The daily morning journal and courier., 1904-12-06
LIGHT BREAKING
 0N CHADWICK GlsE Sensational Confession by President 6. I. BeckWth of the Citizens Na-
 tionaI Bank of
 OberIin, Q.
TWO S5OO,OOO NOTES EXIST
ALSO ONE FOR $25O, 900, AGGRE'
 GATING $1,e5O, ,OOO.


 Larger Ones Bear Andrew Carnegie's signature-Aged Banker Tells of y Transactions Leading to the Loans on the Paper--Once Went to New York to Realize Money on Notes He Held but His Heart Failed Him. Feared Then He Had Been Duped-- Others Must be Punished Besides HimseIf-Declares Mrs. Chadwick swore to Him That She Personally Saw MT. Carnegie sign the Notes Arrest of woman Imminent.
 Cleveland, Ohio. Dec. 5.-seated in Inc office of United States District Attorney Sullivan this afternoon m this city. President c. T. BeekWlth. of the failed Citizens National bank oI Oberlin. made a confession regarding 4 inc hanks transactions with Mrs. Gas sic L. Chadwick. President BeckWlth said:
 1T am either an awful dupe or q ter rible fool I guess there is no douDt about my being a fool. know nave done wrong. and although crushed to earth myself, I do not propose to De made q scapegoat to shield the slns or others. Further concealment of the < truth cannot help anyone If thought if could my lips would remain sealed as though I had been stricken dumb The truth is that others also must be called to the bar to answer for their mart in this terrible affair, and one of sl these whose answer must be had IS 4 Mrs. Cassie l.. Chadwick
 The banker spoke in broken sentences and tears were streaming from his eyes. His acquaintance with Mrs. Chadwick began three years ago. The attorneys for Herbert D. Newton, the Brookline, x Mass. banker, have stated that their client loaned Mrs. Chadwick money only after a note signed Andrew Car negie" had been endorsed by the pres ident and cashier of a national bank. The men who endorsed the note were President Beckwith and Cashier Spear, of the Citizens National bank of Ober- lin, Ohio.
 Referring to this matter. Banker Beckwith continued his story of the banks transactions with Mrs. Chad wick as follows:
 aYes, we endorsed the note in addi- ton to one other note for $500,000, but, Oh! God, never for the purpose for which they were used"
 Do you mean to say that there are two S50O,OOO notes in addition to the note for $250,OO0? MT. Beckwith was asked.
 .sYes, notes aggregating $1,250,000"
 .It has not been generally understood that there were two notes for $500,000," :" was suggested.
 q know it, know it, but the notes exist just the same said MT. Beck with. "One of them is in the hands of the receiver and the other ought to be in the hands of Mrs. Chadwick. If she has disposed of it she has done some thing which she swore she would not do. So please make 1t plain that a sol- en1n oath was taken that the notes which bear our endorsement were new CT to be used by Mrs. Chadwick for the purpose of raising money, and she knew it.
 MT. Beckwith to correct any wrong impression, would it not be wise for you to state how Mrs. Chadwick in duced you to place your signature upon the notes?
 My God, would like to- if thought it would make it clear. To tell the story would be to tell the tale of tor ture and transactions and transactions and torture covering a period of over a year. To tell it would take good half day, and in my terrible condition I can not attempt the task. I cannot tell the story before go on the witness stand. Y I must seek advice
 At this point of the explanation of the old bankers affairs, he leaped from the couch where he had been ly- ing down and paced around, the room # for composure, when he had controlled himself he resumed his story, saying:
 What will they think of me at my home town. Would to God I had beer J the only dupe instead of feeling the weight of condemnation from hundreds of depositors whose earnings have beer swept away
 Did we have the slightest suspicion that the notes carrying the name o1 Andrew Carnegie were not genuine? IT Heavens name how could we have ha6 suspicion? Mrs. Chadwick swore tc both of us, and one or more witnesses that she personally saw MT. Carnegie sign his name to the notes she placed before us. But we said that we mus be sure. How are we to know? Int answer came in less than two days when a New York attorney appeared il Oberlin, who said he was the attorney of MT. Carnegie--llis special agent. H. youched for the correctness of tn,
 lContinued on Fifth Page.l