New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1873-07-21
stated in state Of dependency and excitement direct

stated In state OF dependency and excitement direct
ing him to pay the null amount and deduct nothing
for repairs until the settlement The agent com
Piled with request and gave him check which MI
Mills deposited TO the credit Of his wife 10 the
Bank the day. He also called for Ms p Trnst
grocers bills and paid them in checks on the end
Company. Heretofore the bills were settles ~
of each month. 1t appears Also that MT MILF
awake Monday night as his bed was untoucno r, NJ
On the other hand Mr.. Moody, the real es."'o as
tho doassd od The ne irst above referred towho was
at Conev Island shortly after the body OF "i '
discovered, and who INTERCEPTED tho u ,.,d that
the body states that II not su' ,Tn, arose at
on the morning OF the Inflated day M =, snodecor,s
about 81, and went out on tne sar ,yas sitfine
u,ol xsha,a ha was stopping. Mr. sneoecor was
s 49, y, ,he time. Mr. Mile sccoseed nun
Ar, no was going take swim beiore son' ecb
- ,,,,o At the same time to SOM 'o then nab
he tsi aInog over his shoulder MI and mad pair OF
De0 on3 ~ His feet. lie had no u,hnS bouses
Mr. Mills went 20 Que t 1t beneath the plat
MMr1 and then went o"t 20 the chan
following t1 Get water TO swim in That was tne ~
seen OF min alive. Later ON IN e A oher hotels look
bathing n0 usg ne hreakers saw mans head then an
arm appeared to his sight ana uS ~ ~ shore where II
- isnt,He rs Mr. Mills. The place Wnc,e MI Hod
was found fully bali me IRON d rSrnted an ap.
eayonce s,tnar 10 that perceived an cases Oh cramps;
r cies Of The hands tightly contracted, anu
Ie i 49, Sr,vn M The man who had drawn out
th bo,Iv and who had picked many men out OF 'he
water gSHTe ~ yoo9, oScnped by Mr. Mills also gave
Evidence that he did not contemplate akihg ms
lie His shaving apparatus was lald OUT on the
table ready for his return ron hS paa1 ao
clean undercothing ready 70 pHt on nI aitS ~ rt
appeared as OF wellreguldted mlhd anu ol tlVat
decision and force OF character and was me aS man
would suppose to be guilty oil s9Gh ' snSt S and
eide. lie very cheerful man. ful OF splti1S anu
one who enjoyed life greatly seldom having despohuSi
moods. II is asserted, TOO, on good autnoy 'hat
Mills was making arrangements for freeing hlIstH
from ali entaugiements, and had he lived would PROB
ably have done so. Under these circumstances INC '
ory of suicide becomes untenable.
STATEMENT OF SECRETARY RoDMAN
A TRIBUNE reporter yesterday called on MI T. Rod
man. Secretary OF the Brooklyn Trust Company 10 learn
what he knew about its condition and oil the trahs'e
lions of the late President. Mr.. Rodman talked very
freely on the subject saying that his only wish was 10
have the public understand exactly how matters stood
and do Justice to the character OF Mr.. Mills. He had
been blamed he said for allowing the President to over
draw his account TO so large amount without INFORM
ing the Trustees. He supposed that strlct business
man, who was only business man, Wouu
have done So and perhaps he was wrong
/ ia Keeping silent, but he never beheNeu
that Mr. Nnlss affairs were in desperate condlICn OF
that the Ms G ~ O bsc[s winch were
counted among the days cash. He supposed hdt the
Tsyn beS0 INT for Mr. Mls's sudden death. Besides
he was very intimate friend OF the deceased, and sym
pp"Ti1ies He knew nothing Of Mr.. Mss speculations
except his real estate and building operations, IN winch
|
cDbarrassmeuts. They we're not however as disastrous
| ne had been represented, and his property would
t1es and leave handsome balance Tor his family. His
railroad operations he did not look upon as spec9aye
| and WiNmantic. and Ncw-York ana NeT-Elgland Ral
roads would been perfected on Monday Iast put
Tor lie absence from this cJ OF some one cohctIhcu IN
The NEGOTIATIONS. This caused pOsponement only and
the delay regarded 10y MI NILS on! as posIP0D1I
| inc ARRANGEMENT had been perfected lhe pVhls
Would have rsen to above par, and Mi
!
| his enbarrassments. The Wilhmantc bonds would now
sell, he thought for % Gems on te uVai, ,5 NM o
| Ttv Mr. Mills however was not responsible Tor the
chorsrter Of the securities OF the COmpauy the EXecu
i've committee meet every and the Board OF
Trustees every MONTH and the securities are SUBMITTED
To fcm for their approval Both the Georgia and the
| WiliipI8nrc bonds we're submitted and approved
The Georgia bonds when received quoted at 30
now euply suspended aud might might not be again
of value bat did not in any way affect me claIac
ter Mr.. Mills or the business management OF me trust
! COMPANY lie did not believe that there were many
large banks which did not lave some suspended bonds
| among their securities
The sricide theory he thought was most absurd Mr.
Mills felt anxious about his business affairs but was not
depressed. well and cheerful the day before
his DEATH and spoke OF future plans earnestly he
had ever DONE The OF his having paid his house
hold bills few days previously cited by morning
paper IN evidence Of his intention XIII himself proved
| nothing; us it was his custom to pay such
bills monthly. and most OF them the
| same day. Everything combined 10 show that
the drowning was purely accidental. Mr.. Rodman was
asked by the reporter what foundation there was FOR
tnc statements I'D the Sunday papers n reference 10 ms
being dcautcr IL replied that the charge Tas most
ab.Urd III had any foundation 40 all It was based on
The act mat he had borrowed $4,000 from the funds
! the Company, Tor winch he had deposited as Sc
| value of $1,000, and which were quoted at rs 70
| so cents on Wall-st; SO that the Company could
lose nothing bv tins transaction even If he had no other
means Of taking mp the loan lie thought the acton OF
the Nassau Bank ln throwing them ont OF the Clearing
house most unced iOtnd even atterl had dOue so
10 unnecessary ana uuWsc 10 suspend business Ile
Company had large invested that they could
call them in ~ day two; they had SEC 600 in the
NeT-York $4,000 IN the vaults Of the Trust Company,
! and mad called il loans for saturday TO the
any run he thought and have called IN money faster
! than they would be called on 70 pay II out. a New
York uancer when he found them closed on Saturday,
expressed his surprise and SAID be could have borrowed
81 100000 Tor them IN Ndst on their own securities
teTest OF all the dcp0tOIs 10 cos ana he hhu accord
iugy done so; but he should believe II 70 have been
unwse unless facts should be brought to ght OF
! winch he knew nothing at present. He was sure
that the depositOrs would lose nothing aud he did
believe that the stockholders would lose much TINS
would depend on the way N winch the ailiiIs OF the
Company might be managed; but he expected 10 sec 1t
| resume IN a week or ten days.
THE DIRECTORS BLAMED
It's said that the Trust Company Directors had it
within their power TO have prevented this default
they had intimation time ago that Mr.. Mills was
spoculating in the funds. Last May an anonymous let
ter was sent to the Directors alleging irregularities
the part Of Mr. Mills, but whether examination Of
the Company's accounts followed Is unknown. In nan-
cal circles il was believed that the Directors and other
1 officers Of the Trust Company equally in fault as
It seemed utterly impossible that Mr. Mills could have
used the funds OF the deposOrs without their knowing
H. and more especially in such class Of securities. III
they did not know Of these specuauoDs 1t was argued
they are entirely unfit for the positions they hold. The
| apparent indifference OF the Secretary Mr. Rodman,
| ana his non-nteTference whieiMr. Mills apprOpn-
| atlng the funds OF the Trust Company was also the