Evening star. [volume] (Washington, D.C.) 1854-1972, 1891-06-15
THE KEYSTONE NATIONAL BANK.
Controller Lacey's Statement Of All His In.
formation I'm Regard to IL.

Controller Lacey's Statement Of All His In
formation I'm Regard to IL.
Controller Of the Currency Lacey submitted
his statement of the keystone Bank affair to
the Secretary Saturday, and last night it was
copies given to the press.
The controller states on the outset what was
stated in The STAR some time ago. that the
first information he had as to the condition
of the Keystone Bank was given in the report
of Examiner Drew, written on the Gath of
January and received two days later. This re-
port showed no impairment in the capital of
the bank and a statement accompanying il
called attention to deficiency of s6O0, 900,
which it was said had been made good.
Mr.. wANAMAKERs CONNECTION.
In speaking of the delay in the appoint
ment of the receiver Mr.. Lacey says: "In
justice to one whose name has been brought
into the discussion OF this failure desire to
say that Hon. John wanamaker has never,
directly or indirectly. suggested or solicited
one days delay in the closing of the bank
nor in the appointment Of a receiver. except
as appears by the telegram hereinafter quoted.
In fact have met him but once during the
present year, aud that meeting was on the 2lst
ence of Hon. A. b. Nettleton, then acting secre-
tary of the treasury. This interview was the
day after the Keystone Bank WAS closed
and the failure was fully discussed. He
substantially confirmed the information
received from Mr.. Marsh and said that he
held as a pledge certificates representing
$500 shares Of stock in the keystone Bank
and that he had declined TO surrender them
unless the Lucas estate would pay him the
amount his due. 1 urged him to use his
influence in aid of the efforts being made
to reopen the bank. He promised TO look
into the matter the same night ON his return
to Philadelphia. and l telegraphed Mr.. Drew
to call upon him with a statement of the
assets and liabilities of the bank and to facili-
itate in every way possible his taking an active
interest in the schemes for reorganization.
failed. however, in my attempt to enlist him in
the enterprise, and so ended all communica-
ton between us on any subject connected with
the banks affairs excepting the receipt Of the
following kilograms:
TREASURY DEPARTMENT (telegram), WASH
INGroN, April 2, l89l.-From Post Office De-
partment--To Hon. Edward S. Lacey, con-
troller: Mr.. Marsh of the keystone Bank
came down last night to say that il was re-
ported you intend to appoint 4 receiver of
the Keystone Bank unless something more
definite was done today. i believe nothing
would suffer from giving them twenty-four
hours longer, at the end Of which they may
put on paper something more definite 10 be
presented to you. F0Om what he SAYS they
are getting along pretty well in securing SUBJ
scriptions to the new stock. would recon-
mend appointment Of q receiver be deferred,
say, one day, until he has an opportunity to
state something more definite.
JOHN WANAMAKrR."
Treasury Department Crelegram) Washing
ton, April 8, ls9l.-From White House.-Io
Mr.. Lacey: Marsh telegraphs me today to inform
you that the parties negotiating for control Of
bank are to give answer to him on Friday next.
''WAxANAKKRn