The Anaconda standard. [volume] (Anaconda, Mont.) 1889-1970, 1895-05-15
M'CRAW ISALOO LOO
That Is If the Story They Tell Is
True.
SILVER AND ALL OF THAT
Washington's Governor Crowded
BY the Newspapers Into a Very
Unpleasant Position Spo-
kane News Notes.

Spokane. May 1s.-Montana people
who have read the reasons advanced
by Governor McGraw of washington
for his refusal to appoint delegates to
represent this state In the silver con-
vention In Salt Lake, will perhaps not
be surprised to learn that a scandal
has been developed with which Govern
or McGraw's name Is unpleasantly
linked. 1t Is not easy to give the de-
tails Of the affair at this time. but the
newspapers of this region are now
busy discussing the question, which
gives promise OF growing into genu-
inc sensation. II one-half the charges
made are true. there is no longer any
cause for surprise that Governor Nc
Graw stood with the goldbugs to dis
credit and cripple the movement start
ed by Governor Richards. The gossip
about the reason forvMcGraw's finan-
cial views started In this part OF the
country about the middle of last
month when the New York Times of
April "a contained. under the following
startling headlines. a column story
with relation to Governor McGraw and
the states fiscal agency at New York:
mot Made Fiscal Agent-A New
York National Bank Rejected by Gov
ernor McGraw of Washington--A Deal
Over a Contract Alleged-The Govern
or's Bank Likely to Handle Nearly
A.000, 900. and Seattle Contractor May
Build the Capitol"
The story that follows is In SUBJ
stance as given below: That A. Trow-
bridge. cashier OF the National Bank OF
North America. procured the passage
of the law" by which the State of
appointed at New York city; that Mr..
Trowbridges bank was the favorite of
every prominent bank I'm the state ex-
cept two. and had the endorsement OF
the mayors. as well as the business
men. other city officials and county off,
Gals OF Seattle. Tacoma and Spokane"
but that Notwithstanding this the gov
ernor appointed another bank, the New
York Security ana Trust company, for
the reason that 1T had agreed to pur-
chase s1.000.0oo OF state capitol war;
rants" Then the article continues:
Governor McGraw is president OF
the First National Bank of Seattle. A
certain Seattle contracting firm is sup
posed to be making heroic efforts to
secure the $780, state capitol building
contract soon to be let. Before build
ing. however. IL must make arrange
IL will be paid. The Inference which
the bankers draw is that the Seattle
contracting firm and Governor McGraw
have arranged to float the warrants.
This would give the Seattle firm the
big contract. the governors bank would
probably handle the warrants and the
money paid for them. and the New
York company which agrees to take
the warrants Is rewarded by being APP
pointed fiscal agent"
The article then concludes with the
following significant paragraph: -Four
weeks ago the president OF the Bank of
North America wrote Cashier Trow-
bridge at Tacoma congratulating him
upon his success with the legislature,
and adding that Mr.. Plat would need
his services on his return to New York
in the fight against Mayor Strong"
The article stated that Cashier A. r.
Nicol OF Tacoma was one OF those who
opposed the Bank of North America as
fiscal agent Mr.. Nicol was interviewed
by a reporter and said:
THE bill was first introduced by the
friends of the New York Security |
Trust company. but as they could re-
ceive no assurance from the governor
that he would favor the trust COM
pany with the appointment should the
bill become law. concluded II would be
safer to kill IL. Afterwards the friends
of the National Bank of North Amer
lea put In an appearance. and worked
hard to get the bill through. IL was
then reported that the governor said
the appointment, II left to him, would
be one of merit and not OF influence
should the bill pass. and this gave the
friends OF the trust company fresh
hopes. SO they concluded TO let the
bill take Its course. The trust COM
pany had always been n staunch
friend of this state. and had, with the
New York Life. done so much for the
state In the past. that its friends felt
sure the governor would think favore-
bly, OF their application. The appoint-
ment. j am confident, was purely one
OF merit, and the governor will never
have occasion to regret his action The
National Bank OF North America also