The true Democrat. [volume] (Bayou Sara [La.]) 1892-1928, 1915-01-16
PITAL CITY BANK CASE.

,ss, and with its details most of
eaders have already .familiarized
elves through the daily papers.
hree. bankers, VIM. McCausIand,
G. Smith, and A. A. Wren, were
ned for certain violations Of the
ng law and pleaded guilty. Judge
vt, considering that there was no
ace of embezzlement or intent to
i'd and that the solvency of the
al City Bank was in no wise in
d, pronounced the violations a
'meanor and fined each of them
thousand dollars. AS they have
ed guilty, it is useless to touch
that point, but concerning at
one of the drafts, cited by Mr..
g, as listed in the banks assets
ever sent forward for collection,
comes the testimony of R. H. Nc
of Hanson, who states that on
int of his absence from home, the
on his firm was not paid and
astray, getting into the posses
of a Shreveport bank, before it
finally paid. Probably similar
ry attaches to other paper, The
s officers however were doubtless
Y of some technical violations,
thought it to the best interests
cir bank to bring the incident to
1eedy a termination as possible,
at the expense of personal hui
ton, and possible misunderstood
ose who know these gentlemen
Inclined to minimize the question
cir guilt, and lay the affair at the
of political persecution and pri-
revenge. For viewed at almost
angle, thus Mr.. Young's conduct
ars. 1t is true that the findings he
against the bank officials were
rted over a week previous to Gov.
s appointment Of his successor,
he has pursued the Capital City
( with unremitting scrutiny, not
full or friendly but hostile. judging
the rumors coming from his de-
ment. This has been not for
KS only but for several years,
ing a shrewd observer of men and
.ers to say frequently that "the
ltal City Bank is the safest bank
be State, so long as Mr.. Young is
miner" These are matters of fact
Mr.. Young been as vigilant in
II cases, he could have aVerted
e of the most distressing bank
Tres in the history of the State. In
IT Feliciana, for instance. Mr.. Young
med he had no way of judging Of
value of the notes in a banks port
}, but in this most recent instance
las shown an ability to trace uncol
ed drafts and notes all over the
te. Such detective ability should
Re him valuable to France or Ger
~ in the present war, should hi
r lose his strangle-hold on the jol
bank examiner.
living additional color to the charge
t Mr.. Young was actuated more b!
spirit of revenge than regard fol
public welfare, it has been stated
not contradicted that he reported
violations of banking law to thu
orney-General, but only the case a
Capital City Bank has been heart
Where and who are the ninet.
nine? Can this be explained? HI
} spoke in 1914 of habitual viola
rs of the banking law. Why did h
then prosecute these cases?
n this connection, Attorney-Genera
asant does not shine to any advan
e, for in replying to Gov. Hail.
! Judge Brunot's criticisms that thu
,e against the bankers might easil,
ye been delayed until the Grand Jur,
t this week, thereby not putting thu
pital City Bank in jeopardy, MI
easant quotes the law which in
uCts the district-attorney to brint
t in such cases as the one unde
lsideration. But the law does no
! it shall be done instanter, and i
5 be its occult meaning not per
btible to the lay mind, then why ha'
not given the order to proceed
Ainst the other ninety-nine? Sucl
hsiderations as the time of cour
ms, the danger to the banks, being
barently beyond the question in thu
pital City case why should it be il
sse others?
rhe Capital City Bank is probabl!
longer now than when first attacked
has won sympathy and support be
use of the enemies it has made, Of
seen, most unjustly and vicariousl!
have.
The city bakers are cutting doWl
- oR kI,o lonf of broad Som hal