The times. [volume] (Richmond, Va.) 1890-1903, 1895-01-12
HOW HE GOT CAUGHT.
TAYLOR ADVANCED 10000 or THE
STATES MONEY TO A BANK
To Save IL From Failure. But tho Bark
Failed, and This. With Other Lessss'
Forced Him to the Wall.

PIERRE. 5. d., Jan. il.-Taylor's de-
faIca ton still afsorbs ali the interest at
the capital. Every one las been await
ing the arrival OF Ex-Governor Mellette.
who came In on last evening train. lie
Is one Of the heaviest bondsmen, end two
DAVIS ago, before The flight Of Taylor was
known. even TO the State officials. nc
wired from Lafayette. Ind. that ne
would be here last night and not 10 be-
gin suit on the bond, as he would turn
over everything 10 the State. IA la
fayette is the home OF Taylor's father, II
was supposed that Mellette would nave a
proposition from the boudsmen for some
sort OF settlement This Is not true. It,
comes simply as an indiYldutL anr Is
unable 10 throw any direct hight on the
situation.
SOME NEW THEORIES.
He gives some information however.
which has changed the theory on winch
the people here have been pro-
ceediug. namely, that Taylor mas
been collecting every cent OF
available cash. in order to pinch
the State and force a compromise. Inc
Ex-Governor has bad scmc intimate busi-
ness relations with Taylor. ana on InuIs-
day last went TO Chicago TO meet him
Taylor had left the day before hOWcy D.
and though hteiiette searched Tor rim
two LJys. he could get no trace OF him
He then went TO Lafayette and disccv-
cred that Taylor was short. that ms
friends were unable 10 help han out
and that the default was Inevitable. Mel
lette was In Chicago December lZth. ana
met Taylor there. The latter was APP
parently In conference with number
of his frieuds and houdsmen. and WIN
Leppelmau. whose bank al Gettysburg
failed three months ago. and Who.
through that. :edlly drassed Taylor down
TO his ruin.
HOW HE GOT CAUGHT.
The Governor states that Taylor told
him d short time ago the history OF the
bank AT Gettysburg. and the way IN
which he was caught during the panic
eighteen months ago Tho bank got into
close quarters and appealed 20 Taylor
for help.
After consulting with various bankers
he loaned $4,000 Of the States money. All
agreeing that 10 let the bank fail at that
time would endaugcr every bank IN the
State, ana would probably bring ruin on
all the people. rs he had helped ont
several other institutions he helped this
lie found soon. however, hat the condi-
don of the institution was much Wors"
than he had supposed. and. having placed
80 great sum there. he sent good
money after bad until he had sunk >iH,-
coo. Then cam his other losses, amount
ius - fully half as much
MS FRIENDS REACHED THEIR LIMIT.
For time his friends helped nm out
They reached their limit however. and
he was thrown ON his own resources. he
could get no money from the East ami
Wds caught.
Mellctte has no knowl'dse or suspicion
OF his whereabouts. II Is known that
TAYLOR. a few days ago. PM all of Mo
property ont of hi- hands. and even con-
veyed some tTust fluids, which viii Sc
riously cmbdrrass some OF his friends.
Investigation seems To show that ia"
bonds are of small value. except one. ana
that IS not known. IL Is understood that
Tavinr's father. who was supposed 10 be
wealthy. cannot So, collected from