The Worcester spy. [volume] (Worcester, Mass.) 1898-1904, 1898-11-04
Marsh Gives
Himself Up.
KEYSTONE BANK.
The Story of That Institu-
ton Again Revived,

Philadelphia, Nov. S.-Gideon w.
Marsh, the fugitive president of the
now defunct Keystone National Bank.
returned to the city today, after an
absence of seven years and a half. and
surrendered himself to his bondsman,
William II. Wanamaker.
Mr.. Wanamaker accompanied Marsh
to the officer of United States District
Attorney Beck. The district attorney
stated that several bench warrants had
been issued for Marsh. and on these
warrants he would commit Marsh to
the custody of the United States mar
shall and hearing would be given the
prisoner tomorrow. Marsh admitted
his identity. but made no statement
and was asked no questions
The closing of the doors of the Key
stone National Bank, on March 20. 1891.
caused profound sensation A run
mad been made on the bank a few
months prior to that date. but the crisis
was tided over and the public was TAX
en- by surprise when the failure became
known. Subsequent investigation
showed that the bank had been prac-
tlcally looted and that there was little
let Tor depositors and other creditors.
city Treasurer John Bardsley had
loaned to the bank several hundred
thousand dollars of the city funds. and
on these loans he had been drawing
interest for his own profit. Bardsley
was arrested, tried and sentenced to Is
years Imprisonment in the Eastern
penitentiary, several years of which he
served, He was finally granted a par
don.
President Marsh and Cashier Charles
lawrence were arrested on May 4.
1891. charged with conspiracy to make
false entries in the books Of the bank
ana the wtllful misapplication of its
FUNDS When arraigned before United
states Commissioner Bell, they were
heid Tor hearing on May Is. Both Sc
cured bondsmen and were released.
Marsh induced William H. Wanamaker,
brother of Postmaster General
John Wanamaker, to enter bail for
him, which he did in the amount of
$4,000
On May q, the day set for final
hearing, Lawrence appeared but
Marsh had fled. Bail was forfeited,
and the $4,000 was paid to the clerk of
the United States district court by Will
liam II, Wanamaker. Since that date.
it is said, Mr. Wanamaker has spent
renee was convicted and sentenced to
seven years Imprisonment, which he
served, less Communication for good be-
havior, Marsh eluded the officers of
the law. who searched the entire eoun-
try for him. Detectives were even
sent to points in South America, whence
had come reports that the fugitive had
been seen. Even after the United States
authorities had abandoned their
search. it was kept up by Marsh's
bondsmen, but not until yesterday did
the bondsman get an inllling of Marsh's
whereabouts. Then a telegram to
William H. Wanamaker's office stated
that Marsh was at the Hotel Waldorf
Astoria, New York city. and would sur
render to him in Philadelphia.
Mr. Wanamaker, when in Boston, was
Immediately advised, and he left that
city for New York at once. 1t is under
stood that Marsh and his bondsman
met in New York last night and agreed
that Marsh should come to Phiiadel
phia today, and surrender. This pro-
gram was carried outa
Marsh, in talking 80 friends who
called on him in the marshars office,
said that during his absence he had
roamed almost over the whole world,
and worked for a living at anything
he could get to do. When he left, be
had with him $685. which he had coli
lected from two debtors. He went by
a circuitous route to Brazil, and after
ward travelled from place to place over
the world He then returned to
America. and eventually located in the
state Of Washington, where he said he
had earned money at any kind of labor
he could get. He said he often longed
10 come back to Philadelphia, but felt
that to return would revive a state of
affairs that would be scandal to his
family.
the fugitive about a year ago, on the
eround of desertion. The news of
Marsh's return when it became gener-
allv known, became almost the sole
tonic Of conversation on the streets at
hotels. clubs and in fact in all cir
cles. -
Not the least interesting portion of
the discussion was in reference to the
eeeaot tInfa reappearance of the bank
president would have in political CIR
clae The name of the fugitive has ire
o,1ant1v been mentioned in the utter
ances of speakers at political mass
meetings in the present exciting com
naign and Marsh has practically been
the subject of heated controversy pc
tween United States Senator Penrose
and Johu Wananaker. In a speech a
e., davs ago. Senator Penrose intimat-
"a fhaf .John Wanamaker, prior TO the
failure OF the Keystone Dank, naa
i,royvledee Of an oyer-issue Oh the
bank,s stock and knowledge OF De
rnai,d made by President Marsh on the
litv treasurer, Bardsley, for an ad-
ditional deposit of city funds. he
SPanrose) said it was to the interest
ne Wsnamaizer that Marsh should not
come back to Philadelphia The senna-
~ said that he had been in communi-
ca+ion with Marsh, and that the latter
vso,Id probably soon come back ana
tell all he knew about the looting of
tha hank. Mr.. Wananal1er has been
Vigorously opposing the republican
stste ticket, especially aiming 10 deteat
9ba re-electiea of Senator Quay. "A
fay, nights after the speech Of Senator
Penrose. Mr.. Wanamaker delivered a
-naach in which he denied Penrose' S
statenents, and called upon him to has
ten the return Of Marsh, if he could do
en- He said he would like the truth to
he told about Keystone bank matters
IN the course of his speech Mr.. wanna
maker said: There is nothing that
will please me so much as Marsh re-
t,,,n and / welcome the reopening Of
every book and paper Of the bank to
hubble gaze If my foes VIII prlng TINS
nan. doubtless more sinred against than
shining. into court, and he VIII tell the