The Roanoke times. [volume] (Roanoke, Va.) 1890-1895, 1891-06-24


PHILADELPHIA, juno 53.-[Speciall-
Two weeks ago when ex-Treasurer
Bardsley pleaded guilty to many
charges against him, the court fixed to-
day as the time to pass sentence on
him.
Public expectation has been wrought
up by the promise that when he was
brought into court Bardsley would
make a confession of his malfeasance.
by many it was thought that his
statement or confession" would i'm
plicate men high in business and official
life. men whose names have only been
limited at, but who were supposed to be
his confederates. Such expect tions
proved groundless for Bardsley's con-
fessed nothing that has not been made
public through the columns of the daily
press.
1.-THE confession" was moro in the
line of q defense of his own conduct and
was exceedingly short and fair-seem-
ingly giving in details his various trans
actions. 1t bristled throughout with
figures and showed whore every dollar
he was accused of misappropriating has
gone to. The charges to which he has
pleaded guilty of, loaning public funds
at interest and to specializing with
thcm, he frankly acknowledged. He
emphatically denied that he had been
benefited by his transactions to the ex-
tent of q dollar.
National Bank Examiner Drew came
in for severe scoring at the hands OF
Bardsley. and he laid it to >Drew's door
that he sunk his money in the keystone
Bank. Bardsley said that it was through
Drew's plausible statements of the banks
condition that he had deposited money
there. He further charged Drew through
an acknowledgements by President
Marsh of the keystone Bank that Drew
knew Of the banks condition., and that
Drew was under obligations to John C.
Lucas, the dead president of the bank,
for money loaned and for value re-
Z ceived. \ "a.
Z Bardsley implicated Henry H Yard
in his transaction by stating that it was
through him, he had loaned money to
the banks and according to Bardsley's
statement his present plight may be ac-
counted for by trusting too much In tho
statements of others.
Telling the history of his deposits in
the bank. he said, 81 did not get the
money and have never gotten any part
of itand it is still in the bank or should
he there. l know that the closing of the
bank meant great loss to tho city and
State and personal destruction to my
self. l therefore made every effort to
sustain the bank and it's closing has re-
suited in my absolute ruin"
The statement comprised many pages
of closely type-writtcn copy and con-
sumed an hour and quarter in reading.
AS Bardsley read his voice was clear,
distinct and audible in every part of the
court room. Twice he faltered and was
compelled to cease reading when ne
spoke of his family, but otherwise he
read firmly to the end.
a summary of Bardsley's itemizcd
statement shows 4 net balance due the
city of Sl91 ,0Gl, and net balance duo
the State of Sl,0O2,7l0, making a total
due the city and State of Sl,104,6;O.
This balance is accounted for as
follows: Clearing house due bills from
the keystone Bank, S925, 900; receipts IF
the president of keystone Bank for 100
bonds of the baltimore Traction Co..
$1,000 each; 100000 notes taken from
Granville II. Haines for cash given him
to assist the keystone Bank, SOS, 900.
Seven hundred and fifty shares of stock,
in Farmers and Mechanics Bank, $780,
600; cash in the Farmers and Mechanics
Bank in connection with $50 shares of
stock, $S0S; cash in the hands of the
assignee, 81, 900. Total 81 ,l55, sos. Bal
ance due the city and State S3s, $50
The statement continuing says: This
accounts for all of the money entrusted
to my care except the balance of $3S, S22.
This amount is many times covered by
the property and claims | have made
over to my assignee all of which is
subject to the disposition of the city
and State. In connection Herewith
ought to refer to S430,GOO Of stock here
matter mentioned, which is also in pos
session of my assignee
PHILADELPHIA, June 22.-[Speciall-
Paid" Bradslcy concluded by saying:
Il understand am to be sentenced on
three charges: First, loaning public
funds; second, receiving interest on
public funds, and thirds buying secnri-
ties with public funds. d These charges
] admit to be true.
The circumstances are briefly as fol-
lows Not knowing there was any law
against loaning Che States money in
my hands, l did loan to Robt. Glenden.
ing and several ational banks, through
il. III. Yard. Never did IiIoan it unless
was sure the security was ample and
SO arranged that tho. money would DO
returned to me whenever Twas required
to make payments to the State.
cit is true l dill receive interest on
State money, but it is equally true that
did not know of any law which made
1T a crime for me TODD So The interest