Delaware gazette and state journal. (Wilmington, Del.) 1883-1902, 1891-06-11
NANAMAKER'S BANK STOCK
The Postmaster-generaI and
His Keystone Shares.
HE HELD THEM AS COLLATERAL
Eighteen Indictments Against
"HoneSt John" BardSley.
Pushing Him So Hard 1t is Thought He
May Give Away the Story of How
Pennsylvania's Strong Tin Box Was
Emptied.

Emptied.
PHILADELPHIA, June s.-The chamber of
select councils was crowded to-day when
the hearing in the Keystone Bank case
was resumed. Postmaster-general Wanna
maker was expected TO be the star witness,
but did not arrive until after Bank
Examiner Drew, had taken the stand and
was therefore Obliged to wait. The eXami-
nation of Drew went over the same
ground. its purpose being to fix more deli
nately the dates OF certain occurrences
On the 9Th of January Drew obtained
Marsh's confession through one Of the
directors, by which he was apprised Of the
fact that there was a deficit OF $4,000 in
the bank. On the 9Th he took charge of
the bank. On the sth he began SYSTEM
attic examination Of the | $50 accounts. On
the same day he wrote private letter to
Comptroller Lacey telling what was
going on. lie made trial balance ON
the 9th, another on the 18th, another
on the 18th and finally made an official re-
port to the comptroller on the 2Ith. He
did not discover an impairment OF the
capital until February LIST. Up to the 2ith
OF january all that he knew was that there
was deficit Of SGOO,O 900 growing out of the
Lucas estate. He was trying 10 nse Fresi-
dent Marsh as means of effecting set
Element, with the understanding that after
At that time, counsel for the bank was the
firm Of, Read & Petit Read being the
United States district attorney. JUnn ;.
Mckinley was counsel up 70 January 10Th
or llth, and then Read and Petit were en-
gagged. Mr. Drew also testified that 25l6
shares OF unauthorized Stock had been is
sued. He did not discover this until eight
days after the bank had been closed.
POstmaster-general Wanamaker pre-
scented written statement to the commit
tee covering every point Of his relations to
the Keystone BANK. His explanation Of
his possession of ONcr-issucl stock was that
he some years ago was i'll a Reading rail
road deal With the late President Lucas.
When the latter died Mr.. Wanamaker
found % his surprise that the whole bust
ness had been charged to lis (Mana-
maker's) account. lii strengthening out
this matter with President Marsh and MIS-.
Lucas, Mr.. Wanamakcr, it is stated, was
given lot OF re-issued stock which he
supposed 70 be genuine. When he discoy-
cred that il was not he returned ii, Mr..
Wanamaker was away with the President
on his western trip at the time when
rumor says he was eXcrting himself at
Washington to prevent the exposure of
the banks affairs. He denied specifically
that he had had any dealings with Bards-
icy; had proiited directly or indirectly from
connection with the Keystone Bank had
known beforehand of the probable failures
had suggested Il receiver or delayed one
minute the appointment Of one.
COMPTROLLER LACEY WILL ANSWER.
A dispatch from Washington SAYS "In
response to the letter of Mayor Stuart of
Philadelphia, addressed to the President,
Comptroller Of the Currency Lacey will
furnish all the correspondence and a state
ment of the reasons governing his action
relativetothe Keystone National Bank The
further examination Of the affairs of the
bank Will he continued as requested Sub
iect to the approval of the United States
district attorney at Philadelphia. If addi-
tional information is desired as to the
action of the comptroller, it is probable
that he will, subject to the opinion Of the
district attorney, appear before the council
committee. The national authorities, il is
stated, are DESTROYS of furnishing the fullest
possible information and will give all the
facts connected with the Keystone National
Bank affair so far asthey have any knowl-
edge
4 meeting Of depositors of thesuspended
Spring Garden National Bank was held to-
night at which resolutions condemnine
the course Of Bank Examiner Drew with
regard 70 both the Keystone and Spring
Garden banks, and calling upon the proper
authorities to ask for his resignation al
once, were adopted.
BARDsLEY's INDICTMENT.
DlStTlcl attorney bfaIaIn presented inc
bills Of indictment against ex-Gity Treas
urer John Bardsley to the grand Jury to
day and eighteen true bills we're returned
enough to send him to jail for IS years
They charge him with misappropriatior
of $4,000 belonging to contractors and il
charge of the city and embe2zlcmrnt Of
over 100000 Of state funds The charg,
of perjury ON which Bardsley was to hay,
had further hearing will probably b,
abandoned, as no record can be found o
his taking the oath of office The oath il
very elaborate affair, but ii does no
seem TO be anybody's business to admins
ter it or see that it is administered. On,
purpose Of pushing the trial now is t,
have BardsleY's future settled, and thet
try to get from him a statement as to whu
has become of the State money, which il
still unaccOunted for, There are sinistc
suggestions atloat to the effect that Bards
ley is to be hurried to prison so as TO Civ
an excuse for stopping the investigation
but if there is any such desire on the par
of some people it will not be gratilied
The Republican papers are afraid of tn
effect of the exposures on the party
future and think it better to have then
made complete and get done with them.
Frank Brenton, cX-treasurer of the Mill
ward-Clif Cracker Company, has fled til
city. 1t has Just been made public that
warrant for his arrest was issued on Ma,
2sth by Magistrate Dcylin, upon informa
tion lodged by T. Broom liciield, Iii
rector OF the company, charging l}rentui
and Francis w, Kennedy, president of tn
wrecked spring Garden Bank, with con
spring to defraud the cracker compnn
out of $4,000 by means of unauthorize
promissory notes.