Waterbury evening Democrat., 1908-02-07
ASKS MORSE RETURN
Counsel For Ex-Head Of Ice Trust
Gables Him to Come Back.
SAILING TOWARD LIVERPOOL
Receiver Hanna Finds Missing Man.
Boxes In Vaults Of New Amsterdam
Bank Bare of Securities-Furnitur<
In Fifth Avenue Mansion Attached.


New York, Feb. 7.-Whle Charles
W. Morse, whose vast fortune, mad,
through ice, steamship and banking
manipuations, has been wiped ava,
in the financial turmoil of the las
year, was sailing toward Liverpool OIL
the steamship Carmania the fedora
grand jury was busy investigating hi
financiering methods in the collapsed
National Bank of North America. Th,
expectation of an indictment wal
strengthened when it was learned tha
United States Attorney Stimson ha(
directed Albert B. Boardman, counse
for Morse, to send cable message re
questing Morse to return to New Yorl
by the earliest steamer.
There were many indications tina
when the former 'ice king should re
turn to America he might find Gel
open for him.
That the federal authorities are ca
ger to see Morse was shown wheI
Boardman, coming from his third con
ference of the day with Stimson, said
AT the request of Mr.. Stimson | hav,
cabled Mr.. Morse in Liverpool to com,
back" Morse will not reach the Eng
lish port before Saturday and may no
find a boat returning until the follow
ing Tuesday or Wednesday
Though Morse may have gone II
Europe for his health, as his friends
insist, the situation here had grown
OminOus for him recently. Creditors
We're striving to attach any bit OF
property or any equity possessed by
the banker whose credit year agt
was unbounded. More creditors were
bobbing up to tell Of the thousands OF
dollars that the ice king" owed t.
them. Even the furniture in Morse!
beautiful home in Fifth avenue han
been attached to protect debt due t.
the National Bank of North America
Morse was not reelected to the vic,
presidency of the Butterick company
which held its annual meeting here.
To add to the cloud Overhanging tn,
Il
equal to ]. P. Morgan, details were re
vealed of the facts that were beinl
laid before the federal grand jury
Most significant of all was the stor,
that Morse prior to the panic of las
fall had been directed peremptorl,y b,
the clearing house to take out. of tn,
National Bank of North America loani
amounting TO more than Sf.500,00t
made to corporations Of which he ha(
control.
Gllmpses of the methods and the III,
of the financler were added by varlou,
bankers. They depicted Morse as ,
gambler, a daring speculator, who haC
taken chances and i'm the prime of lif,
had lost
''Ur course Morse was gambler,
said Boardman, ''and the men witt
whom he associated knew he tool
great chances. Many Of his associate,
are gamblers. They made big ven
lures. They aimed to take big risks il
the hope Of getting big profits. Whilt
they made money Morse was laudet
as a genius and wonderful business
man. Now that with the turn of th'
wheel of fortune he has lost, thos,
friends have turned and are bite
against him. But Morse il game, ant
he will come back to face any charges
Morse always kept within the law
though be was a gambler at heart"
In the same defensive spirit Board
man met the accusation that Mors'
was hurrylng TO Europe to hide ava.
S1.OO0O00 or so in gilt edge securities
Boardman said such an assertion wa
not true, as Morse had used ever.
available cent and every available as
set In meeting debts. Boardman as
serted that until Morse grew nervou
and worn he had spent every day con
ferring with debtors and seeking {
arrange a Just settlement
Supporting the rumor that Mors
had hurried to Europe with bunch o
stocks and bonds was the statemen
made by a reliable person that ever.
safe deposit box OF Morse's had beeI
emptled several days ago. Charles A
Hanna, receiver for the National Banl
OF North America. who had obtained
writ Of attachment for any securitie
belonging 10 Morse in the New Am
sterdam vaults. found Morse's boxe
bar. ~ uF.ch Y.as.ara