The New York herald., 1870-03-29
THE WAYS OF WALL STREET.
The Van saun-Barr Case Again-Har Swearing
All Around-statsment OF Van saun q Co.
Taking Affidavits Easy and Loose
Whata Man Does When Drunk.

"
IL viii be remembered that some time since the
HERALD published several articles under the above
caption founded on aldayits and statements either
presented In evidence prepared for submission 70
the court giving the history OF questionable trans
action In bonds between Van Saun & Co. and samuel
@. Barr, or Broad street. motion was made by
Judge Curtis Barr's counsel, before Judge Spencer,
In the Court OF Common Pleas. TO vacate the order
OF previously issued against Barr, the suit
or Van Saun 4 Co. number OF aflldavits were
submitted, which, while exonerating Barr, charged
Van Saun with fraud, and afidavits In denial were
produced by the counsel OF the latter. The
weight OF evidence was against Van Saun q Co. and
In favor OF Barr. Judge Spencer took the papers
but has not as yet rendered decision in the case
In the meantime both parties. by their counsel, have
been actively engaged IN preparing for the legal
test Van Saun Il Co. yesterday made the following
ssauement Oh Their case TO reporter OF the
STATEMENT OF VAN sAuN co.
!, On july n, 1850 Samuel O. Barr deposited with
our mousse S4sS 50 as margin for operating IN
and saes amounting TO about $l7s,OOo on which
AIter deductins the amount drawn out by him. there
vas 40 oaanse a que US oi $e7o which - st unpaid
rowed $1,000 OF US. anout twelve O'Clock. under
the following circumstances He said that he mad
loan with other parties OF $1,000 5000 United
States government bonds. That he wanted TO trans
fer the loan TO us. We gave him check to bearer
upon his promise TO return inside OF half an hour
with the bonds. AS an inducement Tor US to make
this loan he stated he could keep these bonds
as security for the balance due US and margin for
Iurtner operations; that he did not return until
about three O'CLOCK. when ne stated that he was
expecting the bonds TO come In every minute; that
being very pusy we thought nothing OF 1t. supposng
TO be all right; that the next we heard from Barr
was through q letter received by US about Septem
Der 80, copy OF winch Is annexed
PHILADELPHIA, Sept. p. 1852
GEsTs-I made mistake, but was not my fault; God
as ane ss . sa. Of 9 lose get De-
ns msni aa you see me with the funds again shall
On his return from Philadelphia, some time alter.
wards, he stated that he nad given tue money to .
third party, who gave 1t TO another party, who
room and threatened to take his lie WIN pistol
but that all he could get out ol HIM was a mort
dd own the property; that believing this story
10 be q trick, we placed the mater In the
aanas nn :. OF our counsel, Mr.. Thomas D. Robinson.
ashamed OF the transaction and wanted nothing
sald about it. That all ne wanted was few days
Indulgence 10 pay the money. That finding ms
promises amounted 10 nothing and That the securities
ne offered us were worthless. early in December we
caused him to be arrested Tor fraud. Then, the
nrst tme In order TO release himself from arrest, he
came out with the grossest charges against firm,
which we're srbstantated oy the evidence Of Joseph
DOws, Rutger lea, Andrew J. Wighlman, Benjamin
q. Bradman ana J0nn Williams. The story that one
Mr. Wheeler wanted HIM 70 take our check for ss ooo
certified, to alter it TO $4,000 BY adding
~" and an 20" ana that we threatened
10 arrest hin Ior The fraud II he would not this
and divide the proceeds credited all the more
readily for its lmproDabty. Since the argument OF
now pending before MIR. Justice Spencer, our attor-
ney has been hunting up these Witnesses. Hs sus-
picions were aroused by Inc TACT tnat one OF tie
witnesses was mace 10 swear to facts which hap
pened In New YORK when ae knew he was IN MeXi-
CO. To IND these witnesses has given us . long
chase Mr. Stevens, Barr's attorney, refused 10 tell
uS VINO the Jonn Williams was making the am
davit, and the notary did not know, except tnat ne
was introduced by Stevens and IS there are lOrty.
Two men or that name in this years. directory
IL seemed almost Impossible to track him
0snosed cnI Bnt m ~ ts ms treuoe has been happily
that ne never knew amy such person, AS to the
other witnesses kutger Teal, B. q. Bradman anu
Andrew J. Wlghtman, produced Dy said Barr, every
one OF them owned up at once that their afldavits
were false, and gave our attorney afddavts stating
they state that they would never have signed the
aflidavlts respectively II they had known tnat they
contained any such statements. Our attorney found
Joseph Dows IN Philadelphia on Wednesday, and
the following IS the RESULT
PHILADELPHIA, March %, 1870
Dow. He said he when be saw his AIN
send his sdsv, needed to- to sxonsra,e ]
G. T% and cFaG's e
g and cou e ~ & 70. fer osepa Dows being duly
n. r in mi. action aeponsn owing 70 certain
discouraged that samuel barr, this
drinking what he was doing
thar he said na BARI then used dsponsn =. hs
Of hun; that At the time they were made deponsnt
have he Known w is
he Rd s ana no ony
thai a..!r. . repair the wrong far hes hs
ss sS S
that has read carefully the affidavit e
.ss Ss pa i .s
L: H.; .as @ s's /. II i. &
IN me Tenth National sank and draw ssooCo divide
81: ooxag which ne was prss praS
as ss .ss 'f ps SG sa .sa M:e
heard an ne sonyer.aion precisely suums
he is d sn .un
yhfa sSa sn 10 se
OF depondents knowledge and belief utterly false. And
nads
sa @ sa ssd ssan c SUI a
said Kande went out TO lose the money; in short
s. ss % Ti
such NO
f he had And iurther that read the
action who that he has .S over M
@ n ana o 5 onss
three months during that peros that dcponent
@ s sa
q & eS
na to to their h" &c as that said and D M
duced deponent to the notates before whom he
went and state whether deponent did personate
John Williams but that deponent does believe that
did; but that u deponent did pereOnate him IL was
nj time when he unconscious OF he doing;
and deponen that he knew heard any person
OF the name OF John Williams before and that believes
this affidavit to be gross fraud upon this court depo
sns further % Is a. as s never had M &c with Van
them either Of them dshonorable act he re-
gres that he has been used to the gross wrong
tDnly acknowledged j. DOWS.
We at once applied to Mr.. Justice Jones for leave
TO submit this newly discovered evidence IN the case,
a roe hos hAln mad ,da,ss
motion to the lst day OF April.
cnI nreD nNctvITY