Show i HARRIMAN NO SA nSf ACTION r Tells Commission They Have Learned All They Will Get From Him ROCK ISLA ISLAND JD DISCLOSURES Milliard Now at Head of System tern ten Found off Cut-off Was Mortgaged r i Now New ow York Feb 27 Edward H. H HarrIman finished his testimony before bo- bo fore foru tho the interstate commerce commission commis sion slon today with further defiance of or tile the rulings rUling of that bo body declaring that he had ans answered er e every question asked about hIs Ills railroad corporation and that he could not be forced to answer questions as tp his p personal no 1 transactions J. J iT Huns in stocks and bonds bonts 1 He lie followed this declaration with a n. statement issued later J in the da day dayT in which he outlined d the suspicion that In estl Investigation ha has been instigated b by persons who desired for fOI stock y T if I market purpose to know what stocks ho he had bought and sold He declared that thal if It f he lie had not held to his Individual 1 dual reports as ns a n matter mathI of or principle l before the tho commission it Il would be f i possible in the future for tor any individual i I. k a al nJ or 01 commission to question him F about aboul his operations opel with results that t would bo he fatal Mr Harriman Harriman's principal banker Otto Olto H. H Kuhn of the firm of Kuhn Loeb and company compan was the second witness wilneR before th the commission an and anda a testified to that firms firm's enormous profits profit S as fi fiscal agents for the Union Pacific and Mr h Harriman HaJman in tremendous stock and bon bond bu buying operations Kahn 1 declared that all nil of the firms firm's profits wore clean and that while the they ha had 4 some times represented both buyers buels and sellers the they had served both honestly I alm Keeps j Under Corer cr brought blOught out P. P Mr 11 fr Kahn Kahn's s testimony details of the financial operations of or I Ithe the Union Pacific and Harriman Hardman in the Chicago and Alton tIton Illinois Central 1 S Southern Pacific and other deals denis Like the other railroad king he retired behInd behind behind be be- hind t the bulwark of individual rights r j and the necessity of protecting clients and reu refused ed to answer answel all questions bearing be on Individual Investments Keck CO Cohs s In ri- ri In today's h hearing late In the afternoon after after- 7 noon oon after aCter Otto II IL Kahn had told of or orthe the stock and bon bond operations In this i half of ot the Union Pacific and Harriman Harriman Harriman Harri Harri- man syndicates a new factor the factor the Chicago Rock Island t Pacific railway rail rall- way fay entered entered the thc investigation William Wil VIl liam H H. Moore of the Rock Hock Island Daniel G. G flied Hied and W. W C C. Milliard Hilliard the new comptroller of or the Chicago o Al AlII AlIC Alton Al- Al II IC ton were called to the stand tand in quick succession I Jur l Jf wH uno t lo ia Cl- Cl A Alton I ton Pi J m the Rock Hock Island a few l months ngo ago was wa a different lent sort of witness I He i-fe said wild that he found that the roa road was practically without funds and that he lie had imme immediately be been n called upon to finance the building of a off cut of thirty four thirty and one half miles y Ho He at once decided that a bond Is IsIt Issue Is- Is It sue suo was the easiest way out of the tho difficulty dif dlf- dif dif- X j.- j. but hut much to his surprise e. e in investigation investigation In- In showed that the road al ala although al- al if a though had already been mortgaged It was fully described and included In the bon bonding ln transactions of or 22 22 on which the Harriman syndicate syndicate syndicate syndi syndi- cate is said to have realized The Thc bonds were serc issued and sold and the proceeds had gone gone Hilliard Hilliard dont don't know where He Ho dont don't know how he hela t tiac la 13 going to finance tho the building of the 1 1 off cut as ns a second mortgage on such sucha 11 a proposition is not flOi possible This was one o of the most startling disclosures Its dis closures closure of or the Inv Investigation and anti Just Justat p at Attorney Severance was be beginning 4 to probe for details an a adjournment Z was taken laken until tomorrow morning r S. S |