Newspaper Page Text
ADVERTISE IN THE OLAB
-slfled colnmns of Thk herald, 3d rage; advertiso menu there only cost Five Cents aline. VOL. 36.—N0. 67. BARDSLEY'S BADNESS The Quaker City Defaulter's Sentence Suspended. He Makes a Long Statement in His Own Behalf. Not a Dollar Embezzled by Him in Any Manner. Ignorance of the Ltw Ills Only Grime. Bank Examiner Drew the Real Defaulter. Associated Press Dispatches. Philadelphia, June 23. —John Bards ley, the ex-city treasurer who several days ago pleaded guilty of embezzlement of public funds, was brought to sentence today, but on motion, of the district attorney sentence was suspended indefinitely. The district attorney opened the" pro ceedings by stating that he wished to call some witnesses so the court could get some information on which to pass sentence. An expert accountant testi fied that Bardsley in his two years and a half of incumbency of the office of city treasurer, received $200,000 in interest on public funds; that Bardsley used $600,000 in speculation and had loaned $600,000 to one banking firm and $200, --000 to another. He also loaned $400,000 to the Bradford mills company,, of which he was the owner. Bardsley also Bold and converted to his own use $67,000 worth of government bonds he held for the city, but this money he subsequent ly returned. The expert found that Bardsley's stock operations coat him In the neighborhood of $100,000. Attorney Alexander, for Bardsley, cross-examined Expert Accountant Brown, the substance of whose testi mony was that the investigation had not gone far enough to say positively that any money had actually gone into Bardaley'B pockets. Brown was also forced to acknowledge that there was an actual profit to the city of about $170, --000 from the money received as interest by Bardsley, after deducting the money he lost in stocks, as thia money had been turned over to the city. Brown further said, with the exception of the school fund, the city's fund was intact. Bardsley then arose and proceeded to read his long-expected statement, occu pying an hou» and a quarter in doing so. The summary of his itemized statement shows a net balance due the city of $101,061, and a net balance due the state of $1,002,706. This balance is accounted for as follows: Clearing house due bills from the Keystone bank, $925,000; re ceipt of president of Keystone bank for 100 bonds of the Baltimore Traction company, $1000 each, $100,000; notes taken from J. P. Haines for cash given him to assist Keystone bank, $25,000; 850 shares stock in the Farmers' and Mechanics' bank, $100,000; cash in the same bank, $808; cash in the hands of assignee, $5000; total, $1,155,808; bal ance due city and state, $38,822. The statement, continuing, says: "This accounts for all the money en trusted to my care, except a balance of $438,822 which ia many times overcome by the property and claims made over to the assignee." Regarding his transactions with the Keystone bank, Bardsley says when he took the office he found his predecessor had on deposit there $1,100,000, $700,000 in excess of the law. He reduced the balance to less than the legal limit, and thereafter kept it within that limit, ex cept for three or four days. His tran sactions with the bank up to the panic of 1890, were satisfactory. Then he was applied to for assistance, and ■deposited with the president the Baltimore Traction bonds, which were used at the clearing house for a loan. These bonds,or their face value, were to be returned to Bardslev, but never were. President Marsh applied to him in the spring of 1890 to make other deposits. He complied, and dur ing the year deposited with the bank $945,000, of which only $20,000 was re turned to him. About November let, he notified the bank that on November 26th he would call on them for $400,000, to pay the state treasurer. He was not able to collect it, nor any part thereof. "Remember," says Bardsley, "this money was placed in the bank when there was no suspicion of insolvency, and even the members of the clearing house had no suspicion." During all these months, and especial ly during December, Examiner Drew made many public declarations that •every national bank in Philadelphia was safe and solvent. During the fall of 1890 he assured Bardsley time and again that the Keystone was all right, and in as good a position as any other national bank in Philadelphia in proportion to its capital and surplus. When the true condition of the bank was ascertained, Bardsley says, he was with everybody else astonished that Drew did not know of its insolvency, and so expressed himself to President Marsh, who said he believed D ew did not know all about it; but from the fact that Drew was under obligations to Lu cas and himself, he (Marsh) thought Drew wanted to assist the bank all he could. Marsh said that at the time of Lucas's death he had promissory notes signed by Drew for borrowed money, amounting to $2870. Marsh also stated that valuable presents or sums of money had been presented or given to Drew by himself and Mrs. Lucas. "I assert most positively," continued Bardsley, "that Drew should have known the true condition of the bank, and had he communicated to me, I would never have permitted city and state funds and my own funds to have remained there. Marsh told me that on one occasion during Lucas' life, Drew came to examine the bank, but on re quest of Lucas, postponed it for a week. Marsh said Drew's assistant at one time boarded with hfm, and kept him fully advised of Drew's, intended movements." Bardsley asserted that all the state ments that he knew anything about or connived at Marsh's tfight were abso lutely false. He never had any rela LOS ANGELES HERALD. tionß with Marsh other than as a de positor. During his period oi ofiice he never had any transactions with Post master-General Wanamaker, nor any personal knowledge oi that gentleman's transactions with the Keystone bank. He (Bardsleyl did write a letter to Wanamaker while the latter was travel ing with the president in California asking him to use his influence with Comptroller Lacey in favor of the ap pointment of City Comptroller Thomp son as receiver of the bank, and also visited Lacey in Washington for that purpose. It ia true that he (Bardsley) loaned state moneys to Glendennin & Co., stock brokers; also to a number of banks and banking institutions, through H. H. Yard. He also deposited state money in the Manufacturers, Spring Garden, Keystone, Third National, People's, Columbia, Chestnut Street and Drexel banks and did receive in terest from each of said banks. He also deposited state moneys with the Farmers' and Mechanics' National and received interest thereon. In connec tion with this bank, the president loaned him money with which he pur chased 2000 shares of the West Chicago Passenger railway, at about $90 per share, the larger portion of which was afterward sold by the bank at about $134 per share. He positively denieß that either city or state money was used in that transaction. In concluding his statement, Bardsley said for the past twenty years bis house hold expenses have never exceeded $1500 per year, which also included his per sonal expenses. In March last he moved to Germantown to be near his factory, buying in June last property costing $20,000, which sum represented his wife's savings and his savings from all outside sources. He admits that he loaned state money to various banks and others, not know ing there was any law against it. Every dollar he loaned, either to Glendennin & Co. or banks, was returned at the time fixed, together with the interest, and all this money, both principal and interest, he has paid over. He received interest on state money because he didn't know it was a crime to do so. The interest so received, however, had either been paid by him to the state or will be collected by his assignee. As to the charge of buying securities with public funds, he says, it is true in part. He did not buy them, however, with any thought of retaining them, but only with the idea of making secure a portion of the large amount in his hands, with the intention of selling the same when required to make payments to the state. The securities so pur chased have all been sold and the pro ceeds paid over, together with all divi dends on the same. Bardeley asserted that neither the state nor the city is a loser to the extent of one dollar by reason of his doing any of these things for which he has been indicted. On the contrary the profits arising from these transactions, which exceed all the losses, have been put by him within the control of the authori ties. As to the assertion that many prom inent politicians have been borrowers from him, and have shared in some way the profits of the office, Bardsley said it is true he has assisted many men in private, political and public life, in 6mall loans, yet in every instance the money has been returned or is amply secured. He is aware that ignorance of the law is no excuse for its violation, but says it is, nevertheless, and must be so admitted by all fair-minded persons. "I have resided in this city over forty years, thirty-five of which I have been in active business, and over twenty-five in the public service, twenty-three of which I was a member of the council, devoting the best years of my life to public work, neglecting my business so that I made no profit; neglecting my family by my mind and body being de voted to public interests; working four teen to eighteen hours daily, and during all these years living in a most econom ical manner because of the want of money; denying family and self of al most the comforts of life, because of want of money; and now, ad vanced in years, with a wife and family to support, I am stripped of all my property; my family penniless, thrown on the charity of the world; my reputation destroyed; my body imprisoned, and all for what? Because a bank has failed in which I placed money entrusted to my care and because I have violated a law to me un known and never before enforced. When I have made all the reparation in my power by turning over all my property and giving all possible assist ance to both the city and state, what more can I do?" At the conclusion of his statement the judge granted the district attorney's motion for suspension of sentence until the expert accountants finish their work. MORRIS VS. TRKMAINK. A Foot Race to Come Off for One Thou sand Hollars. A professional foot race is to come off on Saturday at Santa Ana. Tho distance to be run is 100 yards, and the contest ants are Morris, of Santa Ana. and Tre maine. of the United States, but a resi ident of Los Angeles foi the past two months. The race is for $1000 a Bide, and promises to be a genuine foot race. The writer is aware that the statement will be taken with a grain of salt, as it is a notorious fact that professionals very rarely engage in genuine races. It cer tainly looks as if the one next Saturday will be a square race, however, and that the better man will win. The backers of both parties think they have a gilt edged cinch. The whole Santa Ana valley labor under the impression that Morris is invincible at 100 yards. Tre mnine is a flyer, and where he hails from is a mystery. At all events, his backers think that Morris will not be in it with their unknown. That is why the race has a genuine flavor about it. A Certificate of Merit. Washington, June 23.—The president today awarded a certificate of merit to John F. Tritle, sergeant, company E, Seventh cavalry, for distinguished ser vice in the action at Wounded Knee. Woman Suffrage. Springfield, 111., June 23.—Governor Fifer has approved the bill enabling women to vote at school elections. Twenty-six states have now given wo men some form of suffrage. WEDNESDAY MORNING, JUNE 21, 1891.—TEN PAGES. GETTING DESPERATE The Chilean Rebels Reduced to Extremities. Fruitless Efforts to Gain Recog nition as Belligerents. A Rich Bribe Offered Peru for Moral and Physical Backing 1 . ICalmaceda's Congress Issues a Manifes to—The Esmeralda Arrives at Iqul que With a Prize in Tow. Associated Press Dispatches. IqUKJCb, June 23.— Tiie insurgent cruiser Esmeralda, accompanied by the guano steamer Ilemel, which was taken by the war ship, arrived here today. BECOMING DESPERATE. Washington, June 23.—A telegram received here today from Paris states that the efforts of the Chilean insurgents to secure aid from the French govern ment are becoming desperate. The in surgents, the telegram also says, prom ised to deliver to Peru immediately the territory of Ticna and the port of Arica, provided the Peruvian government rec ognizes them as belligerents and gives assistance. The Peruvian government rejected the proposition. THE INSURGENTS' CLAIMS DISC X EDITED. The Chilean legation here today re ceived a cablegram stating that the na tional congress of Chile unanimously approved by acclamation a preamble and resolution designed to discredit the insurgents' claims of regularity in their contest against the president of Chile, and the present congress. The insurgents claim to be acting under the authority of a delegation of the late congress, and the manifesto of the present congress declares that such delegation is non-existent, because, at alleged, the late congress never dele gated its power, and had it done so, the act would have been unconstitutional. The manifesto recites the immunity of the president under the constitution from deposition, and that his term con» tinues until September 18th next; thai he is acting within his powers to pre serve order, and does not pretend to ex ceed the period of his incumbency, Finally, the manifesto announces that "We consider as violators of the , constitution and laws of the country, all members composing the revolutionary board, and all those assuming the char acter of their representavies as minis ters of state or diplomatic ministers, against the constitutional government; squandering public wealth in the rebel lion which they are waging against the credit, peace and welfare of the public." THE BEBELS DEVOID OF MORAL FORCE. London, June 23.—A dispatch pub lished here today from the Chilean gov ernment says the rebels have lost all moral force and that all action upon their part in the south has ceased. On the other hand the dispatch states that President Balmaceda istakingsteps to increase the strength of his army and that the loyal warships are attacking the rebel ports, while the rebel squad ron avoids fighting. In conclu sion the statement is made that the rebels are prolonging the war solely to enrich themselves with the nitrate deposits at Trapaca. Nineteen prov inces, it is further stated, are under the control of President Balmaceda, these provinces being inhabited by 3,000,000 people, while the rebel provinces are only inhabited by 150,000 people, one half of whom are said to be foreigners. BRITISH AID FOR THE INSURGENTS. New York, June 23.—A correspond ent at Iquique telegraphs his paper that Balmaceda is likely to have trouble with the British government over the collec tion from a vessel flying the British flag, of duty on a load of nitrate brought into Tocopilla. The British minis ter has made a vigorous pro test. What action Balmaceda will take cannot be learned, but probably he will return the money. The corres pondent also states that it would seem that the British government is doing all in its power, without resort to arms, to aid the insurgent cause. He further states that the prospect looks very gloomy for Balmaceda. WORLD OF SPORT. Nomad, the Los Angeles Colt, Wins a Fast Race. Nomad, the Los Angeles 2-year-old, owned by L. J. Rose, won a slashing good race yesterday, at Sheepshead Bay. a his makes the third stake won by Nomad. The meeting yesterday must have pleased the owner of Nomad, as it showed clearly that the colt possesses stamina and endurance. Three-quarters of a mile in 1:12 for a 2-year-old at this time of the year is a slashing good performance, and unles the writer's memory is at fault is the fastest % of a mile ever run by a 2-year-old this early in the season. • *»» The telegraph brings word that sev eral matches were made yesterday. Here is a tip. "Young" Mitchell will beat Gallagher and McLean will out row Peterson. TURF TOPICS. A Valuable California Filly Killed at Chicago—Nomad a Winner. Chicago, June 23.—Mile and a six teenth—Virge DOr won, Racine second, Alapo third; time, 1:48%. Maidens, three-year-olds, mile—Hagen first, Kendig second, Zenderthird: time, 1:43' 2 . Lakeside stakes, five furlongs—Miss Knott first, Bracelet second, Chaperona third ; time, 1:02K- Handicap, nine furlongs—Myfellow won, Blackburn second, Brandolette third; time, 1:55 V. Six furlongs—tirst heat: Mabelle first, Lake view second, Borealis third; time, 1:15»4. Second heat: Mabelle won, Kaiser second, Lakeview third; time, l:l(t'1. Miss Carr, a 2-year-old filly of much promise, by Wild Idle, while exercising this morning ran into a fence and re ceived injuries from which she died an hour later. The animal was owned by Jessie Carr. of Salinas City, California, and was valued at $3000. NOMAD WINS A GREAT RACE. Sheepshead Bay, June 23. —Mile and sixteenth—Ritual first, Sirocco second, Adventurer third; time, 1:57 3-5. Mermaid stakes, mile and furlong— Equity won, Flavilla second, Ambulance third; time, 1:56 3-5. Mile and three-sixteenths—FrOntenac won, Drizzle second, Reclare third; time, 2:01 4-5. Coney Island stakes, mile and furlong —Kingston won, Potomac second, Saun terer third; time, 1:59 2-5. Futurity course, three-quarters of a mile—Fremont won, Ermintrude sec ond, McCormick third ; time, 1:12. Zephir stakes, three-quarters of a mile—Nomad won, Rex second, Air plant third; time, 1 :12. Handicap on turf, mile and a quarter -rßaceland won, Tea Tray second, Ven geur third; time, 2:09. The Fall Blood Horse Meeting. San Francisco, June 23.—The Pacific Coast Blood Horse association have fixed the date of their fall meeting for October 24th. There will be racing every day during the fortnight following. The purses are to be big enough to at tract the attention of eastern horsemen. Sports at Riverside. The Riverside Athletic club has ar ranged a programme of sports for the Fourth. The events are open to all am ateurs. Prizes will be given for the dif ferent competitions. The programme is as follows: One hundred yards, 120 hurdle race, one-quarter mile safety bicycle, putting sixteen pound shot, 100 --yard manx race, running broad jump, one-quarter mile bicycle, 220-yard dash, running high jump, and hop, step and jump. BASEBALL RECORD. The Giants Almost Annihilate the Bride grooms—Other Games. New York, June 23. —The Giants went to Brooklyn today with blood in their eye, and they fairly annihilated the Bridegrooms. New York, 11; Brooklyn, 3. Batteries: Russie and Buckley; Terry, Hemming and Kinslow. THE BEANEATERS AND THE QUAKERS. - Philadelphia, June 23.—The Phillies defeated Boston this afternoon in one of the best played and most exciting games of the season. Score: Boston, 2; Philadelphia, 3. Batteries: Getzein, Bennett; Espeer, Clements. ANSON'S COLTS DO GOOD BATTING. Chicago, June 23.—Anaon's colts de feated Cincinnati this afternoon by good batting. Chicago, 5; Cincinnati, 2. Batteries: Luby, Bowman; Rhines, Harrington. • THE SPIDERS ARE IN IT. Cleveland, June 23.—The home team pounded the ball in every direction to day. Galvin was injured in the fourth and Baldwin took his place, but with no better success. Score—Cleveland. 14; Pittsburg, 5. Batteries: Young, Zim mer; Galvin, Baldwin, Mack. AMERICAN ASSOCIATION. At St. Louis—St.Louis, 0; Cincinnati, 6. At Washington—Washington, 2; Ath letic, 3. At Columbus—Columbus, 4; Louis ville, I. WESTERN LEAGUM. At Omaha—Omaha, 15; Minneapolis, 9. At Denver—Denver, 6; Sioux City, 2. SPORTING NOTES. Fight* Arranged at San Francls'eo— Sculler Ham Is Dead. San Francisco, June 23.—The Occi dental club last night matched middle weight Young Mitchell, of San Fran cisco, and Redely Gallagher, of Denver, to fight to a finish in September, next, for a purse of $5000. Billy McCarthy, the Australian, and Aleck Greggains, a local middleweight, have been matched to fight July 21st, fDr a $1500 purse. John McLean, the Australian, and Henry Peterson of San Francisco have been matched to row on the Frazer river, near New Westminster, B. C, August Bth, for $1250 a side. Halifax, June 23.—Albert Ham, the well-known sculler died at his home in Sambra yesterday, of hemorrhage of the lungs. NOT DISSOLVED. The Mormon People's Party In Utah Still ln Existence, Salt Lake, Utah, June 23.—President Woodruff, of the Mormon church, and George Q. Cannon, another Mormon of ficial, asserted in an interview today that there is no truth in the report that the so-called People's party of Utah, the membership of which was wholly Mor mon, was dissolved by the direction of the church. President Woodruff said: "We disclaim the right to control the Eolitical action of the members of our ody." He declared that he favored the sepa ration of church and state. TELEGRAPHIC BRIEFS. A call for a state immigration conven tion to be held in San Francisco August 24th, has been issued. Mrs. Leland Stanford has given $100, --000 for the permanent support of five kindergartens in San Francisco. Premier Rudini has consented to de lay the issue of his green book on the New Orleans affair, in order to facilitate negotiations with the Washington gov ernment. J. F. Blanchard, of Los Angeles, who was arrested at Merced for perjury in the Ivett murder case, has been held to answer in $8000 bonds. Bondsmen could not be secured, and Blanchard is in jail. Superintendent Dimond, of the San Francisco mint,has received orders from Mint Director Leech to suspend local pnrchases of silver for the present month. The books are also closed for the receipt of crude silver, and Thursday will close the receipt of bullion. A suit with an artistic cut and fit, first-class workmanship and linings, can be had at H. A. Getz, 126 W. Third at. OUR SPECIALS THIS WEEK, $12.50 and $13.50 Mens' Suits, cut to - 89.45 $15.00 and $16.50 Mens' Suits, cut to - $12.15 I $17.50 and $20.00 Mens' Suits, cut to - $14.30 jf These are without question the Greatest Bargains j Ever Shown. See them in Our Middle Show Window, and Don't |j Overlook Our Line of f BOYS' SUITS. I Cor. Spring and Temple Streets. j $30 $35 SUITS .^^^SUITS. We have Just Received a very Large Stock, of the Celebrated McGregor Scotch Suitings, in all the New Colorings, which we are making up to order in the popular Cutaway and Sack Suits, at the above prices. These Goods are Handsome and Durable. TAILORS AND FURNISHERS, No. 113 South Spring Street, Adjoining Nadeau Hotel. SOME OF THE REASONS WHY The Mutual Life Insurance Company OF NEW YORK IS THE BEST LIFE INSURANCE COMPANY IN THE WORLD, Because it is the OLDEST active Life Insurance Company in the UNITED STATES and has done the moat good. It is the LARGEST and BTRONGEST company in THE WORLD. Its assets exceeding one hundred and fifty millions of dollars. It has paid in dividends alone over eighty-five millions of dollars; an amount greater than the total dividends of the next two largest companies in the world. It has paid more Cash surrender values to its retiring members than any other company. Its total payments to policy holders exceed the combined payments of the next two largest companies in the world. It has more Insurance in force in the United States than any other company, and has more policies in force in the State of California than the next two largest companies. From organization to January L 891, it has paid back in cash to its members and now holds securely invested for future payment $451,370,159, OVER SIXTY TWO MILLIONS OF DOLLARS MORE than ever received from them, besides paying all taxes and expenses for the past forty-eight years. A record not even remotely approached by any other company. It issues every legitimate contract connected with human life and its policies are the most liberal and profitable known to underwriting. For rates or description of the company's bonds, consols, and investment securities, or life and endowment policies, address, giving date ot birth, Southern Department, Pacdjic Coast Agency, Los Angeles, Calif., 214 South Broadway. Telephone 28. ALBERT D, THOyAS, Makageb. GEO. A. DOBLNSOS, Local Agent. Tj'IOR HELP WANTED, BIT " uations Wanted, Houses and Rooms to Rent, Sale Notices, Business Chances and Profes sional Cards, see 3d Page. FIVE CENTS.