New-York tribune., 1919-07-15
Representative McFadden
Says He Will Act if His
Demand for Investiga-
ton Should Be Rejected
Controller on Stan d
cutter Falsity'' of Charges
Against Him Will Be Dem
onstrated, He Declares
NeU York Tribune
TnsIliuufOn Rureott


WASHINGTON, July 14.-If the
Senate Banking and Currency Com
mittee recommends the confirmation
of the Presidents nomination OF ohm
Shelton Williams for another .erm as
Controller of the Currency, Repre-
sentative McFadden, of Pennsylvania,
will impeach the Controller on the
floor Of the House.
The Pennsylvania representative
gave notice of his intention to-day
when he introduced a resolution for
an investigation Of the official COLI
duct Of the controller, not only as
Controller Of the Currency but as an
official of various government boards
during the war.
"If the Senate committee recon-
Smends Mr.. Wlliams's confirmation
and my resolution for an. investiga-
tion of his acts is rejected by the
House." Mr.. McFadden said, 81 wish
to give notice here and now that
shall impeach Mr.. Williams on the
floor of the House."
The investigation called for by the
to determine whether Mr.. Williams
"has been guilty of acts which were
designed or calculated to overthrow.
subvert or corrupt the government of
the United States or any department
or officer thereof, and whether he has
been guilty Of any act. or has con-
spired with others to do acts which,
in contemplation of the Constitution
are high crimes or misdemeanors, re-
curing the interposition of the con-
stitutonal powers Of this House."
The Controller took the stand in his
own defence to-day pefore the Senate
nomination. Ne said he would demon
strate the cutter falsity" Of charges
made against him by Wade II. Cooper
president Of Washington savings
bank Mr. Williams read to the com
mittec an 5000 word statement he had
sent to "a thousand or two" bank di-
rectors attacking Cooper personally
and members of his family, and pur-
porting to show irregularities in their
financial transactions. He will con-
tinue his testimony tomorrow.
John Poole, president of the Federal
National Bank, testified that Williams
had told him on two occasions that his
bank would receive no deposits over
which the Controller had any control,
because of the presence on its direc-
torate Of Frank j. Hogan, attorney for
the Riggs National Bank in it's fight
against Controller Williams and Sec
retary of the Treasury McAdoo.
Poole said he had been told by Will
lam Ramsay, an official of the Com
mercial National Bank, that if his
bask would make deposit with the
Phoenix National Bank of New York
it would receive large deposit of
Emergency Fleet Corporation funds
When he told Mr.. Williams of this in
cident Mr.. Poole said the bank received
deposits Of the Fleet Corporation funds
almost Immediately.
The resolution introduced by Repre-
sentative McTadden is intended to en-
large the scope of the inquiry into Mr.
Williams's conduct, and not in any way
to interfere with the Senate investiga-
ton of his activities as Controller. 1t
is very similar to the resolution intro
duced by Mr.. McFaddcn last session
1t would authorize any inquiry into
his official relationship to the offices
of the Secretary of the Treasury, Sec
retary Of the Navy, Secretary of War,
Commissioner of Internal Revenue. to
the Federal Reserve Board, to the War
Finance Corporation, to the Capital Is
sue Commission, to the United States
Shipping Board and the Emergency
Fleet Corporation.