The Atlanta Georgian. (Atlanta, GA.) 1906-1907, August 02, 1906, Image 5

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The Atlanta Georgian., August 02, 1906, Image 5

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Newspaper Page TextTHE ATLANTA GEORGIAN. Tiiri»sf»Av, Ararsr *, w. 5 testimony at afternoon and night sessions of THE COTTON ASSOCIATION INVESTIGATION After Ten Hours of Listening Commit tee Called it Off. The hearing of the evidence In the Investigation of Richard Cheatham. ^re ary of the Southern Cotton A.- locution, wee taken up Wednesday Ifternoon at I o'clock, after a recess Lr luncheon. A number of Interest- L Witnesses were examined and the **,on continued until T o'clock when w ' recess was taken for dinner, inixht session, which continued until n O*lock and which closed the evi dence, milowjid. ooN SESS|0N> The committee took up the Investi- Mtlon at 3 o'clock. A crowd even urger than that at the morning session avna present. W R Fagan, manager of Glbert & ruv appeared on an Invitation from the committee. He took the stand. Mr Anderson, upon being requested by chairman Johnson, acted as questioner. •\tr Fagan Is ready to answer ques tions if Mr. Cheatham agrees?' said Mr. ''""That"* up to the committee," said Mr. Cheatham. "I am not conducting this examination." “tfr O'Grady refused this morning to permit his private affairs to be ex posed." he said. “If Cheatham Wanted Inveetiflitlon.” Mr Cheatham refused either to for bid or permit Mr. Fagan to make a Statement. Mr. Anderson urged that If .Mr. Cheatham were really anxious for a complete Investigation he would consent to have Mr. Kagan talk. Mr. Fagan was only waiting for the per mission of Mr. Cheatham, who waa the only man Fagan had known In the transactions. Mr. Anderson began by a few pre liminary questions, relative to his posi tion at Glbert & Clay's. Mr. Kagan slated that he knew all about the Cheatham trade and with Mr. Cheat ham's consent was willing to make - statement. . . „ . Mr. Cheatham remained silent. •There you arc, gentlemen!" said Mr. Anderson to the committee, "I Was Indignsnb” Mr. Seymour, of the t committee, asked why; If Mr. Fagan had given this Information to Mr. Anderson, he re fused to give It now. "I gave this information to Ander son," said Mr. Fagan, "because the pa per published by Mr. Jordan had made a bitter attack on the New York ex change, and I was indignant. 1 told Mr. Anderson that If Jordan would look Into his own business household that he would And out things about some tpeculation there. No Suggestion to Give Consent. Mr. Seymour continued to ask why Mr. Fagan refused to make a statement without Mr. Cheatham’s consent, but no member of the committee suggested thst Mr. Cheatham give that consent. Mr. Anderson believed,that the stage had been reached where Mr. Fagan should proceed without Mr. Cheatham's consent, If he had tried to secure this consent and failed. The committee then agreed that such questions be asked as Mr. Fagan might be willing to answer. "It never occurred to me,” said Mr. Anderson, "that Mr. Cheatham, after asking for an Investigation, would re fuse to permit any question that would throw any light.” "Oh, shucks,” rffinarked Mr. Cheat ham. Mr. Fagan then answered questions put by Mr. Anderson. He said that Cheatham had placed orders In the name of O'Grady. All communications addressed to O’Grady, care Glbert A Clay, had been turned over to Mr. Cheatham by the latter’s Instructions. Mr. Fagan was then shown »eopy of the transactions said to have been made by Cheatham. He conflrmed the statement aa shown. "Richard Cheatham, Secretary.” Mr. Fagan states that the deposit of 14,000 for margins was made by Cheatham in checks on the Fourth Na tional bank and signed “Richard Cheat ham. secretary.” When ibe transactions were closed out In March Mr. Cheatham asked Mr. Fagan to pay him the amount due In two checks on New York, one for 32,- 130.90 to Richard Cheatham; one for snme tvay ns the O’Grady deals. The check to Mr. Lee had been drnwn on the Maddox-Rucker Hanking Compa ny. It was then Indorsed by Lee and next by Richard Cheatham. It was then paid to or cashed by the Pied mont hotel. The checks deposited to cover the margins, amounting to 34.000. had been signed "Richard Cheatham, secretary." Indorsements, Richard Cheatham. The Indorsements on the checks paid had been simply "Richard Cheat ham." Mr. Fagan snld when he received the checks signed "secretary" he took It to mean that it was as secretary of the Southern Cotton Association. He said that he and Mr. Cheatham had been friendly. They were naturally not friends now. In response to questions by Mr. Sey mour, Mr. Fagan said he had been with Mr. Cheatham to some extent and was rather friendly. Something Doing in Cotton. When Mr. Cheatham opened his ac count he told Fagan that he thought there would be "something doing In cottoA.” He said he wanted to open the account In the name of Mike O'Grady.' It was Mr. Fagan's Impres sion that It was Cheatham’s own ac count. He could not state, positively that Sir. Cheatham had not said "for Mike O'Grady.'' bloat of the further trades had been handled by tele phone. Mr. Fagan denied that he told these things to Mr. Anderson with a view to Influencing legislation on bucket -hops or exchanges. Mr. Fagan said that he had once sug gested that Mr. Cheatham buy some cotton, during the period of the trades, and Sir. Cheatham had done so,- re sulting In a profit. Mr. Cheatham asked If It was not true that he had told Fagan that O’Grady was a Chattanooga distiller, who might make a giyal customer. Fagan Rtcallad It. ■ Mr. Fagan said that now that Mr. Cheatham recalled It. this was true. Sir. Cheatham had offered to give him bottle of whisky sent him by O’Grady. Sir. Fagan stated that he made his statements to Anderson prompted by a spirit of Indignation. "W.hat Is the difference between bucket shop and a legitimate e change?" was asked. "Orders placed In a bucket shop are not executed on the floor of any ex. change." said Mr. Fagan. “Does or did Mr. Cheatham own any stock In the Piedmont Brokerage Com pany?” "I have been told so by Mr. Hamilton Frasier." said Mr. Fagan. Mr. Cheatham submitted a telegram from Hamilton Fraxler, of New Hamp shire, stating that he knew nothing of the Piedmont Brokerage Company. Frazier Said Cheatham Owned Stock. Mr. Anderson stated that he had a statement from Sir. Hamilton Fraxler directly at variance with this letter. An affidavit waa produced In which several witnesses swore that Hamilton Frazier had told W. R. Fagan that Richard Cheatam owned an eighth In terest In the Piedmont exchange, but that this stock was In the name of Hotze and afterward transferred to A, A. Fairchild. Mr. Fagan zald that when Cheatham told him that O'Grady was a prominent distiller It did make an Impression that O'Grady waa realty, running the ac count,. but he had not recalled this itll Mr. Cheatham reminded him of DR. CRAWFORD’S TESTIMONY IN RE RICHARD CHEATHAM In his evidence before the Investi gation committee Wednesday afternoon Dr. J. SI. Crawford made a statement which reflected harshly upon Richard Cheatham's love for the cotton planter and his motive In the attacks on the bucket shop In the columns of The Southern (lotion Journal. It was while Dr. Crawford waa talking' of Cheat ham's alleged connection with the Pied mont Brokerage Company, in which Dr. Crawford is a stockholder. "In a conversation at the Piedmont hotel I reproached Richard Cheatham with being two-faced." said Dr. Craw ford. "I told him that In his attacks on bucket shops he waa hurting our business, meaning ills and mine, and inquired why he did It. "Cheathnm closed one eye and leaned back In his chair. “ ’Doc,* he said, ‘that Is the greatest card we ever played. I got a batch of orders from those farmers today that was so high.' ” Dr. Crawford measured a height about two feet from the floor with his hands. Dr. Crawford's statement was, sum. mod up, that he Invested In the Pied mont Brokerage Company with the clear understanding that Richard Cheatham was an owner of one-eighth Interest. lie said that he had alwa; considered Cheatham as one of company, had known he waa Intimate with Slanager Hotze, who conducted the shop, had talked with Cheatham an undertone of cotton matters and al nays ns If Cheatham were-with him the company. He admitted that Cheatham had not told him directly that he was Interested In the shop. He said (hat Cheatham had called him over the telephone short time before and had asked whether he (Cheatham! had ever stated that he owned an Interest In the shop. "That conversation closed by .Mr. Cheatham's asking me to let him down as light aa I could," remarked Dr. Crawford. The witness stated that Slanager Love, of the Piedmont exchange, had once told him that Cheatham and Hotze, manager of the bucket shop that time, had spent a great part the night together In i reparing a ci toon for The Cotton Journal. The pr< of the cartoon Incident was not brought out. It was afterwards stated, though not before the committee, that It was probably an editorial and not a car toon which had been meant, If any thing had been prepared. A. A. FAIRCHILD SUBMITS CARD TO THE COMMITTEE Deposited by- Cheatham. The Cheatham check bore an In dorsement of Mr. Cheatham and no one else. It first appeared In the Bank of Commerce, at Memphis, Tenn., as a deposit by Richard Cheatham. The other check, payable to 8. B. Bedford, was given to Sir. Cheatham. The first Indorsement waa "pay to G. M. t’rquhart, 8. B. Bedford. It was deposited In the First National bank, "f Greenville, Miss. Sir. Fagan had •een these checks. Sir. Fagan stated that he did not know Mike O'Grady In these transac tions. He learped Sunday night .that it was the same O'Qrady who waa for- tnerly a bartender In the Read house at hattanooga, and whom he had known there. Mr. Fagan said that when Mr. > heatham closed out the P. A. Lee account he had been given a check for Ills, payable to P. A. Lee. Mr. not know Lee personally, and did not know who he waa. The Lee orders had bean placed during the same period aa the orders of O’Qrady. They were handled by Cheatham In the waa Instructed by Cheatham to read communications to him and receive checks signed by Cheatham, ho then gained the Impression that Cheatham was conducting the account for hlm- aelf under another name. . Mr. Graves Tastlfi**. John Temple Graves then took the stand. He sold that he had been drawn Into the discussion by personal comment. A criticism of him had ap peared In the papers. It placed a wrong construction on his position regard ing the difference between bucket ■hops and legitimate exchanges. Ha was In possession of Information given by Dr. Crawford regarding the own ership of the Piedmont exchange. All that he knew had’been learned fr.ufl witnesses. Mr. Anderson, Mr. Fagan, Dr. Crawford, Mr. Cothran and otb era. Colonel Graves had no direct lnf-r- matlon that Mr. Jordan waa connected with any exchange or had speculated on the market. He had heard that Mr. Jordan had been connected In aome way with a New Yorker whose repu tation waa broader than It waa savory. This waa a rumor and had been treated aa such. He said that In the Georgian were published criticisms of Harvle Jordan which, In his mind, fumlsned a sufficient basis for Inquiry as to Mr. Jordan. ’ • Petsrs Had Been Dismlsud. It waa shown that E. 8. Peter*, of Texas, who had written a criticism of Mr. Jordan, had been dropped as an of ficer of the association. It Waa prov en, however, that hla letters to The Georgian, aa well aa to others, waa written upon the stationary of the cot ton association and bore hla name. Colonel Graves stated that when he se cured the communication he had not known that Mr. Peters had been dis missed from the association. Wantad Dr. Crawford Invited. Mr. Smith, of the commltteo, sug gested that Dr. Crawford he Invited to tell what he knew about Mr. Cheat ham's alleged connection with '.hs Piedmont exchange. He said that if they did not hear Dr. Crawford aome newspaper might criticise the commit tee. No action was taken at this time. In answer to questions Mr Ander son admitted frankly that he made •he charges befere the house believ ing that such charge* would influence the legislation on the Boykin bill. If HERRING'S CATARRH CORE IS A SPECIFIC FOR CATARRH IN ALL STAGES It will absolutely and penhauently ettre nasal, throat and bronchial Catarrh, Catarrh of the Stomach and Catarrhal Deafness. H. C. C. is a local treatment and a blood medicine in one prescription. Guaranteed perfectly harmless; con tains no alcohol, opiates or narcotics. m no advertising own and compiler of considerable experience, nml, as yon ato all aware, am employed to hare published the official proceedings of Jhe association, which has been done to the satisfaction of my employers. I am, ns you well know, not elected by the members, nnd my only duty In connec tion with the Southern Cotton Association U to look after the work connected with the aforementioned book of proceedings. I am never counseled by any of tho offi cers of the ansoclatlqn na to whnt they shall advise the members and followers. My counael Is nerer offered or sought, therefore I have nlwnya considered It my privilege to do nnd act as I see fit; pro vided Tt does not reflect upon any of my employers or tlie Southern Cotton Associa tion. With this In mind, I Invested In a bucket shop, never for one moment, think ing that anyone could connect this trans action with the officers of the association or affect the principles advocated by It. When 1 discovered that this waa not the rase, as previously stated, 1 disposed of ray It had stopped thsrs he would nqt now be before the committee. He was op posed to the Boykin bill because It did not go far enough In prohibiting bucket shops and ft prevented necessary hedg ing by cotton dealers. The point he was lighting for waa hedging con tracts. % Mr. Jordan asked why the bill waa Indorsed by the contmerclul organiza tions of Georgia If it is Injurious to business interests, air, Anderson said that the Indorsement of the Atlanta Chamber of Commerce was an Indorse ment of hls position, aa the organiza tions only wanted to force oat the bucket Hhops. , A discussion cf the Boykin bill be tween Mr. Andprson and Mr. Jordan ensued. Mr. Seymour joined In the discussion and voiced hla own opinion. Mr. Smith moved that the committee proceed to burlnesa. Barry Cothran next took the stand. Inasmuch at certain people, who. through motives I will uot endeavor to express, are continuing to use this Information, votun ‘ rily given out by r *“ ~ ■rtlnst the officers maklug a d ClatloU, I herewnu inmrr utj ii-wi*' This la donn for the purpose of . __ atate to the Houthern Cotton Association that you hare my profound respect and admiration In conducting the campaign you are now engaged. In, al though personally my Idea* are not en tlrelv In accordance with your own. This Is the first expression I hare ever mnde as to what my Individual opinion Is along these lines, and 1 trust you agree with mo that 1 have a perfect right to my couvlc- tlon*, because they are mine only and havo uo Influence upon the public, nnd If they did you are too great and lienefldnl nn or ganisation for me to permit myself to nt« tempt to Injure you YlTOMlST For Sale by all Druggists at $1.00 a Bottle 4 uttiuncruitto oiir «r HERRING MEDICINE CO., Atlanta, Ga. preached him and asked him stock In the Piedmont exqhange. "Cheatham Ownsd an Eighth.” Mr. Frazier told me that Mr. Cheat ham was an eighth owner In the Pled mont bucket shop. I have seen Mr. Cheatham with Mr. Hotte, manager at the bucket shop, a number of times, and had always understood that Cheat ham owned stock In the bucket shop,“ said Mr. Cothran. He knew nothing of hla own knowl edge that would prove that Cheatham had any connection with the change. Mr. Cheatham had never traded with Ware A Leland, which was managed by Mr. Cothran. Mr. Seymour asked If Ware & Le land had not tent out a meaaage over Its wire to Montgomery, Ala., that Mr. Cheatham waa trying to buy 340,000 worth of property In Atlanta. Mr. Cothran replied In the negative. Mr. Cheatham questioned Mr. Coth ran. He asked If Frasier had not told Cothran that W. R. Fagan waa a part ner In the Piedmont exchange. Mr. Cothran denied this. Mr. Cheatham Id that Fagan had stated this to be fact. Mr. Cothran denied that he had told Dr. Crawford It would be well to go Into the bucket ahop at the Piedmont. Mr. Cheatham asked that the name of Harvey Johnson, of The Journal, be taken, and Mr. Johnson be questioned on this matter. Mr. Cheatham endeav ored to show that Mr. Cothran had worked In. the Interest of the bucket ahop. Dr. Crawford waa sent for to make a atlteraent. Holland Curran Called. Holland Curran, of R. Seldenburg A waa the next witness. He stated that he would answer questions, but would make no statements without the consent of Mr. Cheatham. Mr, Cheatham refused to give either content or refusal. Mr. Curran then said he would take this os content. He thought that If Sir. Cheatham had nothing to be ashamed of he should not object. He had handled aome cotton, he said, for Mr. Cheatham under the name of Mike Jones. Cheatham had told that Jones lived In Chattanooga. Ifall had been sent to "Mike Jpnea" In Chatta nooga and returned by the postofflee. The lost transaction had been on July I. Mr. Cheatham hod come to him and •aid: "Buy me 400 October.” They had asked him what name and he had aald: "Make It Mike.” “‘Mike Jones,’ Said Cheatham.” When asked for another name, he had eald: "Mike Jones.” Mr. Curran had tried to get access to the books aft erwards, but had Men refused. Mr. Cheatham's checks hod been signed "Richard Cheatham, secretary.” Mr. Cheatham had lost alt hls margin and 346 more, which was paid by him. Mr. Curran said that the account hod been run In the name of "Mike" for a week, and then the’name of “Jones” had been added. "Why did yon take It for granted that Cheatham didn’t want hls name known?” was asked. “Because Cheatham was a trusted officer of the association, and I thought he wouldn't want Ms name known,” said Mr. Curran. “I can prove that Mr. Cheatham traded with us by cancelled checks on the Fourth National bank given by him. Theae were signed by him as secretary, and I took It that the money was that of the cotton association. “The first Intimation I had of this ,_vestlgatlon was a notice n pear from J. B. Cheatham, of my company,” said Mr. Curran.' "I onme on my own hook because of Mr. Richard Cheatham’s attacks on the brokers and my profession. "My employers ordered nothing to anybody about but I don't rare a continental what anybody nays when I think I am right. “Cheatham Called My Manager' Off.” Mr. Cheatham called my manager, J. B. Cheatham, off In a corner last Sat urday and conferred with him. He had spoken to me gruffly aa he came in, but after hls talk with my manager he came out and slapped me on my back," said Mr. Curran. The committee suggested that Man ager Cheatham be called to testify. Mr. Curran said that Cheatham had said seemed to be scared about something." Mr. Curran said that he had opened the books for the Piedmont Brokerai Company. The name of the stockholi era did not appear on the books. I did not know that Mr. Cheatham waa a stockholder. He was under obliga tions not to give any information re garding the affairs of the Piedmont Brokerage Company. Put Under Obligations of 8ll*ne*. He was put under this obligation at 4 o'clock Tuesday by Mr. Love, man ager of the Piedmont Company. Mr. Curran aald ha had aeverad hla connection with (he Seldenburg com pany when lie decided to appear at the Investigation. Mr. Cheatham aald that Mr. Curran's story waa not correct In all details. The committee Interfered to eto |M words between Curran and ham. Nothing Against Jordan. 'Do you know of anything against Mr. Jordan?" asked Mr. Heynmur. T know nothing,” said Mr. Curran, 'A. C. Moreland, a memt-er of this association, came to my office a num her of times and Interested himself busily In finding out things about Cheatham," said Mr. Curran. Dr. Moreland waa called In. He aald that he knew nothing of hffi knowledge,, but he had lost money In speculntlng an l had naturally been In terested In such matters. He gave no further testimony. Dr. Crawford Appears. . Dr. J. M. Crawford was Introduced. He said: "Mr. Cothran came to my office some lime ago and asked me to put some stock in a new brokerage com pany. He told me some •■f the men who were to be In It. He and Mr. Fraxler told me that Richard Cheat ham would he an owner of stock In the exchange. Afterward I met Mr. Cheatham. I nerer naked him If he were a stockholder, but we talked al ways In an undertone and ai If he were a stockholder. Cheatham One of the Six. “Hots#, * the manager, nfterward wrote down tho name* cl the six ■toi'khcluera ol the bucket ahop ami Cheatham's name waa on the list. Mr. Hotse wrote these down for me at my request. We never spoke about theae thing* for some men don't want their names known. ‘‘Several times I got after Mr. Cheat ham about going after the bucket shops In hls paper. I looked on It ns Having t//n faces to |duy up this to help the Cotton Journal, and at the same time hurt our business, Ip which be was engaged at the same time. I got after him In the Piedmont ani he shut hls left eye and aald: ‘"Doctor, this la the greatest draw ing card of the day. I got a batch of order* from those farmers today that high,’ (measuring two feet with hls hands). . "Mr. Cheatham told me he was go ing to New York nnd hi thought that there would be something doing in cot ton and would telegraph me. I told him not to be too plain In hls tale- T COUNTY STREET MADE PROPER WIDTH II. O. Hubbard, a citizen of Atlanta, living uear the river car line, appeared before the county commissioners at their session ll’edaeaday morning and fruplored the asslatnnce of tbe commissioners In forc ing the contractor linvlng In ehsrgo the eonstru«tlou df tho now road near the river lln* and the property of Dr. Groves, to widen the same to 60 feet. In accordance with an ordinance pastes) by the commis sioners tome time ago The erldenee submitted by Mr. IIuMuird wna to the eft.H-t that where the Louis ville and Nnshvllle road erosos tho new street, the contractor Is making the width hot 80 feet, which, with a enr line, nmkea the driveway exceedingly narrow. As the commissioners had instructed that the road should be 60 feet wide, It was moved that the general eonnsel of the road l»o Instructed to see that the street wna made the required width at once. grams. He did not telegraph me and he explained nfterward that there had not been any Indication of a change. “Talked as Though Ha Were.' 'Cheatham asked me a abort time ago If he had ever told me he wrna stockholder. I told him, no, but he had talked with me aa though lie were i ne. I had always had that Impression. In the last pnrt of hls conversation he asked me to 'be as easy on him as pos slide.' “Mr. Fairchild told me two weeks ago that Mr. C'heathsm whs not stockholder. I replied that Mr. Cheat possibly transferred h to Fairchild. Why Did Hotte Skip? "Why did Mr. Hvtre, the manager of the Piedmont Brokerage Company, leave the city?” was asked "Possibly .they made It too hot for hire,” snld Dr. C'rawfnrd. Dr. Crawford stated that hls sole motive In making theae statements was because he thought that Cheat ham v:as acting wrongly as a stock holder. “I Believe He Was Stockholder." "J honestly believe that Cheatham waa a stockholder." said Dr. Crawford If I had not I would not have gono In. I thought that when anything was doing ho and Jordan would knew It nnd ho would telegraph It to ua. 1 "l'ou are quoted In the papers ns taxing Mr. Cheatham on one occasion with being a hypocrite. Is that IrueT was asked. '"That Is true," raid Dr. Crawford. That was tho time he told me how many fanners wore taking the Col ton Journal. Mr. Hotse said that he nnd Cheatham had worked all nigh! together In preparing a cartoon for tho Cotton Journal. Choathom nnd Hotze roomed either together or In adjoin Ing room* at the Piedmont Hotel. The name of the man who gave out that Information was naked. "It waa Manager Love of the Pled mont exchange," said Dr. Crawford. Fairchild Called. A. A. Fairchild, publication mans gcr of the Southern Cotton Assoda tlon, was called. He said that he did not know all the stockholders of the Piedmont exchange, but he old know that Richard Cheatham had no stock In It. He was not an officer of the cot ton association nr the Cotton Journal but a salaried employee of Mr. Cheat ham. He was very friendly with -Mr. Cheathnm. He knew nothing of the 'Grady or Lee transaction*. Mr. Fairchild said lie had been stockholder In the exchange since about April. He had bought hi* stock from Hotze at the organization of the company. Mr. Seymour brought out strongly the fuct that Mr. Fairchild was not an officer of the association. but merely ah employee. Mr. Fairchild read a rnrd which ha aald would bo handod to the press. It disclaimed any official position In the association. He ten dered hla resignation subject io the recommendation of the investigating committee. At 7 o'clock the committee adjourn od lor dinner. NIGHT SE88ION. The committee met for the third ses sion at I o'clock Wednesday night. In tending to conclude Its work If possi ble. Committeemen, defendants and witnesses were tired out from the strain of more than' eight hours’ work during the day, E. C. Bruffey, a reporter for The Constitution, waa the first witness. He testified a» to the accuracy of an In tervlew written by him and published July 16 In which Mr. Cheatham was on July 16 In which Mr. Cheatham wax quoted as saying that he did not know Mike O'Orady except through the hls- tnrlral prominence of the O'Orodya. Mr. Bruffey stated that he had ahown Mr. Cheatham The Georgian of July 24 nnd that Mr. Cheatham had elimin ated from an Interview In that paper two words, "official capacity.” "Gave M* the Impression.' Mr. Cheatham denied, constructive ly, that ha knew O'Orady or Lea. left me so thoroughly under the Im pression that he did not know -them that I waa willing to risk the statement made." Mr. Cheatham here stated that one afternoon paper, The Georgian, was correct regarding Mr. Anderson’s charges, as he had told Mr. Hruffey, He had stated that of O'Orady and Lee he had had nothing to say. “My rerollectlons of my talk with Mr. Cheatham la that he denied any knowledge of O'Orady and I«ee," said Mr. Bruffey. "I do not remember whether I asked Mr. Jordan If he knew them or what he answered. Yes, It would be possible for me to have mis taken a statement from Mr. Jordan for one from you, but I waa talking to Mr. Jordan on an entirely different subject and I do not think such n mistake oc curred. 1 have been In the game for thirty years and I believe that which I wrote and which was not denied for a week, waa correct.” Bruffsy Insistent. Mr. Cheatham conducted the cross- examination of Mr. Bruffey. He drop ped It when Bruffey Instated that Mr. heatham had told him he did not know O'Grady. B. 8. Preatoo, of The News, waa ex amined by Mr. Cheatham regarding an Interview In that paper. He said Mr. Cheatham hod said that the O'Orady matter waa private and' ha Would not discuss it. Love Out of Town. Manager Love, of the Piedmont ex change. waa baked for, but was out of the city. Manager Cheatham, of It. Bledenburg A Company, could not be found. Harvle Jordan took the stand for the first time. He waa asked whether he had made the statement to The Con stitution that he did not know O'Grady and Lee. Mr. Jordan stated that If he had talked to any reporter on the sub- lect he had denied such acquaintance, had never heard of either O'Grady Lee. Mr. Jordan stated that A. A. Filr- GOLF! Every Requisite for the Game Get in line nota! Call or write for free book of Rules. WE KNOW what you ought to have to start the game. KING HARDWARE CO., F. G. BYRD, Manager, Sporting Goods Department. child* wna not an officer of tho Cotton Ainorlatfon. He had been appointed by a general resolution of the conven tion. "What are your vlewa a* to an of fleer of the aaaoctatlon dealing In cot ton future*?” "Officer Should Not Speculate." "I do not believe that In the present position of the aaaoclatlon. an officer should trade on the speculative mar ket," said Mr. Jordan. "I have never traded on an exchange and do not know where one la located one in the Piedmont.' “Are there not false report* *eht out over the exchange wire* pretending to quote you?" anked Mr. Seymour. "I have underntood ao," aald Mr. Jor dan. "Do you regard thle aa an attack on the Southern Cotton AwocUtton rath er than a deal re to purjfy It?" asked Mr. Seymour. T do," aald Mr. Jordan. "I credit It to that claaa which Is antagonistic to the association. I have heard that two large exporters have *ald that they would spend a million dollars to get rid of me os the head of tho association nnd would follow this up by breaking up the association. I have given tho names of these firms to the committee, but I do not care to ninkc them public as It Is rarity hearsay. A dlncusslon of the evils of specula tlon followed. It threw no light on the vestlgatlon. Mr. Jordan said In conclusion that the cartoon to whlcn The Georgian ob jected waa not prepared or Inspired by Im. Copies of Tho Georgian. He wished to show the motive un derlying the "attacks" of The Geor gian. He filed a number of copies of The Georgian with the committee. Mr. Bey mour naked If nearly every body examined had not been a bucket nhop man. He asked If Mr. Graves was fuse to answer proper questions, a* he had persistently refused nil day. a reference to the stenographer's notes tended to show that the deal which Mike O’Orady had said was closed thir ty day* ago waa the iamo deal re- ferml to by .Mr. Curran ns being han dled nn a *Mlke Jones.” Mr. Cheatham grow heated hep* nnd announced that there had been no proof that he had speculated />r acted against the good of the association. He made *??.s. r *P | >’ t0 the Question regarding "Mike Jones." Cheatham ^pald he hnd corre sponded with Q'Grady during the cot ton deals und had kept In touch with him. "Likely to Create Wrong Impression." Mr. Allison, of the committee, asked why Mr. Cheatham had signed checks "secretary" in such transactions. He said this was likely to create u wrong Impression. Mr Cheathnm re fust*d to admit that he hnd conducted the Mike Jon«*s deals. He then stated that he had dealt fo. 4 O'Grady ot Sledenburg’s nnd If tho bookkeeper made a mistake In the name he, Cheatham, was not res do n- ible. In answer to the specific charges Mr. Cheatham denied thnt he had been ‘ I-* , hi.it ing. In placing the orders he ri* not speculating. Mr. Seymour asked why Cheatham had a*ke<J for personal checks .'or Fa- gun. Mr. Cheatham said he had asked for two checks, which he hnd placed to Ills personal credit In the bank. Chairman Johnson asked Mr. Cheat ham's distinction between dealing In cotton In n wire house for O'Gracly and "speculating.” Cheatham Draws Distinction. Mr. Cheatham replied that there was a strong distinction. He hnd acted merely as nn agent for O'Orady. In answer to tho charge that aome officer of the cotton association i**d been n stockholder In the Piedmont Brokerage Company, it was shown that bucket shop tnsn, and If not, why this , Mr. Anderson <ll<1 not charge Mr. fl*ht. Sir. Jordan said he had hssrd Cheatham with ltd*, but A. A K.lr- thst Colonel Grave* had two brathsra- child, mirnanr of the publication de- In-Utv who ran bucket shops. He did not know whether or not this was true. Mr. Anderxnh explained the difference between bucket shops nnd rexular ex changes. Che.them Takes th* Stand. Richard Cheatham took the stand for the first tlms at 2:60 o'clock. Th* statement nlrendy given out by him wax confirmed by him. He stated fur. ther that rumors that he had been connected with a bucket shop hnd been circulated. He submitted an affidavit that he wax not connected nnd had not been connected with the Piedmont any, sworn to by Kd- Ichmond, Va., on July Mr. Hotze was the former man- user of the Piedmont Brokerage Com pany, who left the city a short time sxo. He wus said to he short In hi* accounts. Mr. Cheatham stated thnt It was true that he had handled trades for Silk» O'Orady and one other man. He had hud nn Interest In either deal. It hod not been proven that he had any per sonal Interest In these transactions. The funds of the association could only be drawn by the treasurer. “For Personal Reason*.” I T signed those checks as ‘secrets- he explained, "for the reason thst my account In the Fourth Na tional bank Is carried In the name of Richard Cheatham, secretary, for per sonal reasons. It Is my personal ac. funda count and I have had no . of tha Colonel Peek, of the committee, aald he failed to understand why. In hla personal business, Mr Cheatham should carry hi* account as “Richard Cheatham, secretary." Mr. Cheatham said the account was started that way and was ‘ never chnnxed. Mr. Heymour read the charges made by Mr. Anvlcrson end which were pub lished Wednesday. Mr. Anderson afked If Mr. Cheat ham had rarried on an account with HMenburg A Co. under the name ot Mike Jonee.” Wouldn’t Answer. Mr. Cheatham refused to answer the question. Mr. Anderson asked If the commit tee would permit Mr. Cheatham to re* part mont. Mr. Anderson snld he unde Mr. Cheatham admitted th* charges of the O'Qrady nnd Lee transactions. "You gentlemen of the committee are Investigating the action of your official, your employee;” he said. "I think It would be proper for you to demand that Air. Cheatham giro you an order on tho Fourth National llnnk to ren der you all Information rexordlnx hls nrcountx with that hank. The can celled checks ate here in Mr Cheat ham's possession and will be corrobor ative evidence. 1 submit that It Is proper and biedne-s-like that you de mand tliut Cheatham produce these thine*, j "Cheathdtn the Brains of tha Trad#.” "Mr. Cheatham was the brains of those cotton trades and he may per suade himself, hut he cannot [tersuade others thut this was not speculation.” Air. Cheatham said that he was nut speculatlnK because he did not expect any protlt from the transactions. He udmitted hls signature of the checks nnd Mr. Anderson did not Insist that he produce the check stubs. Mr. Cheatham sold he had remitted Mr. O'Orady 32.000. He owed Mr. O'Grady 3IM or KAO. There was a difference between them. He could oduce evidence from the bank that had made remittances to O'Grady. 'The different a between the 34.000 I received from O'Grady, that returned nnd that I owe him lies tn some other transactions." said Mr. Cheatham. Didn't Keep O’Grady's Letter*. '1 did not consider O'Grady'a let ter* to ma as business letters and t did not keep them," he said. In answer to question. I. M. Moore took the slant), lie Is advertising solicitor for the associa tion. .Mr. Cheatham questioned him nml It was ahown that Sloore had vi-- Ite.l O'Grady In Chattanooga and h.l secured a lair;.- advertising contra, t from hint Mr. O'Grn.ly hail said he believed he would take a flyer In eot- I'lle It fo ('apt hla It.