Santa Fe daily New Mexican. [volume] (Santa Fe, N.M.) 1885-1897, 1894-03-12
WAS THERE ooLLUs1oN ::

Some question has arisen as to wheth-
err there was collision between the Dane
National banks of Silver City and DEM
ing and the Albuquerque National bank.
On; Mondaylast, in connection with the
announcement that Dane had been con-
victed Of fraud (for which he is now in
the penitentiary under ten years's SON
tence) the NEW MEXICAN gave an epitome
of the testimony adduced at the trial in
Las Cruces which tended to show that there
was collision. About forty lines OF this
was appropriated by the shears editor of
the Albuquerque Citizen and printed on
Tuesday without credit to this paper. On
Wednesday the Citizen contained COM
munication denying in emphatic terms
that there was any collision and quoting
Hon. H. B. Ferguson, of counsel for the
prosecution, to the effect that: "There was
not word of testimony in that trial
showing or even suggesting collision be-
tween the Deming bank and the Albu-
querque Matte nal bank. On the contrary
the testimony did show that the &c.,
600 item charged to the Albuquerque
National bank by the Deming bank on
the books of the latter, was 80 charged
without the knowledge or consent of the
Albuquerque National bank or any of it's
officers. And there was no testimony
whatever as to an arrangement between
the two banks as to each notifying the
other as to the expected arrival Of the
bank examiner"
Seeing that it had become entapgled in
what 1t deemed a misstatement of facts the
Citizen then came out editorially with
this apologetic paragraph:
"The paragraph in regard to the Dem
ing bank published in yesterdays Citizen
headed, In Collusion,' through carelessness
was not credited to the NEW MEXICAN,
from which paper it was clipped"
Now, the New MEXICAN, always fair, and
in order to set itself right in the premises
before the eyes of the people of Albu-
querque, here quotes from the published
report Of the proceedings in the Dane
trial as follows:
Frank Siebold, late cashier of the Dem
ing National bank, on the stand:
"The morning session was occupied in
identifying and introducing great num-
Der of letters, which represented CORES
pondence between the Albuquerque and
Deming banks, in connection with the
$4,000 draft item of Mr.. Dane on the AL.
buquerqne National bank.
can extract was read from a letter in.
PRODUCED in evidence as from Mr.. Dane
to tho president of the Albuquerque bank
reading: yes, charge that note up and
return it. 1 expect to go east in few
days, and If the examiner comes, Frank
may want to send you another Of same
amount, which 1 will leave with him to
use if necessary This referring to the
note overdraft of $4,000. Witness stated
that when Mr.. Dane left for the east in
Jure, he left note with him for $4,000
to be sent to Albuquerque in case he
heard the bank examiner was coming, to
reduce the overdraft which they had E,
the time with the Albuquerque bank. =
liz r.
"Nelson F. Irish and A. W. Jones, book.
keeper and cashier Of the National bank
at Albuquerque, were then called and
testified that the books of that institution
showed no record of the $4,000 transao-
ton" %
Ralph W. Mead, assistant cashier of the
Deming bank, on the stand:
| "The occasion for making the
erasure on the books was that the bank
examiner was expected in day OF two.
Had an arrangement with the Silver City
bank and the Albuquerque bank that the
one was to notify the others when the ex-
aminer was at that place. Had an es-
pecial cipher for this purpose, with the
Silver, City bank. The day these notes
were brought in by Dane notification was
received from Silver City stating that the
examiner was there; this was by cipher
telegram"