooting
and looting bad practically subsided,
reporters who searched the town were
unable to confirm these reports. They
brought back word that none had been
slain.
The outbreak began at 6:30 tonight,
when the 300 Maderlsta soldiers in the
Juares garrison rushed upon their com
mander. Colonel Estrada, and the chief
of police. Colonel Gallo, locked both of
them in prison and released all pris
oners In the city Jail.
Stores Searched for Ammunition.
Several hundred shots were fired
into the air by the mutineers to ter
rify the residents, and then stores In
the city et Juares In which there was
a possibility of obtaining arms and
ammunition were looted.
Selecting Captain Martinez as their
leader, the mutineers drove all Ameri
cans across the river, seised the Mexi
can Central train that was about to
depart for the national capital, and
sent soouts south to blow up the rail
road bridges and prevent troops from
reaching Juares from Chihuahua or
(Concluded on Pace 6.)
LITTLE GIRL NO, THAT ISN'T
v
X
INDEX OF TODAY'S NEWS
The Weather.
TESTERDATS Maximlum temperature, 63
decrees; minimum. 87 .decrees.
TODAY'S Fair; easterly winds.
National.
Child labor' bill amended so as te protect
privacy ot homes. Page 2.
Steel Corporations pleads acquiescence of
peat gives It equitable rlcht to continue
business. Face 1-
Fouttcs.
Vote In Fourth Oklahoma District - deeply
significant of Tail's growing strength.
Page 2.
Letters pour ta to Ben Selling arcing bim
to become candidate for United States
Senate. Face 20.
Domestic.
Ban Francisco Realty Board votes to In
crease commissions. Pace -6. '
Cardinal CConnell welcomed borne by great
crowds In Boston. ' Page 3.
Boy Scouts welcome Baden-Powell to New
York. Pace ft.
Weather expert Invents "frost alarm- that
makes automatlo forecast. - Face B.
Dei-row will ask for much time in which to
entsr plea. Face 4.
Cincinnati prepares to -welcome" hobos to
convention. Page a.
Great Britain fortifying Fanning Island la
Pacific Page 1.
Mexican army In revolt at Juarez; 1ft re
ported slain, city looted. Pace 1.
Labor unions object to system cards in
arsenal. Paca ft-
Detectlve Burns loses temper at Lorlmer
bearing. Page 6.
Sports.
Murphy-Hogan bout la draw. Pace 8.
New salary limit rule not vital In Coast
League. Page 8.
All-year "bush" league for San Francisco is
proposed. Paca s. .
Proposal to divide North Pacific racing cir
cuit to be opposed today. Pace 8.
Factfle Northwest.
Warring Idaho legislators, in calm, adjourn
sine die. Page 9.
Court forgives "pure-minded youth" alleged
to have cursed Judge In "Dr." Haxaard
trial. Page 9.
Jackson County Clerk Coleman and Game
Warden Klnley at peace. Page T.
Hoqulam would recall minister-Mayor.
Page 7.
Quake In Alaska is severest aver recorded,
lasting 60 seconds. Paca 1.
Portland. Eugene Eastern Railway flies
mortgage deed guaranteeing 110.000.000
bond Issue. Pace 1.
Witness In Tonne will case declarea $500
bribe was offered her for favorable testi
mony. Page 7.
Commercial and Marine.
Bulls mm In control of the coffee market.
Pace 19.
New record prices tor season in Chicago
oat market. Pace IB.
Steel and Union Pacific stocks break in
Wall street. Face 19.
Oralnhandlers, longshoremen, shippers and
grminmen In four-cornered fuse concern
ing trucking. Page 18. N
Eastern hop deslers say prices will bo high.
Page 19.
Portland and Vicinity.
January statistics show Portland Is main
taining its marvelous progress. Page 4.
R. O. Dun A Company report on trade con
ditions for 1011 and see bright outlook
for 1912. Page 13.
T. B. Wilcox emphasises necessity of open
ing direct market to Orient at Ad Club
luncheon. Page 12.
Msthodiet bishops In campaign for -Willamette
University fund. Page 11.
Witness called by prosecution says his sym
pathy Is for Wilde. Page 1.
Thlrty-slx students graduated from Lincoln
High School. Page 14.
Estimate Is made that farmers hold one
tenth of crop, or 6,000,000' bushels of
wheat. Page 14.
Gary. Indians, school Instructor, raps Boy
Scouts. Paca 12.
PEARL FISHERMEN SEIZEP
Italian 'Warship Captures Ship and
Bombards Two Villages.
PERIM, Jan. 31. An Italian warship
took ten prisoners from a native pearl
fishing vessel yesterday, and killed
two of the men who tried to escape
by swimming ashore.
The warship bombarded two coast
villages on January 24 and January
37. It is expected that Ilodelda will be
bombarded tonight.
MY DOG. HE JUST FOLLOWS
EVERYTHING.
QUAKE
ALASKA
SEVEREST KNOWN
Tremors Felt in All
Parts of Country.
GLACIERS GROAN AND CRACK
Valdez, Cordova, Fairbanks
and Seward Shocked.
PEOPLE RUSH TO. STREETS
Great Excitement Caused) by Vibra
tions and Much Speculation Re
sults as to Possible Changes
In Floor of Ocean.
VALDEZ, Alaska,. Jan. SI. Violent
earthquake shocks, the severest ever
experienced, were felt ever various aec
tions of Alaska today, the movement
being from northeast to southwest,
with oscillation through an arc of six
degrees.
From Cordova came word that heavy
shocks were felt far into the interior.
The temblor was felt on the coast as
far west as Seward, Fairbanks and 350
miles Inland, with reporta that the
shock waa most severe in the Tanana
Valley.
Buildings Sway Alarmingly.
At Cordova the first shock lasted 10
seconds and caused buildings to sway
alarmingly. Everyone rushed into the
street for safety, but no damage was
done.
A wireless message from St. Paul
Island says all are well on the Pribyioff
Islands. '
' Nine minor tremors of brief duration
followed the flrBt shock. Where there
are only two-story wooden buildings
no damage was done. Word has not
been received concerning the effect of
the earthquake on the glaciers and the
mountains.
Glaciers Groan and Crack. "
The glaciers In the Copper River
district groaned and cracked ominous
ly during the earthquake. Reports re
ceived tonight from points along the
line of the Copper River & Northwest
ern Railroad say Sheridan, Miles and
Child's glaciers gave off a sound re
sembling the booming of cannon as the
ice ground and cracked. The terrific
cannonading was heard 12 miles away.
At Flagpolnt the rumbling of Sheridan
glacier was heard SO minutes after the
first shock subsided.
The ' crevasses in the glaciers are
filled with snow and It Is Impossible
to ascertain whether the glaciers
moved forward. It is believed, how
ever, that the shock has so shattered.
the ice that when the glaciers become
warm In the Spring they will advance
and discharge more rapidly than ever
before.
Owing to the warm Winter and the
strong northwest current, ascribed to
CConcluded on Page .)
ME AROUND AND BARKS AT
BRITAIN FORTIFIES
SOUTH SEA ISLAND
FAN2TLVG IS LOOKED TJPOV AS
STRATEGIC POINT 3TOW.
English Syndicate Which Has Taken
Over Group In Pacific Eager
for Opening of Canal.
HONOLULU. Jan. SI. Confirmation
of a report that England was preparing
to fortify Fanning Island and to main
tain a coaling station there was re
ceived here today in private advices
from Fanning Island, which said that
the steamship Makura had Just landed
several big guns on the island.
SEATTLE, Wash., Jan. St. Reports
from Honolulu that the steamer Ma
kura has landed big guns on Fanning
Island In the South Seas indicate that
the British government is carrying out
a programme announced last Novem
ber, when a syndicate of British capi
talists took over the group.
At that time it was said that the
syndicate planned to establish a coal
ing station there for use' of merchant
and naval vessels, it being considered
that the islands would prove of great
strategic value after the opening of the
Panama Canal.
HORSES TAKEN FROM FIRE
Shops and Barn Barn Adjoining
... First-Street Bridge.
Twenty-six horses were rescued
from a burning building by policemen
with the entire upper part of the
building in flames and the fire drop
ping down Into the stalls occupied by
the terrorized brutes. The fire, which
broke out at 650-652 First street at
1:30 this morning, gained considera
ble headway before the alarm was
answered.
The barn is in the basement under
the First-street bridge, and shops oc
cupy the top floor. Patrolmen Black
man. Shaffer and Roberts, and Police
Captain Keller had considerable diffi
culty In taking the horses from the
blazing barn, many of the animals
striving to rush Into the building after
being taken out.
The building, owned by Albert
Shank, who lives on Second street,
near Hall, is valued at 11000. Insur
ance is $400. The stable was conduct
ed by Henry Kopp and the horses are
the property of street cleaners. The
top floor, level with the bridge floor,
was occupied by the shops of A. Gold-
blatt, cobbler, and H. Levoff, plumber.
SUFFRAGISTS TO . INVADE
Mrs. Hutton Sends Campaign Para
phernalia From Spokane Region.
SPOKANE, Wash.. Jan. 31. (Spe
cial.) Three hundred pounds of suf
frage literature over the Washington
"Votes-for-Women" fight, together
with banners, transparencies and other
campaign -paraphernalia, will be
shipped to Oregon suffrage headquar
ters this week by Mrs. May Arkwright
Hutton.
Mrs. Hutton will follow the shipment
later and plans to take an active part
in the Oregon suffrage fight, she an
nounced today.
"I have been requested by Mrs. Abi
gail Scott Dunlway, head of the Ore
gon Suffrage League," said Mrs. Hut
ton, "to give her the material left from
our campaign. I am accordingly ship
ping the last mementoes of the 1910
fight here. Some of the left-over lit
erature previously went to California.
"Later I plan to go to Oregon to
lend personal aid and will talk in favor
of suffrage whenever opportunity of
fers." MUCKRAKER NOT TO SPEAK
University of Washington Platform
Closed to C. P. Connolly.
SEATTLE. Wash., Jan. 31. (Spe
cial.) University authorities vigor
ously deny that Christopher P. Con
nolly, the muckraker, who Inveighed
against former Secretary R, A. Bal
linger in Collier's Weekly and who
has an article in February Everybedys
on "Big Business and the Bench," will
speak at the University.
It Is hinted that Connolly is too
partisan in his utterances to be per
mitted to speak at the university as
sembly. Then, too, since the regents'
ruling against assembly speakers -who
appear for personal advertisement,
more care is taken as to who is per
mitted to air his views before the stu
dents. Professor O. H. Richardson, chair
man of the assembly committee, de
clared that he never heard of Con
nolly and let It go at that.
WITNESSES ARE WARNED
Poisoning of Throckmorton Succeed
ed by Bribe Scandal In Sneed Case.
FORT WORTH, Tex., Jan. SI. Not
only were state witnesses in. the trial
of John B. Sneed warned today by Spe
cial Prosecutor Hangar not to associate
with, and particularly not to drink
with strangers, but one of the first ve
niremen called this afternoon made a
statement tending to show that an at
tempt had been made to bribe him:
The warning as to the drinking with
strangers supposedly was prompted by
the sudden and mysterious illness of
Edward Throckmorton, an important
state witness. He is believed to be the
only person who heard a significant
remark made by Sneed after he shot
and killed Captain A. Ci. Boyce in a
local hotel. Throckmorton, who was
desperately 111 last night, was some
what Improved today.
ISIAIE'S WITNESS
UPHOLDS WILDE
He Also Contradicts
Self as to Bonds.
STOWS TESTIMONY REFUTED
Morris Says Repudiated Sig
nature Is His.
DEFENSE SPRINGS LETTER
Prosecution's Letter-Press Copy
of Document Does Xot Jibe
With Original Immunity
Pact Again Denied.
FIVE FEATURES OF DAY IN
TRIAL OF WILDE.
George Estes, witness for the pros
ecution, gave contradictory testi
mony relative to the alleged sale
and delivery by the Oregon Trust &
Savings Bank of $40,000 of Puget
Sound telephone bonds to Wilde. It
Is alleged by the state that these
bonds were delivered by Wilde to
Morris as part of his commission
from the Omaha telephone lond deal.
The defense sprung a surprise by
introducing the original of a letter
from Morris to Wilde, dated Febru
18. 1907. relating to the deposits ot
the Oregon Trust and Its ability to
purchase the $500,000 block of
Omaha telephone bonds, - after the
state had Introduced what purported
to be a letter-press copy of the orig
inal communication of that date and
It had been positively Identified by
Morris as a letter-press copy of the
same.
Morris reaffirmed that he had not
been promised Immunity by the pros
ecution for his testimony. The
tats will renew Its request for a dis
missal of pending indictments against
the ex -cashier.
Morris Identified his signature ir,
the bond-subeciiptlon book In which
he signed for the 1300.000 block of
Omaha telephone bonds. Frank H.
Stow, another material witness for
the prosecution, had testified posi
tively that the signature was ' not
that of. Morris.
Estes. witness for the state, de
clared on cross-examination that his
sympathies were with Wilde, whom
he believed was being "persecuted"
as a preliminary "to getting some
money out of him."
Called by the prosecution as one of
Its principal witnesses. George Estes
not only discredited his direct testi
mony yesterday by making contradic
tory statements regarding the bond
transaction about which he testified,
but on cross-examination admitted
that he had sympathy for the defend
ant, Wilde, whom he believed was be
ing "persecuted rather than prosecut
ed" in the hope eventually of getting
some money out of him.
From 'November, 1906, until May,
1907, Estes was in charge of the bond
department of the Oregon Trust &
Savings Bank, although he was not
Anally relieved of the responsibility
t t Vl nnuUi rtn a a r n B rul f a n nt h
bonds owned by. the bank until late
In July, 1907. was called by the
9
tie
state to prove We purchase from tha
bank May 7, 1907. by Wilde of 140.000
worth of Puget Sound Telephone
bonds, which, it is alleged by the
prosecution, were delivered later to
Morris as the balance of his share of
the 190,000 commission from the aala
to the bank by Wilde of the block of
500,000 of Omaha telephone bonds. ,
Wilde's Check Introduced.
On direct examination by Mr. Clark,
Estes testified that the sale of the
$40,000 worth of Puget Sound tele
phone bonds was made Indirectly
through Morris, but he was not able
to say in what manner the securities
were paid for. Later, in his cross
examination by Mr. Malarkey, Estes
testified that the sale was made direct
to Wilde, who paid for the bonds
with a personal check for 140,000
drawn against his account as agent.
The witness also identified Wilde's
check for 140,000, dated May 7, as tha
evlfence of value paid at the time
and secured by the bank from Wilde
In payment for the securities.
"I had left the service of the bank
seven days before the credit slip
showing the sale of the $40,000 worth
of Puget Sound bonds on May 7, 1907,
was made out," said Mr. Estes, after
saying he was "ostensibly" manager ot
the bond department of the bank from
November 1, 1906, until May 1, 1907.
"The bank officials were not able to
find a man to take my place, so I re
mained the custodian of the bonds
owned by the bank until some time in
July, when I turned all of these cer
tificates over to my successor, Mr.
Ellis. During fhe time I was respon
sible for these securities, they were
kept in four steel boxes to which I
had the only key. I did not allow any
of the bonds to get out of my posses
sion until they were properly account
ed for and receipts given.
Bonds Ordered Delivered.
"On May 7. 1907, Morris rame to my
desk and told me that Puget Sound
telephone bonds to the amount of 140.
000 had been sold, as I remember it.
to I. L. Willis. He told me to make
(Concluded on Page 12.) . "
i
r