New Mexico state record. (Santa Fe, N.M.) 1914-19??, 1916-10-06

nOte!"
Answer Thy Llewellyn) "That 10
the way ! have stated the facts about
It."
Further questioning of Llewellyn
brought out the fact that there was q
renewal OF that note. as he said, and
he was unable to explain why In the
renewal the amount had climbed from
s 1882 6 to $1,751. He didn't notice
the difference till after the bank
failed, he said.
Question DC you know what party
this campaign contribution was made
for?"
Answer (by Llewellyn) "Made for
the Democratic party"
@. You ran on the Democratic
ticket?"
A. Yes, sir"
So Governor McDonald's Democratic
Dona Ana county organization took
the money from the bank TO a their
campaign expenses. But when 1t came
to paying back, why the farmer boys
and the young women ofthe state would
have to do that; the money must come
from interest on the State Collegs
funds. Here it is again, from III
testimony of Assisting Travelling An
ditor and Bank Examiner Wooters
(page 1928 of the public record:
Question DO O recall among
the assets of the Las Cruces bank a
certain note signed by NJ. o. Level
Ign, j. II. Paxton, Hugh Clary and T.
r. II. SMITH"
Answer tby Wooters). yes, sir"
@. THAT is known-is generally re-
ferred TO as the political note?"
A. Yes, Sir
q. DID yon over have any CONVEX
satlon with Mr., Saith or any persons
down there reSard'ns mat note, Inc
cause OF il and so on?
A. After the bank failed, ! did;
yes, sir"
Sure enough, after the BANK faiieo
this note was among the assets oil
the institution, along with the worth
less Smith family notes aud the over
drafts and non.secured notes OF Demo
cratic leaders III Las cruces.
z. with whon?'
A. why, don't remember eAact-
ly h There were TOUR or I'VE III
roctors and Interested parties IN the
bank and myself, at me meeting go
ing over all me notes n CONVEX
sation regarding this note was be-
tween Smith and LleWeiiyn."
q, What was that conversation!
A.. ",Nhen ! hit the hote, turned IL
over and read II amount, | ASKED
how much-askcd what 1t was WORTH
If MI. Llewellyn was good lot IT,
Sillh SPOKE up ana Sa'u 1t %a'i ! M,
ha nod siurod ,bat if was to ba maid
a.. Notwithstanding u.e II u,se IN he
,.;d o,,+ oe irA.rae4 +h,+ mse IN he
rr.d;+ad ~ ave- ~ the ~co,icne ar.
cour+sv
mt man ola c.oto Col,ooo a%ccount
c,nith Hnueurr and the otbar nar-
ocrats had hi@h tines Win if before
II ,uas oil onrni
n "h,L uho, Nae tbat ,oto oiven
for acrnrdipu IN tb.t statement orisi.
na,Ivqn
q, politic,l didn't
COW wbaf1
n "Snnnosod IN have baen FIR The
c~arrnaion fundqr
~ tbinE 90. vos sir"
n "And II w,s r. he n7id nv cred.
;+ina +he in+a,ne+ an tho %coilaoe ,c.
couo+or
A Yrs e,p"
rrulv IN ins,irinp snrctacIe-Mc-
DopalI,, nartv h%rnrbr1an bn,ravine
thnis tr1,i oa oonrt. ~ ~, C.atn roi.
Ioco hv usin. tbo soc,od coIleoe
Funds ac moo,sto , no,iticaI ael,,
tn q snido banker
anu ooVe'"o' "eoo""'o ""e"' ,
An inspiring spectacle, too-the gov
ernor OF New Mexico allowing such q
banker to continue his operations un~
til he had taken all the college money
and the savings OF near Goa hluiViouai
citizens besides. Doubtless Governor
Mcdonald let the First state Bank go
its way on II chance that 1t might
s~urivive-and donate more one
from the interest on State College
funds, TO another Democratic cam
paign fund.
LleWellyn kept feeding The First
State Bank more State COLLEGE money
the State College money kept paying
off the Democratic party notes, the
Smith tribe continued TO appropriate
ministration let them 90 their reck-
less way.
The general public-about 600 in
rocent depositors whose H'Hrey went
up-had no idea that the First State
Bank was shaky. They had reason to
expect that the man they elected gov
ern0r of the state and the nan he ap-
pointed as travelling auditor and bank
examiner would require The bank to
keep within the law.
Had these people known that Gov