New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1914-09-07
HENNESSY HINTS AT
BANK STEAL PLOT
Challenges Glynn to Tell
Details of Alleged Deal
in Brooklyn.
DIRECT ACCUSATIONS
PROMISED PRESENTLY
Candidate Refuses to Specify
Graft Charges, but Threatens
Expose Before Primaries.

John A. Hennessy answered Gov
ernor Glynn's demand for proof OF the
assertions in his Cooper Union speech
last night by holding up Matthew T..
HorRan, head OF the Liquidation Blu
reau Of the State Banking Depart
ment, as an example Of the Govern
or's friends. Mr.. Hennessy also made
some yelled charges as TO the reason
efforts were made to put Horgan IN
charge Of the liquidation OF the Union
Bank, in Brooklyn.
Mr. Hennessy refused to specify any
direct graft accusations, saying that
that case now before a certain grand
Jury will soon furnish an answer.
He also says he intends to make grave
charges against the Governor, his as
sociates and persons not known now
to be allied with you" before the prl-
maries.
Mr.. Hennessy says:
81 shall answer by taking the Bank
ing Department of the State. II is not
proper to uncover all, because grand
jury or grand juries and consequent
petit juries may do that. -,
"But to begin: You took a political
lawyer, Eugene Lamb Richards, with a
variegated past, and by direction Of
Charles F. Murphy put him in control
Of the State Banking Department,
which at that time involved the custody
and MANAGEMENT of funds and real
estate of nearly a dozen wrecked banks
in the City Of New York, involving
about $4,000 depositors of the thrifty
but poorer class. They had been robbed
by a lot of crooks; some of these crooks
as yet undiscovered to the general pub
lie, but still standing high in the
veneered morality Of the circle in
which you move. These depositors
we're ruined through the partnership Of
men in the New York State Banking
Department and lawyers of criminal
tendencies, associated with men who
know that crooked finance is less
dangerous than a jimmy and other
tools in a burglars outfit.
"You were not responsible for the
bank failures you took over or for any
negligent banking department before
you seized Office by voice and vote Of
Mr.. Murphy. But you are responsible
for your own acts, and you must de-
fend your own Banking Department.
Your first care would be to protect de
positors, not only those already robbed,
but those who might be-"
Mr.. Hennessy gives Horgan's COM
plete record, and then he continues:
81 refrain Just now from showing
how Bank Superintendent Richards and
Matt Horgan attempted recently to
get complete control of the already
wrecked Union Bank of Brooklyn and
its records. That story is for another
day. -,
"But may ask you. Mr.. Glynn, II
there is anything in the Union Bank
records that you care TO conceal as
affecting yourself when Controller of
the State? Was the frustrated attempt
of Morgan TO seize all the records,
through a Staten Island nondescript
appointed by Eugene Lamb Richards.
merely an innocent performance OF
duty? Was there anything there in
volying a former judge of the Appel
late Court, and a man now holding
high office in NeuSSYork? If so, was
Matthew Horgan a proper custodian
of those records?
"Now we come to the second state
ment: 4 challenge Mr. Hennessy to
make one specific charge Of graft un-
der my administration
"Tf YOU are unfortunate enough to
be nominated you will not have to
wait until Election Day for the an
swer to this. A particular case is now
before a grand jury. | am confident 1t
is strong enough for indictments, which
will answer your question. 1t will re-
veal one incident of your administra-
ton which will be only a small side
light on some others. Your third ques-
tion is answered by what have said
of the first two.
Permit me to say that, in addition
to the accusations | made in Cooper
Union, shall make more and prove
them all"