New-York tribune., 1910-02-27
MIR. MURRAY ACTS
SUSPENDS EXAMINER.
Coleman's Gambling Com par
ions Hmriedly LeaUe Boston.

Cambridge, Mass. Feb. 2S.-Lawrence u
Murray. Controller OF the Currency, has
suspended E. 8. Pepper, the national bank
examiner who last December looked into
the affairs of the National City Bank
wrecked, 1t is alleged. by the defalcations
of George W. Coleman. the s12-a-week
bookkeeper, who yesterday returned from
Chicago TO face the charges. At the time
of the last examination the deposits had
shrunk to s152,oOo, as compared with de-
posits of $4,000 in the June preceding,
when an examination was made by EX-
aminer Currier. The suspension OF MT
Pepper will remain in force pending the
report of Examiner Samuel M. Mann, OF
Baltimore. who was assigned to-day by
Mr.. Murray to proceed to Cambridge and
of the bank
The suspension Of Mr.. Pepper over
shadowed in interest tonight all other
features of the closed banks affairs 10
Mr.. Pepper and the bank officials as well
1t came as a surprise.
Since the closing Of the institution last
Wednesday, following the discovery of the
tangIe in the accounts OF Coleman. Mr. Pep
per has been engaged at the bank going over
the books by order of the Controller of the
Currency Tonight he resting at MS
apartments after a strenuous day AT the
bank when he was informed Of the acton
of the Controller in relieving him OF fufther
duty temporarily. He said that he had not
received any official notification OF Mr.
Murrav's latest order and declined to make
any comment on it
Mr.. Pepper has had much experience as
bank examiner. He was appointed re-
ceiver OF the Pyncheon National Bank OIL
Springfield when it was closed, IN l9ol'
IF bank examiners can be made really
to examine and directors to direct ana
If gang of gamblers who are running
Boston young men can be apprehehoeu'
the depostors and stockholders OF the
wrecked National City Bank will not have
suffered in vsin,'' was the statement Oh
local business man to-day.
Tho unfortunate depositors and STOCK
holders hailed the report from Washins-
ton that an investigation OF the recent eA-
animation of the bank had been begun with
expressions of satisfaction, although they
admitted that they could not see any hlah-
;.I banaat Ia them It's locking the
doors after the horse has been stoieh'
said one OF them this afternoon
But the depositors and stockholders were
not quite SO pleased when they learned
that some Of the companions or 'Georse
W Coleman the alleged defauitlfls pooA-
keeper, had been we'll known sainolefs anu
that $4,000 of the banks money hao soiie
I'm an effort to break a faro oank. ihis
statement was vouched for by Chlef ol
Police Hurley, who said to-day that ne
had positive knowledge Of such loss ana
that several we'll known Boston players
had suddenly departed for parts uhhio" H.
The police would not say to-day tha'
Coleman had made confession, but they
did remark that the imprisoned bookkeeper
was helping the officers and might even
assist the receiver, Ex-Governor John L.
Bates. who, without promising IMMUNITY
said that his assistance would oe aPpreoi-
ated.
The experts who are at work on the
hooks of the bank will proba bly, soon ma
out how and when the sl6o,Wo was az
stracted from the bank, but its desuha-
ton is beyond the range OF the account
ants. .e.. h,,,n.
Coleman remains In jail. no effort haVlhg
heen made to obtain his $4,000 bali oono.