The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1893-06-11
EX.GOy. CHASE COMES HOME
Talks Fully and Freely of His COnnec-
ton with the Greentown Bank.
Will Go 10 XokOfne To-Norrow-0ffers 10 Go
on His BOnd--Not Employed by Dwig-
gins-Asks an Early Trial.


ct Irvington. yesterday noon, from o brief
lecture tour through Pennsylvania ana
West Virginia, where he was when the
Greentown bank indictments were found
by the grand Jury at kokomo. Journai
reporter found him not only willing but
glad to talk fully and freely about bis con-
nection with the bank.
The ex-Goyern9r was in good color and
strength. but looked q bit haggard and
worn. "YuC have seen those cyclone
threshing machines" be said, when the
conversation he'd progressed few mo-
ments well. / feel as though 1 had been
through one of them. This calamity
has hsld me in perdltion ever
since the crash came. Yet. there
is consola Son even in these dark
hours and Governor Chase pointed to
stack of mail he had just opened. Il had
no idea bad - aesny friends. / am over
whelmed with offers to 90 on my bond and
other services. The letters there represent
over q million dollars for my bond if want
it. and aside from this my nei gh Dors. headed
by Dsmosrat, have asked the privilege of
going upon 10. Here are proffers of legal
services from q number of the most promi-
nent attorneys of Indianapolis. Terre
Haute Frankfort and other cities Some
of these letters have brought the tears TO
mr S-es something that all the trouble
have passed through has tailed 70 R DO
was asked.
81 shall go mp Monday. Had there been
time to arrange the bond L should have
taken the 100 train to-day. l will now
have to wait until Monday noon. j will
then file my bond and demand an immedi-
ate trial. am ready, and surely they
web as TO the public that the whole truth
and nothing but the truth should
be known by an Official in
xestigation as soon as possible.
Th9y cannot, in my judgments,
make thing ont of those indictments
There Is not q single ground of wrong In
tent On which TO base theory of crime.
There was popular xcItement In Howard
county and demand that somebody be
punished This is perfectly natural, not
blameworthy in the least. but think the
cooler Judgment will demonstrate the fact
thss the grand jury has acted without
sufficient information. i have learned
since the grand jury returned the indlct-
ments that the foreman was necessarily
biased. az his family were among the de-
positors'
Zone of the principal charges, Governor.
Is that you made alleged misrepresenta-
tions as to the soundness of the bank. Is
DOT that q charger
"IsncereIy and unqu.lifiedly believ ed
that bank was sound at the time the deolaf.
Rtioas were made" he continued. II be-
ieved 1t was sound as a dollar, These peo-
pie were caught between two failures and
overwhelmed just as completely and help
lessly as the J0hnstown people In the
ConemauGh flood. / had absolute conf
dence In Messrs. Paris ~ Nave. By whom
Was employed. though Mr.. Nave had
no connection with the bank at Greentown.
and have still great confidence In them
as men. had been associated with them
in O general way for q long time. and had
ham 1na IN
ues were simply crushed ont In two hours.
One morning in my Judgment he was worth
$4,000 or more. and after the Columbia
failure be was hardly worth $500. BY the
Paris Il Nave concern nobody will lose q
dollar"
.'You were employed as the agent of
Paris ~ Nave. and not OF the Greentown
Bank or Zimri DwigginsW
My contract was with Paris az Nave
alons i was never employed by Dwiggins
In any capacity. My work was entirely
satisfactory to my employers"
What will the Greentown pay"
THAT depends on the settlements made
by the Columbia National. as Mr. Paris has
large holdings in that bank. / understand
which he says ought to pay so per cent. of
the liabilities, and that he offers them In
addition eleven lots in Pierre. s. d.. and
800, 600 in the stock of the Chicago Console.
dated Gold Mining Company"
Have you any idea OF the value OF this
stocki"
THAT is difficult to say. as none of it has
over been placed on the market The oom-
pany ia now in the hands of L. c. Atkins.
My hope rests In the success of the cyanide
process. Atkins says II that process don't
work some other will. Some of the ore
taKen from the mine has produced $50 in
gold to the ton, and this is considered q
very good assay"
at is also charged that you represented
ESTTr:eifb las as ssSSkhoidsr in the bank
81 never was q stockholder in the institu.
lion. simply acted as an agent. My
name appeared as q director but that d.
that If succeeded IN reorganizing the bank
rs State bank was TO get 10 per cent. of
the stock for my services. / assisted in or
ganizing the bank at Windfall. and was
That bank ' went ~ through u the .''1 recent
furry all right. and is now sound.
The Greenton plan was precisely the
same. The directors and stockholders were
bank and pass on the paper. If any of the
paper was rejected it was to be taken out
and cash substituted In it's stead"
How about that $4,000 note OF Parish"
THAT note was only for g. 700. believed
Paris was good for ten times that amount.
i never knew he drew out o cent on 1t, and
oven If had known 1t would have be-
heved him good. as he W as until the failure
Of the Columbian National"
The charge was also made. Governor.
shat you exhibited the assets Of the bank
VI order TO get depo5ltOrs."
81 never exhibited the assets of the
bank" he interrupted. 81 never exhibited
any OF the banks money at all. The only
thing that might have given rise to such @
report was the explana tion made to some
gentlemen whom was soliciting to take
stock in the bank. l simply told them Of
the plan of she bank, and when they
said they were not bankers and
did not know of bank transactions
i told them they had the privilege of ex-
aiming the banks condition every month
and could count the cash. The law re-
qures the director TO make this examina-
tion every month. There was never q day
j didn't consider this bank solvent until
she failure of the Columbia"
Many of Governor Chase's neig h bors have
asked TO go on his bond and, since this
trouble. he has received great many let
ters from prominent men in the State offer
ing TO aid him.
The Governor VIII Be Vindicated.
New Albany Tribune.
The Tribune does not envy those news
prpers who are so hesrtless as 60 say harsh
things of Ex-Governor Chase, whose expe-
rience with some financia, shhrps in whom
he put confidence has beeti 50 disastrous