New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1891-06-13
PHILADELPHIA TROUBLED FINANCES.
ANOTHER DEFICIT IN BARDsLEY's ACCOUNTS
FoUND-CoNTROLLER LACEY'S STATE
MENT READY.


Trenton, N. j., June l2 speciaD.-Harry II. Yard
arrested here this afternoon charged with acting
exCty Treasurer Bardsley's agent in the Illegal
lending Of the city money to various banks. This
according to the Philadelphia authorities, makes him
guilty of conspiracy with Barisey. lie waived a
hearing tonight, to await the result Of the requistion
proceedings, and furnished bail in the sum Of S1o,-
OO0 lie is well-known real estate speculator.
Lately he has been identified with the sea Girt and
Spring Lake Beach Improvement Company. The
Keystone Bank held notes of Yard to the amount Of
S25O,000 secured by stocks Of this company. These
notes and securities transferred to Barsly in
lieu Of part of the state moneys deposit in the bank
An injunction is asked for by Yarey the receiver Of
the bank, in the suit begun yesterday in Philadelphia
restraining the assignee of Bardsley from dsposng OF
the II. II. Yard stock
Philadelphia June 12.-The deeper the expert ac-
countans probe into the affairs Of eXCty Treasurer
Bardsey the more apparent the rascates of the man
become and the enormous which he made away
with are daily added 70. Yesterday the accountants
reported to Mayor Stuart that they had discovered
grave discrepancy In Bardseys accounts with the
State in the school funds To-day they presented
Mayor Stuart with statement showing that for the
year ending June 30. 1890, Bardsley's receipts were
$4OO 900, OF which S25.423 23 was not pa- into the
treasury and for that ending June 80, 1891, 100000
was received by him, no part Of which was paid in.
This makes total of S445,42S % which has been used
by him partly TO repay money due by him to the state
and partly for his own purposes
As soon as the Mayor received this statement, show
ing that Bardsley had misapproprated to his use
the sum of s445 900 from appropriations by the state
for the public schools, he at asked state Treas
urer Boyer for statement Of the moneys paid Bards
ley by the State for this purpose In the last six months
Treasurer Boyer stated that December 81 there was
paid to Barsley in three checks the sum of S42OOOO
It Is SirmIsed that Bardsey used part Of the S445,OOO
to take up the bad checks Of the Keystone Bank for
100000 that he was carrying as cash
The Investigating Committee Of Councils met
this afternoon John r. Reade, United States
Dlstrct-Attorney, appeared before it and made
personal explanation of his course in acting as at
torncy for the Keystone Bank, member Of the law
firm of Read & Pettltt. AudtOrGcneral McCamant
read statement that there was still due the state
from licenses municipal loans and state taxes col
lected by Bardsley for 1890 a total of Ss15,701 o.
The money owing the State the year 391 from these
sources Is not yet due General L. F. Wagner, in the
course Of his testimony said that he understood that
Mr. wanamaker was backing Nelson T. Evans for the
place Of receiver of the Keystone Bank In reply Mr.
Drew said to General Wagner:
"No think you are mistaken. Mr.. Wanamaker has
nothing to do with IT, Now, that explains something
I do not understand. Assistant secretary Nctteton is
great friend Of Evans and he is probably backing him
for the place. II also explains some accounts AZ the
Spring Garden I idnOt understand, where Nettleton
appears as a large borrower
General Wagner said that he had since looked IN the
papers for the name Of Assistant secretary Netleton
as one of the debtors Of the bank but had not seen IT,
The committee at s 80, adjourned until Monday
The Supreme Court this morning decided that CITY
Councils did not have the right to select the successor
to CITY Treasurer Bardsley RICHARD g. oeerS S M Is & thns
onstdl from the Office and the appointment OF W. heu
u,ood Wright by Governor Pattison Is sustained
Washington, Jnne 12--Coptrolr laceys sI,emf,l, Id
IN regard to the Keystone National Bank was submitted @
to the President this morning and formed topic on
discussion at the regular Cabinet meeting IL onS VIII v m
moi he made public until submitted to that body