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EXPLANATORY NOTE.

With the exception of the expense accounts rendered by James A. Emery to the National Council for Industrial Defense, which follow No. E 1954, and are grouped, the exhibits herein contained are arranged in chronological order, as far as can be, regardless of the source from which obtained or the order of their introduction in evidence.

These exhibits were secured from various sources and arranged under different designations in accordance with the following scheme: 1. Exhibits marked with numerals only (1 to 4955), were procured under subpoena from the New York World, having been theretofore delivered to that paper by Martin M. Mulhall.

2. Exhibits marked with letters only, as A, B, etc., were furnished by M. M. Mulhall at the request of the committee early in his direct examination.

3. Exhibits marked A, followed by numerals, comprise letters and documents introduced July 30 and August 4, and were either furnished by M. M. Mulhall or taken from the files of the New York and St. Louis offices of the National Association of Manufacturers, which had been secured under subpoenas personally served or accepted by wire.

4. Exhibits marked B, followed by numerals (1 to 291), were furnished by M. M. Mulhall, August 4, at the request of the committee, and were selected from files in Mulhall's home, which had not been delivered to the World.

5. Exhibits marked C, followed by numerals, particularly relate to Hon. James E. Watson, and were selected from the files secured from Ferdinand C. Schwedtman, former secretary to the president of the National Association of Manufacturers, at St. Louis, Mo.

6. Letters marked D, followed by numerals, were selected from the files delivered in response to a subpoena by J. P. Bird, business manager of the National Association of Manufacturers and secretarytreasurer of the National Council for Industrial Defense, at New York.

7. Exhibits marked E, followed by numerals, were selected from the files secured from the St. Louis office of the National Association of Manufacturers, and also embrace certain letters furnished by Henry R. Towne, ex-president of the Merchants' Association of New York, and treasurer of the National Tariff Commission Association. 8. Exhibits marked F. followed by numerals, relate particularly to M. M. Mulhall, and were selected from the files secured at both New York and St. Louis.

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