The Birmingham age-herald., 1907-11-15
CASE OUTLINED
 AGAINST WALSH First Witness Is Called By the
 Prosecution DEFENSE DENIES CRIME
SE DENIES CRIME
Assistant District Attorney Dobyns Takes Up the Transactions of the Former Bank President and
 Criticises Them Freely.

Chicago, November 1.-The openisg statements of the attorneys in the trial of John R. Walsh, former president of the Chicago National bank, indicted for alleged misuse of the funds of that in- stitution, was concluded today, and taking of testimony was commenced.
 Assistant District Attorney Dobyns fin. ished his opening statement by the time the court adjourned at noon. In the aft ternoon Attorney Edward T. Ritsher out lined the case which the defense will shown during the trial that the Chicago National bank never discounted any un- secured notes, that neither the bank nor MT. Walsh ever bought bond that was worthless, and that the payments made by MT. Walsh, or by the bank, were per fectly proper and In the due course of business.
 Mir. Ritsher declared that the defense will show that MT. Walsh made no un- justified loans and declared that the ques ton to be decided by the jury will nar- row down to one of good faith and honest intent instead of a crime. It will be shown, he said, that instead of MT. Walsh owing money to the bank he was actually it's creditor
 At the conclusion of MT. Ritsher's state- ment, T. J. Jackson, formerly cashier of the Chicago National bank, was called to the witness stand.
 The charter of the Chicago National bank was identified by MT. Jackson and was offered by the prosecutions as evil dence of the banks authority to com mence business. Through Jackson and l.. A. Walton, vice president of the Equit- able Trust company, who was the next witness called, the government began Identification of books of the three banks. which will be used in evidence. his process will occupy the opening hours of tomorrow's session.
 Bankers Acts Criticised. Assistant District Attorney Dobyns con tinued his arraignment of John R. Walsh. the former president of the Chicago Ma tional bank, when the trial was re- sumed today. He criticised the action of the banker in unmeasured terms, and was frequently interrupted by the atcor- neys for the defense with objections to his statements.
 Judge Anderson in the main sided in his ruling with MT. Dobyns, insisting that they reserve their objections until the as" sistant district attorney had finishe1 a. statement, and not interrupt him in the middle of a sentence.
 The assistant district attorney con cluded his morning address with state of 1a hol6ino fha ChtccQn hanke of the bonds of the Sou .lern Indiana railroad.
 The transactions of MT. Walsh in con- nection with the Wisconsin and Michigan railroad and the Lake Michigan railroad and the Lake Michigan CaT Ferry IT ans portation company were also commented upon in severe terms
 Kept a Secret. Mir Dobyns declared thac the financial operations of MT. Walsh " gre kept se- cret from the members of the board Of directors of the bank, decIa. mg that sev- eraI of them will take the stand during the trial and testify to taa- effect. The financial troubles O. .he Chicago Chronicle a newspaper controlled by MT. Walsh, were discussed by the speaker He declared that the Chronicle during its ex- istence ran behind sl,6l1.104. In one year he declared the receipts were 4o2TOi, while the expenses were $712,716
 MT. Dobyns declared that large loans were made to the Chronicle by the bank. and that at one time had withdrawn from the bank a sum in excess of the legal amount that could be loaned to it. The bank examiner directed that MT. Walsh decrease the amount of the loan MT. Walsh he declared, promised to do this, but never did.
 MT. Dobyns concluded his statement during the morning session of the court. and in the afternoon Attorney Ritsher made the opening address of the defense.