The Wilmington daily Republican. (Wilmington, Del.) 1890-1902, 1898-10-06
QUAY Held FOR COURT.
he and His Alleged Confederates
to Be Tried Next Month.
SENATOR'S SWEEPING DENIAL.
Never PrOfited n Penny Because of
tho Deposit of State Money In tho
Peoples Bank-Dcclares That He
VIII Prosecute His Accusers.


tho Deposit of State Money In the
Peoples Bank-DccIares That He
VIII Prosecute His Acclsers.
Philadelphia, Oct. 6.-United States
Senator Quay, his son. Richard r.
Quay, and Charles II. Mckee, of Pitts
burg, law partner of Lieutenant Gov
ernor Walter Lyon, appeared before a
magistrate in the central station court
yesterday afternoon to answer to the
charge Of conspiracy in the alleged mis-
use of public moneys in connection
with. John s. Hopkins, former cashier
OF the Peoples bank, of this city. who
committed suicide soon after the fail
ure of the bank In March last. Ex-
State Treasurer Haywood, for whom a
warrant has been issued in connection
with the conspiracy charge, was not in
court, but II Is promised that he will
be here tomorrow to answer to his ac-
cuser
Senator Quay and his son and Mr..
Mckee were bound over for appearance
at the next term of court. Fail was
fixed at $4,000 In each case. The case
now goes on the list for trial at the
term OF court beginning in November.
The testimony produced by District
Attorney Graham was in the shape of
about 20 letters and numerous tele-
grams addressed by Senator Quay to
Cashier Hopkins directing the purchase
and sale of large blocks of stocks and
arranging for the placing of margins; a
letter from State Treasurer Haywood
to the president of the Peoples bank;
letter and telegram from Haywood
to the cashier Of the Peoples bank, and
a private memorandum book of Cash
ier Hopkins.
The district attorney averred that the
evidence he produced showed that Sem
ator Quay had the use of 5000. 900 of the
states deposit of over $500, 900 in the
Peoples bank for stock speculation;
that State Treasurer Haywood placed
100000 OF state funds in the Peoples
bank on condition that that amount
of money be loaned Senator Quay's
son, and that there was a regular as
signment of interest on state deposits
in the Peoples bank to certain ac-
counts, one-third of it going to Mr..
Mckee.
Senator Quay last night. in response
to an inquiry for a statement by a
reporter. said:
II think that no one who was present
at the hearing today entertalns any
doubt as to the truthfulness Of the
charge boldly made by my counsel that
this proceeding was instigated by ro-
litical enemies of mine, who hide be-
hind the district attorney and sill not
permit him to reveal their names, ard
that their sole purpose was to manu-
facturc campaign literature by false
charges that could not be met ana
answered except on trial in c,ur...
"Of course everybody knows that on
such hearing I could not be permit.
ted to make any defense or show the
falsity of these charges. and my cnun-
sci advise me 1t would be worse than
useless to attempt to do so at this
time and in such a proceeding. But
you may be sure that have instructed
them to force this case to a speedy
rial in court where both sides can be
heard, and after that to EXPOSE and
egally punish to the utmost the in
of this proceeding.
my counsel assure me that not q
of legal evidence was offered
oday to justify the issue of warrant
# binding over.
"As to the charges themselves, I have
imply this to say. that they are ab-
olutely false and wholly without
have always had an ac-
cunt with the Peoples bank. and have
requently instructed Mr. Hopkins to
ave brokers buy for me stocks which I
hought were likely to rise in value,
ut they We're always bought with my
wn money or upon my own credit,
nd upon thoroughly good collateral,
nd the Peoples bank was always
IMPLY protected for any loans oh
aimed from 1t. Not a single share Of
tock was ever bought for me either
irectly or indirectly with public
honey. and my letters. which were Of
ered In evidence. themselves clearly
lcw this. Nor did l ever have the use
: benefit. either directly or indirectly,
} the extent Of one penny, of any
the states money on deposit In the
eople's bank. Nor did I ever obtain
ON the bank the loan of single dol
r because of the deposit with It Of
ate money. Nor do l owe the PeO-
e's bank a single penny, for every dol
r l ever borrowed from 1t was
omptly paid by me at maturity.
'As to my sons transaction, which
as a perfectly legitimate transaction,
had nothing whatever to do with it,
cept that, having full confidence in
S ability to pay the loan at maturity,
his papers. and it was fully
i'd at maturity"