The Washington herald., 1908-02-08

Queenstown. Feb Among the passen-
gers who arrived here to-day on board The
Cunard Line steamer Campania was
Charles W Morse. the deposed New York
ice and steamship king. whose return 10
that city according to information re-
ceived here, is earnestly desired by the
United States district attorney. who is in
vestigating Mr.. Morses dealings with Ger
tain national banks. He Travelled under
the pseudonym Of c N. Moore. Your
correspondent found him playing cards IN
the smoking room OF the steamer. and
asked him why he had left New York.
Mr. Morse replied:
"Oh, don't mind that. I have rectihed
matters"
He then abruptly left the room. The
correspondent followed him into the cor
/ ridor and showed him a clipping from a
| New York cable dispatch. which included
statement that his assets had been at
tached. Mr.. Morse said that he had cabled
to America on this subject and he did not
doubt that matters would be made right.
II. 49,.
However. I intend to return TO Amer
lea next week. When I get there I viii
certainly see that things are settled just
! ly The bank win be reconstructed, after
which. I ain sure. things win work
enootbI,.,
/ w. ..,...s -..,..-. e.. ma ..,;,. .e..-
/ ~. - - a.. ~. 80.
..-r1s,,s NV l,,,sj,,ses II fs ror the l,,sf-
moss of sD,bo51 else
IT., O. s,o- c..t
,7o,,.,- g,,.-,es ,,.l,, ,,,, l,,,-,,i.,., an ~
to-5sy for More assats ~ satisfy the
National Bank of North Americas s243ao3
Icla.m succeeded I'm locating in cash only
lslG This balance was found standing 10
/ the sdeposed bankers credit at The Office
/ Of Primrose & Braun. his brokers.
/ Apparently Morse has closed out all Of
his accounts in New York banks. His
largest standing accounts were with the
! National Bank of North Carolina and the
New Amsterdam National He wound up
both Of those accounts before the banks
closed.
He also had good-sized account with
the Knickerb0cker Trust Company but
it is understood that that was drawn
down TO nominal amount before that in
stitUtion closed its doors.
Receiver Charles A Hanna. Of the Bank
Of North America, viii. however, take no
I chances on missing some of the Morse
assets. He VIII have attachments served
on every bank and trust company tn the
citv in the hone of landing a few where
Morse NAV AZ least have some equity in
collats~s1 mon loans
Attachments on bahhs'
About fifty banks and trust companies
were served to-day and the process will
90 on tomorrow. The thing has become
SO extensive that counsel TO the receiver
has given mp attempting 10 have the at
tachments drawn in regular form on type
writer. Instead. blank forms have been
printed and these are being filled in and
turned over TO Sheriff Foley's deputies
by the dozen. 1t is expected that fully
$50 institutions will have been served
with the attachments before the case IS
ended, and that is saying nothing Of the
numerous brokerage houses with which
Morse had dealings.
If no other result Is obtained from these
attachment proceedings the people of
~. VI ,,.-u ~ I.,s+ l,,,ov, 5,,et ,rbat
-
Ddhh STUN "iV V'"0' NV ''N'H9
hooked IN local bdnking lnsJtutions-
His method is well known. Upon his
holdings in one bank he obtained loans
with, which to nurcbase stock IN another
hank The stock Of the second was in
tnrD to ACQUIRE a hold on a third. and 50
the Morse chain was built up. In the
attachment proceedings eaeh oanK VIII De
obi'sed 70 MAKE q ie'Gih Ci 'i.e 'io'
i0aiiS anu 'ile o.
h1t''e is hei' he"i""'
Persons who nave investigated these
Morse loans said To-Day thal me amount
in New York banks would taii oeioW the
general estimates As matter Of iacI
Morse, II was SAID, had more OF H-s DaiiA
stocks and other securltes scattered out
in country banks, chiefly IN New Eng
land. than he has ia New York City. The
feeling against Morse in these outside dis
tricte notably IN in Maine his old home.
:; u,..s-,,l,ri,- titta~ Sirca sorno % his
80 -. .,,-.. "a frio-E, a,
OdiiAs ih 'i's oi''
Name VINO nave peeH H'pi,e1 H'.
cropped mo this cl'y anu ousseu MN w
mn ana down