Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1919-07-12
BURLEsON As MEDIATOR
IN BANK CONTROVERSY
Riggs Directors Retractcd Collision
Charges Against McAdoo and
Williams Fearing Results.
BANKS CHARTER IN JEOPARDY
Witness Before Committee Declares
Institutions Officials Were Fearful
Renewal Would Not Be Granted.
Hogan Continues to Attack.
by AsnocIafcd Prnn

WASH1EGToN. July ll.-Postmas-
te--General Burlesons name was
brought III today in echoes of the row
between tn. Riggs National Bank Of
t;i,s city and john shelton Williams
Comptroller OF the Currency. which are
conn nation bcfor" the Senate Bank
ing Committee
dol. Darlington. enc Of the banks
By officers and directors ~ the 30 nix
retracting charges OF collision and
misconduct against Williams apd
of which the banks charter was re.
Moved. were framed ut conference
between himself, McAdoo ana Eurle-
son, with the Postmaster General act
iihims and the banks officials.
Trouble OF LonE-Stnndin1.
The fight between tho treasury and
the bank. in 1916, eliminated in a
lar suit n which a variety Of charge,
ana ""matcr charges were made. lne
comptroller charging the banks officers
with misconduct aud tho bank charg-
ing Secretary McAdoo and comptro Ter
lI!iams Win seeking To wreck ii for
personal malice.
Financial transactions in which MIR
concerned wit hthe National city Bank
Of New OK were aired charges OF
politics were made and the fight at
'rI,'Gd a. the ,d attenti on, Of the country
=
charer expired and. fearful thnt the
comptro.ler would not renew IL. the
banks OFFICERS prepared TO !ncorpore,o
result Of the conferences in which th,.
postmast er-General participated. Oar
lington testified. the bank officials
wrote certain retractions which wer.
not wholly acceptable TO the bank. but
as result the charter was renewed
Hogan Continues Charges.
Darlington took the stand after
had concluded his testimony denounc-
ing Williams IAN expert in falsifica-
ton" Hogan charged the animosity
against R!ses Bank officials shown by
Williams and extended even to himself
v hen as director OF the Federal Ma
tional Bank. also Of this city. he found
IT vas denied deposits OF government
and Red Cross funds through VIII
Jams influence, because of his own
connection with the Riggs.
Hogan described an INTERVIEW be
National Bank. and Williams at which
the comptroller. he said. declared ne
you'd never approve deposits in the
fed was told by Williams the bank
could not .expec. Emergency Fleet Cor
Phoenix Nationa! OF %e~ York while
Hogan National of New York while
,s dhe bank later its. did eesiys. he test.
funds although Hogans name still. re-
manned on the directorate
In Statement; issued tonight. Mr..
Williams said ne would make no sps-
c!fc reply TO the charges and insin-
nation made against this administra-
tion OF the Office of comptroller until
committee in his own behalf
When that opportunity comes" Mr..
Williams said. Il shall rely on written
evidence and official court records 10
prove directly and squarely that the
alterations OF unjust Discrimination
OF use Of my position as comptroller
political or personal, or Of undue
harshness III requirements from banks
When ! say will prove them false |
mean that the evidence shall offer
VIII be convincing TO every honest