New Britain herald., 1915-04-13
A[[ECE CONSPIRACY IU
 WRECK RIGGS BANK
Sec. MCAdeo and Comptroller W1-
 |ianS Attacked ia Suit.

SLolton Williams were made de- fendants yesterday in proceedings be- gun in the District of Columbia su- prcme court by the Riggs National bank, of Washington, D. C., which all ieses that these officials have com bined and conSpired to wreck that in stitution.
 Temporary and permanent lnJunc- tions to halt the alleged conspiracy and to prevent the comptroller from making what the bank charges are unlawful demands for special reports of various kinds, are sought from the court.
 One portion of the petition seeks to restrain John Burke, treasurer of the United States. from payment into tho treasury Of $5.00O, declared to be due the banI: as interest on $1 100000 of United States bonds deposited with the comptroller against its note cir culation. This interest was withheld 10 cover penalties of s100 a day for failure ot e.e bank to make certain reportS. Once paid into tho treasury, only an aot of congress could get tho S6,000 out and Justice Mccoy late to- day granted a temporary injunction on this phase of the case.
 The justice then set April 16 as the day for answer by the defendants to show cause why permanent injGnc- tions should not be issued.
 Thirty-seven Allegations.
 The banks bill of complaint covers S6 typewriter pages and contains 37 specific allegations, designed to show that the comptroller has adopted un- usual and legally questionable tac- tics in dealing with the institution. It recites that evidence of an unusual desire for information. concerning the bank was shown by MT. Williams shortly after he assumed the office of comptroller more than a year ago, and has continued ever since. Prior to that time, in December, 1913, it says MT. McAdoo charged officers of the bank with responsibility for pub lications regarding the ocial conduct of the defendant Williams as assist ant secretary of the treasury. When this charge was denied by the off, cials, the bill asserts, Secretary Nc Adoo cursed Milton Allies, a vice president of the bank and said to G. C. Glover, it's president:
 Series of Prosecutions.
 MI. Glover, you know what this me. ns to the Riggs National bank
 
 from that time on the power of the treasury department would be ag- gressively used for the ruination and destruction of the plaintiff bank in order to satisfy the personal malice and ill-will of said defendants, Will Hams and McAdoo, and shortly after ward the said defendants, Williams and McAdoo, began a series of perse- cutions against the plaintiff bank for the purpose of impairing or destroy ing it's said business, thereby prosti- tuting their high public office and violating their oaths in order to vent their personal vindictiveness against the officers of the plaintiff banks"
 A few months later, the plaintiff ayers, the bank was notified by c. s. Hamlin, now governor of the federal reserve board, but then assistant sec retary of the treasury in charge of the fiscal bureau, that Secretary Me Adoo purposed to exclude the Riggs bank from a share of deposits to Withdrawals, which deposits by cus- tom are divided among the national banks of the distirct.
 jsutheinwhcs ?.Ct To gu
 IT. S. Deposits Withdrawn.
 I. I. Glover, the affidavit states, declining to explain why such action should be taken and announcing at the same time his intention of withdrawing all government funds from that bank. Subsequently, it is alleged, govern ment deposits amounting to over $1,- 100000 were withdrawn from the bank, including Panama Canal de-
 
 15S,479.
 These withdrawals were brought about by Secretary McAdoo, it is charged, at a time when the European war and the business depression in the United States had made banks husband their resources and 'in a deliberate attempt to wreck the plain tiff bank, in the execution of the con- spiracy existing between him and the defendant, Williams, for that pur- pose"
 Had Funds Removed.
 Further affidavit is made, that MT. Williams, as treasurer of the Red Cross society. had the funds which it kept on deposit with the Riggs bank removed to other institutions. For almost a year, the bill ayers, the comptroller has bombarded the Riggs National bank with demand for special reports of many sorts, eX- ceeding the inquisitorial and visita- torial powers vested in him. The bank declares that it has made an effort to comply with these demands, has worked it's clerks early and late to do so, but that requests for a little time have been met with refusals and i in some instances with a reminder that 1 failure to make reports asked by comptroller involve a penalty of $100 for each day after a report is