The Forest Republican. [volume] (Tionesta, Pa.) 1869-1952, 1906-09-12
REPORMERS NO MORE
Men Who Wanted Berry Elected tc
"Lift the Lid" Now Under Cover.
JAIL GATES AJAR FOR SOME
Emery Gubernatorial Movement Loses
Some Heavy Contributors" and Hoi
Campaign Orators.
Special Correspondence.l

Campaign orators.
Especial Correspondence
Philadelphia, September II.
A severe blow was given to the
men engaged in the campaign of false
pretense which has been waged
against the Republican party in Penn
sylvania for the last few years by the
revelations growing out of the disas
trous failure OF the Real Estate Trust
company of this city.
1t has developed that some of the
heaviest contributors to the campaign
funds that have been used to defeat
Republican nominees and to promote
the so-called cause of "civic righteous
ness have been criminally RESPONSE
bic for the failure of this trust com
pany, some of them have actually loot
ed the institution, and there is reason
to believe that part of the funds be
longing to the depositors which were
thus stolen were turned over as sub.
scriptions to the Lincoln and the City
Party treasuyers.
During the recent political revolu
ton in this city, members of the board
of directors of this trust company
were the most blatant orators among
the "reformers."
They misrepresented the condition
of the state treasury and would have
every one believe that the common.
wealth OF Pennsylvania and the city
of Philadelphia were being robbed
right and left that the taxpayers
money was being sQuandered, and that
the lid must be lifted at Harrisburg
so that all the rascality which they al
legged existed in the management OF
the state treasury could be exposed
forthwith.
And Berry Lifted the Lid"
They demanded the election of VII
liam II. Berry, a Democrat, to the state
treasury. just as prior to the closing
of the trust company, they were in,
sisting upon the election of Lewis
Emery, Jr.. to the governorship, along
with his three Bryanite Democratic
colleagues, who make up the state
ticket.
These reform" leaders believed
that they could continue to fool the
people despite the fact that Berry was
elected state treasurer and Berry had
lifted the lid" at Harrisburg.
In the lifting of "the lid" Berry
showed that the so-called reformers
lied when they said the state treasury
had been mismanaged and that the
funds of the people had not been safe
guarded under Republican rule
Berry has been in Office since the
first Monday in May last. and his Of
fetal reports as to what he discovered
regarding the finances of the state are
the best testimonials that can be pre-.
sented regarding the Republican ad.
ministration of the affairs of the state
treasury
When Mr.. Berry took the oath OF
Office he receipted for the money in the
treasury and he made public the fact
that he found on hand s14000.000.
Every penny of the peoples money
was found and accountedfor in the state
treasury, and Berry ard his co-cam.
paigners in the recent political battles
in this state have been silenced upon
that issue
At no time within the history of the
commonwealth have the finances of the
state been in such good shape At the
end of the fiscal year, November 30
1905, there was a balance in the sink.
ing fund Of $4,000, ,57560 and in the
general fund $S.927, ,95O79, making to.
tai of s12,52S,526.39. The total out
standing indebtedness on that date was
s4,131, ,S6702 Deducting from this the
assets of the sinking fund the net state
debt is found to be $122, ,95S.09, consid
erably less than two cents per capita
No other state in the union can make
such splendid showing.
But the Real Estate Trust company's
directors, who so loudly demanded the
election of Berry as state treasurer and
who, until the crash came. were just
as insistent upon the election of Emery
to the governorship, have been removed
from the political arena.
One of them, the president of the
company, a pronounced Lincoln party
man, blew out his brains when he
found that discovery of his hypocrisy
and iniquity was inevitable.
Others of his board of directors have
been summoned to reveal the details OF
a damnabe conspiracy through which
the trust company was looted of ovel
s7,OOO,OOO
Some of them may yet find them.
selves before the criminal courts to an
swer to an enraged people.
John H. Converse, upon whose name
so many depositors banked so largely
owing to his connections with religion.
and reform organizations, has dis.
claimed any knowledge of the criminal
conduct of officials of the trust com.
pany He has not, however, succeeded
in satisfying the people who lost Their
money that he was loyal to their in.
terests. Instead of protecting their
deposits, he was engaged in promoting
so-called reform campaigns, espousine
the cause of men like Berry and Emery
serving on the advisory board" OF