Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1891-06-24
WHEELING W. VA. WEDNESDAY MORNING, jim" ssm
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VI state money to Glendenning IL
Co., also to number of banks and
banking institutions through II. Ii.
Yard. l have deposited State
money in the Seventh Man
ufacturers. Spring Carbon, Key
stone, Third National, Peoples
Bank, Columbia. National Chester, Ma
tional and Drexel q Co., and did receive
interest from each OF said banks and
firms. I also deposited State moneys
with the Farmers ahd Mechanics Ma
tional and received interest. In con-
nection with this bank | desire
10 say that the President loaned
money with which | purchased
1000 shares OF stock Of West
Chicago passenger railroad at 500 per
share and sold al about Sl34 per share.
The profits from this stock is very large
and will 20 to the benefit of City and
State though do positively and abso-
lutely deny that there was ever dol
lar of either city or State money used
in the purchase of any Of
said stock. | was unable to make
nay payments of public moneys and
deemed it my duty to assign or transfer
my claim against The Bradford Mill
Company to John AMI James DObson, my
bondSmeu, to both city and State in
5000 knowing they must pay $780,
600 to State and $1,000 to the city,
which sums OF money they stand ready
and willing and able to pay, upon their
legal liability being shown.
In concluding his statement Bardsley
says:
''For the past twenty years my house
hold expenses have never exceeded
fifteen hundred dollars per year, which
sum also included my personal expenses.
In March last moved to Germantown
to be near the factory, buying last
June property costing $50, 600, which
sum represented my wife's savings OF
her ten cent pieces and nay savings from
all outside sources, all set aside towards
this home which my wife and were
preparing for our old age. married
wenty years ago, and from that day to
this we have lived and denied ourselves.
l understand am to be sentenced on
three charges.
Flrst-Loaning public funds.
Secend-Receiving interest on public
funds, and
Third-Buping securities with public
funds. These three charges l admit
to be true. The third charge
buying securities with public
funds-it is true, of the
other charges, | did not know that
there was law against it, OF this last
charge, l bought securities with the
sole thought of making secure a large
portion of the money in my hands.
1t has been asserted that many promi-
nent politicians and others have been
borrowers. 1t is true l have assisted
many men in private, political and pub
| lie life in small loans, yet in every
| instance so FAR as | can remember the
money has either been returned or /:
amply secured. l was not aware Of the
existence of the act of 1860, under which
being any law prohibiting what l have
done or l never would have attempt
e0 it.
! | never In ny life violated the law tc
my knowledge, never was even accused
of it, never was arrested in my life or
any charge and have always 9ried TO be
good and faithful citizen in every re-
spect.
have resided in this city over forty
years, thirty-tiye Of which have been in
active business and over twenty-five
years in public service, my mind and
body being devoted to public interests,
working fourteen to eighteen hours al
most every day and during these
years living in most cconomi
cal manner because Of want of means
never expending on myself or family at
any time over S1,500 per year. Now,
advanced in years with q wife and
family to support, / am stripped of all
my property, my family penni-
less, thrown on the charities OF
the world, my reputatiog destroy
ed and my body in prison, and all for
what? Because a bank has failed in
which l hlaccd the money entrusted to
my care and because l have violated a
law to me unknown and never before
enforced.
At the conclusion Of Bardsley's state
ment, Dstrsct Attorney Graham asked
the Court to suspend sentence indefln-
itely, so as to allow the expert account
ants to pursue their investigation fur
ther, This the Court agreed to and
BardSley was taken back to prison.
The proceedings OF the morning
session of the court will be found on the
Sixth page.