Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1891-07-21
KEYSTONE BANK SCANDAL.
The Philadelphia Council Investigating
Committee DeIving Into This InIquity.

The Philadelphia Council Investigating
Committee Deiving Into This Iniquity.
PHILADELPHIA, PA, July 20.-The
Councilmanic Committee that Is inquir-
ing into the affairs of ex-City Treasurer
Bardsley and the wrecked Keystone
Bank, held meeting this afternoon In
the Select Council chamber.
The report of the committee Of e1-
perts was presented.
This report has already been pub
lished in these dispatches.
Committeeman Hicks offered reso-
luton that another meeting of the Com
mittee be held on Thursday, and that
the Presidents and Cashiers of the banks
that are alleged to have paid interest to
Bardsiey on deposits OF city and State
funds be subpenaed. The resolution
also requests that the editors of the
newspapers that are alleged TO have
paid 40 per cent. rebate for State ad
yertising and7Auditor General Thomas
McCamant, who is alleged to have re-
ceived a portion of the said rebate from
Bardsley, be also subpenaed.
The statement of Mr.. Huey, who was
the first witness, showed that the in
debtedness of Mr.. Lucas TO the bank at
the time Of his death in 1889, was $780,
900, not 81 900, 900 as has been printed
in the newspapers. This Indebtedness,
had been, so he said, settled by the
,,,idoy Mr. Huav ,,rodrcod lattars O nd
memoranda, which corroborated Post
master General Wanamaker's explana-
ton of his connection with the loan Of
$4,000 and had obtained for Lucas from
the Girard Trust Company the collateral
furnished being one thousand shares Of
keystone bank stock, which the certiti-
cate book showed had been issued in
Mr.. Wanamaker's name, but which that
gentleman denied having owned.
Mr.. Huey said he questioned Marsh
as TO the manner in which the over-issue
occurred, and the latter replied that
'the certificates were all genuine, in
that they had been regularly taken from
the certificate book and signed by the
officers Of the bank, but that the stock
which had been sold was bought in for
transfer and new certificates issued.
The old certificates were not always
cancelled, but were sometimes thrown
into a drawer and used again, il occa-
sion required, and that this doubtless
was the way in which these certificates
held by Mr.. Wanamaker had been
used"
''Of course" he said, "Mr. Wanna
maker knew nothing OF this, and there
was nothing on the certificates to indi-
cate any irregularity."
Mr.. Huey spoke cf the efforts on be-
half the Lucas estate to redeem these
certificates, and said that if a settlement
had been made soon after Mr.. Lucas
death, SIS, 900 would have placed them
in the hands of Lucas, but as time went
on, and the losses on the Reading rail-
road stock increased, the Indebtedness
of the Lucas estate to Mr.. Wanamaker
likewise increased.
Colonel A. X. Mcclure, editor OF the
Times, who had been mentioned in
Bardsley's Statement" positively de-
MED Bardsley's charge that be was to
profit by his advocacy in his newspaper
of the sale by city of the gas works and
the South Mountain water scheme. Mr..
Mcclure said the single grain OF truth
In Bardsley's reference to him was that
he did request that Magistrate Smith be
appointed as one of the collectors of the
delinquent taxes on which fee is re-
tanned, his reason being that Smith was
in poor health by reason of his suffer
ing from wound received during the
war, and he wanted to help him.
An affidavit signed by Judge T. K.
Finletter who had been mentioned in
the Statement as borrower from
Bardsley, was read. Judge Finletter
denies that he ever had any personal,
political or business relation with
Bardsley except that soon after Bards-
ley'S election, Mark II. Davis, Bards-
ley's business manager, approached him
and volunteered to have his (the
Judge's) note discounted. He borrowed
81, 900 in this way and repaid IL when
the note became due.
The report Of the committee OF three
experts, a synopsis Of which was printed
in these dispatches last week, was pre-
sented.
The Hicks resolution, amended to
read until Friday, was then adopted.
and the hearing was deferred until
morning.
Denies Bardsley's Statement.
PITTsBURG, PA, July 20.-EX-State