The morning call., 1891-06-12
THE KEYSTONE BANK
Examiner Drew Suspended From
Service.
The Presidents Reply to a Letter From
The Mayor Of Philadelphia.
Actions to Prevent BardSley'S Family From
DiSpOsing Of Property and Ger
tain COllateTalS.
eTeoial to THE MORNING CALI

WASHINGTON, June 11.-Lacey, Comp
trOlier of the Currency. has completed his
report in regard to the Keystone National
Bank of Philadelphia aud will submit it to
the President. The President will transmit
it to the Mayor of Philadelphia as re-
spOnse TO the resolutions of the Common
Council
The fact was not generally known until
to-day that Bank Examiner Drew had been
suspended from service pending a complete
investigation Of the matters now under in
guiry.
PHILADELPHIA, June 11.-President Har-
rison. in reply to Mayor Stuart's letter re-
garding the affairs of the Keystone Bank.
says the Comptroller of the Currency is pre-
pairing a full statement OF his entire action
in connection with the Keystone Bank and
will submit the report without delay to the
Secretary Of the Treasury, who will trans
NIT copy to Mayor Stuart. The request
of the Mayor that a committee of the COun-
ell or its expert accountants be allowed TO
inspect all the records of the bank has been
referred to the Comptroller with a sugges-
ton that under the advice of the District
Attorney the receiver permit an examna-
ti0n By proper representatives of the credit
ors into all matters of the accounts and par
ticularly the accounts where frauds or
irregularities are charged, with such reser-
vatiOn OF confidence as the interest of the
creditors of the bank or the ends of public
justice make necessary.
The President, in conclusion, says: 81
am sure you will find every officer of the
Government having any public duty con-
neCted with this matter desrous to CO.
operate with the creditors Of the bank in all
measures calculated to protect their inter
eSts, and to hold to proper accountability
every person having guilty completely with
the failure"
BARDSLEY's CASE.
In court to-day Assistant District AttOr-
ney Kinsey called attention to the indict-
ment charging ex-Treasurer Bardsley with
embeZzlement as a. public officer, and said,
as Bardsley had already pleaded guilty up
on seventeen bills, involving maximum
punishment Of fifty or sixty years, it would
be useless to take up this indictment. The
jury returned verdict of not guilty on
that count.
The announcement Of Bank Examiner
Drew'S suspension was not a surprise to the
authorities here. There was not it Is said,
any particular knowledge affecting Drew's
integrity. but there was a dispute between
Drew and Comptroller Lacey respecting
the Examiners reports before the Keystone
Bank closed. On being shown & dispatch
from Washington, Mr. Drew said that some
days ago the Comptroller wrote him desir-
ing conference on the situation aud suggest
ing the propriety of his not resuming work
until such conference was had, aud yeSter-
day he received Il telegram from the Comp
trolleT stating that he would fix an early
time for the conference. He presumes this
is the foundation for his reported suspen-
sion. he feels ontident that an investiga-
ito will result in his complete vndication
City Solicitor Warwick has flied a bill Of
equity to restrain the BarGsey family from
disposing of certain property in Germantown,
alleging that the purchase money was col
lected by him as City Treasurer. A suit
has also ben filed by the Receiver of the
keystone Bank to restrain Bardslsy's as,
siguee from disposing Of certain collaterals
afp