New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1885-02-27
aTTACK1NG A BANKS CREDIT.
rI1E TINTED STATES NATIONAL ASSAlLED.

| RUMORs.
Renorts were in circulation in Wall Street yester
dav that n large defalcation had been dlsco'oio" "
n National bank. These reports were s'ar'ou =!
the publication in The Fall Street Da'y News III 'no
most conspicuous place in the paper OF the 1oio"-
;nc, :. o,ns,io,s for the Officers of Wel-Known
| Bank:
Where is the presidents
What is the amount OF the defalcationf
! Who is the defaulter . 49,,
What has become of the banks SURPLUS . =, tbo
Does 1t require an assessment OF Az per oe"' VII
How much is loaned on the Washington budingt
W WOW much u nr"r en,he loan the hank has or the
mortgage of 81, 600. 900 held by the Iluilapio A1
| Are the s 100000 OF deposits saic 49,.
| II wos evident ut glance that these questions
were intended as an attack on the United states
National Bank in the Washington Building. III Wh'on
! CvrnsW Field is large stakeholder. Ihe " q" o"ee'
Uaily Ners has printed frequent attacks on corpo'
tions in which Mr.. Field WAS interested Inc presi
dent of the United States National Bank is Logan -
Murray He has been absent IRON Tue
city for short time. Inc VIC
president and the temporary acting pIes.-
| dent is ex-Controller s. Hastings Grant Inc cap'-
tai of the bank is 100000 and the reported sur
nIns 100000. ana tho amount of deposits about
| $l000.000 -.
s Hastings Grant viceprcsdent of the bank
said that there was not the slightest foundation
| in the affairs of the bank for the mslhua-
tions When asked about the rumors OF a deialca-
tion he said that there had been none OF any KIM
discovered Mr. Grant was positive ana eA-
plicit in his denials.
Gyms w. Field. whose Office in the Washington
Rnildipc Mr. Grant was Just quitting when he was
met by TRIBUNE reporter, said
Come in. and will tell You all about it. There
| is not one word of truth in the stories aoout
the United States Bank. There Is no
| defalcation, anything oil the XIII"
the bank is as sound as nut ana
will give 125 for every share of the stock you can
oct for me. will buy the entire capital stock at
that figure Why, as to Mr.. Murray he told
rs n few weeks ago that he wanted to be absent
q short time in February to attend the wedding vi
son,e relative brother or sister. believe lie WAS
going SWAY earlier in the month, but his trip wasde
! laved n week or So We let him go away on leave
of absence as we would let any clerk or the cashier
| 90 who wanted n short leave of absence.
There is not the slightest truth IN
the intimation that he went away on account OF
any trouble. His accounts are correct Oh
course and he will come Dack III
n short time when he has I'M
;sbod his trim 10 take his place at the head
of the bank. There could be nothing more
insane than the insinuation against him. lie
| !
as correct as any man can he. There Is nothing
wrong about him nor about the bank. The stories
are all nonsense.
AS for nv connection with the bank do not
owe # a dollar | have no notes out OF any
kind and owe not a penny that cannot
nav at once | do not keep my private
! account there but have kept 1t for over thirty
years in the City Bank"
cit is said that the bank has loaned largely on
the stock of the Washington Building Company.
Not TO me certainly Mr. fleId iePleu'
"and / do not know mat mas
loaned TO any one on the stock At any rate.
I have not borrowed anything from the bank on
pledre of that or any other stock. No. the stories
are all false and ridiculous"
."rbere seems to be chance for libel suit" the
reporter suggested. ~
is this Keefe worth anything Mr.. Field
osled onickly. Il do not know
that ever saw MN. ho
seems to have grudge against me Dc
cause hrs newspaper was e1cIuden ir"'i
the Elevated Railroad news stands. Under recent
decisions we could do nothing else Tor the paper
was publshiuc plainly Iibellous articles for which
we might be sued for damages. We could not run
that risk and so refused TO allow the paper 10 be
sold on road"
WHAT THE CASHIER SAYS.
Fvan g. Sherman cashier OF the bank, said to
IVAN vs. Inv
TRIBUNE reporter:
the questions printed IN nc naa Sgst 80, 10 In
DAY. sul,Ioso s ,s and avn a controlling Interest
Inc val street Nees has been excluded rom lhe Ele
waited Railroad stands ana ana, IS pur Snh Logan
murrov is out OF town He has gone TO Chicago Louis
vile ST. Louis and r. Paul on business an W." s ab
IN week The pan r - a., s vas in The bank to.day
umea ,.a,c hd p mn on his regular round In examining
nav a6oirS Of banks He said when heard of this
nnheaton in Inc Wal Street Neusi Blank om, I'd
/ frefeF
Glide his examination OF bank at noon tomorrow
The bank Is thoroughly sound condition IN vino ana
limb and II he finds u 80 he'll give Us ccrthcate 70 t
effect know 1t is So because I'm the CASHIER anu
know how everything stands ,,ocor and large STOCK