The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1898-10-06

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; a letter and telegram
from Haywood to the cashier of the
Peoples bank and a private memoran-
dunn book Of Cashier Hopkins The law
yers representing the accused fought
hard against the introduction of the let
ter, claiming the bank books and not
mere memorandum should be offered,
but II went in as evidence nevertheless. 1
The district attorney averred that the
evidence he produced showed that Sen
ator Quay had the use of 100000 of the
states deposit Of over $500, 600 in the
Peoples bank for stock speculation;
that State Treasurer Haywood placed
$1,000 of state funds in the Peoples
bank on condition that the amount OF
money be loaned to Senator Quay's son,
and that there was a regular assign
ment of interest on state deposits in the
Peoples bank to certain accounts, one
third OF it going to Mr.. Mckee, all of
which he claimed was a violation of the
state law prohibiting a bank official
from making such transactions, and
that the accused persons were guilty of
conspiracy In joining with Hopkins in
these transactions
The court room was filed almost to
sumocation with politicians. newspaper
men and lawyers.
The attorneys for the defense opened
the proceedings with a ITuIleSS
to secure from the district attorney the
names Of the persons responsible for
the prosecution. There were only three
witnesses. The first was Thomas W.
Barlow, receiver for the Peoples bank.
who is also special assistant district
attorney. Mr.. Barlow stated that in his
capacity as receiver he opened the head
cashiers desk and found among other
things a number of letters and tele-
grams and a book containing memoir
anda in Hopkins handwriting. Mr..
% ri &
the presentation Of the letters, teIe-
grams and book.
Albert L. Tabor, receiving teller of the
People bank, then identified the hand
writing in the book that of Cashier
letters as written by Senator Quay and
Treasurer Haywood. A number of these
treasurer Haywood TO President Nc
Names, saying that $600,OOO of state funds
and that Richard Quay be allowed to bor-
Through the third witness. Meyer Cold
smith, an expert accountant who had
worked on the banks books boo Mt; Graham "a,
to the closing of the bank, nearly four
They showed that between April so and
bank ran up from S525, 900 to S565 900. From
this total there was reduction of 20 per
cent, evidently, as Mr.. Graham explained,
for the banks use; then an entry, Less
S2OO.00O Quay 1S4 days" For this period
S. 944 one-third of which. 1854, was mark
ed paid, c. H. NICK" In October, 1895.
state deposit amounting to 1883, of which
81, 451, or one-third. was marked Handed
Kee. us Diamond street." (AIr. McKee's
P1ItsnGlg a1sotS I was e M e IN an
the book, Mr.. Graham said that in all en-
there was a deduction of the amount Mr..
Quay had in use and there was never one
said there We're frequent entries of Due
G." Due NJ. 5. O." and Due Quay" All
ef- Ht,a tor
air of composure. He prompted his law
| yers frequently and passed Judgment
The Senator, in response to an inquiry
for a statement by a reporter of the AS
II think that no one who was present
/ at the hearing entertains any doubt as TO
made by my counsel. that this proceed
1 mine who hide behind the district attor-
/ ney and will not permit him to reveal the
! to Manufacture campaign literature by
| false charges that could not be met and
''As to the charges themselves, have
simply this to say; that they are absolute
] " false and wholly without foundation.
/ l have always had an account with the
/ Peoples bank and have frequently IN
/ strueted Mr.; Hopkins TO have brokers 6uy
| for me stocks which / thought We're like
/ ~ 20 rise N Nalue, oul Iney We're alW1ys
own credit. and upon thoroughly good col
amply protected for any loans obtained
from IT, b N05 fsIngie snare q d,r sLoIK
or Indirectly, with public money. and my
letters which were offered in evidence
] clearly show this. Nor did 1 ever have
| the use or benefit. either directly or indi-
rectly, to the extent OF one penny, of any
/ of the states money on deposit in the
| Peoples bank. Nor did I ever obtain
| from the bank the loan of single dollar
/ because of the deposit with il of state
moneys. Nor do l owe the Peoples bank
! a single penny, for every dollar ever
borrowed from it was promptly paid by
| me at maturity.
| LAS to my sons transaction. which was
| perfectly legitimate, I had nothing Wha I
| ever to do with II. except that, having full
| confidence in his ability to pay the loan
] was fully paid at maturity"