New Britain herald., 1915-04-14

prominent part in negotiations which preceded the dissolution suit under the antitrust act against the New Ha- ven" railroad had been retained in this case.
 Several Conferences Held.
 MT. Brandeis and MT. Atkins were Ill conference yesterday with MT. Will Hams and later with the attorney gen. eral Later yesterday the attorney gen eral had another talk with MT. Bran deis and with United States District Attorney Laskey.
 Officials declined to say wh hether the government at this time contemplated any affirmative proceedings in addi tion to the defense of MT. McAdoo and MT. Williams, in the injunction case. It was denied, however, that the bureau of investigation of the depart ment of justice had undertaken any investigation of affairs of the Riggs bank.
 May Go To Supreme Court.
 That the present case may go to the supreme court semed entirely probable, for both sides apparently are preparing to fight to the end.
 The bank last night gave out long statement reviewing charges made by MT. Williams Monday. The bank called attention to the announces ment made by MT. Williams that in vestigation of the bank had dis closed irregularities and that the de partment of justice had engaged the services of Louis D. Brandeis some weeks ago, as special counsel in the case. The statement reCited that at noon Monday Attorney Gen. Greg ory stated that MT. Brandeis had not been engaged by the department of justice and that the statement that he had been retained was incorrect at the time it was made.
 Mir. Gregory's Statement.
 Mir Gregorys own statement in regard to the employment of MT, Brandeis, given out before that of the bank, follows:
 "The department of justice has em- ployed MT. Brandeis as special coun- se to assist in the defense of the in junction proceedings brought by the Riggs National bank. Up to the filing of the suit on yesterday, the department of justice had not had be- fore it for official consideration the controversies between the treasury department and the Riggs National bank, but knew in a general way that these existed and might result in some character of litigation. The depart ment of justice and the treasury de partment are in accord and heartily cooperating in this suit"
 Bank Answers Williams.
 The bank it's statements answers Mr. Williams charge, made in let ters to the bank, that 1t loaned large sums to women for speculative pur- poses, by saying that Washington has probably more women than any city of it's size in the world, who have fortunes and adds that it's losses through loans to such clients have been negligible.
 The bank also declares that Will Hams has no foundation for the al- legation made in the letters that it has tempted young men and women to ruin through speculation.
 Never Advised Speculation.
 '"The fact is," says the statement, ''that the officers of this bank havo never advised or encouraged any per son, man or woman, young or old, to speculate in stocks or buy stocks for investment and the Comptroller's in situation to the contrary is a gross perversion of the truth, of which no officer of the government ought to be guilty, with respect to any mat ter and especially the comptroller of the currency be guilty of it for the purpose of iniuring bank in the public estimation.'
 The statement points out that of- ficers of the bank who held seats on the Washington Stock Exchange voluntarily gave them up in 1914 be- cause they believed the federal re- serve act might forbid an officer of a bank acting as a broker on a stock exchange.