Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1919-08-04

to the war. hrIipNing litt lHe puhh 'pu'u
not obtain competent help
Charles \. Horn, a stockhoidCr.
whose officers arc in the Bourse Build
ing. verified Mr.. rowclson's assertions.
lie also said that Ralph Moycr. The
cashier; Waiter ColhpSh. head book
Keeper. and EIwood Strang. paying
teller. ran the bank lin high banded
manner.
'They made themselves very offensive
to the dcpositors," said Mr.. Horn,
These men smoked cigars in the bank
and were very iusolcut.
Calls Them Bonelieads
"Bonchoads" was tho appellation
given the directors Of the bank by
! Charles Pfcffcr. brother of ono of
| the members of tho board,
| Mr.. pfcifcr. who conducts saloon
mt Ridge avenue and Cumberland street
said he sized up the men and de
cidcd that they knew nothing of the
! banking business.
I II wouldn't put my money in that
bank when saw what kind of men were
on the board. and advised my son
!
lie did not listen to me and put it in the
bank He had saved $1,000 TO furnish
house. as he soon wcs to be mar.
ricd. and today he is minus his $1,000"
Pusey ,Resents Criticism
Colonel Pusey and Mr.. Cameron, sit
ting comfortably in the probe Office in
the Bailey building. took exception to
the criticism of the dcpoSitors who have
demanded to be informed Of the con-
dition of their accounts.
There is nothing to it. said Colonel
Pussy. The investigation is being
made at full speed and We arc at it day
and night.
"But the depositors are indignant.
he was told, lat the delay and are ask
ing for facts. They say it has gone on
long enough for them to have facts.
There is no need for any indigna-
ton" he snapped. I'VE are working
hard to uncover all tho bank tranSac
tionS. 1t is not going slowly; it is go
ing along fast
Mr.. Cameron then said that state
mcnt Of the banks assets and liabilities
T..
he added. I'VE are not waiting for that.
We arc working to get all the money
possible from people who owe the
bank.
Falsifying Covered Long Period
The chief banking commissioner said
: that the investigation showed that the
fnlsifying of the books covered long
poriod--pven before Colilcsh took over
the main ledger lie added that another
> "snag" had been encountered ia tn"
bank due to the machine made entries
in the books.
In the old system Of bookkeeping the
p clerk made entries by hand. but with
+ the loose leaf lCdGers the entries arc
' made on machine resembling a type
writer. Hence. he declared. it was i'm
possible to determine who made the en-
4 tries and ncressitated checking each ac-
i count on the ledgers.
. The colonel and Mr.. Cameron like
! wise were perturbed regarding the as
d Scrtions made by Daniel +. lafcan
+ former banking commissioner. who ha
c alleged that pusey. Rotau and Cortcl'
= YOU are burning up the bank assets b,
. an expensive investigation.
. Anyway" said Mr.. Cameron. "th
bunk examiners are pnid by the stat
and the district attorney employees viii
be paid out Of county funu'
!. State Banking Commissioner John :
Fisher, explained last week that COOnc
PuScy and the certified Il, rountart. eln
rloyed by the district attorney. woul
; bc paid from the bank assets.
Conferences Are Held
Colonel PuScy held several confer
y cnces this morning 1t is undprstoo
" that between forty and fifty person
Il owe the bank approximately 81 .00G.
= 900. Among this number several womc
It appear as debtors. Colonel Puspy
d talking to many of the number and en-
% dcavoring to persuade them to pay thci
II loans.
,, One of his early callers today wa
William Morgan Montgomery. attornc
Al for the accused cashier. Mr.. Mont
gomery said the cashier had Struightcnc
y the salary payroll at the bank and tina
II all the employees were paid last Sptul
80 day with the exception of those undC
Is fire--Moyer. Strang, Colfiesh and Eva
is Amber, who says he is not n rclatiy
Is of Charles Amber.
!" Meyer did not appear at Colon
y Pusey's Office this morning. He had a
n unexpected caller in the person
$ Charles Nicely. 232G North Twenty
al ninth street. one of the directors OF Il
bank. The man refused to reveal h
ed identity when he drove to the Moy,
or home at Third street and Olney avrnt
in an automobile. He would not dis
j. cuss the nature Of his business.
w w Strang Near City, Is Belief
I'd Strang. who presented his wife wit
50 n $40, 800 house in Cynwyd and dro,
Is three automobiles on a $50 n week sa
ne ary, is believed to be in or near Il
+. city today.
ve 1--WE can put our hands on him
lie any time" said one of the detective
he In fact. he is not very far away"
District Attorney Rotan. who hi
been absent from the city for sever
days. is expected to return tOmorro,
He has called a conference for the di
and ordered Assistant District Attorn
uo Joseph II. Taulane and James r. Co
y telyou, chief of his detectives TO be
M hand. Philip \. Goldsmith, certif
dc public accountant, employed by Mr.. II,
tan, viii be ut the meeting and mi
.... n Z q. Z