The History of Tammany Hall: Second EditionMyers, Gustavus
History
The History of Tammany Hall: Second Edition
Myers, Gustavus
New York (N.Y.) -- Politics and government; Tammany Hall (Political organization)
Mr. Hotchkiss further set forth in his report that the log rolling of
“strike” bills in and out of committees was a regular business, that
the books of the stock brokerage house of Ellingwood & Cunningham,
New York City, “warrant a strong suspicion that such books, to an
extent at least, had been a clearing house for financial transactions
connected with legislation during the period mentioned,” and that G.
Tracy Rogers, a special partner in the firm and long president of the
Street Railways Association of the State of New York, seemed up to
the time of the failure of that firm “to have been the legislative
representative at Albany of the traction interests.” Mr. Hotchkiss
reported that: “Certain of the accounts in these ledgers show a close
connection between G. Tracy Rogers and the Metropolitan traction
interests in New York City. The character of the securities dealt in
[by legislators] frequently recalls legislation urged or retarded at
about the same time.” Mr. Hotchkiss urged further inquiry, and in a
special message to the Legislature, on April 11, 1910, Governor Hughes
called on that body to follow, by means of a general investigation, the
trails of legislative corruption laid bare by the Allds bribery trial
and the investigation conducted by Superintendent Hotchkiss.
In the face of the exposures already made and the insistent demands
for further investigation, the legislative committee appointed for the
purpose could not evade pressing the inquiry.
The testimony on September 15, 1910, showed that during a single month
in the summer of 1903, the sum of $40,000 was sent by an agent of the
New York City street railway interests to the firm of Ellingwood &
Cunningham, and that no vouchers or receipts were asked or given to
account for the distribution of the money. At previous hearings, the
fact had been established that this brokerage house was the firm which
served as a “clearing-house” for the money supplied to members of the
Legislature by G. Tracy Rogers. At the hearing on September 16, 1910,
the evidence showed that Senator Louis F. Goodsell and Assemblyman
Louis Bedell, prominent Republican leaders in the Legislature, had
received large amounts of money from the Metropolitan Street Railway
Company and G. Tracy Rogers from 1900 to 1904; Goodsell had received
$24,800, and Bedell $21,750. Goodsell admitted that he had “bought”
stock without putting up any margin.
Public-domain text, read in full here on John Shaqi.
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