Bismarck daily tribune. [volume] (Bismarck, Dakota [N.D.]) 1881-1916, 1910-04-07
GRAND jury HAS |.
MADE: Id: ! REPORT | On
:: :.PIII'sBluRGCA4sE i $! ||| | |||I: i
THE sTARr.,na psMLogsN'ElnTs g !
PROMISED WERE sUPFL'Eo
4. < ~ ..:yVEpNEsDAY.
MANY BANKERS IMPLICATED
REPORT OF THE eRAhyo JURY is
d. 3: LONG AND FpLL y oF;'N.
= TEREST. 81

80 ~ =, 's+;a..I%f% 5sFaas
LONG AND FpLL oF;'".
TEREsT. &%
Rotten Condition of City Politisss Is
Shown =. Many Bankers Paid for
the Privilege .of Holding the City
Money ON pepolit - Abbreviated
Report Of Jury FoI'o~n.
Pittsburg, April 6.-The climax
promised in Pittsburg graft expos
ures came, as promised, late today
with the prenestmn shrdl me rdld
with the presentment by the grand
jury of a long report in which is
recommended the. Indictment OF
Frank N. Hoffstot, president of the
Pressed Steel Car Co., and one or
the most:prominent business men In
the country.
simultaneously in open court came
a plea of Emil Winter, president OF
Workingman's Saving and Trust co.
that he had no defense to make to
the charge that he gave $4,000
bribe- to Councilman MOTIFS En-
stein.
The following in abbreviated forms
are some of the most startling words
In grand jurys present made pubic
tonight: .-..'.
!. That Frank N Hoffstot, presi-
dent of Pressed Steel Car Co., and
president of the German National
Bank OF Allegheny, prominently
identified with other banks, paid to
Charles Stewart, a former select
councilman, the sum Of >vl,50O.
2. That the money was = bribe
used n influencing the votes Of conn
eilmen to pass anr-trdinance naming
three banks in. which Hoffstot was
interested as ofncial repositories OF
the city's' millions.
;. That the arrangement for the
payment Of money to Stewart was
made IN the spring of 1908, and that
late James w. Friend, at that time
an ohcial of the Pressed Steel Car
Co., was an associate in the tran
sactio1.
4. That the original plan which
Friend had was to obtain the ser
vices Of william A. Blakeley, who
was then a practicing attorney here,
but who is now the district attor-
ney in charge of the graft prosecu-
tions, as a stakeholder OF the br1be
money until the ordinance had pass
ed.
s. That Attorney Blakeley declined
to act in the capacity named and
warned all parties of the criminal1ty
Of the proposition and the liability
to prosecution If it went further.
6. That subsequent to Mr.. Blake
ley's refusal Messrs. Friend and
Hoffstot, completed an arrangement
with Stewart whereby Hoffstot
would pay or cause to be paid to
Stewart the sum named in-$52 500.
7:That the transaction was ar
ranged to be made in New York
city, and took place there in June
1908, in 'odder, If possible, to avoid
criminal liability in Allegheny coun-
ty.
8. That Hoffstot did also solicit
and secure from one James N. Young
cashier of Second National Bank Of
Pittsburg, the sum of $4,000 to be
paid Stewart to insure the selection
of the Second National as one Of the
favored city repositories.
9. That Stewart did demand from
the now deceased Friend, who was
acting as agent for the Second Ma
tional bank, a bribe for Stewards
vote ia favor of bank ordinances.
10. That in accordance with the
findings, it be recommended that IN
dictment charging conspiracy and
bribery be returned.
The banks named as ultimate
principals to profit by the bribes al
legged to have been paid by Hoffstot,
to Stewart are: The Farmers De-
posit National bank, the Second Ma
tional Bank Of Pittsburg and Ger
man National Bank of Allegheny. In
addition to these the Columbia Ma
tional Bank of Pittsburg, the German
National Bank of Pittsburg and the
Workiagman's Savings and Trust co.
of Allegheny were named as city de-
positories in an ordinance which
passed July 9, 1908, over the may
or's veto.
The plea of nolle contendere made
by President Emil Winter of Work
fngman's Savings & Trust Co. today
was no less sensational than the re-
port of the grand Jury. He was
charged with the payment of $40,
600 bribe to Morris Einstein, FORM
er select councilman. When Winter
appeared in court, Judge r. 8. Fras-
er, who is presiding dn graft cases.
asked to be excused from hearing
the plea.
Judge Fraser explained that on &C
count of his long and intimate
friendship with Mr.. Winter he wish
ed to have nothing to do with the
case Winter was then taken be-