The Lancaster news. [volume] (Lancaster, S.C.) 1905-current, 1915-04-13
Alleged by Riggs National Bank
to Have Combined to Wreck
Institution.
COMPTROLLER MAKES
COUNTER ATTACK
fresidents Son-in-Law Said to
Have Cursed Vice President
of Depository.

Washington, April Secretary
OF the Treasury McAdoo and Conn
trolier of the Currency Williams
were made defendants today in nro-
ceedings begun in the District of Co
lumbla supreme court by the Riggs
National Bank of Washington. ID. c.
which alleges that these officials
nave combined and conspired to
wreck the bank.
temporary and permanent in
functions to halt the alleged CON
splracy and to prevent the Comm
troller from making what the bank
| charges are unlawful demands for
special reports of various kinds are
sought from the court.
One portion CT the prayer seeks
to restrain John Burke, treasurer of
the United States, from payment in
to the treasury Of $4,000 declared
to be due the bank, as interest ON
Sl,OOO,OOO of United States bonds
posted with the Comptroller
against it's note circulation This
interest was withheld to cover pen-
alties of 500 a day for the banks
failure to make certain reports.
once paid into the treasury,-enly
an act Of Congress could get the 81
600 out, and Justice Mccoy late to-
day granted temporary injunction
on this phase of the case.
Tho inctino cot
for answer by the defendants ~
show cause why permanent iniunc-
tions should not issue.
Specific Charges.
The banks bill of complaint con
tains 81 specific allegations design
ed to show that the Comptroller has
adopted unusual and legally ques.
iiohable tactics in dealing with the
institution. 1t recites that evidence
of an unusual desire for information
concerning the bank was shown bv
Mr.. Williams shortly after he assum
ed the office of Comptroller more
than year ago and has continued
ever since. Prior to that time. in
December, 1913, it says, Mr.. McAdoo
charged officers of the bank of re
sponsibility for publication regard
ing the official conduct of the defen
dant Williams as { ssistant secretary
of the treasury. 'en this charge
was denied. the biz sserts, Secre-
tary MeAdoo cursed on E. Allies,
a vice president of the L and sail
to {. c, Glover, its pm
"Mr. Glover, you knb this
means to the Riggs Nath INK.
Meaning Thcrcts<Hs<>A.
Meaning thereby" the dis.
that from that time on the powc,
OF the treasury department would be
agrressively used for the ruination
and destruction of the plaintiff bank
in order to satisfy the personal
malice and ill-will of defendants.
Williams and McAdoo and shortly
Afterwards the said defendants VIII
liams and McAdoo began a series OF
prosecutions against the plaintiff
bank for the purpose of impairing
or destroying it's said business,
thereby prostituting their high pub
lie office and violating their oaths in
order to vent their personal vindi-
cations against the officers of the
plaintiff bank"
few months later the bill sets
forth, the plaintiff bank wos notified
by c. s. Hamlin, now governor Of
the Feredal Reserve Board, but then
assistant secretary of the treasury
in that McAdoo proposed to exclude
the Riggs from a share OF deposits
to cover the District of Columbia tax
Withdrawals, which deposits by Gus
tom are divided among the national
banks of the District.
Declined to Explain.
Mr.. McAdoo later wrote to Mr.. |
Glover. the complainant states, de- !
clining to explain why such action |
should be taken and announcing at !
the same time his intention of with +
drawing all government funds from
that bank. subsequently, it is al