The Waterbury Democrat. [volume] (Waterbury, Conn.) 1917-1946, 1932-05-27

evidence of airy Kind that although
the deposit box was in their joint
names, so far as he knows, moth
ing went into it.
I'm addition to that, you have
proof here that shows that Sher-
wool was and for many years had
been the agent of the mayor OF
this city. You have Sherwoods
s0wn written statement before he
got his position from the Manhat-
tan bank, that he was an account
ant and n confidential secretary
at a salary of $4,000, a year. You
have evidence here, that to the
time when Sherwood fed, nearly
S1,000,000 went into his various
accounts.
"You have a statement of the
mayor of the city as to the inter-
state stock transaction, a very ne
| bilious recollection as to a CONVEX
sation the terms of which he can
not recall, with Senator Herrick.
"You have in evidence here that
! Russell r. Sherwood, this conf
Dental secretary. an accountant
who had been accustomed to get
a salary of $4,000 year, when he
was gotten In by Rowley OF the
Manhattan bank. his salary was
raised to $4,000. You find that
another account turns up In the
Office of Hornblower g. Weeks. not
in Sherwood's name, no signature
card of Sherwood's there, an ac-
< count made up from beginning to
end of cash deposits, and 2G3 odd
Thousand dollars drawn out in
cash. Where did Sherwood get 1t?
4 For whom did Sherwood get II?
Ut is, however, not without signifi-
canoe, 1t seems to me, that money
was delivered all in cash; that they
\ had to make arrangements with
the bank in order to be able to get
that much cash; that the receipt
that Sherwood gave for that cash
is Identified by the mayor.
"And 1t IL not without signifi-
canoe that on the day following
that was on the 9th OF August
that on the 10th Of August the
mayor went abroad.
Now, can not earmark these
J bills. I was not there. ! can't tell
every detail OF these transactions.
~ do say that there Is no reason
on earth why Sherwood should
have feared investigation IL he
was the agent of other people. He
knew that he was being investigat-
| ed solely In reference to his re-
1ationship with the mayor OF New
| York city, and say that flight In
the face of an accusation ~ some
evidence of guilt"
Seabury presented evidence yes
terday showing that Sherwood had
deposited with various banks and
brokerage houses upwards OF
S700, 900 in 81 four year period. He
also showed that Sherwood was
given, In cash. about $284,000 to
close out special account" with
the brokerage house of Hornblow-
er and Weeks.
4 Walker, who was on the stand
for two days, denied that Sher-
wood was his financial agent-and
said he had only handled n few
"grocer, butcher and baker" billa
for Mrs Walker and a few Other
minor personal matters. He said
!. he had no knowledge of any Of
Sherwood's personal financial
fransa ctions. He summed up his
denial of knowledge OF Sherwood d
dealings by saying II have al
4 ready testified / know nothing
about II, and am either guilty OF
4 perjury or not on that answer and
II am would expect to be
prosecuted"
4 THE crowd to-day had dwindled
considerably. Only $50 or so were
in the court room as the members
a of the committee entered for the
morning session. Proceedings were
delayed somewhat as Seabury sent
for Certain private minutes" and
then by the Tammany demand
that the Walker Sherwood testi-
1nony be stricken from the record
After Chairman Hofstadter had
overruied the Tammany demand
Manuel T. BcrgIn. office manager
for Hornblower and Weeks, idenu-
fed transcript showing Sher-
woods cash deposit with his Arm
This IL part of the 100000 which
/ Sherwood deposited In various
financial houses.
Then Seabury summoned Walter
r.. Herrick, New York park COM
missioner, to testify regarding the
alleged purchase OF several hun.
dred shares of Interstate Trust
company stock for Mayor walker
Walker said he knew of block oil
z this stock but owned none himself
Instead. he said, he had tipped
friends concerning II.
Herrick testified he received
money 10 purchase the Interstate
stock From City Hall. partly In
cash and partly by check"
Three deposit slips for $4,000
each. all III cash. were introduced
10 prove that no check was I'M
v # d y.