New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1900-06-14

N. Coler & Co. interested the Controller being
was io4a There were thirty-one other 'y 5idSers.
n @ e aVorsd bidder 81 ss bonds
at lo4 a. It is true that The thirty-ene bidders
they Were expressly invited to do bg t6 6a' 6n s
troIer The advertisement which he inserted in
or part of the said issue OF bonds Those thirty
one bidders Offered ed premium OF 5000 in excess
ny the favored trust or syndicate This may seem
figures to see that Is so The favored bddee
MAS thus enabled TO turn over at once to these
s sld for at spot profit on these bonds alone Of
Carrying the deduction still further even casual
troer awarded the entire issue Of SASS 500 Of
han ws 40 ns bT M at - @ d1
cwo1nirds OF the issue This may also seem in
issue was awarded by the Controller for a premium
OF sos 636 D. whene he might have obtained for only
,v.o.thirds Of the Issue the larger premium of
hs hf 6 %oa ha hs f ha in sGd@n as
OF bonds TO be disposed OF. which would have been
which, added to the premium received from the
other bids would have net1ed the city premium
marily threw out the thirty-one bids in gross
hFes Sesg only that 6 ds az Co. 96 at
which was also thrown out along with the higher
to be wondered at in view Of the fact that for
several weeks prior to the time that the Controller
to time giving out statements to the newspspscs
10 the enect that the city already bonded ne
ton. In letter TO Governor Black he went far
of 80 100000 beyond the limit Coming from the
chief financial officer Of the city. these statements
course, the Controller did not believe his own state
ments. He could not have believed them. because
If he did he would have been guilty Of a misde-
Why. then. did he make these statements? Any
one who is able TO put two and two together can
such statements in disparagement of the city's
credit might possibly be looked for from those
were bearing" the market for bonds. but to find
tnat a pubnc ohcial standing IN the relation OF
trustee OF the taxpayers. and whose duty 1t was
to defend the city from such aspersions. should be
the chief dissemination of them. is. TO say the least
The Governor read the charges and inspected the
exhibits carefully. and then referred them to the
Attorney-General for investigation.
CONTROLLERS RELATIVES ABSENT
". N Coler. the Controllers father has lived
recently at the Langham Hotel, No. 500 Fifthave-.
but it said the hotel last evening that he
had been away several weeks There n
at home last night at No. u Pierrepont-st, Brook
lyn. where F. W. Coler the Controllers brother,
lives.
An attempt made last night ". A
Read and Arthur S. Fairchid. of Vernilye & Co.
but 1t said at their homes that they were out
of town. The houses of George D. Mackay, of
Vermye & Co. and George ". Wickersham, the
lawyer for the prosecution. were closed for the
summer when a Tribune reporter visited them last
night and no information could be obtained TO
the wherea bouts of Mr.. Mackay and Mr. Wicker
sham.
Jacob W. Mack could not be found in this CITY
last night 1t said his home, No. 129 West
Seventy hfth-st that he was at his summer place
there. however. were unsuccessful
The directors of the firm Of Nermilye & Co. are
James A. Trowbridge, Donald Mackay, Latham A
Fish Frederick K. Trowbridge. George D. Mackay,
William A. Read. Edwin D. Trowbridge. Arthur s
Fairchd and j. Trowbridge HOLSTER. None OF the
directors were in the city last night