New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1898-11-04
GIDEON W. MARSH RETURNS.
FORMER PRESIDENT OF THE KEYSTONE
BANK WILL STAND HIS TRIAL

PHILADELPHIA Nov. 3-Gideon w. Marsh the
fugitive president Of the former Keystone Ma
tional Bank returned to the city to-day after
an absence of seven years and a half. and sur
rendered himself to his bondsman, William II.
Wanamaker This afternoon Mr.. Wanamaker
accompanied Marsh to the office Of United states
District Attorney Beck and the latter at once
turned Mr.. Marsh over to the custody OF the
United states Marshal to await a hearing to-
morrow morning.
The closing OF the doors OF the Keystone Ma
tionai Bank on March 20. 1891. caused a pro-
found sensation. run had been made on the
bank few months prior to that date. but the
crisis was tided over. and the public was taken
by surprise when the failure became known.
SUBSEQUENT investigation showed that the bank
had been practically looted and that there was
little left for depositors and other creditors.
City Treasurer John Bardsley had loaned to the
bank several hundred thousand dollars of the
city funds and these loans he had been
drawing interest for his own individual profit
Rardslev was arrested. and his trial resulted in
sentence of fifteen years Imprisonment in the
Eastern Penitentiary several years Of which he
served He was pardoned by the State Board OF
Pardons
STORY OF MARSH'S ARREST.
President Marsh and Cashier Charles Law
renee were placed under arrest on May T. 1871
charged with conspiracy to make false entries IN
the hooks Of the bank and the wiful misappli-
cation of it's funds. When arraigned before
rrnitod states Commissioner Bell they were held
fer hearing on May II. Both secured bonds
men and were released Marsh induced William
II Wanamaker. brother Of ex -Postmaster-Gen-
oral John Wanamaker. to enter bail for him.
which he did in the amount OF $4,000. On May
! ~ the day Fixed for final hearing. Lawrence
appeared but Marsh had fed The bail fur
nishad for his appearance was forfeited and the
entire amount of 10000 was paid TO the clerk
Of the United States District Court by William
H. Wanamaker. Since that date. it is said. Mr..
Wananaker has spent $4,000 more TO appre-
bend Marsh and bring him TO trial. Lawrence
was convicted and sentenced to seven years i'm
prisonment. which he served minus the COM
mutation for good behavior.
Marsh managed to eude the officers OF the
! law who searched the entire country for him.
| and the detectives We're even sent TO points in
| South America. whence there 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 bonds
| man. but without success. Not until yesterday
! did his bondsnan get an nkng Of his location.
| Then a telegram 10 william II. WanamakeTs
! Office stated that Mar,h was AZ the Waldorf
Astoria. NeW-York and would surrender to him
| I'm Philadelphia VI Wanamaker. who was in
| Boston was Immediately told Of the news. and
| he left that City fOl NoN-Nork At once. 1t Is
| understood that tho fugitive ana his bondsnan
! met in NcN-York e a night. and Tho agreement
was there reached for Marsh 10 como to Phila-
dephia to-day and surrender 20 the authorities.
MARSH SEES wANAMAKER
This programme was carried out without
being recognized on tho street. Marsh went di-
rect to Mr. Wanamaker's office. and later in the
day accompanied by his lawyer and Mr. Wanna
maker. he went to the office Of United States
| District Attorney Beck. and was committed to
prison to await hearing tomorrow morning.
Marsh in talking to friends who called on him
in the United States Marshall Office before he
was taken to prison. said that in the more than
seven years Of his absence ne had roamed al
mos over the whole world and worked for a
living at anything he could get to do. When
he left he had with him SI3S5 which he had
collected from two friends who owed him that
amount. He went by a crcuitous route 70
| Brazil and afterward travelled from place TO
place all over the world He then returned to
America and settled 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 to come back to Philadelphia, but was
deferred through a desire to protect his chill
! dren from scandal. He felt that to return would
! revive a state Of affairs that would he a scandal
to his family. Mrs. Marsh, by the way, obtained
divorce from the fugitive about year ago on
the ground OF deserticn. she making affidavit
that she had received no word from her hus-
band since the day OF his absence.
In a speech Il few weeks ago Senator Penrose
| intimated that John Wanamaker. prior to the
! failure Of the keystone Bank had knowledge Of
! an over-issue of the banks stock and knOwl-
edge OF n demand made by President Marsh on
! city Treasurer Bardsley for an additional de-
post of city funds. He tPenrose) said it was TO
! the interest Of Wanamaker that Marsh should
not come back to Philadelphia. The Senator
! said he had been In communication with Marsh.
and that the latter would probably soon come
back and tell all he knew about the looting Of
| the bank.
Mr. Wanamaker has been vigorously opposing
ing to defeat the reelection Of Senator quay to
| the United States Senate.
| on October A. few nights after the speech
Of Senator PenrOse accusing Wanamaker OF
having inside knowledge Of the Keystone Bank
affairs the latter delivered speech at the
! Academy Of Music. He denied Penrose's state
ments and called upon him 10 hasten the return
OF Marsh, If the Senator in any way could do
SO He said he would like the truth to be told
| about keystone Bank matters and said none
could clear up the affair better than Marsh
! himself.
! When Marsh was to-day asked what induced
! him to return. he answered. Mr. Wanamakers
! speech at the Academy Of Music | read it in
| the newspapers. Yes. II certainly did cause me
| 70 come back. 7 cOnSummated desire 10 pro-