New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1915-05-19
Warns Bank Strong Proof
Is Necessary to EStab-
lish Crime.
DEFENDANTS MAY
THEMSELVES TESTIFY
Brandeis Argues foT the Dis
missal Of Injunction
Proceedings.

counsel Of the Ricga NatIo.a. Bank
that She trougcst sort Of p.oo. "on.'
be necessary TO establish conspiracy u.
Secretary Of the Treasury NcAdoo an"
Controllcr William 70 injurc she oa""'
Justice Mccoy. DOB the injunction sun
,. the bank aeains tine Treasury OH
c,.ls. declared to-day chat so ar I'D VEG
case he hac seer no sign OF con
spiracy.
"t will be necessary TO have very
..ronq proof o. such q heinous CRIME
said Justice Mccoy. a ! understand
Il. the first duty OF Il bank is 90 .i'
dcDositors. so that ia asking ne 20
bclieye that Secretary Of the Treasury
JcAdoo and Controller Of ine Iii
rcncy Williams cOnspircd 10 IhJute tll'
hank YOU are asking me 10 believe lh"'
they conSplrcd 70 rum lhe "'Poa''''
Of III, Riggs National Bank.
Frank :. hogan. attorney 10Y 'nc
borl. assured Justice Mccoy 'haI a.
.oor So the preliminary nearing was
o,.Y. and ,he case was being tried on
IT, mort. they would proceed to pre-
cont proof OF such conspiracy, %
st,on,, that the Justice would be salN-
ted mat the officials had actually con
enircd Tor the very purpose ne me"
,ionod Counsel urged. hoWcvcr, that
,urthcr proof than had been gwen was
va, necessary at this time. since the
LiI Of the government 20 dismiss the
en-, ms still pcndIng and had not been
decided. ,:.i..
Friends Of the bank declared tonight
..,4 .hould Justice Mccoy OVcrrult tht
,,n,ion "a dismiss. as they thlak nc
,-r Secretary AcAocO ana Contro'e'
william. yiIi be pat on the 'tand' ln
tho cxncctation o. proving D. tAeN
avn testimony that they virtually CON
spircd 20 iniure thc Riggs banh.
Mr.. Hogan TOLD the court 'o-da!'
however. that he intended to cue aef
cral Supreme Court decisions, "heh me
casc comes TO 'o"mal trial, 10 snow 'h''
The dovctaiing Of such actions OF we
Secrctar, and Controller with the e'-
lcct Of iujurjug the bank proves con
opiracy.
DUTY Of Court 10 interfere.
..If these act were rot done as the
,csult OF official Judgment but as the
result Of a corrupt conspiracy 10 IN
iurc the bank. then this court mas no'
only The right. but il In, the aDso u'e
dutv. Of remedyIng those acts oe-
AIRED Mr. Hogan.
secretary McAdoo. NJ. Hogan con
t;Yued. had haied before ms maJeS.E'
An his otfcc. private cltileh, VII.
Glover that he might be aufoh'ed anu
denounced because he had gwen ouI
newspaper interviews crluciSlhg inc
Dublic actions Of public oihciaIs.
THIS vas an alluslon to the cnnarIc
Of the Treasury officials mat oilceiS
Of the Riggs National BANK had : Yen
the Information on which the articles
i'm The New FORK Tribune in regard to
tl.a United S'ates Trust-Munsey trust
absorption were based.
Mr.. Hogan continued hat the Secre,
fary and Controller had been lnimcaI
10 the Rigg' Bank -'0ce the inter 'e"
o,er these article in Mr.. McAdOp s
Office. i'm December. l9l". -.
Tho acts Of SIR McAdoo ana Mr.
Williams do,etaiicd after that. ne &c
CARED. I'VE cvocct to show that the
Illegal and arbitrary acts OF Nitiam'
,yore no, only do.r with the approval
a. NcAGoo. but that Williams was ad-
creed b. McAooo. aud the former IS acts
had ,ha full. consent o. the secretary
a. the Treasury. lhes worked TO.
eciher an down the line. sometimes ia
oticlal and sometimes 90 unofficial ca
Dacity. 10 inJuro the bank.
Sequence of the Conspiracy.
First came the taking aWay o. inc
District Of Columbia tax recelpts de-
rosite: then the withdrawn OF INC
i,r,na Canal funds: nest the haro
-ork 70 get away the Red Cross ce
POSTS: then the demand Tor me pa
.,uces OF our dcpos,tors, aud uHaHy inc
many aunoVanccs to which The o'nce''
~ the bank have been subjected.
Mr.. Hogan charged that the nrst %
rortu,ity TO harm the bank after thI
Doconhc~ '.terview came M May
s-bereupon M. jntermyer suggested
that this disproved conspiracy. since
ir allowed time for passions 10 cool.
$50 mucn the worse for your clients
,ctorted Nh. Hogan. $50 much tne
Greater the raucor that survived st
long and waited for an opportunity t'
strike.'
Justice McCoy incurred why the Con
troller could not have refused 70 ap'
prove the Riggs BARI as reserve
agent Tor interior bank PRIOR TO NAY
10 hich SIR. Hogan replied mat ALL
iams did EOt becOm, to"ro!!tt u"t
Feb~uaiy. This broush, ON long d.
bate between Justice Acto- and VI.
hogan a5 20 whc;hec the Controller
could have done 50 or not md whether
ne had the right TO do go IN ms ulscfe
ton.
Justice Mccoy. after aeains NJ
Hogan If the bank believed the cOur
had = right 20 issue maEdgmus &c
curing the Controller TO approve
ba0h as reserve agent for memo.
banks. indicated that ne did 10, than
his Dopec wa held Dy tl" coL"t. IAe
iustice. hCWc.ci. made 70 c.c4r ,aat Do,
considered .nc .mro''t o. o. the 5000,
Sac a.d the ,rIuuct'ole requested Dr.
connection with tnat. ar enti"ci" sep
.ratc question. from which iG ger AL
lie view that Justice Mccoy viii -u-i- B
the bank on the $4,000 Anc, put den.
the injunc-ions which -ecm 20 prove.
thc Secretary aud Contr0'c~ .som fu.
thor conspi.nC 20 7ju-a -he bank an.
from refusing 20 approx, .t as re
serve agent for interior banks.
Brandeis Argue lnilnctions.
IL making his as-ulc 2 10. ,ae GOV
eyamcnt. LOU u. Briu,cIs divided the
injulc;icls sacd b. :he baak INTO iou.
heads ono on the $1,000 penalty. 81
ready imposed; or te-kng % coU3C
the Controllcl % approve the E.~E.
Bank rs q rcrcrve agent, one sCet.u.
10 prevent the imposition o. turtle
penaltics. and the rour,h seeking pro
.cctioa from otlcr actions appreheude,
Dv the bank.
Ia regard 10 fur;hc- penalties he de
clared ina, Controller WiiliamS's an
svcr stating ;ha' he intended TO m
pose no more pcaaltie7 was efficient
That the har.. W. a.+.-1u-Iug 20 oct