The representative. [volume] (St. Paul, Minn.) 1893-1901, 1894-10-03
A Record of ViIliany in High Places.
To the Editor:

A Record of ViIIiany in High Places.
To the Editor:
The criminal mismanag cement of the
northwestern Guaranty Loan Company of
Minneapolis has entaied misery and death
upon many household throughout this
land and there is not a single director or
officer thereof who has not been in some
degree culpable. The building bearing its
name which it don't own, will long stand
as a monument to the crimes of many of
the alleged religious, political and financial
leaders OF the state and a standing dis
grace to the community and state, which
disgrace can never be wiped out, even par
landed in a felons cell.
Organized in 1884 by adventurer it had
developed into colossal swindle by 1891
by the aid of United States senators and
like specimens
In January 1891 it's directors were all of
them informed by John H. Burke that the
company was then nsovent, as its own
books, it has since developed, then showed,
which books the directors claim to have
at that time examined Yet with full
knowledge of its insolvency with that in
those alleged directors allowed it to go on
it's career of crime paying dividends the
company had not earned and loaning out
money when the company was insolvent.
1t has been developed on the trial of the
Streeter case that forging, fraud, conspir-
acy, theft, grand larceny and embeZzle-
! ment had been boldly carried by some
if not all of it's officials, and even if Wash
burn. Lowry, Eustis, Fletcher, Petit and
G. a. Pillsbury did not get rake off
from the swag, it seems difficult to con-
ceive how they plead in sense of
knowledge of some if not all of
those Crimes since Mr.. Burke had for
months and years rung the charges and
flooded the city and building with copies
thereof
At the time of its suspension it's labil-
tiles were about $10,000,O00 more and it's
assets almost negative quantity, having
been by some estimated low 100000
The parties who have lent there names
first and last to this colossal swindle, as
alleged directors as shown by it's books,
are: E. w. Herrck capitalist to about
May 5, 1890; John s. Pilsbury, three times
governor of this state, and regent of the
university to about May 5, 1891; Thomas
| Lowry, president of the Soc and street
| railroad Geo. A Pillsbury, ex-mayor of
| Minneapolis; VIM. H. Eustis, mayor; Loren
Fletcher, member of congress and
| candidate for reelection; w. d. Washbufn
| United States senator and candidate for
| reelection; c. H. Petit miller; L. F. Men
age, now a tourist w. s. Streeter, vice
| president of the Y. NJ. c. A., from Novem-
Der 1888; Charles Robinson, from Febru-
airy, 1890; Clinton Morrison, president of
the Farmers and Mechanics Savings Bank,
| to February, 1890; JOS Dean. banker, to
about May 1891 A. ]. Dean, banker to
August 4, 1891; P. H. Nehr, banker to
| about August, 1892; H. G. Menage to his
death; H. E. Fletcher ex-president of the
| Y. M. c. A, to August a. 1881; j. Nj. Ad-
| deren from May 5, 1890, all of whom
except H. G. Menage were notified by Mr..
Burke of the facts in 1891, and have yet
never replied; w. H. Clark, from May, 1891
w. G. Crocker, from May, 1891; ]. NJ Car
penter, from August 1892
| Despite the widely known and malodor-
Gus characters of at least a part of the
| above specimens and the disgrace that
| has been brought on this state by their
| action or naction, the decent elements of
| the Republican, and all parties, have been
| insulted by an appeal to vote for Loren
| Fletcher for congress- and VIM. D. Wash
| burn for United States senator.
1t is now over fifteen months since Mr..
! Burke made an application to the grand
jury for an indictment of all parties in
| GLIDING Messrs. d. Kenyon, bank examiner
| for making a false report, and at the
present session of the grand jury Mr.
| Burke has, it is said, renewed his request
for the indictments of all guilty parties
| who have as directors or officials aided in
the consummation of these frauds. If the
| jury looks at the matter as Mr.. Burke
does it would seem probable that indict
| ments should be found against VIM. d
| Washburn, United States senator; Lorer
Fletcher, member of congress; VIM. H
| Eustic, mayor; G. A. Pillsbury, ex-mayor
Thomas Lowry, c. H. Petit, Chas. Robin
son, w. H. Clarke, w. G. Crocker and J
| N. Carpenter, in addition to Streeter ant