The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1905-11-02
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All Democrats Despite
Teddy's Fascinations.
Is the National City Bank of New York
Getting Information in Washing
ton Not Given 0:her
Banks?
Especial to News and ObserverD

especial 10 news ana ODSeINel.)
Washington. d. c.. Nov. 1.-Messrs.
f. Mem. Sawyer and ]. E. Reilly of
Charlotte. n. c., are here to form
company for the manufacture of
roofing after a process for which Mr..
Sawyer holds a patent Tar. cement
and sand are component parts OF the
new roofing, and Mr.. Sawyer is the
head of a recently Incorporated COM
pany under the laws of North Caro-
lima. Mr.. Sawyer says he is still
good Democrat and he believes that
most of the people in North Carolina
gre good Democrats just as they were
before President Reosevelts visit.
non. H. B. Varner commissioner
OF the North Carolina department of
Labor, who has been here to consult
with officials of the census bureau in
regard to certain statistics which he
desires to use in his annual report,
left Washington this afternoon.
North Carolina has at present only
two Federal buildings in course of
construction; one at Durham and
another at Elizabeth City. The super
viSing architect of the Treasury said
today that he expected the building
ut Durham would be completed about
the first of December next, while that
at Elizabeth City would probably not
be finished before June. 1906. The
combined cost of these two buildings
is only $4,000.
Since the resignation of former AS
sistant Secretary Allies, of the Treasury
Department, to accept the position
as one of the vice-presidentS of the
Riggs National Bank of this city.
which is practically the Washington
branch of the National City Bank of
New York, it has been frequently said
that the only reason for Mr.. Allies
e., IL, I, to
knowledge of the Treasury Depart
ment~ methods and his influence over
employees in certain divisions of that
department who owed their appoint
ments or promotion to him. This,
taken in connection with the fact that
former Assistant Secretary Vanderlip,
of the Treasury Department, also left
that department to become vice-presi-
dent of the National City Bank of
New York some time prior to Mr..
Allies resignation, has appeared to
furnish good grounds for fear on the
part Of other banks that the New
York City Bank has opportunity for
gaining information in advance of
others, or that may not be furnished
to them at all.
1t IS said that Mr.. Allies is a daily
visitor to certain bureaus OF the
Treasury Department. and nobody
was much surprised when President
+. G. Stevens, of the Commercial Ma
tional Bank, of this city, yesterday
afternoon. made public a correspond
ence between himself and Assistant
Secretary Keep of the Treasury De-
partment relative to the giving to the
National City Bank, either by order of
the Secretary or through the Treas
ury Department employees. of nforma-
ton as to holders of United States
bonds now being refunded.
" X In rnTalx IN r. r
Stevens letter making inquiry as to
why the New York City Bank was
given the names of such holders when
all other banks were positively re-
fused this privilege. states that names
were not given to the New York bank
but that this bank was allowed to
send it's circulars. advising refundng,
and pointing out the availability of the
National City Bank in doing this re-
funding. to the Treasury Department.
when they were addressed by the
Treasury Department employees from
is LIST of bondholders and mailed by
the department. He says this was
done with the understanding that the
Treasury Department should be reim-
bursed for expenses incurred in so
doing.
Hon. John r. Mclean. who now
controls the Washington Post is di-
rector of the Riggs National Bank.
and was said today TO be largely in
terested i'm both that and the National
City Bank of New York. but this
have not been able TO confirm. Mr..
Keeps letter of explanation needs no
comment, as he who runs can read.
Additional service has been ordered
by the Postoffice Department to begin
December list on route No. 8, rural
free delivery at Eastbend, Yadkin
county. n. C..
North Carolinians registered here
today are c. +. Lawrence and wife.
Durham; o. w. Loving and G. M.
hughes. Charlotte, and c. w. Spencer,
Gastonia.