Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1915-04-13

trv nosntNa ,ouaakL arueiAL LsAaup wiEal
Washington April ~. = Secretary
McAdoo, OF the treasury, aud Con-
troller OF the Currency John Skel-
ton Williams were made defendants
today In proceedings begun IN the
District OF Columbia supreme court
by the Riggs National bank OF wash
ington. -. c.. which alleges that these
officials have combined ana con-
spired Co wreck that Institution.
Temporary and permanent intunc-
tions 60 halt the alleged conspiracy
ana to prevent the controller from
making what tho bank charges are
| unlawful demands for special reports
/ of various kinds are sought from the
court
/ Would Restrain Treasurer
one portion of the prayer seeks to
I restrain John Burke, treasurer OF the
| United states, from payment into the
I treasury of $1,000. declared TO be due
to the bank as interest on Si,O00,000
of United states bonds deposited with
the controller against ils note cifcu-
lation. This interest was withheld to
cover penalties Of 500 a day for fall
ure of the bank to make certain re-
ports. once paid into the treasury,
! only an act OF congress could get the
! $1,000 out, and Justice Mccoy late to-
day granted a temporary Injunction
on this phase of the case.
The justice then set April 10 as the
day for answer BY the defendants to
show cause why permanent injunc-
tions should not be issued,
Sensational Allegations.
The banks bin Of complaint covers
oighty-six typewritten pages md con
tains thirty-seVen specific allegations
designed to show that the controller
has adopted unusual and legally qucs-
tionable tactics In dealing with the In
stitution. 1t reoites that evidence of
an unusual desire for Information
concerning the bank was shown by
Mr.. Williams shortly after he as
sumed the office OF controller, moro
than a year ago. ana has continued
over since Prior TO that time, In
December, 1913. 1t says Mr. McAdoo
charged officers of the bunk with re-
sponsibility for publications concern
ing local financial deal Involving
two trust companies. When this
chnrge was denied by the officials,
the bin asserts, Secretary McAdoUl
cursed Milton r. Allies, vice prosi
dent Of the bank, and said 60 G. G.
Glover, It's president;
Campaign of Persecution.
"Mr. Glover, you know what this /
means 70 the Riggs National bank
Meaning thereby" the bill adds
that from that time on the power of
the treasury department would be AK
grcssvely used for the ruination and
destruction of the plaintiff bank In
order 10 satisfy the personal malico
and m viii Of said defendants, VIII
lnms and McAdoo, and shortly after
ward the said defendants, Williams
aud MoAdoo, began a sories Of porse
cutions against tho PLAINTIFF bank for
the purpose Of imparlnE or destroy
ing It's said business, thereby prusii-
tuting their high public offices and
their oaths In order TO vent
their personal vlndctivcncss against
The Officers Of the plaintiff bunk"
tries 10 cause INiitrf.
A few months later the plaintiff
AYERS, the bank wus notified by G. S.
Hamlin, now governor of the federal
reserve board hut then assistant sec
retary Of the treasury In charge Of
The fiscal bureau, that Secretary Me-
Adoo purposed to exclude the Riggs
from o share of deposits Co cover the
District Of Columbia tax with
irawala, which deposits by custom arc
livided among the National banks OF ,,
he district
Mr.. McAdoo Htcr wrote to Mr. Clio
'er. the bill states, declining to exc
plain why suoh action had been taken
md announcing at the same time his
Intention of withdrawing all govern. z
ncnt funds from that bank subae- !
luently, Il Is alleged, government de-
Iosits amounting 60 over $1,000 600,
yero Withdrawn from the bank In !
iuding pnnamn canal dcposits, =
mounting at one time to $11hS,479. u
Hit at critical Moment. Il
These Withdrawals were brought s
bout by Secretary McAdou, Il is o
hargcd AZ time when the Euro q
can war and the business depression Il
h the United states had made banks Il
usband their resources ana in a de- b
berate attempt TO wreck the plain q
Iff bank in the execution of the con- Il
piracy existing between him and the b
Williams for that pur- y
ose Iii
Further complaint Is made that Mr. >,