The sun. [volume] (New York [N.Y.]) 1833-1916, 1894-02-22
BLAUTS JURY LOCKED UP.
IHE PENDANT sAYs NE FEARS
ONLY A DISAGREEMENT.


Blsut for perjury In swearing to the truth Of a
misleading report as to the financial con
dltion OF tho Madison Square Bank was
brought to an end yesterday In tho
Court Of over and Terminer and sub
mitted 70 the Jury. At II o'clock last night
the jury had not been able TO agree. and they
were locke IN for tho night In one OF the
court rooms with no better accom- modations
than the chairs and benches afforded for re-
pose.
Mr.. Dlaut went TO the Tombs In company
with deputy sheriff. his bonds OF S2oOOO,
under which he had been at liberty up to that
time. being no longer u protection. He said to
a reporter that all he dreaded was a disagree
ment. He had no fear OF the ultimate result,
but he would hate to have to 90 all through the
case again before another jury.
When the IN orninR session opened Mr.. Blaut
took the stand He had to submit to n severe
line OF cross-exnmination conducted By As
sistant District Attorney Davis. whose efforts
were supplemented from time to time by the
District Attorney. The defendant admitted
that he had sworn to the statement and sched-
ule although he had never seen the schedule.
lie took 1t for granted that the cashier would
make out the schedule correctly.
Mr.. Davis Inquired whether Mr. Blaut had
not purchased OF Bullock 4 Wilder 1000
OF Prescott and Arizona Railroad bonds for
the Madison square Bank at S7is whom the
witness knew they were worth only so Mr..
Iauterbach OF counsel for the defence OBJ
jected to this line OF inquiry. which Mr.. Davis
justified on the ground that Mr.. Rlaut had
sworn to the truth OF the statement Of June l.
1893 in which appeared this item. with the
remark that the bonds had been purchased at
tho market price. Mr.. Davis wanted the de-
PENDANT to admit that they were not purch ased
h. nNn RI INT nFiG II.
Davis tD pursue u different line OF inquiry as
he wished to study the direct testimony before
deciding upon the propriety oil these oues-
Mr. Davis asked whether Mr.. Blaut as Presi-
dent of the bank. had not lent SO 600 on Oct
IL. 1892. on nifty shares OF tho Cycostyle Com
pany's stock. which was afterward sold Tor Sli.
M tao. SsssS S nd MI
:" Did you not about the same time lend So
600 20 the Automaton Piano COMPANY fcr
shares OF the piano company's stockr
No." replied tho Witness
Mr.. Iauterbach then ouestione ed the right OF
the prosecution to inquire about transactions
not directly bearing upon the case. as ne Al
ness had iiatiy contrSdicted two Of the banks
officers in his testimony. and the people pro-
posed to show the untrustworihiness o. the
witness. Judge Barrett ruled that evidence
bearing upon the credibility OF the witness was
proper ,,.,h,,, roo,s.,od manhattan 70 warn
the witness Tot to answer questions when they
might tend to or inmate HI IN. -,
udss i 10 .hs
witness in open court AZ to whether Il !:
Company. the witness declined to speak. on
the ground mentioned by his counsel.
Counsel cannot give tho grounds on which
you refuse to answer" Numbered the District
Attorney from his seat
decline to The might In
shares Of Prescott and Arizona Eailroad bonds
Ing on his advice had bought many shares OF
the same bonds at 81. He explained SIs the
bonds at bargain. the holders not knowing
the true condition OF the railroad. but that
thsy we're t wGI,n here said tina, the reason he
had advised his client not to answer questions
involving outside issues was because the an
against Mr.. Blaut. and that II the prosecution
would agree that no more indictment: should
tell all he Knew from the beginning Of the
worid" ,, ~, r-u. W.
have announced that We are through with tho
witness ,
MIR; Blaut then continued an explanation OF
the presrott and Arizona Railroad bonds.
William Francis Creede, who was Q bank ex.
eminer in 1872 and examined the affairs Of the
INQUIRED into the Sl5O.OOO lent to the Fort
wayne Electric Company, and that the trans
ose. He snid the Cashier Lewis ThoPpson
had explained to him how the notes were Sc
cured MIR. thompson then TOOK the stand 10
prove that the notes OF W. H. Thompson, the
young lawyer. and Michaels. tho stenographer.
were entered in the books II not IN the sworn
statement.
Mr.. Lauterbnch began summing IN with
tribute to the eloqu-ncs OF the District Attor-
ney, equipped as is no prosecutor on the face
OF the earth. probably: a marvel Of eloauence.
o. potter. to be- moved as he wills" After
the noon recess Mr.. Lauterbach described how
Mr. Blaut, before he became connected with
the Madison Square Bank. had called on the
President and cashier. and offered 10 increase
the capital stock from $500, 600 to 5000 200
And Cryder and Thompson" said the
speaker. allowed that honest. fearless man
VI sanguine disposition to 60 on and place that
stock in the hands OF his friends. although tho
old capital WAS Impaired to the extent OF 500
600 and they knew It. Therein lies tho secret
OF Thompson's animus toward this defendant.
lie acted the part Of a scoundrol then. and,
like every scoundrel he has never forgiven the
man he has wronGed. THE man, OF white face
and white liver has shielded himself forever
from prosecution for God only knows whit
Iascalities by his agreement with the District
Attorney. and all ut the expense OF the man
who trusted him"
District Attorney Fellows began his speech
Just before +. b., after the Judge had refused
10 adjourn the case until tomorrow. He said
that Mr. Blaut WAS neither the brilliant inan-
cier nor the trusting dependent on the cashier
that his counsel had described him as being.
l. L..