Jamestown weekly alert. [volume] (Jamestown, Stutsman County, D.T. [N.D.]) 1882-1925, 1921-03-03
Witness FuintS on Stand


The above testimony was given by
and former manager OF the Bank Of
North Dakota. He tainted befDte
his examination could he ended.
Mr.. Waters, who has been i'll for
a month, part OF the time in Il local
hospital, had been on the witness
stand for two hours, with short re-
cess. The courtroom in the Bur
leigh count court house was crowd
ed with people, and the heat and
lack of fresh air apparently caused
the witness to suddenly collapse and
fall from the chair. He partly re-
covered almost Immediately and was
assisted from the courtroom, lsning
taken home in a 'taxicab.
States League Received
German Money
With SO many of the League Lead
ers in North Dakota and Minnesota
under indictment for treason dur
ing the World War. and others sery-
ing sentences in the pententiary. the
testimony about alleged German
money being given to the Nonparti-
san league came as a bOmbshell in
me crowded courtroom.
Mr.. Sullivan was asking Waters
about /; trip Jack Hastings made to
New York to sell bonds, for which
trip. according to previous Testimony
he got $4,000 expense money from
the Bank of North Dakota.
The court reporters trans
crpt gives the statement:
Mr. Waters Hastings said
am going down there and place
these bonds with this bunch of
radicals that Governor Frazier
had been down there talking to
and l have a very good friend
there. Mr.. Podgenstecker, from
whom we got $4,000 of German
money. The money was sent
to bank in St. Paul I believe it
was the American exchange
banks"
Details Of Sensational
Testimony Saturday
Waters was called to the stand
Immediately the committee convened
Saturday morning. He went into
many early negotiations, relating
how he chanced to become manager
of the state bank, and incidents in
the bank tending to. show that lea
que heads were seeking to dump pO-
litical paper into the institution and
use public funds for their private
institutions.
He had covered the ground on
the Scandinavian American bank
thoroughly down through and after
the temporary closing of the instit-
ution i'll 1919.
On New Year day. 1920, Waters
and McAnaney went to Fargo tos
make u personal examination of the
funds had been made on the state
bank. @
They found the condition bad,
Waters said. Previous knowledge OF
the condition, Waters said, had been
obtained largely from newspaper ac-
counts, and he said the condition
was much worse than indicated by
The Fargo Forum.
After this VISIT to the bank, he re-.
lated visit with William Lemke in
Fargo concerning the banks condi-
tion, Informing him that it was very
bad.
I, On his return to Bismarck, Wat
ers said he went to the Office of Gov
crhor Frazier, accomanfed by Nc
Ananey, and that he found Lemke
with the. governor Waters said that
he related the condition OF tho bank
to the governor. asserting thatsit was
dangerous to send: any moro money
to the institution After hearing 5his
story. Waters said thu governor, .Te.l
.urued to, LenakS Sands asked shtp,
what about II & lin stss uu1ulxs OK
cited !" is ths manner In which Mat.
srs said 1Nnke greeted the2 2gevis,I
nnr's inquiry, after Lenke had bt1s-
self heard the whole story of the