The Bemidji daily pioneer. [volume] (Bemidji, Minn.) 1904-1971, 1913-10-01

Albany, N. Y, Oct. 1.-The end of
testimony Of witnesses for the board
OF managers in the Impeachment
trial Of Governor Sulzer is in sight.
Another day and the last of the wit
nesses will have been heard, the
managers attorneys said. 49,"
Despite the prosecutions statement
that no testimony on new features is
likely counsel for the board may be
able to spring surprise at the last
minute. 1t Is known that detectives
have been working on new angle of
the case, but have not obtained the
evidence they want. If they fail more
testimony ON the money charges will
wind up the direct evidence.
Accusations on which no. testimony
has been offered were included in ar
ticles 4, and 8. The first of these
accuses the governor of "practicing
deceit, fraud and using threats and
menaces" and being guilty of misde-
meanors" in concealing papers and
documents wanted by the Frawley in
vestigating committee. =.
Article accuses him of dissuading
Frederick l.. Colwell, his - alleged
Z Wall street dummy, from testify
ing. Article 8 alleges that the gov.
ernor used his office and influence
eorruptly to affect the current prices
of securities in which he was or had
boon Interested.
Broker Takes Stand.
At the opening of the morning ses.
sion Melville 3. Fuller Of the broker
age firm of Harris. & Fuller was
recalled to the stand. He opened
the firms ledger at the page bearing
the account of William Sulzer. The
account was opened, he said, on
March IS, 1910. The first entry was
the sale of 100 shares of Big Four.
Another sale of 100 shares followed
on May II. Then the account was
closed.
The account was reopened again
on June 81, 1910, according to Fuller,
VIXEN the firm bought 100 shares of
Big Four, at 80 and 100 shares at 81,
on which the firm loaned Mr.. Sui.
GER" as the witness expressed It,
$4,000.
On July 7, 1910, Big Four had drop
ped to II, wiping out the governors
margin. The firm then called on
Mr.. Sulzer to make deposit.
Attorney Kresel then followed the
fuctuating course of the governors
stock deals with the firm. The &C
count showed that Big Four kept 60
ing down and in order to keep his
margin good Mr. Sulzer kept desposit
ing against it, not cash, but more
stocks. On Oct. 81, 1912, the market
value of these securities had dropped
to $4,000; interest had eaten into
the margin so that Sulzer owed thu
arm $50,612. a.. e..
Calling for More Margin.
Meantime Harris & Fuller haG
been calling for more margin. Final
ly Mr.. Sulzer paid $4,000 in cash
This was on Nov. 10, 1912.
Having replenished his account
with the $4,000 cash Mr.. Sulzel
bought 100 shares more Of Big Fou,
at 81. The market kept going dow1
and sulzer paid $4,000 more cas1
margins on Decf 16.
Then it appeared on the books Har
ris & Fuller credited the governor OF
Dec. 80, with loan of S40,261.
What was the purpose of this
loan?" asked Kresel.
1T was to keep those securities IL
our possession" replied Fuller, "ant
to keep them from going about thu
street as collateral. My partne
thought it was wise not to nave secu
rites going around the street IL
William Suffers name"
Kresel then handed the book to thu
witness and asked him to total the
amount loaned by the firm to thu
governor up to Dec. 80, 1912.
Don't your book include the $40,
900 OF Dec. 80 in the total of wha
you say you loaned the governor"
Eyes, the total including that was
$1s0,383."
The total debit and credit transac
tons on that date, according to tn,
books, amounted to s5S5979.