St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1891-07-11
HONEST JOHN TALKS.
Mr.. Wanamaker Makes a Long
Explanation.

Explanation.
PHILADELPHIA. July 10.-PoStmaSter
General Wanamaker, who had entered
the room while Bardsley's statement
was being read, then stepped forward
and requested that he be allowed to
| testify. Il have" said he, "been
anxious to appear ever since the
question was raised regarding the
stock OF which | previously testified" ."
In answer to questions he said that his
interest In the Keystone bank arose out
of his acquaintance with President
Lucas and his brother when they were
young merchants. He stated that he
never pledged the over-issued stock
after he was told it was an over issue,
and it was out of his hands at the time
He did not know II. II. Yard and had
never met Mrs. Lucas but once, and that
was at an interview about the over is
sued stock.
He was asked to give an account Of
what transpIred between him and
Marsh at Washington. and did so, stat
ing that he asked him to assist the
bank, and he declined, saving matters
must take their course. Mr.. Wanamaker
said that the balance of his account in
the Keystone bank at the time of the
run was $4,000, and when it closed it
was much larger. As to the story told
by Bardsley to McWade that he had
threatened TO close the bank un-
OVer-iSsued stock and that LAWYERS
Sulzberger and johnson had forced him
to return it. Mr.. Wanamaker said was
absolutely false. Granville B. Haines
and Samuel B. Huey came to Washing
ton to see him about the over-iSsued
stock and he told them they must settle
for it and that if they did not in Justice
to himself he should inform the comp
troller of the currency. After the bank
closed he gave up the stock.
BardSley'S statement that Marsh OBJ
tanned from him S200,000 for Wanamaker
in March, 1890, he said, was absolutely
untrue and without the slightest fOun-
datiOn and invited the committee to in
spect his books. Mr.. Wanamaker was
then informed by member of the COM
mittee that during their examination of
the stock book of the Keystone bank they
had found 5000 shares of stock in his
name in addition to the 2, SIS shares which
he testified had been given him by
Lucas to use as collateral for a deal in
Reading stock. Mr.. Wanamaker re-
ferred to the 2,5l5 shares which he had
held as collateral, and gave the commit
tee list of those he had turned over to
the Lucas estate. 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 which had been
found i'll his name. Mr.. Wanamaker
said he was a director in the Girard
Trust company, and Lucas came to him
and asked him to obtain him a loan of
80. NED l. Al l.,
foolish enough" said Mr.. Wanamaker,
''all my life to do those things, and |
got the money on the stock and gave it
to him. A considerable time after
ward it was paid off by the Lucas
estate, and they got the stock
back" Mr.. Wanamaker continued:
II know of no other stock, but / re-
member that ten years ago, when Lucas
was securing control of the bank, he
came to me and said he did not want
people TO know who certain stock be-
longed to, and for time he placed some
in my name"
Mr.. Wanamaker then again went over
at some length the transaction in Read
ing in which John c. Lucas was part
ner, and said that when the settlement
was made President Marsh admitted in
the presence of three witnesses that
The fact that some of the certificates
held as collateral by Irwin Il Toland, his
bankers, were dated after Lucas death,
he said. was due to the brokers' refusal
to handle them while III dead mans
name. In closing his testimony Mr..
Wanamaker read letters from Comp
troller Lacey and Assistant Secretary
Nettleton to Show that he had never
Influenced or delayed the appointment
for an instant of receiver for the Key
stone bank.
After the hearing of the council CON-
mittee, Robert Alexander, counsel for
John Bardsley. was asked if he had any
information or intimation from Mr..
Bardsley concerning the statements
made by Mr.. McWade. Mr.. Alexander,
in reply, read a letter he had recently
received from Bardsley, in which the
latter denied that he had told McWade
that what he spoke of was true of his
own knowledge. He asserted in the
letter that he gave it as gossip, and not
for publication.