New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1891-11-04

conversation. On this assurance he was adj
mitted and went to Mr. Bliss chamber. His call
proved to ~ an extended one and he discussed
matters Of business that could not but disturb the
sick partner.
Incidentally, it was stated Mr.. Bliss intended to
go South for short time previous to returning
to Boston and joining with the assignees and Mr..
Tobin in settling up the affairs Of the hrm.
For some reason or other, the news that Mr..
Bliss intended to leave the State disturbed
Mr. Paine greatly, and yesterday he swore out
warrant for Mr.. Bliss arrest, on the plea
that he intended to leave the State to avoid the
payment of his debts. At o'clock last evening
Mr. Paine, armed with his warrant and accom-
panied by two officers, drove to Mr. Bilsss resi-
dence The officers entered and notified the aston
ished young business man that be was under ar
rest and would be taken away forthwith Mrs.
Bliss greatly alarmed, sent TO the Algonquin CLUB
for Colonel Albert A. Pope, and also for DR..
Journegan and Commander Solely, all of whom
FASTENED to their friends assistance. Colonel
Pope aud DR.. Journegan signed bond, assuring
the anxious creditor that Mr.. Bliss would ap-
pear when he was wanted.
The bond was sent down to the carriage, where
the creditor was waiting, and was accepted
But this did not end it. Colonel Pope, ex-
ceedlngly indignant at the episode, turned to 60
home and was met at the sidewalk by Mr.. Paine.
whom he knew slightly Mr.. Paine ex-
tended his hand, when Colonel Pope turned
upon Ism in wrath, and said NO,
sir. I do not care to shake hands. do not
know of more contemplate act than your
attempt to take this young man from his SICK
bed, knowing, as you did, that his physician
had eujoned quiet and carry him to jail especially
when the claim upon which You base your action
is already secured for four times it's value"
But" interposed Mr.. Paine. IL did not intend
to arrest him."
"Tben what do these officers mean do not
wish to hear word more from you, and II you
ever speak to me again / will knock your teeth
down your throat"
This vigorous language put an end to the ais
cussion, and Mr. Paine, somewhat crestaiieh'
entered his carriage and was driven away.
The city of Somcrville had more than $4,000
On de,osit in the Maverick, 700 having been
mt there on Saturday, the last day that the
bank was open.
Colonel Albert A. Pope, who is one OF the
aasignees of Irving A. Evans, was ama2ed To-
day when he read the statement of Asa T. fotter
This brought about an interesting CONVERSATION
as to the reason for the suicide of Mr.. Evans ana
his relations with Mr.. Potter. Colonel Pope says
that he was the most intimate friend OF MI
Evans. and although entirely different in tenn
nerament and in Methods OF doing business, yet
he never knew o. man more loyal TO his friends or
more honorable and Straightforward in all his
transactions than was Mr.. Evans. Several years
ago. Colonel Pope says he endeavored to induce
Mr.. Evans to quit his relations with MI rottcr
and to that attempt Colonel Pope attributes INC
hostility which he feels Mr.. Potter has against
him. At that time Colonel Pope pointed out To
Mr. Evans the dangers Of the extensive specuauons
in which he was engaged, and urged MIN 10
abandon that field and confine his business 10
brokerage only Mr. Evans replied that he had
| gone so far in the line he had pursued that IL
| would be impossible for him to withdraw lie
was entirely under the influence, as Colohel rope
| believes of Mr.. Potter
So urgent was Colonel Pope that Mr.. Evans
should change his base of operations that ne
offered, if Mr.. Itvans would then wlnd UP us
affairs, to lend him S5O,OO9 without security, 10
begin business again as stock broker MI. Evans
ueclned the olleT Coionei Pope attributes tile
suicide OF Mr. Evans TO Mr. Potter, and its cause
was the joint account between them III specua-
non which upon the books of Evans ~ Co. APP
pears as special No. l and Special NO. =
these two accounts amount to about S6Oo,ooo,
also from certain checks in their possession, the
assignces believe that nearly S?Oo,o0o OF ne
amount was the personal obhgauon Oh Mr. ROT
ter The pressure brought upon Mr. Evans by
Mr. Potter was great at about the tnhe MI:
Evans killed himself and was in consequence OF
the fact that Bank Examiner Mag fuaer haH oesuh
IN examination OF the affairs OF the Maverick
oank' which was temporarily suspended ac-
count of the illness of Mr.. Magruder. ~,
In is reported that Mr. (Otter wanted Mt
Evans to bring to him 100000 in bonds that
had been sent to him by New-York parties 10
sell, and that Mr.. Evans partially consented so 70
do but changed his nina and took the Donds 10
his brother, with instructions to return them 10
the owners, which instructions were carried out
Colonel Pope says that III ms opinion oh ont
fifty cents on the dollar, and that Mrs. Evans
would be enabled, from the sale of the house on
Commonwealth;ave., and the DIVIDEND she would 1a
receive from $3.50 she had loaned her nus
band to put into his business, to have COM
MIR. Potter, president of the embarrassed
Maverick National Bank, in speaking OF his
alleged responsibility for the suicide OF Irving
a. Evans. and it's alleged effect in bringing ABOUT
The loss of the Maverick National Bank on
account OF its dealings with Mr.. Evans would pe
about $780, 900 the collateral could be udiclous
ly disposed Of The banks dealings with MI
Evans can in sense be considered the direct
cause of the suspension. The real causes OF the
failure are somewhat complicated Inc mist tahg,-
BILE thing was the refusal by President WlmOt H.
Evans of the Winthrop National Bank to accept
one Of our certified checks Although Mr. Evans
had no desire that the matter tt, should 1SNd
ing House Committee sat upon the case ana ue-
ciGed to make an examination. This was more
than a week ago, and before the situation reached
a critical stage, and the way in which they made
the examination was highly significant In the
first place, they went through the whole list
OF assets ana cilaIScu oIl 40 SnViciS WIZ"
every item which, in their opinion, was in any
way doubtful. or course, in tie nature OF things,
there was Il great deal of paper and other securi-
ties of whose value the members OF that COM
mittee were entirely ignorant. Having thus re-
duced the net value of our assets IN their
estimation in this way, they proceeded TO
argue that, in all bank liquidations, there
was an average shrinking of 90 per cent in the
value of assets when it came to winding up
concern Then, forthwith, after throwing out
everything about which they had any doubt, they
deGucting 20 per cent from everything that was
left. TIE resulting figures are. in the opinion
of the Clearing House Committee the net market
value of the Maverick National Banks assets to-
day. or course after such process. the fgurcs
show apparently very large deficit Let me say