Watertown leader. [volume] (Watertown, Jefferson County, Wis.) 1909-1911, 1909-10-29
WALSH is FREE
UNDER A BOND
CHICAGO FINANCIER MAY REMAIN
AT LIBERTY PENDING APPEAL
TO SUPREME COURT.
GOVERNMENTS PLEA DENIED.
Judge Grosscup Declares Convicted
Banker Must Be Treated Like ANY
Other Defendant
WILL DISPOSE OF RAILROADS.

CHICAGO, H., Oct. 2S.-John r.
Walsh, whose conviction of misuse of
the funds of the Chicago National bank
was recently affirmed by the United
States appellate court, may remain at
liberty under bond pending an attempt
to appeal his case to the supreme court
Of the United States.
The decision making this possible was
rendered in the appellate court today
when Judge Grosscup denied the peti-
ton of the government to have the
Walsh bonds of $4,000 cancelled Mr..
Walsh, hitherto allowed to travel about
the country, must now, however, remain
in Chicago.
The governments petition set forth
that Walsh with a sentence of five
years Imprisonment confronting him,
and with plenty of money at his COM
mand could well afford to leave the
country, repaying his b0ndsmen.
In answer. counsel for the defendant,
among other things, pledged Mr.. Walsh'S
word that he would not attempt to leave
the United States and that should his
petition Tor a renearlng by the appellate
court be denied, and the supreme court
go against him he would at once sur
render himself
Judge Grosscup said:
Like Any Other Man.
Nothing is brought to our attention
in the petition that shows any greater
likelihood that the plaintiff III error will
not remain in the jurisdiction of the
court to answer to the final order of
the court, than ordinarily exists in Grim
NAL cases at this stage of the procedure.
To sustain, therefore, the prayer of this
petition would be to say that no con-
victed man. whose conviction has been
affirmed. shall be allowed to be out on
bail pending a petition for rehearing,
or an application to the supreme court
for writ Of certiorari. This is not the
attitude that courts of appeal ought to
take toward parties whose appeals have
not been finally passed upon. The pc
tition is denied.
This action does not however, pre-
clude the government from keeping
plaintiff in error under such surveillance
as it may deem proper, nor for asking
for increased bail. The matter of in
creased bail is not before us on this
petition"
Mr. Walsh is said to have been placed
under constant scrutiny of five govern
ment agents Wednesday night.
Walsh Railroads Sold.
NEW YORK. Oct. 2S.-Former Judge
y,
Steel corporation, authorized today de-
NAL of a report from Chicago that the
steel corporation had secured an option
from John r. Walsh, the former banker,
for the purchase of the Walsh railways
for the sum of $27, 100000. The fol
lowing statement was made by Judge
Gary:
''As far as the United States Steel
corporation is concerned there is abso
lutely no truth in the story. AS to
whether any one else has secured the
roads | have no idea"
Wall street was much interested to
learn what disposition had been made
by Walsh of his railways. Two days
ago it was stated at the office of j. z.
Morgan & Co. that they were not in
terested in the properties and knew moth
ing about them. 1t is suggested in finan-
cial quarters that Mr.. Walsh has prob
ably turned over his railways to those
who are friendly to the steel corpora
ton.