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Newspaper Page Text
BILLY LORIMER'S GOOD PAL, CHARLIE DAWES,
NAMED IN BANK WRECK TRIAL
Inside workings of big Chicago
banks, more and more of them, will
be, uncovered before--ihe criminal
trials of Billy Lorimer and Charlie
Munday are over. One secret after
another is to be let out slowly. How
far Munday and Lorimer will go in
throwing the spotlight on accepted
and respectable financiers like Chas.
G. Dawes is yet to be seen.
It was only a starter yesterday
when John E. Hogan, attorney for
Munday, in the trial at Morris,
brought out the fact that Charles G.
Dawes, comptroller of the U. S. treas
ury under President McKinley, presi
dent of the Central Trust Co., was-in
reality a friend and pal of Billy Lori
mer when it came to the banking
game. Of the deal in which Dawes'
trust company loaned $1,250,000 cash
to ten note makers of the Lorimer
bank for a few minutes while the
state bank examiner was in town,
"It was carried on under the eyes
and with the knowledge of Mr. Chas.
G. Dawes, former comptroller of the
There was a clash among the law
yers then as to whether it was W. R.
Dawes, a brother of Charlie, who
handled the cash in the deal. Who
ever it was, a criminal offense was
probably carried on under the roof of
the Central Trust Co. and somebody
would have been indicted for it if the
statute of limitations had not run.
Ass't State's Att'y Edwin C. Raber
"We anight have indicted him (W.
R. Dawes) except for the fact that
his part in the conspiracy ended right
there and the statute of limitations
had run against that particular inci
dent, so far as he was concerned. It
is quite possible, moveover, that Mr.
Dawes was a victim of that conspi
racy, not a party to it"
A big Chicago banker who planned
to enter the Lorimer bank as stock
holder and director, may be named
before the Munday trial is over.
"At the time of the opening of the
national (Lorimer) bank, a promi
nent Chicago banker had agreed to
enter the institution.
"On the day the bank opened for
business, there was printed an alleg
ed confession of Charles A. White, a
member of the state legislature.
White said he had received $1,000 to
vote for Lorimer as senator. From
that time on, Lorimer and his asso
ciates were hounded by the newspa
pers and powerful interests of Chi
cago. "When the White story appeared
the prominent banker backed down."
WHEN DEATH SLIPS THE TRUST
PRESS COMES TO RESCUE
The place where an accident hap
pens has long been of interest to
But when death reached out for old
Max Goldschmidt death did not take
into consideration that Mr. Gold
schmidt was in Mandel Bros.' swell
But where death slips the trust pa
pers come to the rescue. Lest any
shoppers should know that people die
in Mandel Bros, just like any ordi
nary place, the Herald did not give
the store's name in its story this
The Tribune and Examiner over
looked the occurrence altogether de
spite open police records of the case.
Goldschmidt, who lived at 321
Webster av., to the age of 71, was
stricken with heart disease in Man
del Bros.' basement ' -
MORE ART FOR CHI.
War proves boon to Art institute.
Wilfred Voynich, Hungarian collect
or, has moved $1,500,000 collection
of paintings from London to Chi
cago, fearing Zeppelins.