New-York tribune., 1911-01-09
PLANS TO OPEN HYDE'S
PRIVATE DESK FOR BOND|
Controller Wants Carnegie Trust
Company Guarantee. if 1t
Be in Existence.
APPEALS TO MAYOR TO-DAY
Whereabouts of Missing Cham
berlain as Great a Mystery as
Eyer-Merchants' Asso-
citation May Act.

| Protests against the prolonged ''vaca-
tion" Of City Chamberlain Hyde sim
mered along yesterday until they al
most reached the boiling point. an in
| dignant one will come from Controller
! Prendergast this morning, when he will
ask the Mayor TO call a meeting Of the
Banking Commission Of the city. a body
composed Of the Mayor, the Controller
/ and the City Chamberlain and at that
meeting the Controller will make formal
demand that the Carnegie Trust Com
pany guarantee be produced
! From the Investigations on Saturday,
when the trust company's doors were
| closed il appeared that the guarantee in
/ question had not been deposited in the
regular vault in the Chamberlain's office
! for such guarantees or collateral secur-
/ ing DEPOSITS. and il was intimated that 1t
must have been placed In Mr. Hyde's
private desk.
The Controller looks upon that guar
antec as UonC or collateral for the
security OF the deposits Of city money
with the Carnegie Trust Company. and
can see no reason Why Il should not
have been placed with all other such
papers in the regular vaults Of the
ChambeIlain's office. If it is established
that it is IN Mr. Hyde's desk the Con-
troller may suggest that the desk be
opened, so that immediate steps may be
taken To secure the city from loss be-
cause Of the suspension of the Carnegie
Trust Company.
I'm affidavit from Controller Prender-
CASTS confidential stenoGrspher relating
the facts in connection with the delivery
Of the guarantee from the Controller s
Office into he hands of Mr. Hyde, as
City Chamberlain will be presented TO
the Banking Commission, if the Mayor
sccedes TO the Controllers demand for
an immediate meeting this morning.
The duty of the Banking Commission,
theoretically, is to designate the deposit
tories for city money, but 1t has been the
practical custom to leave that work
largely TO the City Chamberlain.
II feel a personal responsibility in
the matter" said Controller Prendergast
yesterday. "and in the future, as a mem
Der Of that commission. | intend to see
10 IL that ! have a hand in designating
the depositorles'
Another protest will probably be made
BY the Merchants Association of New
York, the body which through its presi-
dent Henry +. Towne. took such an
active part in settling the recent express
drivers strike.
Mr.. Towne said last night that the
Merchants Association was not ready
vet To comment upon the situation which
had arisen because Of the prolonged abb
sence of 50 high an official as the City
Chamberlain, but that il the vacation
was continued It would quite probably
make = formal protest to the proper
official
Meanwhile an ever increasing flock OF
rumors placed the missing Mr.. Hyde at
a score of places, scattered all the way
from the Waldorf here to the sunny
coast of Florida.
At the first named place there was no
sign Of the City Chamberlain, and IT
was given out that the hotel had re-
ceiyed no order for reservation for
him. by wire or otherwise.
Mr. Hyda's country home. at Roslyn,
Long Island was equally barren Of def
mite news Of his whereabouts, and those
at Mayor Gaynors home in Brooklyn,
which was another rumored location of
! the missing CITY Chamberlain. were non
communicative on the subject.