The Mena weekly star., 1913-10-02
SULzER BORROWED
 MANY THOUSANDS
Brokers Loaned Great Sums to Governor to Finance Gambling Deals-TOtal Amount S1S0,333
 According to Book Records.

Albany, \. Y., Sept. 3O.-At the opening of the morning session of Governor Sulzer's trial today, Mel vile B. Fuller, of the brokerage firm of Harris & Fuller, was recalled. He opened the firms ledger at the page bearing the account of William Sul- ger. The account was opened on March IS, 1910. The first entry was the sale of 100 shares of Big Four. Another sale of 100 shares followed on May r. Then the ac- count was closed.
 The account was reOpened again on June 2, 1910, according to Full Ter, when the firm bought 100 shares of Big Four at 80 and 100 shares at S2, on which the firm loaned MT. Sulzer," as the witness expressed it, $6,0O0.
 On July :, 1910, Big Four had dropped to 72, wiping out the gov ernOr's margin. The firm then called on Mr. Sulzer to make de- posit. Their letter to Sulzer on July 6 said:
 Your account has been in bad shape for the past week, and you have not responded to our requests for margin.
 At the closing prices today your account was short Si,000 of the re- quired amount, and we beg to re- quest you to make a deposit of this amount tomorrow"
 Owed Firm $5O,O6O.
 Attorney Kresel then followed the fluctuating course of the governors stock deals with the firm. The ac- count showed that Big Four kept going down, and in order to keep his margin good Mr. Sulzer kept de- posits against it, not cash, but more stocks. On October 3l, 1912, the market dropped: interest had eaten into the margin, so that Sulzer owed the firm S5O,6i2.
 Meantime Harris and Fuller had been calling for more margin. Fin ally Mr. Sulzer paid Sl0,000 in cash. This was on November IS, 1912. Then Sulzer bought foo more shares of Big Four at 5.
 The market kept going down and Sulzer paid S6,OOO more cash mar gin December l6.
 IL appeared on the books that Harris and Fuller credited the gov ernor on December 30 with a loan of Si0,26l.
 What was the purpose of this loan?" asked Kresel.
 'It was to keep these securities in our possession" replied Fuller, "and to keep them from going about the street as collateral. My partner thought it was not wise to have se- curities going around the street in William SulZer's name"
 Fuller said it was merely a book keeping transaction and was re- corded in the books as loaned w. S." under date of December 30
 Was the entry made on that date?" asked Kresel.
 Fuller explained that it was his bOokkeeper's handwriting and that he did not know.
 Loaned SlSO,OOO to Sulzer.
 The managers believe" said Kre- sel, that this entry was not made on the date upon which it purports to have been made, and that the writing shows that fact on it's face"
 Kresel then handed the book and asked him to total up the amount loaned by the firm to the governor up to December 30, 1912.
 Don't your books include the Si0,00O of December 30 in the total of what you say you loaned the governor?"
 Yes, the total, including that, was SiS0,3S3."
 The total and debit and credit transactions on that date accord ing to the books, amounted to S5S5, ,97S.
 Letters dated in June calling upon the governor to settle up his account, one calling for a deposit of sl5,000, were read into the record by the witness.
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