Morning journal and courier., 1889-05-25

rouble at the bank the following view of the
 case was given utterance to and 1t has very
 interesting bearing on the case. All the 1n-
 timstion that MT. Bradley has acted d1shon-
 estly will be secuted by the community at
 large where he has lived for go many years
 and borne @ reputation for unimpeachable
 integrity. As soon as the real facts are
 known MT. Bradley's honesty will be vindi- 'cated. The truth of the matter is that if any
 mistake has been made by Mir. Bradley
 suit by the bank it has been
 an error of judgment only on Mir. Bradleys
 part in the management of funds under his
 control. If the bank loses anything on the
 paper MT. Bradley has not received cent of it. Neither is the paper discounted ques- tionable, but current notes endorsed by one of the best known and oldest business men of New Haven and accepted by the directors of the bank for years. Even now it is by no means uncertain but that every cent of the discounted paper will be paid. MT. Palmer, the assistant teller, being under obli- gations to Q prominent New Haven merchant was asked by the merchant to cash short time draft on New York for him. MT. Palmer did so, it is said, several times. his duties enabling him to do it without MT. Bradley's knowledge. The drafts were always paid in
 cash or by renewal. One day about year ago Mir. Bradley by chance in looking over
 the books to check up accounts discovered that about $50, ,000 of this paper had been cashed by his bank and sent forward for col-
 lection. MT. Bradley was stunned by the discovery that so much paper had been cashed without his knowledge. He at once pressed MT. Palmer for an explanation and the latter finally admitted that he had accommodated the local merchant referred to on account of past accommodations Had MT. Bradley then followed his intentions and at once informed President Bigelow he would have saved himself the present trou- h Rrf Talf Do1n Sa ooiI @1 so urgently not to say anything about it, as the endorsement of the paper was perfectly 1 good, that he had yielded to the argument that If anything was said about it the teller and the bank management would be injured. MT. Bradley, who is proverbially big hearted man, finally consented to see the maker of the paper, who was sent for and I promised to take of it when it became due He proved to MT. Bradley's satisfac- tion that he was fully able to do so and said that all that was wanted was time to pay the paper With this assurance Mir. Bradley, ont of his kind heart to save another from serious trouble, finally consented not to make any exposure of the matter. So it has run on until the visit of the bank examiner several days ago, when it had to be explained. Friends of MT. Bradley feel that the only mistake he made in the matter was in not telling Governor Bigelow of the case when it wss first discovered. President Bigelow and other officers of the bank state, | it is said, that as yet they have no evidence | that either MT. Bradley or Ar. Palmer profit ! ed in any way by the transaction pecunisri- ! ly, and that they do not question the hon I esty of intention in the case.
 1 Many business men on the street yesterday l said they could not be made to believe that I either of tfle parties had ever done anything dishonest.
 The name of Lieut.. Gov. Merwin is men tioned in an afternoon paper as one of the directors. He was one until a few months ago when he resigned to become president of \ the Yale National bank.
 Attorney Arvine, counsel for MT. Bradley, says he has complete defense in the case. \ Further than that he refuses to be inter viewed except to state that the complaint
 against Mir. Bradley does not allege any l criminality.
 | It was rumored last night that securities 1 mostly in real estate, had been turned over | to the bank to secure certain paper held by
 the bank which had not passed under the di- rectors' cognizance.