Willmar tribune. [volume] (Willmar, Minn.) 1895-1931, 1907-12-25
Sec. C0RTELY0U
Hailed into COURT.
MUST SHOW CAUSE IN ALLOTTIN0
PANAMA BONDS TO GER
TAIN BANKS.
ACTION MAY RESULT
IN AN INJUNCTION
New Yorker, Evidently Denied Docu-
ments, Takes Matter Into Supreme
Judieiary's Hands-Paper Valued
at $21, 100000 is involved.

Washington, Dec. 19.-Justice Gould
OF the district supreme court Wednes-
day cited George B. Cortelyou, secre-
tary of the treasury, to appear in court
Friday, January 3, 1908, to show cause
why he should not be enjoined from
turning over or delivering the balance
of the $21,450,000 of the Panama
canal bonds to certain banks and per.
sons to whom he has announced al
lotments. -
New York Man in Case.
The citation issued by Justice Gould
Is based on a petition filed by George
w. Austin of New York, who de-
scribed himself as a tax payer and
property owner in the United States,
and who declares he made a proposal
to purchase bonds of the advertised
issue of the face value of $4,000, 900.
He AYERS he had agreed to pay at the
rate of 103.375 and accrued interest
per $500, and on notice of the accept.
ance of his subscription stands
ready to deposit the amount with the
assistant treasurer at New York.
Bid Is Ignored.
Mr.. Austin informs the court that
he has been advised through the pub
lie press that in direct violation of the
statutes and in absolute disregard of
the treasury departments circular No.
60, of the $25,000,000 of the bonds al
lotted only $1,O00,OOO were allotted to
~ of In }rS wi
bidders for the same and who, in &C.
cordance with the statutes and said
circular, were given. an equal ,oppoT.
tunity to subscribe therefor. the re-
naming $24,000,000 were allotted to
divers national banks throughout the
United States and only $3,550,0O0 of
which were allotted to banks which
bid higher price than that bid by
him.
Denies Political Yarns.
Secretary Cortelyou, in a state
ment given out here, pronounces un-
qualifiedly false the current rumors
of undue political activity of his
friends in forwarding a movement in
his interest.
The secretary declares that neither
he nor his friends have used their
influence in behalf of any candidate
for the presidency and that he has not
been a candidate for anything but the
confidence of the people. He adds that
If he should hereafter decide to be a
candidate for any Office he will say
so frankly.
Text Of His Statement.
The statement follows:
December IL, 1907 do not know
that I am called upon to make a state
ment at this time, but in view of the
various rumors in circulation as to the
alleged political activity of friends Of
mine in my interest, l will say that
| have not been. a candidate for any
thing but the confidence of the people
in the discharge of my duties as Sec
rotary of the treasury. l have not in
person sought, nor have the friends
whose names have been mentioned in
this connection sought, to influence po,
lltical movements in my interest; l
have not nor have they used any in.
fuence, directly or indirectly, to Sc
cure political support for or against
any candidate for the presidency, and
accusations that such has been done
are unqualifiedly false.
I'm no office, in no one of three de-
partments with which 1 have been
connected, have I authorized or per-
mitted officials or employees to attempt
to influence any such movements, moi
shall I do so"