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Newspaper Page Text
CHAUNCEY KEEP CANT RECALL
SOME INTERESTING THINGS'-
A partial list of the Vsacred cows'
by which the Marshall' Field estate
milks an income from the public was
given to the state utilities commis
sion Thursday. Chauncey Keep, one
of three trustees named by Marshall
Field I., was asked at the telephone
hearing what banks and corporations
. 'he is a director m.
-"'The Chicago Telephone Co.
.Merchants' Loan & Trust Co., nil
x nois Trust & Savings Bank, Pullman
Co. and Northwestern railway," said
Keep. . "I guess that s all."
It was the first time Keep has
shown himself at any public hear
ing. He's the man who with Arthur
"Jones is supposed to know best the-
will and wish of the. dead merchant
prince. He said he is kept busy
watching different corporations he is
interested in- and doesn't have time
to go into many details of deals up
for aotion. Said he wouldn't trust
his memory to say 'what is the cap
,N ital stock of Chi. Tel. Co. or Ameri
can Telephone & Tglegraph Jo.,
though he has a financial interest in
"Are you aware of an arrange
ment through contract by which the
A. T. & T. takes an annual charge of
4 per cent 'of thev total gross in
f come of the Chi. TeL Co.?" asked
Fayette B. Munro, att'y for Public
"I don't know about such an ar
- rangemeat," replied Keep. "It may
exist ' The information an be ob
tained.'' Munro pressed the point, asking,
"Is it a fact that the Chi. Tel. Co.
0V does pay 4y tfer cent of its gross re
v ceipts yearly to the A. T. & T.?"
' . Ralph Shaw, for automatic bond
holders, jumped to help the witness.
He" spluttered objections at Com.
Owen-Thompson, who said calmly:
"The witness may answer." So
"My recollection is not clear in the
matter of that 4 per owt"
Q. Have you ever sought a re
duction of the charge on the ground
that it was excessive profit squeezed
from phone users of Chicago?
A. The 4t per cent arrangement
was made a long time ago. I am not
clear on it.
Tomaz Deuther, sec'y Greater Chi.
Federation, said: "On grounds of pub
lic policy the federation is against
the inerger of the automatic and the
Bell systems through the proposed
sale. I saw that the original ordi
nance was corrupt I examined the
ordinance closely and found enough
to satisfy me in my own mind that
it was corrupt"
TEXAS GOVERNOR ADVOCATES
INTERVENTION IN MEXICO
JAMES E. FERGUSON.
VTo do less than intervene in Mex
ico," says James E. Ferguson, gov
ernor of Texas, "will be to shirk our
duty to Ihe Mexican people." Gov.
Ferguson was the first state execu
tive to urge preparedness in his state
o o -
Prinaeton, N. J. Hamlet was not
mad, real or feigned, but only playing
"tne wise iooi. foet Alfred Noyeg
told a class of Princeton student.