The Washington times., 1916-05-09

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stocks. AMI that this rook was known
on it's binding az the order book"
I'VE Will, show records CT the ac-
counts OF depositors OF the bank and
that each OF the defendants had ad-
viscd customers over their official sig
natures Of the execution of certain
stock transactions.
., ave VIII show that the bank: &c; fund;
transactions Of stock brokerage
Character. II is not enough for the
Government ito prove that the defend-
ants swore falsely. II must prove that
g. sne a., &C, was not accidentally done; IL
70 deceive. We expect to show that
the defendants had a strong motive
TO disprove that they had sold stocks.
we expect to show that the Riggs Ma
,lonai aBnk for years has been engaged
In stock brokerage business in def
Treasury.
Attempt To Conceal"
I'VE expect to prove that the profits
accruing to the bank from this business
were carried in what was known as
commission account, and that when the
comptroller OF the Treasury ordered
cessation OF this business, methods were
ADOPTED TO conceal such business. the
accounts &c being carried then privately
q
villa show. too, that the bank charged
commission for its transactions
when the profits were placed in the
commissions account. II necessarily
sminers. When the subterfuse was used
placing the profits under Individual ac-
counts, II was hard for the bank exam
liners to notice any irregularity.
But the examiners did find evidence
OF stock transactions and the Comp
troller Of the Treasury did notify the
bank officials TO stop this business.
=, "Notwithstanding these notices the
engaged in the business. voluntarily
turning the profit into the bank
We VIII nttempt to prove that the
stock Iroxc.aGa business was conduct
and that TO conceal these transacticns
they were entered In the name Of
Glover and Father"
The District Attorney charged that the
defendants had another strong motive
for making the akdavit that forms the
basis OF this case. He said the Gov
eminent purports to show that the de-
PENDANTS had practices with Lewis
johnson q Co. that 1t beloved them to
Mr. Laskey then charged that Henry
II. Father used orders of customers
for his own profit. declaring that when
the original orders were placed. II the
stock went up he would give an order
TO sell. land place the profit in his own
pocket; placing another order for his
Mr.. Laskey asserted that the Govern
were not given the full profit 10 which
they were entitled. and he concluded his
statement that II the Government es-
tablished the contentious enumerated.
he would insist upon verdict OF
guilty
Kendrick Is Seated.
Court convened promptly at 10 o'clock.
The first man examined OF the new
panel of veniremen was Joseph II. Ken
drick OF sl7 Fourth street northwest.
He was seated.
Attorneys Hoover and O'Donoghue. for
the defense, and District Attorney Las
key for the Government, continued the
examination of the veniremen. plying
questions along the same line as those
followed Yesterday. concerning the
jurymen. their places of employment,
whether they had ever been in Govern
ment employ. and whether they were
opposed to brokers or the stock broker
age business.
Obadiah Nelson, the second venireman
called, was excused on informing the
court that II would be hardship for
him to serve.
Dixon Excused.
Martin +. Dixon, one OF the members
of the panel exhausted yesterday, was
excused by the defense, and George
Haas. jr., was called in his place. Haas
was subsequently challenged for cause
by Attorney Hoover. when he acknowl-
edged a prejudice against the stock
brokerage business.
John Keys. grocer, at 1901 New
Hampshire avenue northwest. who re-
placed Haas in the box. answered the
INQUIRIES OF District Attorney Laskey
satisfactorily. When questioned by At
torney O'Donoghue, Mr.. Keys declared
he had never been employed by the
Government and had never bought or
sold stocks.
lie professed a lack of bias for or
In stocks. and said he could render a
fair and impartial verdict II selected.
Engle Is Called.
Upon the defense excusing Edwrd V.
Common. ,. Lawrence Engle. an insur-
ance agent. was summoned. He an
swered the Government attorneys ques-
tions satisfactorily. and upon examina-
ton by Attorney Hoover acknowledged
that he had at one time purchased
stock.
He disvowed ny prejudice toward
stock dealers, nd nswered in the mega
tive when asked IL he ever had ny deal
Ing with Secretary McAdoo or others in
the Treasury Department.
Hewitt. one of the members of the
Government and Henry H. Banks. a
printer, was called
Edward V. Conner. another of the
first panel was then excused by the
defense. and ID. Lawrence Engle was
called.