The Forest Republican. [volume] (Tionesta, Pa.) 1869-1952, 1906-10-17

to finance this business venture. 1he
news that this same trust company
which Berry has favored his more
than 100000 in the general funds oil
the state was also surprise to those
who knew him as an ardent reformer
This surprise was not lessened by Ber.
rvs admission that for his bond fol
100000 he was only compelled to pay
q nominal fee.
The usual fee of security companies
for taking such bond is s2500 year
1t was not considered remarkable
that the State Treasurer should lool
with kindly eye on the Harrisburg
Trust Company.
Those who read OF the transaction
were startled when they recalled the
strong demand for treasury reform ir
last Democratic platform and the veh,
ement speeches which Berry and Ho
mer Castle made concerning politician,
who borrowed money from banks which
hold state funds.
Although Berry's entry into brici
making did not begin until after hi
became State Treasurer his friends II
Chester are confident that 1t will be
successful venture. Berry is known IL
his home town as q shrewd busines,
man.
But what is causing no end of gossip
especially in reform circles" is tn,
fact that Berry should so soon aftel
his election engage in transactions o.
a character which he and his associ
ates have for years denounced.
"Old Timers" Put to Shame.
The fact is that he went further thar
any of his predecessors.
The reformers did not have an op
portunity to criticise any state treas
urer for borrowing from state deposi
tories. There Is no record of such
condition of affairs in the history
the state Treasury under Republican
administration.
There have been criticisms from tint
to time of politicians supporting tn,
party in power for borrowing from
of state funds.
When the Enterprise Bank failed II
Allegheny it was Mr.. Berry and hi.
Democratic colleagues who went NJ
and down the state frantically decry
ing system which would permit poll
ticians borrowing from banks carry
ing deposits of state funds.
But there never was a charge thai
q state treasurer was engaged in tha
line of business until Mr.. Berry, 9TH,
reformer.' was elected.
The state did not lose a dollar b!
the failure of the Enterprise Bank
which afforded so much political capi
tai for Mr.. Berry last fall, as everl
penny of state funds deposited in tha
bank has been paid back, with inter
est, into the state treasury.
The late Senator Quay, while havin,
no connection with the state treasury
borrowed money from the Peoplei
Bank in Philadelphia upon approved
collateral, such as any other either
might do, but the Berrys and the En-
cry and the other "reformers" set III
hue and cry throughout the common
wealth, and painted him as a Law
breaker and an emmy of the people.
Mr.. Berry, as State Treasurer, Il
now discovered to be a large borrower
from an institution from which he cal
draw large sums of money any day
might cripple the trust company finan
cially in case of a run, and yet he wal
chosen as reform" candidate fol
State Treasurer, and he is still night,
upon the stump demanding the election
of a reform candidate for Governor
in the person of that eminent ''refor
mer," Lewis Emery, Jr, of Pure OF
fame, of Brewery and Church" no
toriety, and of other scandalous condi
tions that are now the subject of gen
eral criticism.