The Wilmington daily Republican., 1891-06-24
BOODLER BARDSLEY.
Tho EE-Treasufer's Sentence In
definitely Postponed.
HE READS A STATEMENT III COURT,

Rnincr Drew Scored.
PHLAnEIPHIA, June 24.-The crowd
that dai.v throngs the court of quarter
sessions was supplemented yesterday by
men prominent in every walk of life.
q They had come into the hot court room
to witness what they thought was to be
the crowning degradation-the sentence
of man whom a few months ago they
all gladly acknowledged as their friend
John Bardsley, the faithless treasurer
of the city and the self confessed EN-
bezzler. Public expectation has been
wrought up bya promise that when no
was brought into court Bardsley would
make full and free confession of his
lnalfeasance. By 1nahy it was thought
lhat III his statement or confession"
Bardsley would implicate men high in
business and official life.
Such expectations proved groundlcss,
10. Bardsiey's confession" practically
confessed nothing. 1t was more in a
line of defense of his own conduct. The
charges to which he has pleaded guilty
loaning the public funds Mt interest and
sreculating with them-he frankly ad-
united, but he cmpiatically denied that
he had benefited by his transactions to
the extent of 4 dollar.
The EmbczaIcr's Statement.
After Il brief examination of Experts
Faunce and Brown, who testified that
they had not yet traced where the
money had gone, John Bardsloy arose
from his chair, and slowly g&:heiing up
large type written manuscript lie
faced the court and in husky voice
said: with submission to the court,
request permission to make tho follow
ing statement" lie then read his state
ment, occupying IN hour AMI thirty-iive
minutes III the reading. 1t is in sub
stance Gs follows: On the state account
his balances owing to June l., 1891, were
SS25, 5,64s.O9. His Indebtedness to the
state from other sources, after all the
moneys on hand, including The bond of
John and James Dobson for $120, 900,
had heen accounted for, amounted to
81 COG, 1884. He said that hnd he not
assigned his interest in the Bradford
mills property to the Dobsons he would
still have that value in property. Ills
Indebtedness to the city unaccounted for
amounts to $l0l ,CGi00, making grand
total Of l,194, ,G31.32.
Couldn't Draw from the Keystone.
The paper which he holds to offset
this, taken from the Keystone bank,
Marsh q. b. Haines, Farmers and Me-
chanics' bank, and the cash in the hands
of his assignees, amounts in all to 81 ,155,-
eos. 43, leaving balance entirely unac-
counted for of S3S, ,S52 SO. This latter
amount, he said, would be many times
overcome by the property and claims he
had made over to his assignee.
lie spoke of the practice of the COM
monwealth, requiring a statement at
the end of each year, and in case of
default of such a statement the right OF
tho commonwealth to begin suit and in-
flict punishment. The state treasurer
had the right, he said, to call upon the
city treasurer for any moneys he might
need on account during the year. These
demands he had always complied with
until December, 1890. Since then lie
had been unable to do SO. owing to his
inability to get any money out of the
Keystone bank.
In reference to his transactions with
the Keystone, he said that he had had
I'm account with that institution for
number of years, and WAS well ac-
quainted with its officers II had been
the active bank of tho city treasurer
who had preceded him, and who, when
Bardsley took the office, had 81 ,1OO, 600
on deposit there, 500, coo in excess Of
the law. He explained this by showing
that no warrants had been paid between
Jan. l and Jan. 7, the day he took tho
office, and the deposits had accumulated
On his first day he reduced this balance
10 0,000 and kept it within that Iig.
ure except for few days after Dec. 81
iast and on March 20, 1891, when the
bank closed soon after 10 a. m, giving
him no opportunity to check against the
balance of $4i1 ,554. The excess, be
sald, all but s. 300, will be returned to
the city by the cash set aside by Bank
Examiner Drew as being deposited on
the day the bank closed. His bondsmen
are liable for the balance, g. 900.
How He Assisted the Keystone.
He spoke of the panic last November,
and Of the bank calling upon him for
assistance, which he refused to give.
On Nov. 25, however, fearing that there
would be further trouble, he deposited
100 Baltimore Ira stion bonds fvalued at
81 600 eachl with the president of the
bank. Neither these bonds or their
value have ever been returned to him,
Ills total deposits during 1890. up to
Oct. 6, in addition to the legal amounts,
were $945 900, for which he received
clearing house due bills, and which the
receiver of the bank refuses to admit as
an Indebtedness of the banks. He sub
mitted proof, however, that the sigma
lures on he due bills were genuine, and
contenz<l that the bault owed him that
amount of money. He also submitted
all the due bills, together with an inter.
esting letter from President Marsh The
letter, under date of Sept 5, 1890, is as
follows:
MY DEAR Mr.. BARDsLEY-Could you not pos
5ibly arrange to have the large amount Of that
IA t,I4
day7 II would make us a big credit tomorrow.
and would be OF untold value to u.s. would
willingly give anything for IT, II understand
Alright, you have the deciding of it, Don,t
think am debating or get annoyed with me.
but 1t would make me sleep well tonight II you
could. Shall come over7 Yours, G. GW.M.
He Ayerted q Panic.
He also recounted his efforts to secure
this money from the bank, all of which.