The Washington herald., 1907-05-03
BOND THIEF 70 PLEAD
Loan Clerk Douglas to Go
Before Grand Jury.
BENNETT sECRETEs FORTUNE
Wall street Broker, Arrested in
Connection with LOOtinE of Trust
Company OF America, Hides More
Than $500, 0,OOO-JOsiah Quincy, of
Boston, Asked 70 Make Statement.

New York, May 2.-The cases of VIII
liam o. Douglas and Oliver NJ. bennett
viii go before the grand jury on Monday.
Douglas has been held for stealing about
81. 100000 worth Of securities from the
Trust Company Of America, where he was
employed as assistant loan clerk, and
bennett broker, at 42 Wall street, Is
held for being In collision with him in the
robbery. The district attorneys ofiee ex-
pect Douglas 10 plead guilty. but II is
thought that bennett will make a fight.
Former Assistant District Attorney
Robertson Honey, who is counsel for
Douglas had a long conference with As
sistant District Attorney Murphy to-day.
Mr. Murphy has charge of the prosecution
of the cases against Douglas and Den
nett. Mr.. Honey. in addition 10 being
lawyer for Douglas is a br0ther-in-law
Of former Mayor Josiah Quincy, Of Bos-
ton. It was in regard 10 the latter that
Mr.. Honey conferred with Assistant Dis
trict Attorney Murphy,
II was Mr. Quincy who refused a re-
tainer from bennett, when the latter
asbed him 70 look after the interests OF
his friend, who had stolen million dol
lars" When Douglas. who was 'the
friend was arrested, Mr. Quincy sug-
gested his brothe.-in-law as q lawyer.
Retainer Onered Quincy.
Assistant District Attorney Murphy has
learned that Mr. Quincy was offered
retainer Of 1850 10 take up the case and
$1,000 additional should be succeed fB
getting the officials Of the Trust Com
pany Of Anlerica to agree not 10 prosecute
Douglas In consideration for the return
Of a large amount Of securities that the
assistant loan clerk stole 70 use as club
over the heads Of the trust company
officials IN forcing this comprom. Sc.
While the district attorney has not sum
moned Mr.. Quincy 10 tell what he knows
Of the case. at the same time Assistant
District Attorney Murphy would like very
much 20 have a talk with Mr. quincy, and
learn from him just what he said 10 Den
nett Whe nhe refused his retainer Mr..
Murphy told Lawyer Honey OF tHIs desire.
and the lawyer went to Boston tonight
to confer with his brother-in-law, and see
Il Mr. Quincy would come here and make
statement. The district attorneys
Office is anXiously awaiting a reply from
Boston tomorrow telling whether OF not
Mr.. Orkney cares To come here and make
a statement.
Found In Dennett's Room.
II was learned definitely to-day just
what money and securities were found in
Dennetts room at the Manhattan Club,
when it was raided two days after the
arrest Of Douglas. Besides the securities
worth about 800 geo. all gilt-edged, mcgee
liable. stocks and bonds, there was found
81. 500 in cash OF this amount s. 500 was
in an envelope. ana bennett had planned
20 give il 10 the lawyer that was 10 take
up Douglass ease This s22.500 is all
the cash that can be traced II bennett
and Douglas have any more hid away
as a result Of the stealing. the authorities
and the officers Of the trust company are
unaware Of its location.
The impression that the men in the dis
trict attorneys office and in the Offices of
the Trust Company Of America now have.
IS that Of the $l65,000 that bennett and
Douglas realized from the steaIings all
was lost with the exception OF this 81. 500
independent of a small sum used in the
last few days for expenses In speculation
II is the opinion OF the authorities that
the greater part of this $3.50 was 10 be
used by Douglas and his wife in their
flight, which they were planning when the
assistant loan clerk was arrested