The morning news. [volume] (Savannah, Ga.) 1887-1900, 1891-07-11
WANAMAKER GIVEN FITS
THE BARDsLEY INTERVIEW WITH
INVADE BROUGaT OUT.

Il W ADS BROUGAT OUT.
The Postmaster General Denies it in
Toto-Wanamaker's Holding of 1925
Shares Of Over-ssued Stock and At
tempt to Get 100000 in Cash for
Them.
PHILADELPHIA, Pa, July 10.-The SUBJ
committee of the finance committee of the
city councils that is inquiring into the
failure of the Keystone National Bank and
the scandal connected with the affairs of
ex'City Treasurer John Bardsley. held
a protracted session this afternoon. The
main witnesses were Robert NJ. McWade,
city editor and VIM. V. Mexican, editor-in-
chief of the Public Ledger. and Postmaster
General Wanamaker. The testimony of
Messrs. McWade and McKean had reference
to two statements Obtained by the former
from Bardsley on June IS and 10, four DAYS
before tae accused city treasure male his
public statement In court when brought I'D
for sentence.
WANAMAKER's REPLY.
Mr.. Wauamaker, after DENYING emphati-
cally the statement made by Bardsey to
Mr.. McWade, which reflected rather
severely on his (Wauamaker's) actions in
connection with the keystone Banks
troubles, explained fully his connection
with 9,625 shares Of Keystone Bank stock.
which the stubs in the certificate book showed
had been issued in MI. Wanamaker's name.
After e. tilt IN committee over hearing in
public the interviews which Mr.. McWade
had with Bardsley, the opponents 20 pub
licity holding that their contents were OF
such a scurrilous and unsupported charac-
ter that the editors of the Leddsr would rot
publish them, it was voted to have the in
terviews read. A majority believed that
they should be taken for what they were
worth.
THE BARDSLEY INTERVIEW.
The Bardsley interview began bv de-
claring that he had made all the restitution
in his power, aad had given up everything.
The 100000 Of the clty's money which is
missing Bardsley asserted he could account
for. He then scored Marsh for running
away and, despite bis protestations that he
would stand by him tBardslev) to the end,
Marsh, he declared, could explain
everything, and could tell where the $780,
600 with the Keystone Bank had gone.
Bardsley added: "Iquestioned Marsh about
the 100000, and be coolly answered that
he did not know where it was l exclaimed,
excitedly: My God you must surely know
what you did with 1t. Where is itr He re-
piled: Il don't know, I tell you. where it
DREw's NEGLIGENCE.
How was it that Bank Examiner Drew
did not discover the banks condition earlier
than he did2n Mr. MoWade INQUIRED.
perhaps there was good reason re-
Piled Bardsley in significant tone, "for his
failure to disclose his discovery. For one
thing, he was heavy borrower from the
bank"
Are you sure of itr'
am positive of it. He first borrowed
from j I'm &. Lucas, to whom he gave his
promlssory note. When Lucas died Marsh
transferred Drew's note to his own drawer.
Marsh told me about that note and could
have put my hand on 1t at any time when
went TO the Keystone bank.
UNDER THEIR THUMB
Lucas had Drew under his thumb all
along, and Marsh Kept him in the same DO
sition-that know, and so does Drew and
so does Marsh. Why, it was really owing
TO Drew that | put so much of the citv's
money into the Keystone Bank IL was on
Drew's representations and at his sugges-
tion.n
Part Of the interview relating TO MIR.
Wanamaker is as follows: "Marsl told me
that John Wanamaker knowingly held over
$500 shares of our over-issue aud had de-
manded 100000 for them, although he had
never paid or given any value for them
"LoeOFSA. 4uAs w hubiIdkbES ueLDaIlQ was
that Mrs. Lucas was to give $50, 600 of that
amount, Marsh $4,000 and the bank the
rest of it.
wANAMAKER's NEW DEMAND.
Everything seemed clear for speedy and
satisfactory rebuilding of the bank when
John Wanamaker upset all our plans by his
remarkable demand, accompanied by a
threat that unless $100, GOO Yves paid over to
ms LAWYER, T. F. Rothermel, he would
close the bank. Marsh was fright
ened and did not know what to
DO l told him to engage good
lawyers at once and Instruct them to de-
mand an over-issue from John Waua-
maker and not pay him cent | shovel
him that John Wanamaker was knowinrl
guilty of crime in retaining those ov,',
issued shares, and that he must not be y ,
mltted to bulldoze the bank.
wANAMAKER wEAKENs.
Marsh took my advice and engaged
Mayer Sulberger and John G.. johnson.
They demanded the stock and Mr. Wana-
maker reduced bis demand to $25, 0C0, but
he and his lawyers we're told that if the
stock was not returned by a GER
tam specified date legal action would
De taken against him. Before
mat date John Wanamaker weakened
ana returned every share of the over-issue.
out while this was going on Marsh was still
-SAtOlCui dlu WSub W LACEY db w aSultR x
ton and made a clean breast of everything
TO anticipate Wanamaker Lacey then
orlered Drew to close the bank.
WANAMAKER. AS A BORROWER
Let me explain TO you what sort OF bor-
rover John Wanamaker was and how he
borrowed. Here is an instance: In March,
lS90, Marsh came TO me in a great fidget,
and said that John Wanamaker wanted
$4,000 from the bank, and must have it
IIlgnt away. Marsh added that he told
,Wanamaker that the bank had not that
large amount Of money to spare
nadnt it on hand, in fact
ana Wanamaker said to him
mat he knew where to get it, Marsh said
70 me that Wanamaker was q good Gus
tolner OF the bank anyhow, and he wanted
70 o6lige him. told him that l could do
hothlng for him. Two days afterwari he
returned and said that Jonn Wanamaker
was persistent and must have the
money; that be knew the bank had
not got it, but If l would lend it
shat the bank would not ask the interest,
NY wonld pay over TO me direct whatever
,"anamaker would agree to give. let
hlm have the money and Jonn Wanamaker
go0 IL. The books of the bank ought to
give good idea of his transactions"
NEWSPAPER MIN UPBRAIDED.
Inc Interview then turns from Wana-
n,aKer ~. aud Bardsley. upbraids Col. Mcclure
3L u the Times, Col. Singerly of the Record,
ION DOlRn n h,,e nd