The morning news. [volume] (Savannah, Ga.) 1887-1900, 1891-11-14
WALL STREET SCANDAL.
CHARGES AGAINST THE MANAGER
OF THE CLEARING HOUSE.

Newton Squire Swears That Mr..
Camp Has Used His Position I'm
properly and Alleges That Money
Was Borrowed For Ives, Stayner
and Others For Consideration.
From the Philadelphia Press
New YORK. Nov. ia good many of
the New York bankers, whose names are
known beyond the borders of the city,
started yesterday for New Orleans that they
might attend the annual gathering of the
bankers association. The New Workers
had something more exciting to talk about
than the theoretical papers and the suecu-
iative discussions which are to be heard at
this convention. Only an hour or two be-
fore they went away they received state
ment made by man whom every one of
them knows personally, and which looked
rather formidable because of the gilded no
tarial seal which was attached to it, The
paper was not long one, but its contents
were sufficiently lengthy and imp ortant to
cause these bankers to pucker their lips in
surprise, and to bring the frown of anger to
Their foreheads. When they met at the sta
Ton where the special car was ready for
them the first thing they said to one another
was, Have you seen Squre's sworn state
m ra Ia; ITS shocking, awful, and what are
we gong to do about it?n Every one Of
them had seen it, for Mr.. Squire had taken
good care that it should be delivered to
citation.
VI, All DAY yesterday and again today the
wal street bankers who remained in town
nave oeen talking about it, and there is one
::uuIVluual, he who is manager of the clear
.ng mouse association, who was in such a
etaE W, OF mind about it as not even q panic
Uh van street or the collapse of a bank
h %nlcn mad an indebtedness at the clearing
uouse would have caused him. | went
through Wall street yesterday trying to get
iU2py OF this accusation. but the bankers
, mion Vnat diplomacy which is their habit
s %noI tney are seriously concerned +,
hl.4pV looked wise. shook their heads,
SOW auLnltted that they had heard
aaSIlneoooy else say something about
S %oss serious charges which Newton
a S4ulr9 mas made under oath. How
On o VI ~ was able to get copy Of them, not
Su all street, but in its vicinity. They
sae o typewritten, manifolded, and the gilded
,Ii H. az Tue bottom of them is a rather daz-
Tug t'ug ornament. The MIR. Camp to whom
~ 'e accusations refer is the manager of
oearlng house, q man who daily bal
droSo oanK transactions amounting to hun
~ reus OF millions Of dollars, and under
"uose eye olearauces amounting to billions
of ere carried on last year without the error
o. single cent. MIR. Squire, who makes
tbe accusations, has been for many years
c Io cn'et assistant of Mr.. Camp in the
lng mouse, and here is his affidavit:
NEWTON SOURCES ACCUSATIONS.
ro Mr. Camp has used his position to Dor
ma money for Henry s. Ives. Stayner,
70 '' 0a ana others for consideration, that is
wiS y, tor commission, aud has Endorsed
ns auely Tor people not well esteemed as BUSH
was men men OF standing, for the profit which
has s' o paiu him for such Endorsements. He
has, hes allowed his name to be used as a figure
Gn au 20 compin generally considered Of
fashionable sn character, to wit: The Ameri-
enxcnange in Europe, the Financier
trio o,H-snlng Company, the American Elec-
onir; company and others, and, when in
stan ntes were made of him regarding the
auu;uing of these companies. he insisted.
fsS alnss my protest, on my writing very
e rooraole letters. These inquiries or refer
mas ms were often made by parties contem-
pios buying the stock of these compa-
me- 9i ana generally when reference was
-1A0e TO Mr.. Camp be was interested In the