The evening herald. [volume] (Shenandoah, Pa.) 1891-1966, 1898-10-06
QUAY HELD
FOR COURT
He and His Alleged ConfederateS
/ to Be Tried Next Month.
SENATOR'S SWEEPING DENIAL.
Never Proflted Penny Because of
the Deposit of state Money In the
Peoples Bank-Declares That He
VIII Prosecute His Accusers.

the Deposit of state NJ MOneN In the !
Peoples Bank-Declnres That He
VIII Prosecute His Accusers.
Philadelphia oct. 6.-United States |
Senator Quay his son, Richard X. |
Quay, and Charles II. Mckee, of Pitts |
burg, law partner of Lieutenant. Gov
ernor Walter Lyon appeared before n
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
warrant has been issued in connection !
with the conspiracy charge, was not In
court, but 1t 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. Ball was
fixed at 5000 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;
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
Ter Hopkins.
The district attorney averred that the
evidence he produced showed that Sem
ator Quay had the use Of 100000 of the
| states deposit of over 100000 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 regular as
signment of interest on state deposits
in the Peoples bank to certain ac-
counts one-thlrd of 1t going to Mr.
Mckee.
Senator Quay last night, in response
to an inquiry for a statement by a
reporter, said:
| IT think that no one who was present
at the hearing today entertains any
charge boldly made by my counsel that
this proceeding was instigated by po-
litical enemies of mine, who hide be-
hind the district attorney and viii not
| permit him to reveal their names, and
that their sole purpose was to manu-
facture campaign literature by false
| charges that could not be met ana
| answered except on a trial In couTt.
"Of course everybody knows that on
such a hearing l could not be permit
ted to make any defense or show the
falsity of these charges, and my cOun-
sci advise me IT would be worse than
useless to attempt to do so at this
time and in such a proceeding. But
you may be sure that I have instructed
them to force this case TO speedy
trial in a court where both sides can be
heard, and after that to EXPOSE and
legally punish to the utmost the in
stigators of this proceeding.
"My counsel assure me that not a
scintllla of legal evidence was offered
today to Justify the issue of u warrant
or a binding over.
"As to the charges themselves, l have
} simply this to say, that they are abb
solutely false and wholly without
foundation. / have always had an ac-
I count with the Peoples bank, and have
frequently instructed Mr., Hopkins "a
have brokers buy for me stocks which
thought were likely to rise in value
but they were always bought with my
own money or upon my own credit
and upon thoroughly good collateral
and the Peoples bank was always
amply protected for any loans I oh
tanned from it. Not a single share oi
stock was ever bought for me either
directly or indirectly with public
money, and my letters which were Of
: fered In evidence, themselves clearly
show this. Nor did l ever have the use
or benefit, either directly or indirectly
to the extent of one penny, of any
of the states money on deposit In tht
PEOPLES bank. Nor did l ever ohtalI
!, from the bank the loan of single dol
lar because OF the deposit with U o
state money Nor do l owe the Peo
, ple's bank a single penny, for every dol
lar 1 ever borrowed from 1t wa
. promptly paid by me at maturity.
II "As to my sons transaction, whicl
Il was a perfectly legitimate transaction
had nothing whatever to do with II
except that, having full confidence II
his ability TO pay the loan at maturity
~ endorsed his papers, and 1t was fun
=. paid at maturity"
gn ~.