Evening star. [volume] (Washington, D.C.) 1854-1972, 1891-07-16
MONEY BARDSLEY TOOK.
Detailed Report Made by the Experts Inves-
tigating the Philadelphia Defalcatinn.

The experts appointed to investigate the ac-
counts of John Bardsley, late city treasurer of
Philadelphia, have made detailed report to
the mayor in which they say they have en-
deavored to discover the total amount OF money
received each year at the state desk in said
Office, the share thereof belonging to the state
and to the city and the amount of expenses
and other items deducted therefrom so that
the net deficiency in the accounts of the late
treasurer may be definitely ascertained. The
report shows: Net amount due to the state.
81 .5s5, GO2.95; net amount due to the city,
81 .Oos, $40; total balance due to the state and
the city to be accourte; for. S25Ot, 551. IS. The
total net deficiency in Bar,lsleys accounts is
$3.50, 1888. In addition is the interest he re-
ccived from various banks. firms and individ-
uals. together with dividends on stock and Sc
curities. i'll which he invested with public
money. amounting TO at least S225. 003. making
a grand total Oh money misappropriated Of
Sis, S35.33
Amounts claimed as credits by Bardslev.
such as Baltimore Traction Company STOCK,
alleged to have been delivered to Mr.. Marsh
OF the Keystone Bank. or stock which had
been uncovered by the authorities of the
city at the Farmers and Mechanics National
Bank, or value remaining either in the hands
of his assiguces in the Bradford mills or
amounts to be paid to the city and state by his
sureties. must be viewed solely in the light of
restitution. To give him credit for such al
legged values would be 10 credit him with the
very evidence OF his crime and aid him in his
hopeless struggle to avoid darker stain of
wrong doing than any to which he had pleaded
guilty.
An examination of the above statement
shows that Mr.. Bardsey received at the state
desk IN 1889 the gross sum of = 500 COL So part
OF which belonged to the state and part to the
city. or this gross sum 81, 424 .929.4l was col
lected before July l, and on the share of the
state 81 ,062, 10) he made various payments
amounting to S45O, 600. commencing September
II and ending November n, 1882 thus holding
over to 1890 L balance due the state of SGl2-
5l1.10.
In 1890 the gross sum collected was 50 060,-
O35H. or this gross sum 81 ,709 S12 81 was col
lected before July of that year. OF this gross
sum Sl.499, G03.26 was the property of the
state, upon which he made various payments,
amounting to S76G, ZO6.3s. thus holding, at the
end OF $780, almost the entire amount collected
for the state during that year.
The interest received by Bardsley from banks
and by him converted to his own private use
during 1889. 30 and 81, aggregated S202 1875 AZ.
further statement of Bardsleys spccula-
tons shows that he invested e1,116, 6J3 - In
the stock market. This money was paid to his
brokers, Glendenning d Co., principally
through checks on the Keystone Bank. though
few of the transactions show that more than
Sl5O.OO0 had been borrowed by him from the
Peoples Bank with which to buy stock from
VIM. III. kemblc, Peter 4. b. Widener and Vim.
l.. Elkins. after depositing Sl0i37l.55 of state
funds in that bank. Upon this total of
Il. 10 speculation he made losses aggre-
eating 9l7O, 5000 and gains of Sis 1874. 80. a
net loss of S5l ,93525, which might us we'll be
increased by the Sl0O. 900 of Baltimore Traction
Company bonds. which Bardsley gave to his
friend Marsh to help the Keystone Bank ont of
one of its serious temporary predicaments,
for which Bardsiey took Marsh's personal re-
ceipt.