The evening world., 1908-11-09
! Though Rated at s2o,ooo,ooo,
Former "Ice King" Can't
Pay His Debts.
CALLS HIMSELF "GOAT."
Nobody Lost Money Through
His Transactions, Is
Bankers Plea.

BY his own admission, made under
osth. Charles W. Morse is a bankrupt
In an AFFIDAVIT produced IN hearing
, before the United States Circuit Court
/ of Appeals this afternoon Morse swears
that his assets are not sufficient to pay
his debts.
The hearing was on an order secured
last Friday by Morse's counsel, calling
I upon United States District-At,orney
Stimson to show cause why Morse
should not be admitted TO hail. Wallace
Macfariane. Eugene Carver and
Charles A. Littletield appeared to argue
: for Morse. Mr.. Stimson and his as
! sistants. Mr.. Wise and MIR Frank
further, appeared for the Government.
Morse was not in court. a crowd
yivaliing in size those which gathered
outside the Tombs during the Thaw
trial hung around all day. Whiting for
! a glimpse OF the convicted banker, but
he was kept within the walls OF the
prison. his presence at the argument
not being necessary.
Scheduled at $2o,ooo,ooo.
without the presence OF Morse, the
crowd that had gathered in the Circuit
Court room soon dwindled after the
lawyers began their dry arguments
Mr.. Macfarlane. who opened for the
prisoner. referred to Judge Hough $
memorandum. in which Morse's wealth
was set at s2o.oo0,0oo.
As a matter OF fact" said Mr.. Mac
sarlane, "the detendan: Morse isiprac-
tically without means. He has not
oney enough to pay his debts. ! de-
sire TO file affdavts, setting forth this
condition, signed by Morse and his per-
sonal counsel. Mr.. Carver. who Is con-
versant with Morse's affairs.
IN Mr.. Morse is admitted to bail, he
will have to depend upon his old friends
10 furnish the bond. He cannot, by amy
process, turn over 10 them property 10
reimburse them against loss should he
run away because he has no property
OF his own"
Decision on the question OF bail was
reserved.
Calls Himself "the Goat"
"They have made me the goat" is the
way Morse expresses his opinion OF the
outcome Of his trial. They can't show
that any innocent person ever lost
penny through my operations. Gam
blers in Wall street have had their
deals disarranged by my business
plans and have worked out their re-
venge."
The members OF Morses family have
absolute and mistaken confidence in his
innocence. He has held the love and
respect OF his blood kin. His wife said
to-day that she would stake her life
upon a hnal judgment of the court de-
caring his innocence of wrongdoing
His sister Jennie Is prepared to spend
her personal fortune of Sl,OOO0O0 II nee
essary to rehabiltate him in the esteem
OF the public. She Is one of the most
respected women in her town, where
her charities are wide and discreet,
Outside of his family Morse is prob
ably the most unpopular high finance
maniplatoI since the time of Jay
Gould. New York hates him because
he trsficked for gain in the city's prime
summer necessity-ice. lie is hated in
the world of finance because of his
ruthless methods and in his home
state. Maine, where he was born and
reared, his life would not be safe in
certain portions,
Along the Kennebec River from B-s-
den 10 Augusta there, are scores of
men who have vowed to Kill Morse
on sight Time was when these men
were prosperous dealers in ice, harvest
ing the product In the winter and ship
ping II 10 the great centres OF popula-
ton.
He Foresaw disabilities.
Charles W. Morse, trained ia the Ice
business and mentally equipped be-
yOnd his neighhOrs. saw possibilities In
The Ice crop. lie came down TO New
York formed the American Ice Com
Vauy. absorbed the little icemen along
the kennenec River and paid them for
,hs tights in stock OF his company,
SAs Amsgisaa Ice G9myAnss failed, aHa
s.eainn,.onu,yu".".,".