Newark evening star and Newark advertiser. [volume] (Newark, N.J.) 1909-1916, 1913-01-11
GROSSCUP REPLIES
TO HIS OPPONENT
Declares He Has Paid Nearly
Every Cent He
Owes.
SAYS HE STANDS ON RECORD
AS A MAN AND DEMOCRAT
Quotes Prosecutor Who Nolle
Pressed Indictment Against
Him.
Irrom . staa corre.pondent.l

fFr0nf n stan Correspondence
TRENTON. n. J.. Jan. IA state
nnent vas given out by State Chair
man Edward E. Grosscup answering
Comptroller Edwards today. In his
reply Mr.. Grosscup claims he has
1sou,dated almost all of his debts and
declares Edward I. Edwards, his OPP
moment. also has had judgments
against him, one of them obtained
by the bank which engages MS serN-
ices as cashier.
The statement of Mr.. Grosscup fol-
lows
.'Former Senator William d.
Edwards. counsel of the Public SerV-
ice Corporation, who is managing the
campaign of his brother Edward l.
Edwards, for the Office of State treas
tlrer. an Office for which / am can
fiidate. has issued certain public
statements with the evident intention
of rejecting upon my personal and
business integrity.
at has never been my custom TO
inflow such statements to go unan-
swered. and being a candidate for the
Office of State treasurer I deem it my
duty to the public to make frank
statement concerning the charges and
Implications that are being made
against me.
eFormer Senator Edwards has
sought to make il appear that my
connection with the State Mutual
Building and Loan Association, which
failed some years ago, casts a severe
reflection upon my character. The
facts are as follows:
Il was a member of the board of
directors of the building and loan as
sociatIon in question. which failed
owing to imprudent loans and invest
nnents made previous to the time
when | became member of the
board of directors.
Indictment Nol-prOssed.
"only one loan was made during
nv term of office and that was re-
paid in full Together with the other
members of the board of directors I
was indicted, but the indictment was
nol-prossed because the prosecuting
authorities discovered no evidence
upon which prosecution could be
sustained
After the appointment of the re-
ceiyers, one of whom was Mr.. Samuel
X. Robbins, now clerk in chancery,
I was requested to aid in the liquida-
ton of the assets of the company,
md did so. with results which, be-
1ieve, earned for me the confidence
Of the receivers and the creditors.
IT am today in receipt of a letter
from Mr.. Henry S. Scovel, the them
prosecutor of Camden county, in
which he makes the following state
nent:
~ nol-prossed the indictment
. gainst you, and a sense of decency
alone prompts me to say that if there
ss anything I can do in any way to
prevent a wrong being perpetrated
Cor political reasons and for political
effect you need not hesitate to call
on me.
AS to my business difficulties many
years ago, and the fact that certain
judgments were entered against me,
] have this to say
Family Matter.
lowing TO the complication of fam
lily matters, which should have no
place in this discussion, became in
volved many years ago in business
difficulties, which resulted in a num-
Der of judgments being entered
against me. It seems to me needless
to discuss this matter further in de-
tail than to say that l have satisfied
all but a comparatively small amount
of the claims against me, taking the
precaution of liquidating the unse-
cured claims prior TO those secured
by Judgment.
-The claims remaining unsatisf1ed
involve comparatively small sum of