Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1891-06-30
TO APPEAR
POSTMASTER GENERAL WANAkLKER WRITES
A VERY FUNNY LETTER
To the Philadelphia Council Investigating Committee
BE Thinks They understand the ka!tsr'-SCme
Very Damaging Evidence Brought OUt sgalns!
BIN in the keystone Bank Failure.

PHILADELPHIA, June 29.--Contrary
to the general impression Postmaster
General Wanamaker did not appear be-
fore the investigating committee OF
councils this afternoon, to explain the
apparent discrepancy between his pre-
vious testimony relative to his owner
ship of keystone bank stock and facts
subsequently developed by the books OF
the bank. A letter from Mr.. Wana-
maker was read by Chairman Van
OSten.
PHILADELPHIA, PA, June ~.
William B. Van OSton. Esq.
DEAR SIR: 1t seems to be thought
bv some that certain evidence offered at
the last meeting Of your committee Is
not in harmony with testimony dcliy-
cred by me when appeared before you
AS a witness. / assume that your com
mittee fully understand the matter. III,
however, there IS any in.ormatloh
wanted from me | shall be glad at
twenty-four hours notice TO meet any
member or members OF the committee
and explain any or every item OF my
statement or attend meeting OF whlcn
| have notice. JOHN WANAMAKER.
A communication was also received
from ex-City Treasurer Bardsleys coun-
sci stating that If the committee was
desirous OF any information from his
client, they should pat IL in writing and
submit it TO Bardsley, who would ans
wer in the same manner
S.P. Dunham. OF the Mechanics Ma
tional Bank Of Trenton, y. D., teStihcd
that the bank had loaned Henry fard
money on two certificates Of the Key
stone bank, one of which, No $50, was
in the name Of John Wanamakcr, aud IL
mower of transfer on the back signed by
Mr.. Wanamaker. Since the loan was
made the bank has parted with the
Wanamaker certificate. and received
another in its place.
f.. z. Morris, President OF the 0irard
Trust Company, testified that his epm'
many had once held certificate No. i5O
of the keystone Bank, which was heil
As collateral for loan made 70 M
Wanamaker. Each OF the certificates
were for 200 shares. and the loan was
called in October, 1889
Mr.. Marsh, President of the keystone
Bank. came 10 Mr.. Morris and borrowed
the money, staCing at the same TIME
that it would be great obligation To
Mr.. Wanamaler. Mr.. Morris under
stood that the loan was to be made tc
Mr. Wanamal1ar. and AS he nut IT, "w'
were willing at any Jlinc 10 lOGn Mr.
: Wanamaker S40O, 600" The loans were
repaid by the keystone Bank the morn
ing of the day after they were loaned.
Mr.. Morris said that subsequently the
Girard Company loaned Mr.. Wanamaker
money on what he thinks were the same
shares OF electric trust stock.
Howard Spencer Jones, clerk in the
employ OF Mr.. Wanamaker, in whose
nRme several of the certificates pledged
by Mr.. Wanamaker to his brokers stood,
explained that he signed the transfers
on the back Of the certificates at the
request of Mr.. Wanamaker. He didn't
know that the stock stood in his name.
Mr.. Jones said that w. Rankin, in
whose name several Of the certificates
stood, was boy. or youth, formerly in
the employ of Mr.. Wanamaker. Sever
al other witnesses were called, after
which the Commission adjourned.