The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1894-04-15
Although Unwilling Witnesses, They
Show the ROttenness of the Scheme
Which the Collins Promoted.
ANOTHER DAY OF THE TRIAL
History of Purchase Notes Given
for New York Branch.
Aessrs- Tufts and Charles r. Clark on
the Stand-They Knew Nothing About
the Officers of the New York Branch.

The true light OF the transactions between
the Indianapolis Cabinet Company and it's
various branch concerns and the dgfunct
indianapolis National Bank are now be-
ginning to appear in the trial of the case
against Francis A. Coffin, Percival b. COf-
I'm and A. 5. Reed for aiding and abetting
Theodore p. Haughey in the misappropria-
ton OF the funds Of the bank. The case has
now been on trial for five days, and all but
the afternoon OF yesterday was consumed
In dry recital from the books of the vari-
Gus concerns OF the rapidlty with which
shadow paper was credited and charged
on the different books and credit acquired
on IL in the bank and the credit immedi-
ately exhausted by checks drawn for cash.
The government has shown that in several
Instances where the cabinet company de-
posted shadow" paper in the bank and
acquired credit on ii, IL Immediately checked
against this credit for Chicago exchange,
the money being Immediately sent to the
London branch Of the company. The evil
dence Of Mr. Robinson has been 10 detail
every transaction between the cabinet COM
pany and the bank, displaying the paper
BY which the transactions were carried ON.
This has been the foundation of the govern
ments case, and is broadly laid. These
Now the government has taken up a line
pf evidence TO show the ''shadowiness'' Of
these transactions 1t is apparent now that
the course OF the government will be to
take up an examination into each of the
various institutions used by the cabinet
company IN its operations with the bank
anu snow what very small concerns they
were IN reality. and what vast amounts of
business they transacted on paper, by far
the greater portion of which was unknown
TO it, VI
Inc government has begun with the ex
animation into the affairs of the Indianano-
lis Offlce Furniture Company. the New
YORK branch. 1t showed by John NJ. Tufts
ana Charles II. Clark, general manager
ana bookkeeper of the company. that
"hen IL was purchased by the cabinet com
pany' only little over 500 in money was
PAID Tor 1t. The receiver holds $4,000 of
TINS company's acceptances as assets of
the bank, and it was shown by these wit
hesses yesterday that no such amount as
TINS was ever accepted by the company to
theH knowledge. The company was only
IN existence about ten months and both
witnesses testified that their business was
bad during the whole time When il was
sold, 1t was 10 the bookkeeper, who had
previous to that time. depended upon his
salary Of SIS week for support He gave
notes for $4,000 for the business and about
$500 of these had been lost at least MIR
Clark knew nothing of them Both Mr.
Clark and Mr.. Tufts were unwilling wit
nesses. Yet. despite this. the government
succeeded in showing that the business
was carried on through orders received
from the cabinet company. Neither of the
witnesses knew anything about the officers
or the company by which they were en-
ployed. They did not know that it had any
officers. stockholders directors, and said
they did not care to know whether il had.
Tie cross-examination of Mr.. Clark will
be taken UP Monday morning