The morning news. [volume] (Savannah, Ga.) 1887-1900, 1891-06-09
CRASH OF THE KEYSTONE
wANAMAKsR APPEARS BEFORE
THE COMMITTEE.


He Makes Long Statement of BIS
knowledge of the Banks Manage
ment - his Friends Congratulate
Him-Treasury Officials to Tell All
They Know.
WASHINGTON, June s.-President Harri-
son bad a conference to-day with Secretary
Foster and Controller Lacey in regard TO
the Keystone National Bank of Philadel-
phia, as result of which he dictated a
letter to Mayor Stuart acknowledging the
receipt of the resolutions of the common
council calling for a governmental lnvestI-
cation of the bank, and saying that he will
facilitate a thorough examination OF the
affairs of the bank to the fullest extent
of his power and will see that any officer
of the government found guilty of wrong
doing in t4lat connection is held to a strict
accountability for his action. Controller of
the Currency Lacey will furnish all the cor
respondence and statement of the reasons
governing his action relative to the Key
stone National Bank. Further examination
of the affairs of the bank will be continued
as requested subject to the approval
of the United States district attorney
at Philadelphia. If additional information
is desired as to the action of the con-
troller, it is probable that he will subject
70 the opinion of the United States district
attorney appear before the council COM
mittee. The national authorities, it is
stated, are DESTROYS of furnishing the fullest
possible information, and will give all the
facts connected with the Keystone National
Bank affair, so far as they have any knowl-
edge.
wANAMAKER BEFORE THE COMMITTEE.
PHILADELPHIA, Pa, June 8.-Long be-
fore the hour set for the meeting Of the
subcommittee of the council that is in
vestigating the affairs of ex-CIty Treasurer
Bardsley, the select councils cham
Der, in which the meetings are held,
was crowded to its utmost capacity.
Interest in the proceedings Of the COM
mittee had been intensified by the
promise of still more startling develop
ments in connection with the looted bank,
and by the fact that Postmaster General
Wanamaker had signif1ed his willingness to
appear before the committee and testify to
all the knowledge he had in reference to the
banks management. The bank examiner,
Mr.. Drew, was racked with questions by the
committee for an hour before Mr.. Wanna
maker arrived.
A LONG STATEMENT.
When he came he brought a large roll of
manuscript. He at once proceeded to bust
ness by stating that he as a taxpayer, had
great interest in unwilling the affairs of the
Keystone bank. He stated he had prepared
and proposed to read statement that he
had in his hand. He said that the
paper was an answer to all
the allegations that have connected his
name with the Keystone bank and was at
the same time full aud complete statement
of all his transactions with the bank. Before
beginning to read MIR. Wanamaker said that
when he concluded he hoped the committee
would ask any questions they desired. The
reading of the paper and the subsequent line
OF inquiries consumed fully an hour.
MADE WITHOUT FALTERING.
During this time Mr.. Wanamaker re-
manned standing, reading the paper and
answering the questions that were asked
him in a clear confident voice that was per-
fectly audible in all parts of the chamber
As Mr.. Wanamaker read he occasionally
stopped and said a word or two in explana-
ton At some particularly telling point he
would raise his voice, emphasizing the
words and striking the sheet smartly with
his hand. As Mr.. Wanamaker had said.
the paper was a categorical denial of every
allegation that has been brought against
e him, emphatic aud without eqivocation, as
were his subsequent answers. Mr.. Wanna
maker further added at the conclusion of
the reading of his statement that the COM
mittee were fully at liberty to verify by his
books and papers everything that was In it.
CONGRATULATED BY HIS FRIENDS.
When he had finished his many friends in
the room and among the committee pressed
forward and shook him cordially by the
hand. For the short time after ward that
the committee remained in session Mr..
Wanamaker stayed and listened to what
was going on. The evidence given before
the committee to-day by Examiner Drew
was interesting, although there was but
little new in it.
Toe grand jury this afternoon found
eighteen bills Of indictment against ex-Citv
Treasury John Bardsley, charging him with
appropriating to his own use the city and
state funds. Bardsley is now 10 prison in
default of $780, 900 bail to answer the
charge of the embezzlement of $50, 900.
Eighteen bills of indictment were found on
that number of specific charges under three
separate heads of money loaned by pub
lie officer" deriving gain from the deposit
OF public money" and converting public
money to his own use by investment"
DREW CONDEMNED.
A meeting of the depositors of the sus-
pended Spring Garden National Bank was
held tonight. at which resolutions were
adopted condemning the course of Bank
Examiner Drew with regard TO both the
Keystone and the Spring Garden banks,
and calling upon the proper authorities to
ask for his resignation at once