The sun., 1889-01-31
What Moore, the Defaulter Saws.

An Indianapolis reporter succeeded in OBJ
tainlng an interview with Moore, who is at
present closely conining himself to his resi-
dence in that city. He talked with consider
able freedom. denying the rumors that de-
positors in his bank would suffer. He stated
that he had turned over to the Connecticut
Mutual property worth 100000. When
asked if he knewwhat course the officers of
the insurance company would pursue, he
said Il have no. idea of their plans. am
simply waiting for Developments and am en-
tirely in their hands | want it understood
that have remained here to face the conse-
quenees of my acts of my own accord.
When | was informed that Mr.. Alb
bott, the secretary of the company, was com
ing out here to investigate my affairs, |
had plenty.of time to leave the country and
save myself completely. l decided to stay
right here, and when Mr.. Abbot arrived I
told him the WHOLE truth about the condi-
ton of my business. | did not conceal any
thing, however trivial, and then said to him
that proposed to remain here. | told him
that he could always find me if he wanted me,
and promised him that would not commit
suicide either. So here am waiting for any
thing that may come" Moore stated that his
troubles dated back to 1880. "In 1870"
he said, "alaw was passed prohibiting foreign
corporations from bringing suit in the federal
court. That destroyed my business. For
bND OF tIEet J6qF5 ulu HOUutuS dU All hHQ
became very despondent. Just before that,
short time, l had gone into bankruptcy,
and an intimate friend who had indorsed my
paper was heavy loser / always considered
that l was in honor bound to repay
him, and it was in attempt to do this that
my present troubles really began. had no
business, and yet had heavy running ex-
penses, and at the same time was striving to
repay my friend money he had lost by me.
had loaned great sums of money for thecom-
pany / represented, taking real estate st,-
curity. After the panic the borrowers were
unable to pay off the mortgages and the
property fell back into our hands. 1t had
deprecated greatly in value, and was natur-
ally run down and in very bad repair i felt
myself more or less at fault in having placed
the loans SO badly, though in reality l done
the best could. / was extremely Sensitive
on this point. / saw the company losing
thousands of dollars in investments that had
been made on my judgment. All these
things piled upon me, and as time
passed on grew MORE and more burden:
some. Many time felt as though should
lose my mind was beset on every side, and
felt bound to do something to relieve myself
and yet there was nothing / could do. Al
| this point went to New York and began I'd
speculate in stocks. had fair success, too
| and made some money, but whenever came
back here ] lost my head and everything
| WenI WRONG. mQOFo uecllUeu TO say now
| much he had lost in stock speculation II
| is obvious that his Irregularities with thf
company have existed for years, vel
nothing has been done on the part d
| the company until the first of Janu
| aTy this year 1t is current report that Col
| Greene, president of the company, has known
| for more than O year that Moore was EN-
| barrassed, if not o defaulter, and it is assert
ed, though the secretary of the eampany de
nies that statement, that the vice president
! of the company asserted to other general Off
| GERS of the company years ago that Moore'i
accounts could notb be right, and that some
| thing was radically wrong 1t is believed by
| these that the defalcations amounted tC
| $5O0,000 two or three years ago, and that
| now, together with shortages in other de
partments of his business, they will reacl
/ S750,000 if not more. Secretary Abbott
however, to-day expressed his belief that th,
/ defalcation would not exceed $500, 900.
Some miscreant opened aswitch near Mizah
/ three miles souf Il of ReidBvilIe,N. c.. and TIN
| north-bound freight train was derailed Th
| victims SO fur aB known are Fireman Adam
and Brakeman Lee. The engineer saw I'll
danger and jumped in time 10 escape will
| only severe wounds, but Fireman Adams wa
buried under the debris Brakamnn Lee.
| body has not yet been found, although IL
known to be among the ashes OF the eighteel
cars, which were piled upon the engine in
heap and burned. The conductors and 9th
ers whose names .cannot be learned were ais
wounded.