Evening star., 1915-05-17
Attorney Hogan for Bank
Obtains Leave to File
Four Affidavits in Case

On the convenine of court this morn
fns Attorney Frank ]. Hogan of coun-
Sc! for the Riggs Bank asked perms-
sion to file four affidavits, three of
which were needed to complete he
claimed. omissions in the answer of
The defendants and the fourth for the
purpose of doing simple justice" to
Miss Lotta NJ. Taylor. an employe of the
National City Bank of New York, who
has desk in the Office of the controller
Of the currency.
Miss Taylor makes affidavit that a
statement contained in an affidayit of
James Trimble, a national bank ex-
sminer. that she was expelled from the
Treasury building is untrue. Charles
C. Glover. president of the Riggs Ma
0onal Bank. explains the routine of the
Treasury Department as to the payment
OF interest on bonds held on deposits to
secure currency aad shows that the
checks in payment of such interest are
drawn by the Secretary OF the Treasury
and not by the treasurer of the United
states.
Gives Details of Certain Checks.
Joshua Evans, jr.. assistant cashier
of-th bank. goes into detail concern
ing the checks prepared in the office of
the Secretary of the Treasury in his
two afrdavits. He shows that the check
FOR $4,000 due the Riggs Bank and re-
tanned by Treasury officials for the
payment of an attempted fine assessed
against the bank rs signed by w 4;
NcAdoo. Secretary OF the Treasury
countersigned by e. H. Schooneman an
employe of the Office of the Secretary
and by William 3 Bougnton chief of
the division of loans and currency.
a nich is division, of the Office OF the
Secretary,
In another affidavit Sir Evans re-
views the schedules filed with Mr.. VIII
iiams answer LAST Saturday. and sub
rnIts data which he asserts show in
some instances the misleading and in
ether Instances the false character of
the exhibits" Mr.. Evans points out ornis-
sions in figures and furnishes the fig
ures in places left vacant in the ex-
hioits referred to.
Joshua Evans Statement.
Mr.. Evans says The statement
Contained in part Of the said
defendants exhibit u TO the effect
that the plaintiff bank was short
in its reserve with the federal reserve
bank December SI. 1914. s1s.431. and
March 4, 1915. sl5,oa2, does not accord
with the facts. which are that De-
cember 81. 1914. the plaintiff bank was
required to have In its vaults lawful
money reserve amounting to s447.ss7,
and on said date actually held in it's
vaults 3s13.302. on that date plaintiff
bank was required to have on reserve
with the federal reserve bank so23,-
as3, whereas on said date il had on
deposit with said federal reserve bank
f222.1Ss. a deficiency OF only sIs15 and
not OF sls.s3'. as stated by the de-
fendant. Williams. March 4. 1915 plain
Tin bank was required to have al law
ful money reserve in it's ult s4s5.471,
and on that date IL, in fact had in it's
vault. in lawful money reserve. $1,301,-
5000. On said date IL was required to
have wit hthe federal reserve bank
f.+2,s35. and on tba. date II had with
the federal reserve bank $243,306, so
that on said date IL had an excess in the
legal reserve required both in its vault
have with the federal reserve bank
IT'S total excess over the amount re-
auired by law being ss11.09o, whereas
the defendant Williams conveys bv
part ! of his schedule p. the false
inference that il short in its re-
ouired reserve on said date. II will
he noted that the excess In the reserve
~ held that date amounted TO more
than the lawful reserve required of it.
Tells of Protected Reserve.
The plaintiff bank does large bust
ness with southern correspondents. who
at times require. TO meet their demands
the shipment of currency. and hence the
reserves in it's vault will al times fall
below 12iz per cent OF its total cash
As IL carries large part OF it's lawful
reserve on deposit IN New York IL is
always possible. however. by telegraph
I" order supply To replenish any tenn
porary deficiency, and seldom does the
deficiency exist for more than day or
two
~ part OF the defendant williams
exhibit y II should be stated that for
fhe thirty days ending January
~. 1910 CAS- TO which period the
defendant falls to snow any entry Of
the average reserve cash in tho vault
of the plaintiff bank. but shows an