New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1914-03-17
NO MERCY If SIEGEL
SHOWS BAD FAITH
INSPIRED Statement Says
Mr.. Whitman Is Already
Angry at Tactics.
MUST PAY DEPOSITORS;
THREAT AND SOP IDLE
Prosecutor Will Push Cases to the
Limit Unless Defendants Mani
fest Proper Spirit.

ltSt TIOpSi SCh
II Henry Siegel and his partner
frank F. vogel. wish TO receive any
b leniency in the matter Of the indict-
ments now pending against them they
must show their good faith by doing
something for the 5000 dcpositors who
f; put 100000 in their now wrecked
bank.
II they wish to have every charge
against them pushed by the District Al
.;orney's Office. with that Office demand
.rg the limit on every count on when
t,bey may be found guilty. they will con-
@,i,.ra 70 attempt TO force District At
torney whitman TO let them so scot
free by making It appear that that off,
Ecial IL standing between them and 100
cents on the dollar.
This information came TO The Tribune
yesterday from a source whose RELIABLE
Aty cannot be questioned. Personally
DIR Whitman refuses to discuss Siegers
,.aIk Of fight and the efforts that are
lSe!ng made to force his hand. He may
rex later. He resents very strongly
'whet he considers an effort on the part
of ST gel. Vogel, their lawyers and their
SrienGs TO compel any promise Of immu-
nifty.
Such a promise. Mr.. Whitman be-
lieves, would be nothing short OF com
pounding a felony. and would be an OF
fence on his part that should cause his
removal from Office and his DOMINIC the
convict garb with which hit purposes TO
have the law clothe others.
Mr.. Whitman. II Is learned. believes
that siegel and Vogel and their friends
have been 'hlufflng" in their talk Of Civ
ing $3.50. 900 TO the depositors and going
20 work TO earn money TO meet notes
they promise 20 give for the balance
that are payable in five years, by which
time the statute OF limitations would
tar prosecutions.
Already he feels that in allowing them
ten weeks in which to do something he
has 10; been unduly severe. and as they
are at large there is nothing TO prevent
their doing something now for the de-
positors
Siege had an unpleasant time with one
Of his lawyers yesterday. He was told
not To talk. was advised that his work
was rough" and was ordered to let others
DO whatever might be necessary In the
way of talking and making threats.
\ peculiar development yesterday was
that the offer Of Henry Siegels Mamaro-
neck estate, Driftwood. for sale, adver-
tised on Sunday was not authorized by
Leo a. Price, who owns the II. s. Realty
Company. in whom the title to the prop
erty rests. Charles Field Grlffen, head Of
the firm offering the property for sale.
said he could not disclose the name Of his
principal until after a conference with
him.
Il didn't know the place had been Of
fered for sale until a few minutes ago.
said Mr.. Price. II have been so busy
with other matters" he said to Tribune
reporter last night. The property belongs
to the II. S Realty Company, and own
that company. Nobody but myself can
say what shall be done with it Why
any one should presume 70 offer It for
sale ] do not know"
Whether I shall BID for the Fourteenth
Street Store as an entirety depends upon
the outcome OF conference 1 shall have
with the owners OF the real estate to-
morrow afternoon. The store can be
made profitable II some OF the money It
takes in is used for other purposes than
paying rents out OF ell proportion TO
values"
Mercantile circles heard yesterday that
the United Dry Goods Company. con-
trolled by John Clafl!n. would be bidder
Isor the Simpson Crawford store as It is.
Mr. Clafln declined 20 make any COM
rfnent
An effort TO adjust tho claims Of tho
.depositors in the bank and the mercan-
tile creditors IS being made by John P.
Murray, Of Coudert Brothers. and Joseph
N fairfield. Of White g. Case. counsel
FOR the latter Mr.. fairfield yesterday
suggested to Mr. Murray that the bank
creditors be allowed $4,000 for their
claims against the simpson-Crawford
Company and $1,000 for those against the
Fourteenth Street store. leaving the claim
against the Henry Siegel Company OF
Boston 10 be adjusted through the courts
Mr. Murray insisted that this was not
enough and objected to excluding the
Boston store Mr.. fairfield then sug-
gested 10000 for the claims against all
the stores. This Murray objected 70 as
being too small.
II was finally agreed TO allow the mat
ter TO rest for the present.
The examination OF siegel and vogeI
assigned for this afternoon before United
States Commissioners Alexander Gilchrist
tr.. has been put over 10 Friday pending
negotiations between the various inter