The daily Gate City. [volume] (Keokuk, Iowa) 1855-1916, 1914-02-10
BROTHERS
ARE UNITED
Editor Calls on Banker in Jail
and Offers Everything
to Help Clear up the
Shortage.


MEMPHIS, Tenn, Feb. 10.-After
an estrangement of years, G. Hunter
Raine, president of the defunct Mer
camille bank, whose shortage now is
believed to be more than $1,500,000,
and his brother, Gilbert ID. Raina
owner of the News-Scimeter, are to-
day reconciled Gilbert Raine called
on his brother last night after the
latter had been alone in his cell for
hours.
The meeting between Gilbert Raine
and his brother was affecting. The
former was ushered into the corridor
of the Jail and the brother was told
simply that visitor was there to see
him. AS he came from his cell,
Hunter Raine saw his brother and
stopped. Then Gilbert stepped for
ward, smiling, with outstretched hane
which his brother grasped eagerly
Tears were in the eyes of each. After
the preliminary greeting the brothers
retired to corner of the corridor and
conversed in tones so low that nobody
but themselves knows what passed
them.
Hunter Raine slept last night on a
hard cot in one OF the Jail anterooms.
, This morning he appeared haggard
and restless.
The editor is said to have offered
Hunter Raine all his property to help
maks good the bankers shortage.
The brothers became estranged as
the result of publication by morn,
ing newspaper of the statement GIL
bert Raine was till tapping thief
Hunter Raine was director in the
morning paper and feature of the
brothers quarrel was the fact that
Hunter Raines' stock in the morning
] paper should be given him by Gilber
Raine several years before when Gil
4 bert was connected with the mornini
( paper. Gilbert Raine later became ed
Sator o9 the lyeass SsseiiAetef, an aftss
! moon publication.
The editor sued the morning pape
! for libel and got verdict of on
cent damages. Since that time th'
brothers had not spoken to each othe
Until the reconciliation.
Aver at first refusing to institut,
proceedings against other officials a
the Mercantile bank. than Hunte
Raine, the defaulting president, Attor
ney General Estes. OF Shelby count.
at noon today prepared to bring
charges against Cashier Claude E
Anderson. He will be charged We
accepting deposits when he knew th
. Mercantile was insolvent.
Scores Of persons urged Estes tx
issue warrants against all bank off
cials and directors. At first he de
, clined to do so declaring that "Raine
and his friends could get together AM
fix it 80 that convictions would be i'm
. possible" Later he changed hi
mind and prepared to have the gran,
jury summon Anderson.
The accused President Raine will
be taken before the grand jury prot
! ably this afternoon and is expected t
repeat his confession that he los
more than million dollars of tn
funds of the Mercantile, gambling i
cotton futures. His Immediate il
dictment is expected. Estes still de
clines to prosecute any one connecte
with the bank except Raine and All
:. derson. Raine is detained in a vel
. furnished room at the jail. His friend
: have supplied him with all possibl
: comforts He spends his time pla.
ing solitaire. He has not indicate
Z SO far that he has changed his min
J, about not wanting bond His friend
= are ready to furnish $4,000 securit
! at once should the defaulter tire {
:. the prison.
: The audit by the state superinten'
ent of banks of the Mercantile book
y may be completed by tonight. Unit
= then the banks exact loss will not t
= known.
. That Hunter Raine, wrecker OF th
:. Mercantile bank, does not desire