Grand Forks herald. [volume] (Grand Forks, N.D.) 1916-1955, 1921-02-26
about this but II. anything hap.
pens don't say that Jim Waters
knows about it and didn't tell
yOu.O

F -.T.T 4# t'E -
9 about this. but If anything hap.
:. pens don't say that Jim Waters
knows about it and didn't tell
YOU"
Either the same evening or within
the next day or two, Waters said,
Lemke came to his office at the Bank
Of North Dakota to talk the situation
over, and Waters pointed out to him.
even more strongly than he had done
to the governor, the situation in which
the Observation-Disclosures bank was.
III the hank blows up before
June 30, Hanger Is the x gov
crnor," Waters says nc told
Icmkc.
In answer, He says. LenAkc
pounded with his fist on the table
and shouted: "By God, VIC will
keep that bank open If it takes
every dollar Of public funds i'll
the state Of North Dakota"
"Thcn you had better hunt an
other manager for the Bank of
North Dakota" was the reply, he
DECLARED.
Shortly after this came j. j. Hast
ings' triple in the effort to sell the
bonds Of the Bank of North Dakota.
and the alleged conversation in regard
to German money.
Tells Of McAncney's Trip.
Early in March, 1920, Waters says
that he decided to go to Florida, and
before he went left a letter of resig-
nation as manager of the Bank OF
North Dakota in the hands Of w. A.
Anderson, then secretary OF the in
dustrial commission. After he had
been in Miami tor some little time,
sWateis said. ne received d telegram
from McAneney saying hat the lat
tel was comingsto Miami. He arrived
the next morning.
What is the NATTER" Waters said
he asked McAneney.
II guess you and Erinton are in
dicted by the federal court" was NC
Aneney's alleged reply.
what for!" Waters asked.
Il don't know, but J. think it must
be something in connection with the
sisal trust" he said McAnency an
swered.
Says He Doubts Story.
McAneney then told him, Waters
said. that he had talked, with Ray
Craig, state manager of the Nom
partisan league, and that Craig had
told hin, tMcAneneyl OF the CONVEX
sation with NJ. A. Hildreth. United
States district attorney. in which
Hildreth had said that Waters was
indicted shut that he would have the
indictment Quashed if Waters would
resign as manager of the Bank o.
North Dakota
In this connection Waters stated
that he had made inquiries since and
as a result did not.believe that Hill
dreth* ever made. the statement at
trihuted to. him., and that he believed
there was>.no foundation for the story
that he had been indicted y
'tG x: Showed Resignation.
Counting his account of what hap
pened at Miami. Waters said that he
asked McAneney how many umei
they wanted him, to resign. and
showed him a carbon copy of the let
ter Of resignation he had left with
Anderson before leaving Bismarck
McAneney appeared satisfied, he said
and sent a telegram to Craig.
Waters denied fatty McAneney'I
suggested form for a letter Of resig'
nation prepared by himself and Craig
Waters denied ever seeing this.
Never Wrote Couricr-News Letter.
At this point in the proceedings At
torney. j. F.. Sullivan read to Water,
some extracts from his pprported res
isnattou which appeared IN the Fargo
Courier-Ncws and. other league pa
pers. Waters denied having writer
these.
It was on his. return from Florida
Waters said. that. he. was talking with
w. II. Stutsman. member OF the state
railway commission. in the West no
tel. Minneapolis, and that F. Il. Pol
lard jcinedsthen,. Pollard was at tina