The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1891-07-11
Bardsley Charges John Wana-
maker With Dishonesty.
THE BOGUS KEYSTONE STOCK.
Postmaster General Said to Have
Been Forced to Give 1t Up.
Editor Mcclure Alleged to Have Taken
Bribe for Advocating q Corrupt
Measure-Bank Examiner Drew I'm
der the Thumb of the wreckers.


investigating committee held another ses-
sion today, at which Postmaster-General
Wanamaker testified again concerning his
transactions with the keystone bank.
The statement made by Bardsley to
Editor McLane, Of the Ledger, was for the
first time made public. 1t proved TO be n
long interview, in which Bardsley again
went over the story of the Keystone bank
and stoutly maintained that he put the
$4,000 in the bank, but did not know
what became of it. Bardsley said that
Bank Examiner Drew had been a heavy
borrower from the Keystone, and was COM
pletely under the thumb of Lucas and
Marsh.
IN regard to John Wanamaker, Bardsley
said Marsh told him that Wanamaker
knowingly held over-issued bank stock,
demanded 100000 for it, and upset the
plans for reorganizing the bank. Marsh
retained Sulzberger & Johnson as counsel,
and they made a demand on Wanamaker,
which he refused, proposing that the
Lucas estate should pay him $4,000, Marsh
$4,000 and the bank $4,000 The lawyers
then notified Wanamaker that il the
fraudulent shares were not delivered by
specified date they would resort to
legal measures The shares were then
turned over without delay. Bardsley as
serted that Wanamaker had made the
threat that he would see the comptroller
and have the bank closed before they ex-
pected it. In March, 1870, Marsh came to
him and said that Wanamaker wanted
$4,000 at once and Bardsley let Marsh
have the money. Bardsley also talked
great deal of his connection in the past
with several prominent Phiiadelphians
and blamed them for the stand they had
taken against him.
Speaking of the scheme to get the gas
works from the city, Bardsiey asserted
that Colonel Mcclure, of the Times, was in
it. Mcclure was to get a big block of
stock for his advocacy in his paper, and
was not to pay cent for it.
Regarding the payment of $500 to Hugh
Mullen, Bardsley said that Mayor Filter
wanted Mullen appointed mercantile APP
praiser, and William NJ. Singerly, of the
Record. wanted r. J. Lennon appointed to
the same place. Afterwards BardsIey
learned that Matt Quay and the the an-
ditor general were pushing General Albert
Crawford for the same place. The result
was that overtures were made 10 Singerly
70 draw Lennon out of the fight. and he
promised that if Lennon was taken out
100000 of the states money would be de-
posted in the Chestnut street bank. This
was done, and Mayor Filter got angry at
what he claimed to be broken promise.
Bardsley then paid Mullen $500 TO redeem
his promise to the mayor. Bardsley said
said that b. b. Yard got great deal of the
Keystone bank money. He was in pool
with Lucas and Marsh, and Marsh allowed
him to overdraw his account So 900, even
ha. bo 4ka
The remainder of the statement is simply
the old story of Bardsley's troubles, con-
tanning no new facts.
Yard was then called, but did not re-
| spond. his counsel announcing that his
case had been appealed. The committee
instructed the city solicitor to take steps
to compel Yard to appear Then POST
master-General Wanamaker appeared. He
said he had never pledged the over-issued
stock after he was told it was an over-issue.
and that it was out of his hands at the
time. He did not know Yard. and had
never met Lucas but once Asked what
transpired between him and Marsh at
| Washington City, he said that Marsh
asked him TO assist the bank and
| he declined. Wanamaker said his
firms balance in the keystone bank at
the time of the run was $4,000, and when
| it closed it was much larger. The last
money he received from the bank was
about year before the bank closed, and
the last discount was obtained in October.
1890. AS TO the story told by Bardsiey
about the threats TO close the bank, and
| that the LAWYERS compelled him to return
| the stock, Wanamaker said il was abso-
| lutely false Granville Haines and Samuel
| X. Huey came TO him at Washington City
| TO see him about the over-issued stock, and
| that he told them they must settle for it,
and if they did not, in justice to himsslf
| he should inform the comptroller of the
| currency. After the bank closed he gave
/ up the stock Bardsley's statement that
| Marsh obtained fran him $500, 600 for him
| (Wanamaker) in March, 1890, was abso-
! lutely untrue, and without the slightesl
| foundation, and Wsnamaker invited IL
/ committee TO inspect his books.
Wanamaker was informed by q membor
| of the committee that during their exam.
| ination of the Keystone stock book they
| fuund 300 shares Of stock in his name. in
addition to the 2,5l5 shares which he testi
fed had been given him by Lucas to use
! as collateral for deal.
| "when / appeared before the committee" ssfd
| wansmaksr, 81 confined myself principally 70
/ the business OF the nrm. In my deals with
| Lucas In Reading stock had In hand certain
| private matters, but did not suppose the con-
! mittee wanted TO hear Of private operations"
| Wanamaker then again referred to che
| 2,5l5 shares which he had held as collst-
eral, and gave the committee q list Of
| those he had turned over to the Lucas es-
| tate. That some Of those shares had been
at one time in his name he did not state,
as he had not used them in any operation.
| In regard TO the stock found in his name,
625 shares of it. he said, was held by Irvias
d Roland, his bankers, as collateral This
reduced it 10 1900 shares of stock. OF
| these, five blocks of 200 shares each, were
dated March 3, 1856, and while issued in
his name, the power of attorney had never
been indorsed by him and they could never
have been used. The next lot, five blocks
of 300 shares each. were dated four weeks
earlier. He was director in the Girard
Trust Company. Lucas came 20 him and
asked him to obtain for him loan Of $a0,-
0o0 on the stock.
II have been just foolish enough all my iiis.s
| continued Wanamaker, = 10 those things,
and got the money o. Eek and gave il TO
/ him- considerable ssrward II was paid
| of by the Incas e. . they got the stock
| back"
| Wanamaker a 20 PRESENTED the commit
tee with alettei Ir0pl Lucas dated May q,