The Indiana State sentinel. [volume] (Indianapolis) 1868-1895, 1891-06-17
ANOTHER SENSATION.
Assistant Secretary Nsttleton in . Bad
Position.

PHILADELPHIA, June 1.-THE investi-
eating committee OF the councils met this
afternoon and ]. r. Reid, u. S. district
attorney, appeared before it and made Il
personal explanation of his course in
acting attorney for the keystone bank
as a member of the law firm Of
Reid & Petit. Auditor McCamant, the
next witness, by the advice of the
encouragement, refused to answer
any questions that would be dis
advantageous to the case OF the state.
He then read a statement in which 1t
WIS shown that there was still due the
state from licenses, municipal loans and
state taxes on personal property collected
by John Bardsley for the year 1890, total
of SSl5, 70l.02. The money owing the
state for the year 1891 from these sources
is not vet due.
Harry G. Jones, assistant bank ex-
aminer, testified that Comptroller Of the
Currency Lacey was here on Feb. Is
last, and was at the Keystone bank.
He was shown statement OF the condi-
ton of the bank including the falsifica-
ton of the ledger, the padding of the New
York bank accounts and the carrying Of
due bills assets.
Ex-Director of Public Works j. E.
Wagner testified to the conferences be-
tween himself and the officials of the Key
stone bank regarding hisacceptance of the
presidency of the bank. Gen. Wagner
said that after he discovered the condition
of the bank he declined to have anything
further 20 do with the bank.
Gen. Wagner was asked what he knew
about the Spring Garden bank.
Gen. Wagner, who before he was ap-
preached on the subject OF the presidency
of the bank was a candidate for the re-
ownership OF the bank, testified that when
he first went to the bank on the subject
of the presidency, he said to Bank Exam
liner Drew that he understood that the
receiver had been decided upon, and
that he was to be Nelson I.
Evans, president OF the Spring Garden in
surance company and director of the
Spring Garden bank. Gen. Wagner also
added that he understood that Mr.. Wanna
maker Was backing Mr.. Evans for the po-
sition. In reply Mr.. Drew said to Mr..
Wagner: mo, l think you are mistaken.
Mr.. Wanamaker has nothing to do with
1t. Now that explains something did
not understand. Assistant Secretary Net
tleton is great friend of Evans and he
is probably backing him for the position.
IL also explains some accounts ~ the
Spring Garden L did not understand,
where Nettleton appears as a large bor-
rover"
Gen. Wagner said that he had since
looked in the papers for the name of AS
sistant Secretary Nettleton as one OF the
debtors of the bank, but had not seen it.
The committee adjourned till Monday.
w. P. Drew, the national bank exam.
iner when asked in regard to the state
ment of Gen. Wagner that Assistant
Secretary of the Treasury Nettleton was
a large borrower of the Spring Garden
bank, said that he had never told Gen.
Wagner such thing. Col. Drew after
ward said that he had no recollection of
having said anything on the subject Col.
Drew was asked:
"Well, is il so that Gen. Nettleton was a
borrower of the bankf"
81 can't answer question like that, as
/ am not allowed to do So" replied Col.
Drew.
Mr. Nettleton tonight said: AFTER the
bank had been closed some days and when
the comptroller of the currency was con-
sidering several namesfort the receivership,
/ suggested that of Mr.. Evans and recon-
mended that the comptroller make in
quiries in Philadelphia as to his fitness,
which he proceeded to do. had not a
suspicion OF any financial weakness or
COMPLICATION on the part of MIR. Evans or