The San Francisco call. [volume] (San Francisco [Calif.]) 1895-1913, 1898-11-01
classification of the
Books to Conceal
Robbery.
Documents That Tell a
New Story Of a
Great Crime.

The Call is in a position this morning
TO begin an expose Of most startling
Importance to this city and State.
For over five years the secret history
of the events that eliminated in the de-
struction of the Pacific Bank and the
Peoples Home Savings Bank has been
hidden from public view. The docu-
ments and correspondence that would
have revealed the gigantic conspiracy
of a coterie of scheming gamblers ar1
unprincipled thieves were stolen before
the authorities could secure them.
This correspondence viii now be given
to the public, that the conspirators may
receive their deserts and the robbed de-
positors of both banks may recover
some of their property that was stolen
from them by the dishonest bankers
and Their parasitic scl1emers.
This new history OF the ruin of these
banks is in every respect a revelation
and the story viii divide itself natur-
ally into three great departments. 1t
will first be the province of The Call to
expose the men and the measures that
ruined the institution; to describe the
wild ventures into which the McDon-
aids thrust themselves and were encour-
aged by financial manipulators. When
hundreds Of Thousands of dollars of the
funds of the Pacific Bank had been
squandered and almost a million of dol
lars had flowed in a golden stream from
the Peoples Bank to give life to the de-
cayed body of the Pacific, the wreck
ers turned in frantic endeavor in
every direction to prevent the crash
that was impending. Every effort
was in vain. All attempts TO float
worthless securities upon the financial
world were without purpose. Dis
honest companies were organized to
gull the public, but they were in vain,
and then to save themselves the con-
spirators resorted to deliberate rob
berry that they might retain something
of their private fortunes out of the
ruin of the publics money. This re-
rnarkable correspondence which The
Call will publish will prove the dis
honesty of at least one public official,
the blackmail of a score of crafty
schemers and the shameless dishonesty
of men who accepted sacred trust to
abuse it.
In the long but intensely interesting
recital the public will read the crimina-
ton and reerimination of sharpers who
feared each other while seeking the
favor of the McDonalds. There will
be a story of wild and absurd am
bftions, petty love entanglements, gross
and persistent fiattery and political
ambitions that were never to be real
lied.
The Call intends to show that the
conspiracy that ruined the Pacific
Bank and the Peoples Home Bank
was the most gigantic that was ever
plotted and carried to a successful con-
clusion in the history Of financial in
stitutions in this country. 1t will show
what never before to-day was made
public, proof that the McDonalds were
not the only wreckers of the two banks.
In the tremendous scheme to filch mil
lions Of money from the public of San
Francisco The Cali will prove that D.
S. Dorm, M. Il. Sherman, A. F. Johns
w. H. EastIand, O. T. Dyer and many
others were interested to the degree Of
encouraging, inducing, cajoling and
threatening the McDona1ds and their
bank on to financial ruin and personal
dishonor.