New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1889-01-20

to discuss this theory merely remarhing that It was
not impossible ,
chnrcb and the officers Of the seamens Mission hope
30 rooovar from the United States Trust Company
tho bonds which that company received from Mr.
Mayshau. which together amount to some $4,000 1t
IA sad however that Mr.. Marshall conducted his
negotiations when no borrowed money these bonds,
I'm his official capacity as treasurer, and their recov
cry will be matter for the courts TO determine.
At the seamens Bank the principal officers were
utterly at to account for the apparent betrayal
OF his trust by Mr.. Marshall Nothing in his manner
Of life had aroused the slightest suspicion that he
could not be trusted implicitly. and no frrcgularity
IN his relations with the bank was ever discovered
The examinations since HIS death. In November have
proved that hs accounts and books were exactly
correct President StTges and other friends OF Mr.
Marshall sim cling TO tho hope that the missing
securities may be found In safe-deposit vault or
other place OF safe-keeplng. II was considered not
impossible that tho apparent defalcation was the
result OF confusion OF accounts and that the sudden
death of Mr. Marshall prevented a reasonable solu-
ton OF the puzzle s. +. jenkins, treasurer OF the
bank said that he had been sitting by the side Of
Mr. Marshall for twenty years but that ho was moro
surprised than any ono else could have been by the
apparent dishonesty of his associate He added:
HE LIVED A MODEST LIFE.
aThere was nothing in Mr. Marshalls habits or
mind He lived modest quiet life; he was ex-
tremcly conservative in his Views and certainly so
far as know he never INDUCED in stock speculation.
II may be that the securities win be discovered, but
our vaults entirely SAFE and It is hardly possible
that he would have paid for box in a safe-deposit
company when he could have had ample acoommoda-
tons here. But n no used the money would like
to know what he did with IT,"
Archdeacon Mackay-SmIth was seen at his home.
No TIE Madison ave. yesterday. He said that he
had known for several weeks that many OF the
curies supposed TO have been in Mr.. Marshalps
session were missing, and according TO the lnforma-
ton that he had, the story as already printed
about correct "The missionary society has been
embarrassed for tho want Of funds for some time,T
he continued. ave never could understand why It
should be so, either, for ID supposed that
siderable amount OF funds hand, and the
cause of the embarrassment not known until tho
facts in this case came to light"
"wero you Intimately acquainted with Mr. Mar
shall ~ was asked.
NO. not intimately was the reply, "but met
him several times at the meetings Of the society. In
looks he was honor pesonlncd. He rudy faced,
and resembled BLUM English seacaptain We all
had the greatest faith in his honesty, and trusted him
implicitly"
Did you ever notice that his mental powers were
failng7n said the reporter
"Yes,' said the Archdeacon, for some time before
his death noticed that his mental powers had greatly
failed, and inclined TO think that this fact
plains the mixed state of affairs a largo degree
The Rev. Dr. Ransford, rector Of st. Georges
Church, told the reporter that he would positively not
say word about tho case. lie would neither deny
nor confirm the report that Mr.. MarshalPs accounts
treasurer OF ST. Georges Church showed a deficit.
/ am sorry that arm obliged 10 be so uncommunicar
about it,
NEW ASPECT OF THE CASE
J. II. Morrison, ir, the recording secretary Of the
seamen's Missionary Society, was seen at his home.
No 3Is West Twentcth-st He made some state
ments that have not before been printed, and may
throw a new light on the In answer TO tho TO
porters inquiry he said
william c. smrgcs, president Of the seamen's
Savings Bank, is reported expressing views that
and many OF my associates in tho society hold That
Is that Mr.. Marshall died suddenly with no warn
ing TO enable him 10 sraghten his affairs, that he
may have Paid great deal OF the money that cannot
be accounted for In tho usual OF business and
that the spcely got the benefit OF H. Ana here Is one
ct that has not ben ~ haS, ae5o os NTH the
United states Trust Company was deposited IN me
importers and lraders NsuSnSs b o, Ui oSSc 70
pay tho bills OF the society and the DOORS Oh ue
Arc there any other such cases as that with refer
ence to the other securities said to DO missngP
aWe have hoped that there were,S was the
answer II ~ unfortunate that tho matter has 1een
made public, because Is premature. ar. n a1aH
Great deal before his DEATH And here another fact
that Il important: The society had oeeh IN agOs
MIR Marshall for year, lie had been carrying u
along with his money. II IS true that ne Officers
OF the society thought there was considerable amount
OF securities owned by tho society, but We DON'T even
know what tho securities were, and We bad such per
feet confidence IN Mr. Marshall that wo dld not Know
where thew were placed: We trusted implicitly IN MS
honosty when the fact that they were missing
was brought "a light the matter was put entrey IN
tho hands OF Mr. Marshalls and his attorney IN
homes that they would be able 10 ind them. We 40
mol know but that more money han VIC arc S"~o
OF was spont for the society" - - ~,
The statement Of Clarence H. Conger young sr
MarshAlls attorney, was shown TO MI. Moriisoh
After reading II he SAID -. a. -. a..
We'll n seems that no practically admits that pit
Nar.baIl was A defailter. However, am convinced
nom what / have told you about the 5000 a., IN
bonds and from the confused state IN which MT.
Mershafs Affairs were left that Il Is not nearly as
had as has boon reported. Some OF the securities ARC
gone we don't know whore, nor do we Know how inc
money was spent. that derived from them After
reading SIR. Conger's statement haven't much ialth
In our ever getting them again but stu IL Is not
AZ bad A. has been reported, and am very sorry tha
| tho affair has been made public