The Anaconda standard. [volume] (Anaconda, Mont.) 1889-1970, 1899-04-19

Shields said amounts aggregating s15.-
| 800 charged to Quay We're obligations
| Of other people.
| Mr.. Shields took up Senator Ouay's
| letters to Hopkins, which have been
published. One of them read:
Il have at Huhn's 900 shares Metro
politan, Take it up for me-"
The witness stated the books did not
show that the request was complied
with.
Another read:
Give George HUM s25,OOO for me
and send me a note"
This was not DONE
The telegram of Feb. 9, 1898, reading:
Get out at profit; l check on you for
$1,000 was referred to- The witness
turned to Senator Quay's account in
the ledger and testified that on the
date the senator's balance was 3d.
1927. AS fact he did not check on
the bank for that amount. No check
was paid for the senator until Feb. IA,
when his balance was $50. 76S.2S, and
he drew on that day $17,22757.
The next telegram was dated st.
Lucia, Fla, Feb. II, 1898. reading: IF
you will buy and carry 1000 Met. for
me will shake the plum tree"
The witness admitted that at the
Senator Quay had balance of more
than 100000. The books show that
$4,000 was drawn from Mr.. Quay's ac-
count and paid to broker for use as
margin for the Metropolitan trans ac-
ton. Mr. Shields said that the books
showed that on Nov. IT, 1896. the be-
ginning of the period for which Sfna-
tor Quay is indicted his total irdebt-
edness to the bank was $s9.292 and on
Nov. 80 it was s7O695.42 The witness
was asked If it was not a fact that
Senator Quay's Indebtedness at the
end of November that year would have
been only $S,201.67 had the proceeds of
a large block of United Gas stock, seld
on Nov. 9, amounting to $121343.75, been
credited to his account. A partial
credit for this sale of $49,3S4a7 was
not entered until Nov. "a.
Mr.. Shields brought out that all the
proceeds Of the United las deal were
not credited to Senator Quays ac-
count until five months af-er the stock
realized had been credited properly and
promptly the senator's Indebtedness
would have been only $8,201.67.
Mr.. Shields asked Goldsmith Il he
did not find in the black book that
Hopkins received the money not cred
tied to Mr.. Quay's account. Witness
admitted this, but said he did not re-
figures confllcted with Senator Quay
as shown by the letter.
Mr.. Shields endeavored to force the
witness to make the stat en1ent that
had Senator Quay's account been prop
erly credited by Hopkins with amounts
due from the sale of the United Gas
stock, the bank would have owed the
senator $1,263.96 at the beginning Of the
statutory period, Nov. II. 1896, instead
of Quay apparently owing The bank
S9,892.29. The witness said IL this
was done Quay would have owed the
bank only s2S6.04, but there is a dis
pute about a charge of $1,000 to Senator
Quay's account
Taking up the 'red book" Mr..
Shields was asked this question:
During the statutory period, do the
books of the bank show that single
dollar of the banks money was used
for the purchase of stock for Senator
Quay?"
mot directly"
"Indirectly?" ..-
Yes, sir: on Nov. % the Pittsburg
transaction
You surely do not call that stock
purchaser"
The witness thought so.
The check of Hopkins to D. J. Hay
wood for $1,519, it was testified, vas a
payment of one-third of interest TO the
was shown to witness and he was ask
ed if the money was not in the bank
at the time the check was drawn.
Answer: Yes. SIR
The question was evidently design
ed to show that it was not payment
of interest.
Witness was asked if there was any
thing on the books to show that dur
ing the statutory period. 100000 was
set aside for Senator Quays use or
that any part of that sum was used
for him. The witness would not show
this fact specifically, but said that re-
suits proved the fact as he had testi-
fed.
The witness admitted that there were
discrepancies in some entries in the
books.
Were there not call loans charged
to persons having no transactions with
the bank?"
Yes. SIR
Were they fictitious and false?"
They were loans in alias Names"
There were no Indications, he said.
except in the red book that the bank
paid interest on state funds
rs there any evidence on the books
that Senator Quay ever got a dollar
OF interest on state money during the
statutory period?"
mo, sir"
Mr. Goldsmith was still under cross
examination when court adjourned.