The Providence news. (Providence [R.I.]) 1891-1906, 1904-12-06
CLAIMED NOT BASED
ON BIG NOTE.
Continued from page One.


New York, Dec 6--The startling admis-
sion by President c. T. Beckwith OF the
Citizens National Bank OF Oberlin, Ohio,
that he and Cashier Spear OF that bank
had indorsed Mrs. Cassie i. Chadwick
notes 10 the amount OF $4,000 and that
they bore what purported 10 be the sig
natures of Andrew Carnegie has astound-
ed the New York lawyers representing the
various interests involved in a case
which becomes more surprising with
every new revelation.
That President Beckwlth's statement
brings to light new and important phases
of the case and brings much nearer the
inevitable uncovering of the entire af-
fair. is the belief OF a majority OF the
attorneys interested ,
The result OF todays moves in the case
are awaited with increased interest under
the impression that the crisis is near and
may be reached today. A sensational re-
port today was that one OF the local
counsel for Mrs. Chadwick had decided 10
withdraw from the case.
Percy w. Carver, counsel for Herbert
D. Newton OF Brookline. Mass. who has
claims OF almost 100000 against Mrs.
Chadwick, speaking OF the statement
made last night by President Beckwith OF
the Citizens National Bank OF Oberlin.
Ohio. said developments had come so
He thought. however. that Mr.. Beck
with must have made the statement
under pressure or being on the verge OF
a nervous collapse had lost his nerve"
STILL CONFIDENT.
"I am still confident that Mrs. Chad
wick will settle all the claims against
her." Mr.. Carver said
Mr.. Carver was asked the direct ques-
ton II Mr.. Newton was induced to loan
Mrs Chadwick money on a note bear
ing the name OF Andrew Carnegie and
he replied:
"Mr Newton was shown a note" He
would not say. however. whether II bore
the name Of Mr.. Carnegie.
At the Holland House. where Mrs.
Chadwick has been living IL was ex-
pected further sensational developments
Vpuld be disclosed upon the arrival OF
Mceiver Frank Lyon from Cleveland. He
is the receiver for the Citizens bank
of Oberlin and II was announced that he
left Cleveland last night carrying with
him the notes on which IL is alleged
Andrew Carneefe's name appears.
Mr.. Lyons mission is thought to be
to consult Mr. Carnegie with regard to
the notes.
REYNOLDS ARRIVES.
New York. Dec s.-Iri Reynolds, OF
the Wade Park Banking company Of
Cleveland. arrived here today accom-
panied by his attorney. Andrew Squire.
He went TO the Waldorf Astoria and
registered. but soon left there for another
hotel.
ASSETS ARE SMALL.
Cleveland. O., Dec. 6-Receiver Loeser
admitted today that thus far the tangible
assets Of Mrs. Chadwick which have
come into his possession are comparative
ly OF small value.
Great interest is manifested here today
in the possible result Of the trip Of Re-
ceiver Frank Lyon OF the Citizens Ma
tional bank OF Oberlin, who left here for
New York early last evening Mr. Lyon
carried with him the two notes for $3.50 900
and $4,000, respectively to which An
drew Carnegies name is signed. Mr..
Lyons went TO New York with the de-
termined purpose OF personally interview
ing Andrew Carnegie in order 10 obtain
from the latter's lips the truth concern
ing the signature TO the notes.
Government officials admit that the
next step in the case depends upon what
Mr. Lyons learns in New York today.