Carrizozo outlook. [volume] (Carrizozo, N.M.) 1910-1945, 1916-10-20

Hih july UT ttiNl Irs..f HF
"nything, etc. aA4 was advised yea.
'erday lilat he had located In Las
uces, New Mexico. You viii likely
I'd some El iaso parties are backing
II and he uses the name OF Il. +.
id and his brothers to soak the
TX with paper. | hope the above
y be of service to YOU,
Respectfully,
II. d.,
Examiner"
Governor Mcdonald and his ap.
ntee, Ernest, certainly cannot com.
In that they had no %intlmation. BIZ.
% the Las Cruces d.. astcr. OF tho
nd Of banker that smith was. Fate
icrally poured tips about him into
hcir hands.
When the Bank Began to Fall.
At that time Wooters, the deputy
travelling auditor and bank examiner.
Judged that the capital stock OF tho
Las Cruces bank was impaired IS per
cent. Knowing that, and having tho
information they had about Smith, It
seems incredible that Governor Nc.
Donald and his travelling auditor did
not then and there close the instiiu.
lion, thereby putting n stop TO u
p%lunderinEs Of the Smith gang sId
saving the COO depositorR and the
state Agricultural College from curtL.
or loss.
Governor Mcdonald know the rot.
ten condition OF the First state Bank.
AK witness this from ,'ootcr's testi-
mony page 300 OF the public rccordl
Question Now then you cyRminod
his t%Smith's) bank In ociol. sr, 1913,
didn't your"
Answer ~ did: yes, sir"
O. AT that time you found that
The capital stock was impaired at
least over so per cent?"
A. That WAS my estimate on Il;
yes, sir"
q. AND YOU so REPORTED nc
THE GOVERNORS"
a, YES. SIR"
For the governor OF q state and tho
executive head of n state bank audi.
ting department to do nothing -abso.
lutely ~nothing-to stop this betrayal
Of the state and It's people at Las
Cruces seems nothing short Of crimi
nal. And the governor and his travel |
ing auditor did absolutely nothing 10
stop II, Banker Smith had contrib.
uted to the Mcdonald party's cam.
paign fund. He was no molested. !
What became of the money deposited
IN Smiths bank by citizens ana the
state College apparently did not
worry His Exccllcncy.
Meantime, u%nhlndered. Banker
proceeded TO boost the impair.
ment OF the First State Bank to $50
per cent. Those were the GOO old
for Smith and Governor MELON.
AIDS Democratic honchmen In Laa
Cruces. All the money the bank
could get It's fnngs on went TO smith
and the inside gang" OF Democrats
TO do with az they pleased
The Lucky Mr.. Llewellyn.
Morgan o. Llewollyn, Governor Nc.
Donald's |appointee ~ sccretary.trpa5.
Of the State College of Agricul
lure and Mechanic Arts. was one of
he leading boneflciarics OF Banker
Smiths p%rodlgality with the -tal0'.
md other peoples money. Llowollyn
borrowed $4,000 from the bank Wis
lut security. Also he rot $50 "a month
is the banks attorney Unlimited
borrowing opportunity and the $50 re
Amer were PRIVILEGES awarded him
or putting the state Culirre funds
who're Smith could got q Vhach az
hem.
Mr. Llowoll,n boran d.posfung
Colloec money Boo ihp First state
Bank in iuly, 1912 Contrary io she
the college go' no interest. The
interest money went TO pay Ll,wel.
yus salarr as attorney Tor the bank
to FINANCE GOVERNOR Me.
IONAlnS FRIENDS or the DEM.
'DRNllC MACHINE IN DONA ANA
.olNl1 Read this from the public
rcord Dplgo IN.
Question Mr.. Llewcllyn, / hand
gu o note signed By you. T Il. II.
smith, j. a. Paxton, ana who Is the
Their party, HUGH Clary?"
Answer Hugh Clary.'
j. n. PuXfon had been chairman OF {
ho Democratic committee for bona {
wa county 100 l9ll and did eoman
ton McpOnald's election Gov.
Mcdonald appointed BIS. 30. iAe
ouId @. ol III tat. c-.rz- !