Show HARRIMAN'S WAYS TO BE z Friends Persuade Him to Tell I Commission of Financial Coups DEAL WITH THE BIG FOUR I i i Chicago U lUll I Ion Alton TIl II Transfer Will VIII III Be Hc I Probed to Co I cr 1 con r Water ii I t In Iii Stocks 4 i New York Fob Fel 24 Thu Tho Tho cst In gallon atlon of oC Edward Edvard H H. Harriman and f the year fifteen methods of oC the astute 1 Ing that has made matJe him the i it t 1 railway Y man In the United 1 11 t Stales begins in this cH city Monday londay Mondays s f moi morning before the lie Interstate Com Com- mene commission slon Mr MI Harriman 1 r j himself will be bc the first witness ILis It IL Itis is expected by those In a position to know mow that Mr 11 Harriman has determined deter deter- I t e mined to break away from his con con- A firmed habit of oC silence and secrecy Ills HIM associates have advised ad him it i is I said Itald lo to take talC the public Into his confidence con con- IJ by means of or his sworn testimony mon mony b before e ole the commission If Ir the tho little man of or many railroads L the most successful borrower el NewYork New New- NewYork York has ever el known does tell the V 1 full story of oC his financial life it will be he heZ Z one olle of ot the mo most t remarkable ever er un un- un lt 1 folded It will be a stor story of fifteen 1 years us u's an and It H must cover CO at least east ten years yeal's of the history of the Union Pa Pa- lr St Chicago A Alton Deal Ical 1 OMU Onu of the first explanations that k tho hii pro s be re of if the lon commission will ihl likely likey dc demand is concerning the Chicago Chi Chi I ca cago o Alton deal In 1897 The rhe capt cap cap- t t of this road rond was raised front fron I to with the addition of but fifty miles of track Three per pel cent bonds of the company compan were wel wl sold to insiders at ut 65 CG and later atel offered to 0 the public at 90 and 95 The watering was Immensely profitable to William lei ler el George Gould and their theil associates While tho the Harriman contingent ent have ha been very reticent les al' regarding their lines line of oC defense some points that will ilI be he offered tomorrow arc alO known In 1897 tho the Chicago Alton was surf IT from rom rot dry which was rapidly rating toward lOwald Its Times I hard and money for tOI Investment nt jt- jt n a u t t Jf I may nn show tha ir t tOt l l' himself t e and associates In Inca ca nash cash h to get ct tho the road rond Ho may point out that watering WHIS VitIS common con ten years year ago aeo an and 1 not 1101 cun considered morally morall 01 or legally wrong and that the great geat Inducement was va n necessary cc sary to bring out the capital Doubtless s there will bo he a Cl denial that the road was vas bought hought b by the Big Four POUl r. r us ItS the tho if- if 1 S J Gould feller-Gould I d combination tIon was Imo known Imon n ai IL is 15 to 10 DC De poj o lule to 10 prove pro mat inai 1 1 0 firms and individuals formed the tho v. v syndicate that advanced the lie 1 t The advance In 3 per cent bonds ma may be he put on tho ho basis that they o J were listed as savings bank bonds shortly after atter the thc Insiders got sot them at attlio J tIme tho low figure of 65 A transaction which the investing public will be interested In seeing turned Inside out was the sale b by th the Union of shares of or Southern stocks stoel s to William Villiam Rockefeller who aCt after 01 holding it for several month months sold tOld It back to the tue company at the tho price rice he paid plus commission There was considerable con con- fluctuation in Union Pacific while hiie ho hold this enormous block It ItIs Is alleged that it Il was sold at hl high h fl figures ures and bou bought ht back when the price had been driven down o Charge Might He Be DJ Discounted This charge would be discounted counted I If Mr tr lr could prove that the I Union Pacific received back bacle the Identical Identical Identical cal certificates that It had sold The lC reason UOn for Cor this sale will wm probably be attributed b by Mr Ir Harriman to the tho at attempt attempt attempt at- at tempt of James R R. Keene to secure S control of or the Southern Pacific Keene KeeneS S was attempting to secure cure an injunction k Lion tion re restraining the Union Pacific from S voting tho tue Southern Pacific stocks S Without Union Pacific's vast ast holdings holdings hold hold- ings Keene Keene would have turned over lo to Rockefeller for voting purl purposes pur pur- QS poses with the understanding that he l t- t would sell II back hack when the Keene S I danger passed as It did when Keene failed to lo get Jet his Injunction J I Sales of bonds b by directors of or the I 1 Union Pacific to the railroad company company com com- pany be he closely probed Several Se I directors director'S beside Mr Harriman are arc areS S concerned In tho the sale alc of or Illinois Gen Con S. S tm One road of or which Mr 11 HarriS Harriman Harri I S man had hud ab absolute control the control the St. St Joseph Juseph Grand Island was Island was sold outright outright out- out r l- l right to lo time Iho Union Pacific There S seems to be but one possible explanation tion lion and anil that can only be he made strong With that that the tho directors who sold explained their interest t and and took no active part in the deliberations 1 S. S Involving the purchase |