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that of comptroller the Riggs Bank said case justice in the three hands weeks of that and the department Liouis of D. Brandeis, national promi Boston first ago, who achieve railroad rate innence in the counsel for shippers. counsel crease case as as special not had been Williams engaged said that matter he would into the Mr. carried the attempt by the newspapers have but forian the impression Riggs bank to create made a martyr. that it has been alleges that but activi- for The comptroller limiting certain bank the his action in of the Riggs would ties on the part depositors the results to the bank's He says that to only to the bank compel have purpose been serious. of his office end has unlawful been extracts practices Mr Williams contributes the bank from his from letters charges sent to the Riggs running bank, office. He of these letters, with private wire a in brokerage one shop, and with two a private tele- He New York rokerage offices to into local sums were loaned charges phones that large on speculative by the Riggs bank of the bank for and one to curities to Among lists St. clerks. of $63,500 the comptroller common and Louis loan and San Francisco Rock Island common In Copper, prefet and preferred, rred stock, Missouri Inter Continental Pacific, spiration and American Can. Rubber Speculation Was Induced the executed The Charges comptroller alleges orders that for others enter Riggs bank voung men clerks and into stock for women, who were induced the to sake of the com- He speculation realized by the bank. loaned missions nearly $1,000,000 was securithat and other says on stocks speculato women of them highly man who ties, many cites the care of a issues, on paid tive. $27,000 He for Rock Island he lost $25,000. last asked which Comptroller Williams statement was had after his formal explanation of the night issued for an officials been by the Riggs Bank constantly charge although he had year been with their the of conduct to finding that, fault for bank and had it been as instruct changes he asked by the bank desired, he had for made imsuggestion to no constructi He was asked also why, the provement. charges against to in view of the stigation looking prosecutions banin, an invest had not been initiated conuntil recently letters show that evidence I was of misto stantly My pointing out the bank, said Mr complained tended management Williams. The practices over a long period, recentof have our investigation has I put only the evily and been completed bands of the department dence in the several weeks ago. of justice of Veracity Arises. direct Question issue of comptroller veracity between in the the A bank and the conversation regarding articles matter of the for newspaper part responsibility comptroller for his the Company transcriticising Munsey Trust Mr. Williams's in the was alled to asserted that action The bank Vice-President attention. Glover and for the President responsibility Mr. WilAiles denied publications. was liams's newspaper explanation last night the for counsel Reserve this "Mr Elliott, now Board; Mr. McAdoo as recollection and Federal have the said. game First Mr. of Ailes the denied to what that was he knew the anything department's attacking States Trust stories action in the United Mr. McAdoo said this to Company Please sale. be careful a copy about of the him, now, and handed Ailes him said he had And read you paper Mr. true. the story, and reporter it was about it. 'Yes, didn't I told the asked Mr. McAdoo. the of bill you? did.' said Mr. sensational Ailes. story complaint told by While the bank only in its to an incident Decem- in dates back McAdoo's Washington office in has ember, Secretary 1913, talk in events as having had braced earlier do with the differences and the something the to Riggs currency Bank and Alles between comptroller of the Enemies Williams been recalled that a banker when It has Williams, then from the Comptroller Va., resigned the of of Richmond, Seaboard Air Line, Ryan, Fortune controlled directorate by Thomas by Milton E. Ailes, succeeded Riggs National vice-president he was went of into the the directorate interests Bank, who Seaboard New National the to represent the City Bank, of Riggs by of the holds stock in ViceYork, which represented appeared President Bank, also Alles. Mr. Ailes on bank. before the Senate in opposition Williams's to and currency of Mr. the the ing confirmation comptroller of by nomination as it was suggested he may currency, and testimony that of Mr him in incurred his the enmity fact of Mr election Ailes's have Williams through to the the Seaboard imdirectorate recalled also that the press first issued It is statement to secretary the of the a portant by Mr. McAdoo as virtual accusation had to obtain treasury that the was National City a foothold Bank in the currency's the attempted comptrolle a young of woman City who National office through by the national in made banks to copy was employed the public response reports of to calls of the comptroller. in the comptroller case include of The documents from the and many letters to the Riggs Bank more the currency bank responses, making among them by sent letter 9 in than the 500 printed pages, the bank to Comp- which March a troller Williams of on "a dellberate possible." purhe is accused this bank, if to wreck Comptroller Williams pose this letter favoring another In charged with while pursuing Riggs Bank bank is name not given The allegation is said McAdoo my the made that purpose Secretary to withdraw the Riggs all government "it is funds and from that, in addiNational Bank, out this intention the tion to carrying withdrawal of American he caused Red the Cross deposits and the
