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Newspaper Page Text
DID SIEGEL SPEND MONEY OF WIDOWS AND
GIRLS TO BUY TITLE FOR DAUGHTER? 1
I New York, March 19. "My mother
is a widow and not very strong, but
she has to wash and iron for a living.
She has been sick in bed since last
Thursday with a heavy cold, and
we haverVt money enough to get a
doctor. She thinks if Henry Siegel
knew she needed a doctor he would
give her the $28 she deposited in his
"I am the only boy mamma has,
15 years old, and when mamma fell
sick I had to leave school and go to
work. I am the only one bringing
in anything now, so for heaven's sakS
try and do something for her.
John Connors' mother is one off
15,000 people, all in moderate circum
stances, who lost their savings be
cause the banking laws of New York!
permitted Henry Siegel to take in $2,-s
500,000 of deposits in his private bank
and use every cent of it in his busi'
ness, with no security to the deposit
Jors except a 100,000 bond. The let
ter was witten to one of the law yer
l'or cue depodiioi' organisation.