The morning news. [volume] (Savannah, Ga.) 1887-1900, 1891-06-24

II.
brown said that the investigation had not
reached that point where he could say that
bardsley had profited a dollar by his trans.
actions. Mr.. Brown was forced to acknowl-
edge that there was an actual profit to the
city OF about $4,000 between the money
bardsley received at interest and the money
ne lost in stocks, as this money has been
turned over to the city.
THE KEYSTONE BANK DEPOSITS.
MIR. Brown also said that he believed
from his examination SO far as it has been
conducted that Bardsley did deposit $945, :
600 in the Keystone Bank and got due bills
Tor 1t, as he says he did. Mr.. Brown
further said under Mr.. Alexander's skillful
handling that, with the exception Of the
school fund, part of which was returned to
the state by Bardsley, that the oity's funds
were intact. This concluded Mr.. Browns
testimony.
Taylor Fauncs was recalled, and said
that the total amount unaccounted for wss
100000.
BARDSLEY'S VERSION.
In the course of a long history of his de al
lngs with the Keystone bank Bardsley said: :
The transactions with this bank from Jan.
l, 1889, the time l took my seat, up to Octo-
Der or November, 1890, were entirely salts
factory. All demands on the bank were
promptly met. In October or November
1890, the financial panic commenced, caused
largely by the failure of the Barings in
London, which panic swept over this city,
and. in the latter part of Novem-
Der the Keystone bank showed evidence Of
trouble. l was applied to by the bank for
assistance, but could not give any About
Nov. 20, however, fearful that there might
be further trouble, l deposited with the
president Of the bank 100 bonds of the
Baltimore Traction Company of $1,000
each, to enable him to use them at the
clearing house, where he did use them and
obtained loan for the bank.
NEVER RETURNED.
"These bonds or their face value were to
be returned to me in few DAYS, but never
were. As before stated, during 1889 my
business with the bank was entirely salts
factory. l had deposited with them during
1889 large sums of state money, which when
wanted by me were promptly re-
applied to me in the spring Of 1890 to
make other deposits, complied, and dur>
ing the year 1890 deposited with the bank
various sums, of which Bardsley gave dates
and amounts, aggregatiDg $945, 1000. For
each OF these deposits | received from
the bank a clearing house due bill. The
receiver Of the bank has refused to admit
this indebtedness Of the bank, and the public
at large have also refused to believe / did
make these deposits"
BACKING UP HIS STATEMENT.
Bardsley therefore submits in minute de-
tail various points OF evidence to support
his statement that the money was placed in
the bank and the due bills given him there
for. This proof of Berdsleys consisted OF
entries on stubs of the banks due
"a
ident Marsh and other private men,
oranda. OF this S945,000, Bardsley
says only $4,000 was returned to him.
Continuing, Bardsley says: about Nov /,
1890, | notified that bank that on Nov. 26,
1890, would have to call on them for S40O, :
900 to pay the state treasurer on Nov. &c.
1 was not able TO collect S40O, 200, nor any
part thereof, nor have l been able since to
collect any part of the 1926, 900. The entire
amount is still in the bank, or it should be
there.
DREW'S ASSURANCES.
During all these months. and especially
during December, Bank Examiner Drew
made many public declarations that every
national bank in Philadelphia was safe and
solvent and that the people need fear no
danger. During the fall of 1890, he assured
me time and time again that the keystone
bank was all right and in as
good standing as any other national
bank in Philadelphia, in proportion to its
capital and surplus. Nothing was left
undone on my part to protect the interests
of the city and of the state. When the true
condition of the bank was ascertained
was, with everybody else, astonished that
Mr.. Drew did not know Of the insolvency
of the bank, and SO expressed myself to
President March, who said that he believed
that Mr.. Drew did know all about it,
sMAoKs OF BRIBERY.
"But from the fact that he (Mr. Drew
was under obligations TO President Lucas
and myself also, for money borrowed. he
Cthe president) thought that Mr. Drew
wanted to assist the bank all he could. Prest-
dent Marsh said that at the time of Presi-
deut Lucas death, he (Marsh) had taken out
of Lucas drawer promissory note or
notes signed by MIR. Drew, for money
borrowed, and that he still held
then, and. with what had been
loaned HIM up to date, the same amounted
to 1850. The president also stated that
valuable presents or sums of money had
been presented or given to Mr.. Drew by
himself or Mrs. Lucas, or by both. l assert
most positively that Mr.. Drew should have
known the true condition of the bank, and
bad he communicated the fact to me or even
hinted at it would..never have permitted
the city and state and my own funds to
have remained there.
DREW CONVICTED.
president Marsh stated to me that on one
occasion during the lifetime OF President
Lucas Mr.. Drew came to examine the bank
books. It was a week before the time he
was expected. A messenger was at once
dispatched to President Lucas at his home,
who sent MIR. Drew a note which caused
him to at once leave the bank and postpone
the examination for one week. Mr.. Drew
at one time had an assistant named Tren-
holm. who, President Marsh told me, took
board at his home at the request of Mr..
Lucas, and that this young man kept Presl-
dent Marsh fully advised of the movements
of Mr.. Drew as to the time when he was to
come to the Keystone Bank.
NO DEALINGS WITH wANAMAKER.
"Duriug the time I was in the office of
the CITY treasurer never had any trausac-
tions with Postmaster General Wanamaker,
nor have any personal knowledge of his
transactions with the Keystone Bank.
1 have seen IL stated that prior to the run
on the bank and between that time and
March 20 that Thomas B. Wanamaker,
a son of John Wanamaker, President
Marsh and myself were very often seen
together. This is absolutely false. During
the past two or three years have never been
in company with either John Wansmaker or
his son, Thomas B.. except once, when
called TO ask Thomas B. Wanamaker where
a letter would reach his father, who was
with President Harrison on his trip to Cali
fornia.
WANTED TO NAME THE RECEIVER.
"As | wished to write, and did write,
ToA. N