Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1915-04-13

a. -
nos 'naue an 'hoT' 10 'ohpiE win
'hSse oeinahus mas worked lis CLERKS
early ana late 10 do so. but that re-
quests for time have been met with
refusals. and In some instances with
n reminder that failure 10 make renor,s
osto5 h.. 4, on,,,.r,,,or t,,,.o,,..
,on.I,, ~ t,oo .., ,,
~ "'S "
poi' Is "o"Snueu an" ho' rendered
f.Aact nSures as TO penalties the comp
troller may mold the bank has incurred
In this connection, tho bill states is
Il not clear hut II estimates that {. p,ust
he n, least $4,000
f'S ''"bN ''"H Or
THE CONSTITUTION
In making som, Of these demands IN,
bank aIlc.os ina. Mr. Ni,1i,,ns IN.
>io,,..d ~, ,o-., ~, s.., ,,.,,,.,,
., ~ r,.,,,,;
"'''''' - va" "'' -"
"'""i' S'"'S"tS ana seizures an"
forcing any ono I" oo a witness against
himself
In February last. according to the
bill. Mr.. Williams wrote to the bank
asking If it's officers had destroyed any
of its records ON March 80. il further
sets forth, lie demanded a complete his
tory OF loans Of the Riggs bank to its
present officers. and gave notice that for
failure TO comply with a like request,
made on January 90. IL was assessed a
penalty or $5."cO, The next day for
,,,at "s,''nn Tor ,'"amrmt o. 'n.s "me'
x w.. 60 'N"iI'u'. 80
@ 't,.it = " w. 80 ," nH6
- ~ ~
49,, ~. -, nv ~ ~;
t,,,..; - ~, 49,, ., ~,
"''e "".' nv .o'hp'i o''u''
a.e "',''".m, Lo' ~ o.'s 'uil:
W." "i'i iu',! oI"tIth '"e tFeas"'c'
OF .he ,n.tT" H'a'cs 10 "''hho" 'he
P"Hhsu' OF me interest
!" ms connection the NH aheE"s 'hat
Mr' McA"o" mao usurned the power OF
be treasurer.
INC MI asks that Mr.. Williams b"
en1oincd from revolving the inGgS dcs-
ignation as depository for the reserves
OF other national banks' or refusing 10
approve II as such depository. An in
junction to restrain Mr. McAdoo from
usurpinE the powers" or the treasurer
OF the United States. also is asked. The
court also is asked 10 nnd the sections
OF the revised statutes dealing with the
examinations OF banks unconstitutional
and void If they must he construed as
they have been and are being con
strued and enforced" by the defendants
The banks officers tonight gave out
statement outlining NJ length their
Wow OF tho events ,f Am lac. vcar
which 1ed nm 10 tho nrocenfinrs ~ r..
day alonp III, lines nj tho sworn state
men, In tho hill Of co,nnl,int
MA IL fh ~ ~ rs
CHARGED Hh WILLIAMS
Comptroller Williams issued this
statement to- night:
Il have not seen the hill filed by tho
complainants, but have read the cx-
tracts furnished tho prcss
The recent investigation Of the af-
fairs OF the Riggs National Bank dis
80" - ~ Wv, 80 ''' LA W .ui pa".
~ VI. ~ pn. -. ''t '''l %
suhc,eht Importance 10 merit 'heir
Y,
anu Ina uePar tn'cr' e"s"Se" ny ser
Nices VI i.ou's - p'"hut'S, oi h"S.oh'
~, mnn ~ as spen'"' .oumS'' IN
,t,t,'s 90 s', 49, 49, oto s'.' 49, Wy
"....uu. W s"ose o.n.eis 70 al.n'hn' y!
49, "a ., ,i..eu an" u"', w nt"'''nr"'S "
= Ia a'u 'i'' na"N III P",
,ha d,oiis,ra,';n '"'"' -
-. - ~. - -, -,
= ~ ,he .'h''.St VI ,''a nc
\ tha otfai-s nt go, n1 puui'T ~ esS
= snc,.t;on h,,, si,.o 80 "a, 80 a. -. -, q"
: tion MA INA tho ,n,,or;, - ,h,,,;t
: .,ott nh, Hau we 'cIier''H 70 Supih,t
pren,rc ni' to snow e ,ns once Is
: Z - ~ ,,w, -. ~. ~" ". .',.l
q which r,,lIv worron,ed ma ,ct;o, ,a,io
Il Inv tbis one. TIC b,rl, 10 .oIrnn, ~
- Interests OF the ,lcnosjtors h,Vn hann
sufoulardcd nv the octjoDs oF tba
:: .nmntrolIcrs otnco IN, - no ,,n,,nns
and practices complained OF hnd been
Permitted to continue the results would
have been serious The evid.nc. viii
;tbuudantIy show that il mas been ne
Sessary for this Office TO seek TO tcrmi-
rate the rcprehcnsible practices OF the
p'hcers in question and their misuse of
the powers delegated 10 them hy the
directors
UNWILLING no DISCLOSE
NATURE or TRANSACTIONS
"-rha r.,aItv i,,nn..a ,o ,u
make rrnor,. MA nn,I,c,,o, "r''' ~
nen,Ity no. scnl, 20 49,, 49,,
grows on, az ,hnir n,,,r;Iii,,'1' w.
disclose the true noturc Of ,hn ,,o,s
actions engaged In
"rhe whole purposc of tIa dcr,rt
Ineut has been to require the bnut tn
give up unlawful ana dangerous prac.
tlccs and methods which had h..u in
Sogue for years past. and which had
threatened alike the welfare ana Sc
Gurity OF both sfarehd'ders and d.posl-
tors and 10 reGu!fc Tie bank to con
!orm 70 the plain requirements of the