Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1909-10-12
United States Court Of Appeals Sustains His Con-
vcion on 10 Out Of IS Counts--40-days Stay
Of Sentence in Which to Take His Case
To the United States Supreme Court.

try at once to secure Mr.. Morse's re-
leas" on bail
Whcn he LETT the Federal building in
custody of On officer of the Tombs he
kissed MS wife and son and rode down
stairs IL the elevator. He was not
the door. After posing for phOtog-
RAJ hers he entered the cab and was
WhiSked away to prison.
One of Mr. MOrSc'S keeneSt regrets in
being forced to return to prison is the
interruption of the b2aVer-like strug-
gle to rebuild his fortune. Since his
liberation under bail he had been re-
elected president of the Metropolitan
Steamship Co. Il New England corpo-
ration. and of III" Hudson Navigation
Co.. operating Il line Of boats on the
Hudson. He is also credited with hav-
ing discharged the bulk OF his debts
From the two big transportation linee
which within tAc week have elected
Mr. Morse as their president, no Off
1ial statement was forthcoming after
today's decision. 1t is understood that
Tor the time Icing at least the cleo
tons will stand.
NV York, Oct. ll.-Fiftcen years at
nali laInr in = Federal prison came
one legal stage nearer Charles ".
MorS@, the former banker and capital
st, today. whcn the United States cir
Jut court of appeals upheld the lower
-odrt H. senter, the banker To
such 4 l.enalty fer -nisapplying the
FUNDS OF Il national bank. Morse sur
rendered himself and his attorneys I'M
mtdiatelY Logan steps to carry his
case To the United States supreme
court and to secItr' 4 continuation of
his bail bond pending further argu-
mcnt
While the court today did not tighten
the sentence which Morse has been
striving TO anAul its decision was no,
entirely adverse because it sustained
only 10 of the 55 counts on which he
was convicted by jury. This, say his
attorneys, will leave Il means OF APP
proach to the count OF last resort and
an application for a writ of cortiorari
To review the case will be made on
oct IS in Washington
Mr.. Morse is keenly disappointed
That Judgment against him was nor
reversed" said his lawyer, Martin W.
lhttlcton. today, but he has faith that
1t would be WHEN the case is brought
before the supreme cou.t of the lrnitcr
St2teS. He is not cast down bv ,h..
decision and as far as he will be az
lowed his liberty lending final adlld,-
cation of the matter, be will continue
10 repair his broken fortune and help
those whom ne is supposed to have In,
jured."
The decision of the circuit judges to-
DAY was unanimous. To Morse's COM
paint that ID years was excessive, IL:
view OF the suspension of sentence on
Alfred NJ. Curtis, who was indicted
with him, the court answers that this
IS complaint to be made to- the Pres
ident OF the United States in asking
clemcncy.
Mr.. Morse was convicted of violat-
ing the national banking laws in mis-
applying the funds of the National
Bank of North America, of which he
was president at the time of the last
lihancial panic. He was charged With
making false entries on the banks
nooks' lie was sentenced on Nov. s.
l9oo, AFTER long jury trial
Inc United States circuit court of
Appeals IN its decision rendered today
said:
we fully realize the consequences
TO the defendant which must follow an
afhrmance OF this judgment and vet
we cannot doubt that he was given a
fair trial and the verdict on the IA
counts was amply sustained bv the
proof. No unprecedented person can
read the record without being con-
WINGED that by the defendants bro
curement the bank National Bank of
North America) bought it's own stock
and the stock of the Ice Securities Co
and by his procurement the entries in
the bank book and in the REPORTS of
the comptroller as those transactions
We're so arranged as to conceal the
truth and TO record transactions which
in reality never took place.
Morse was indicted on March L.
1908. on his return from Europe. The
Indictment contained 30 counts. COM
prlSing conspiracy to defraud the Unit
ed States government, the making of
false entries and the misappication
OF the funds of Il national bank.
1t was charged that Morse, with
others, was engaged in a pool that was
manipulating the stock of the Ameri-
can Ice Co. AS the result of this pool,
Unitcd States District Attorney Slim
son declared, Morse and his associates
became possessors of large blocks of
ice stock and finally. getting near the
end of their resources, went to the
National Bank of North America and
secured money to continue the specu-
lation. The government alleged that
from time to time 100000 of the