Telegram-herald., 1890-02-06


Nhils steele bid tAs Direettlg- Nhas
the Dstea,s Proposes 90 Prove.
WHAT Is new faul.ally known az
~t. Er.st eases esr.. rn - t........
.-. rss.
/ tssLL. ellelt 4l $4,000 tFam tlH Steele
Z Pack rr AID lsf8s.,.al g.1..ns.s sr.t
ana 71s.-'-~ +~--f "--ltl l1t iAr 0e-
teuse wheh ae had % aAGe. lae pao-
gfe were renr. ,e.tsI by pl,....lt..
+ -,..~t
y ~ A-->'4s-ti attorney ~oi TIE ue-
E ierse, stated lAat 81 aas the purpose ui
tle defense - eItl testimony Wllcl
would materially - .1 10 tue story oI
T Use ease a. tod oy TIE pos aeutloa.
4 he prosecution have acted on tle theory
. that NJ. Broad Was treasurer u tuc
: Packing and PROVISION Companys al1
. Rat be nld tnhezL.ed lts funds. Ihe
/ defense puIpos11 10 SHOW tltt MI.
F steele IA, I-c controlling aprl ~ tne
F whole busiu IS OI tne company and MS
f
F 90 all the company ahars mat he
alone could be hcld responsible Tor
whatever Was done. Mr.. Broad had, it
+ + true, occupied the nominal position
/ 0I treasurer, uut, under Mr. steele E
domination, ne was only common
mp-Oye a. i4f a. any respons.hle free
dom OF acton was concerned.
After the establishment OF Tie
/ etali branch Of tie business,
/ SIR. steele felt that the establishment
might curtall expenses 10y the employ
ment OF fewer men. Accord n9ly, men
were discharged. and TINS acton III
| creased the burden OF work Tor those
Nho were left. The case OF the book
Seeper IS one III point. liz has already
sworn that sometimes his work lell be-
/ and because he was taken from uls
look, ana put - other work. Ii has
already been shown that many OF tn
small sums winch Mr.. Broad Is charged
| with embezzling had really gone into
/ -he business, and il Will be shown that
al other amounts claimed 10 be embez-
LED had gone the same way. The larger
amounts wAl also be accounted Tor. IL
has already been shown that Mr.. steele
/ GOT the Iull amount OF the Two checks
81 $1,000 each. steele has admitted 10
htr. sherman, as here testified, that OF
me $1,000 ne got $500. Nr. Steele also
admitted that he received $1,000 or
$500 OF the two checks OF $1,000 and
$1,000. On the $4,000 check Mr.. Broad
/ drew the $4,000, pald IN 5000 20 the
/ FIFTH Nationa Bank, paid $500 to Mr.
+ steele ""d Mr.. : le paid $1,000 to the
o er ! factory in Iona. M. steele
4
Rr All, lcIt the same day for
Cnicar nj tnon Mr.. Steele
Jald 5000 - his Chi ago brokers for
! 0i,>.a ug on Boar of Trade. Or
Iers We xiv TO Mr.. Broad by Mr.
steele /. ~ ca, these transactions 10
the books cal hc did not wish II to
! be known ny Ody that be was Oper-
! ating in that wa. With reference TO
! the hIu-bOCk, winch Mr.. sherman SAYS
/ he could Ot get hold of. we prove that
Mr.. steele directed Mr.. Broad 20 keep
! It privately, and not 10 let II pass INTO
DC hands of anybody. With reference
to the mortgages, Mr. Mitchell sad
that the mortgages were made on
/ July -, and not recorded until August
-, and were all marked for record
within intervals Of five minutes. a
| tlNA tlt uOAl llOlI llldl bliilt vi. Di tdl
was arrested for the embezzcm,ut OF
| 10000. That same night Mr.. StcClc's
Ittorney GOT himself interviewed by a
/ -cpOrter. and the next morning the De
! trO.t Free Press appeared with a long
,ccouut of the matter. A 10 the $1,000
winch Mr.. steele claimed that he paid
/ Hr. Broad on the western property, Il
/ viii he shown that for TINS Mr.. steele
/ promised 10 take up notes Of
$3.50; that twice afterwards
these notes were received
hy Mr.. Broad and ndorsed by Mr..
| steele. This Is a private transaction
/ between Broad and Steele, and yet Mr..
/ Broad is charged with cmhezzling that
/ amount. SAID Mr. Mitchell: The
blackest part OF this transaction is that
/ Mr.. steele executed these mortgages
/ and kept it secret, and sent Mr.. Broad
10 Milwaukee To purchase goods when
hc was practically bankrupt, and then
mad Mr.. Broad arrested TO cover up his
/ losses on the Board OF Trade
The first witness was Charles Libby.
lie testified about a purchase of land,
Too paying M. Broad IN currency
X. ii. boNce nad. and presented some