New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1893-10-28
TIE STATE TREASURY RlNG.
MADISON SQUARE BANK MANlPuhAloi",
IN POLITICS.
rruocR.r1o SATISFACTION IN oNoNpA'A
cor,NTY-MAYYARD's CRIME NOT io"
GOTTEN BY THE VOTERS ""O
WERE ROBBED

c,-ocuse oct. 27.-"The prospects OF 'he ne
nublican party are bright In Onondasa oou','S,
cold ex-senator Frank Hiscock to-u"s
Ill NOT only elect Senator in TINS SENATE
D,.,r,ct but also possibly may gam d" AS
sembyman. ,oo,ition of
Mr. Hiscock's statement is but iopo".'0
that made by the other Repupiicah '"u''' 49,
tho county I'VE shall easily elect 'ha' 'es w.
e.o,1o,on our candidate for Senator SAID ex-
CONGRESSMAN James j. Beden' anu III my
t,dgmeut the Assembly District in TINS county
'e, as.uon nv Assemblyman Peck. Demo-
orat will be reganed by our cahuiu"'' q
,,,ot Wells in that district. The Kepuphcah
,aidate for Attorney General. Theodore L..
,,,oock lives here in Syracuse. Is Il populdi
o,a able man and will bring great many
,otss tn our ticket" Ex-senator FRANCES MN
bricks said: "Our affairs are in good shape
o.. ao,ressing influence upon the Democratic
,anyoss in Onondaga County has been the as
o,nointment felt by the friends or ex-Mayor
yyiI,iam B. Kirk member OF the Democratic
c,ota Cornittee that he was not nominated Ior
ctsts Treasurer Mr.. Kirk, 1t is SAID was re-
..ot.d ..because he would not sign his name
4, blood as a Democratic leader mere put IT,
"to a declaration that he would OBEY huwaru
Murnbv. IT, Richard Croker and "llham r.
r,Itn ic ,e should be elected State Treas
,rer'-that is, give All tHS P''iN""SN - 49,
se,oo ord follow their directions respecting the
distribution Of the states luhuS a'"o"s ."e
harrs Of the state. Mr.. Kirk is man of in
sar.rdsnca and he would not give such a
rledce: and therefore. Hugh Duffy, OF Cortlahd'
-. .o,actad for the nomination for State Treas
urer.
put Their. was an additional reason 1t Is sus-
,.c,.d why Hugh Duffy was selected as the can
a,aota for state Treasurer instead of Mr.. kirK.
,rbis reason was that Messrs Murphy Croker
apd Sbeehan wished to cover up certain scahdai-
ms connections of Democratic state onlcers
with the Madison Square Bank 1ailure' anu
,bourbt that Duffy would be a better agent lor
sucb a purpose than Mr.. Kirk. Duifys pusi-
ness partner, it will be remembered, Is Lawrence
7 Fitzaerald Their business is that OF wagon
mailing under the title of the Cortland wagon
Conopanv Fitzgerald is a stakeholder IN the
bankrupt bank. Up to May q, lS9Z, he WAS d
director in the bank and one OF its Nce-presi-
dents Doubtless the bank loaned money 10 'ie
Cortland Wagon Company. 1t is also signiii-
cant that State Treasurer Elliot Danior'h' "ho
vas Frzcerald's deputy when the latter was
State Treasurer put S25o,OOO of the states money
IN the bank. Mr. Danforth State Treasurer
thus gave Fitzgerald, as stockholder III the
bank. a chance to make money out of the
the bank upon his own unsecured note. Speak
In, about this transaction few days ago.
yannocrat tic State office holder said: "Danforths
40 900 note represented losses in stock speculd-
tions of certain Democratic State officers who
had speculated in Wall Street and who mad
especially lost money in Reading stock. Gov
ernor Flower l understand, paid that Soo'ooo'
Whether or not he has been paid by Danforth
and his fellow Democratic State officers VINO
lost money in Wall Street. do not know
As is known to the public. this Madison Square
Bank affait has been concealed from the eye OF
the people as long possible. it being feared
BY the managers of the Democratic party that
the knowledge of Danforth's and Fitzgeralds
connection with the bank would harm the
Democratic State ticket seeing that Duny.
Fitzgerald's partner was a candidate for State
Treasurer.
Mr.. Duffy, however. can be depended upon to
use his powers if elected State Treasurer to
conceal Danforth's and Fitzgeralds intimate
relations with the bankrupt bank VIII MI
Duffy also so distribute the States millions
among the State banks that the Cortland Wagon
Company will receive exceptionally good treat
ment when it applies for loans? state Treasurer
Oanforth some time ago placed large sum OF
money in a bank of this state ana shortIy
efterward the Cortland Wagon Company APP
piled for loan TO that bank. The bank ofhclals,
however, for reasons Of their own, declined 10
grant the loan. Within a month afterward MI.
panforth withdrew every penny OF that deposit
from the Dank. Inc DdNK ollclalS liilllh WIFI
good reason that if they had granted that loan
70 the Cortland Wagon Company the States
deposit would have remained in their bank.
Mr.. Durys candidacy therefore has a double
purpose. namely: 10 conceal DanfOrth's and
Fitzgerald's relations with the Madison Square
Bank, and. secondly, 10 secure friendly consider
alton for the Cortland Wagon Company when
II applies for loans. Will Mr.. Duffy be as care
full to investigate the character Of the banks
which loan the Cortland Wagon Company
money, in which he proposes to put the States
money, as he will be when he thinks OF placing
the States money in certain banks which de-
cline TO lend il money? Mr. Kinks friends here
do not enjoy the thought that he kept
from a nomination in order to perpetuate a
State Treasury Ring TO hide Danforth's and
Fitzgerald's transactions with the Madison
Square Bank and TO furnish the Cortland Wagon
Company with financial aid.
Charles w. Stapleton the Republican candi-
date for State Senator in this district which
has within it's borders the counties of Onon-
daga and Madison. is a tall. fne-lOoliing man.
forty-one years of age. He is lawyer. and
was County Clerk of Madison County from 1856
TO 1892. lie is man Of great ability. and un-
doubtedly will take high rank in the Assembly.
Two Of the Republican Assemblymen have
been renominatcd, Mr.. WyckOn and Mr.. HOta-
ling; and inasmuch as they served their con-
sutuents faithfully and honestly. they will be
reelected In the other Assembly District
Duncan ". Peck a Democrat, was elected by
only 1873 plurality. but this year, already
stated. the Republicans will reconquer the dis
trict with their excellent candidate. J. Emmett
Wells Mr. HancockS nomination for Attorney
General also strengthens the Legislative ticket.
Onondaga County as "A whole. will 90 heavily
Republican, because its voters remember that
only two years ago they were robbed of their
choice for Senator. Rufus w. Peck who had
8G3 majority, by the operations Of Isaac II.
Maynard and David Il. Hill. Under pre-
tence that certain Republican ballots were
marked. because the ballots OF two election dis
tricts were transpOscd, over 1900 Republican
ballots were thrown out Maynards crime thus
comes home wildly TO the minds of the voters
Of Onondaga County and its lawyers will al
most unanimously vote for Edward T. Bartlett
the Republican candidate for Judge OF the Court
Of Appeals.
PRODUCE EXCHANGE MEN FOR SCHIEREN
Josiah Penfeld sent letter Charles a. Schieren
yesterday saying that all the members OF the New
York Produce Exchange living in Brooklyn have