The diamond drill. (Crystal Falls, Iron County, Mich.) 1887-1996, 1905-01-28
CARNEGIE PAYS
CHADWICK DEBTS
Steel Magnate Sends Check
to President King of
0berIin College.
NAMES THOSE TO BE AIDED
old Soldiers. Women Of Small Means
and Others Who Lost Means OF Sup
port in Bank Failure Are to Dc Re
imbursed.

Cleveland o.. Jan 1S- Andrew
Carnegie has made good the losses
OF those who suffered worst IN the
failure or tile Citizens bank Of Obcr.
lin through the operations Of Cassie
L. Chadwick a draft has been re-.
ceivcd hy President King on Obcrliu
college covering the amccats Those
included iu tho list az ucuodciaries
AFRO the Oberln students, old soldiers
people OF small means churches and
tho like
a biz sensation has been caused
here by the Inference that Ms. Carne-
Eio Will make good all the losses
sustained by banks and individual
through the alleged forgery OF his
name rs notes used as collateral by
Mrs Chadwlcb
Mrs. Chadwick lie Mute
In her pri son cen Mrs Chadv ,tE
when told OF The artlng develop
mcut as the resuit ar her OhcrHu
operations moved rc, a feature A.
N 20 carry oul her JUlv that ortanglcd
the name OF Andrew Carnegie Boo her
financial career she simply said. .
can say nothing Anything ot this
must come from Mr. Carnegie him
self" She expressed no surprise NJ
the steel hnes move.
President King OF Oberlu made the
announcement that Andrew Carnegie
Was the man who was doing the
philauthr0piC act ~ reimhnrsirE loss
es. All the students had received
their mouey from The college treas
urer before cha umae and draft Tor
$4,000 was received from the steel
king nut Mr. Canegiea maruaulm
it} does not stop here said President
King
Carnegie VIII Pay.
Tho \ NJ q A. is 10 receive mp
ward OF $4,000 which had been laid
aside for new building aud be- ex
pressed wish that all old soldiers
women ~ small means and others
who had lost their means ~ sup
port through the bank failure should
bo aided As yet we cannot tell what
amount % money will be needed 90
pay back the losses 10 these people
but Mr. Carnegie viii send a sufficient
amount To pay an such worthy cases
The matter az paying these claims
has not been hlly arranged We have
made soma Investigations concerning
the dopositors and viii probably ap
point commission which viii iu
ycstieate each case C0lone, j. "
steele viii act as chairman 81 this
AZ,
the matter VIII be ably attended 10
Boon 70 Students.
As soon as MI Carnegie atten
ton was called % the fact that the
unfortunate forgery OF his name bad
caused untold hardship among many
~ the students Of the college he eN
pressed himself as willing to come 90
.hr reecue Many studcut would
have been compelled 20 leave tho To-
stiuuon 10 hg bad not done so and
$50 have every reason 10 feel very
faaukfu#f hiA generosity and lna.
ness
sCo steele ia postmaster az this
place and rs director In the dcfunct
bank Ne making every cfrort to
carry ont tho wiahra ~ Mr. Carnegie
t1 Tho letter aud the people here bt.
levc boa ia he best man possible for
me undertaking
Tho students alane had 81 00U in
the #baut The others Who VIII bee
heneitcd viii nld large amount 10
this sum just hoW much more NJ NOT
now known
Woman 20 DC Released
Attorney g. unvley appeared bc
fore United states Circuit Judge Wing
aud asked that me amount az bail for
the rcleaee of Mrs Cassie l.. chad.
wick bo nxcH District Attorney su.
Ivan asked that bail be fixed ~ S25
600 Mr. nnWicy suggested fld.U00
judge Wing compromised by placing
ihn amount ot bail al SO 0U0 ana At
torn,y naWlcy said this amount would
ue furnished
This would release Mr.. Chadwick
ON the federal charges There are
however three other indictments
against her In the Cuyahuga county
courts % WAS said by MIR Dawley
that b. WuulU al once ask the state
courts to o. the amount 81 bail for
the immediate rolcate 81 Mrs chad
wick Mr uaWlry said be- Thought
Mrs Chadwick would remain no Clovp.