POLITICS RUINS BANK
FAILED BECAUSE STATEHOOD
BILL WAS DEFEATED
Allegheny Institution Loaned Money
on Worthless Securities to Republi
can Adventurers, Who Are Now
.Trying to Hush the Scandal
expected to tell what they know have
been influenced to keep silence.
A representative of the machine is
here now trying hard to get from
John G, Cunningham, the examiner,
a list of such notes and paper before
the examiner can make his report.
Cunningham - thus far lias refused to
speak of the bank's affairs.
Attorney is Silent
Thomas P. Trimble, the dead cash
ier's attorney, who might be expect
ed ' to be eager to go as far as pos
sible in clearing his client's name,
pm.hW pa nn 21. Failure of win not say a wora. ai a meeting
. 4 ' . a . o 1 of the directors of the closed bank,
the late Senator M. S. Quay and. Sen- heM ,ast night at hiJ offlce Mn
ator Boies Penrose to secure passage Trimble was authorized to employ ad
of a bill In congress making New ditional counsel to look after the
Mexico n. new state is now Riven as bank's interest. Whether1' the politi-
. , - , Mn,u.'a clans whose names nave been con-
the basis for the cause of the failure . . f .
of the Bank of Allegheny and failure institution are to be criminally pros
of the local promoters to unload their ' ecuted, Mr. Trimble will not say. "I
fan,! an tw nrnnortips Hail am in a delicate position " is his re
sponse to all inquiries.
Frederick G winner, who has called
himself "The Dummy President" of
the Enterprise Bank, after his first
outburst, said: "This will break up
the republican party in the state of
, Pennsylvania. . This run has been
brought upon us by the politicians.
He has been carefully guarded from
the newspaper inquirers. He is an
old man (74 next January), and the
The explicit charge that Penrose tragedy of Clark's death , has shaken
this statehood bill gone through it is
probable that Lee Clark would be a
millionaire and that all of the poli
ticians associated with him and who
are alleged to have borrowed all the
bank's resources from him would
have realized a handsome profit.
Boss Penrose in the Deal
has "paper" in the bank has not been
proven. Penrose denies the charge
so did Andrews before his notes were
found.
"Every pressure, local and political,
that can be brought to bear to hush
up the scandalous relations of repub
lican state politicians with the
wrecked Enterprise Bank of Allegheny
is being used. To defer the disclos
ures until after election day; is the
aim of those involved. The looting
of the bank and the tragedy of Cash
ier Clark's death have become the
striking issues of the present cam
paign. Even the men who might be
4
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Real Estate and
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I DIRECTORY
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For homes or Investment. Timber, coal, f arm
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FIUMOKE COUNTY FARM FOR SAIL.
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UKOUC.H V. HAMILTON. & JAU
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Z.IJ. B AIR D.UVE STOCK AUCTION ER
Bett of references. Hartlngton, Neb.
his nerves. At tys home visitors
are told: "Mr. Gwlnner cannot talk
about the bank's affairs. He Is very
much upset, and may say things that
he should not. The boys (his sons)
do not want him to tell things just
now." - , . ....
Homer Castle's Speech
Homer Castle, who Is credited with
precipitating the present disclosures,
said in the course of a speech: "You
need only be told that J in sthe case
of another bank of Allegheny holding
a loan of $65,000 on the strength of
a $100,000 deposit of state funds,
where the collateral , was 'air line to
nowhere stock, that when the offi-;
cials of that bank, knowing that the
securities were insufficient, asked to
have the note lifted, after a bank
examiner had turned it down for the!
reason that Jt had no ascertainable
value, that' Robert McAfee, now secre
tary of the J Commonwealth, practi
cally forced the bank t - keep this
oan on the pain of instant withdrawal
of the entire deposit.
"You need! not know that the
Treasury Trust company of Pitts
burg, between January 15 and Feb
ruary 1 of this year received a de
posit from the state m the sum of
$25,000, which was followed in two
days by two notes of $2,500 each,
made by W. H. Andrews and endorsed
by Francis J. Torrance, Lee Clark,
the cashier, and F. R. Nichols, who
is the private secretary for W. It.
(Bull) Andrews, ine proceeds 01
these notes were carried away by
Nicholas and James E. Glass, presi
dent of the Treasury Trust company,
said to an officer: 'We can get more
money if we make more loans
Every man owes it himself and
his family to master a trade or pro
fesslon. Read the display advertise
ment of the six Morse Schools of
Telecrat-hy. in this mw and !eatn
how easily a young man or lady may
learn telegraphy and be assured a
position.
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Mr. A, Canfleld of Tecumseh, Neb,
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He ha beca entirely cured by Dr. T
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description of th cnrr to Dr. I.
O'Connor. Lincoln. Neb. He cart cure
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ttrtns of payment easy.
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KANSAS CITY, MO.
L
1 Jffe. I
;s GSSi
, I r.. V i
ry is r
M Tt-
LEGAL NOTICE
To J. C. Root: You and each of you
will t a lev notice on the ISth day o
October. W05, J. II, HJmlsten filed
his tKtltlon npalnst you and others
In the District Court of Laneaater
County, Nebr., the object and prayer
of which It to foreclose the Hen o
a tux iak ind two cfrtiflcattm of d.tt
November 4. ISH'I, luado by the
trvurtr of sstld county to onu llurr
U wU covcrtuK I.ol 3 and 4 In DlocW
4 ;.sd Lots St', 11, 12. 12, cad 11 ta
ItliH'k 9 In the vlihtKt of Normal la
Limciuter County, NMiranUa, for th
itillnquiut statw and rounty for
the )ms 1512 to 1900 lncluiv2 that
WILLIAM J. BRYAN
IN FOREIGN LANDS
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Address all orders to The Independent, Lincoln, Ntb.
mk Burr Low la. purchaser, and J, H.
lMioUltu. assignee, paid the taxes
for the rar 1001 to lODI under nld
certificate; that on the 7th day of
Auut 1!m3 wild tax certificate was
aaalsnt'd to plaintiff for vnliw and he
la uuit tl? owner and holder thr f;
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xm.
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By TALBOT & ALL1N, their attor
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