CAPE MAY HERALD, THURSDAY, DECEMBER 8. 1904.

7

ICKWITHJ DUPL Bank Pr—tdent Solvee Chadwick Puuia. 3AREGIE SQItt WERE FORGERIES

CLBVEUAND, O. Dfc. 6.-Nnm«r-soa a«w tuglr* hare deretoped In cootieoUoa with the affair* of Mr*. Canale L. Chadwick and the troublea of the Hoard dUaeoe' National bank of OherUn. O. Crealdcnt a T. Beckwith and Caahler Prank Kpear of the bitter lhitltntlon were brqpsht here frotu Oberiln by United htatee Marshal Chandler •ud a deputy. The bank offldals were later arraigned before United State* Commlaeioner 8tarek. Both pleaded not CUllty and waived a preUmlnary hear Seated in the office of the United Statea dlatiict attorney In Cleveland, 0.. President C. T. Beckwith of the failed Cltlimn' National bank of Ober11 n. O.. made a confession regarding die bank's transactions with Mrs. Cas lie L. Chadwick. Mr. Beckwith aald: “I am either an awful dope or a terrible fool. I guess there is no doubt about my being a fool. I know I tave (lone wrong and. although crushid to the rarth myself. I do not propose to be made a scapegoat to shield die sins of others. Further concealment of the truth cannot help any one. (f I thought It could my Ups would remain sealed as though I had been itrtcken dumb. The truth Is that otbrr* also must be called to tbe bar to inswer for their part of this terrible affair, nnd one of these whose answer must be had la Mrs. Casale L. Chadwick." The banker spoke In broken sen .enoes. and tears were streaming from ala eye*. His acquaintance with Mrs. Chadwick began three years ago. Tbe ittomeya for Herbert D. Newton, the Brookline (Man.) banker, hare stated that their client loaned Mr*. Chadwick money only after a note signed “AnSrew Carnegie" had been Indorsed by die president and cashier of a national sank. The men who Indorsed the note were President Beckwith and Cashier Spear of the Citizens' National bank it 0‘.«er1ln. O. Relating this matter Banker Beckwith continued hia story of the bank's transactions with Mrs. Chadwick w follows: “Tea, we Indorsed tbe note In addition to one other note for $500,000; but ah, God, never for tbe purpose for which they were used." “Do you mean to say that there are two $000400 notes In addition to tbe iota for $250,000r was asksd Mr. Beckwith. “Tee; notes aggregating $1,230,000 ” “It has not been generally naderitood that there were two notes for {500400," area suggested. “I know it I know tt but tbe notes aist Just the same." said Mr. Beckwith. “One of them la In tbe bands if the receiver, and the other ought n be in the hands of Mrs. Chadwick. If she baa disposed of it she baa done mmethlag which she swore ah# would »ot do. 80 please make it plain that a •oleum oath was taken that the notes which bear our Indorsement were nevir to be used by Mrs. Chadwick for the impose of raising money, and she mew it" “Mr. Beckwith, to correct hny wrong enpression, would It not Jbe wise for fou to state bow Mrs. Chadwick In loced you to place your signature **“My God! I would like to If I thought t wduld make It Hear. To tell the itory would be to tell the tale of tar-.

mg too much, but I must tell aomeihlng more. In every way we attemptid to make certain that w* were en(aged In a legitimate business transaction, tbe kind of a transaction a boatman would enter spoa with credit fo himself." “How about tbe attest held by iri Reynolds? Did you see him?" Mr. Seek with was asked. "Yes, many times. And what did we nrderstand? We underatoed by every word that everything waa all right and that genuine securities were locked up In tbe vaults of the Wad* Park hank. I deal knew how. Why don't somebody And out? That la the question, why don’t somebody And out? “Mia. Chadwick had secured big loans from many other bankers. Bbc had met these obligations. Would she not meet obligations to the Oborlln bank—my bank? "We prayed that she would, and we thought she would. “Rut now I guess the Jig is op, and Mrs. Chadwick has reached the end of her rope. It la bitter, bitter, to think that everything la loot. Oh. tbe pinching and the squeezing of the last few months, all to get money! No one can know of the torture of tt all. Personal property waa swept away, the savings of years, but what of that If only tbe bank where my friends did business could be saved. Receiver Nathan Loeser hat filed his bond, thus inaking him the legal custodian of all property owned by Mrs. Chadwick. Andrew Carnegie's secretary gave out another statement last night. In which tbe Ironmaster Insisted again that he did not know Mrs. Chadwick and had not signed any of her notes. In spite of tbe latest reports from Cleveind. “Mr. Carnegie la very angry at the unwarranted use of hi* name and wants It stopped at once." oald the rtary. "He states again, that be never knew Mrs. Chadwick or any other soeh woman. “He never signed any of her papers, and re|K»rta to tbe contrary are nntrue. He asks that this annoyance cease at once." It is reported that Mrs. Leroy S. Chadwick Is Is a state of almost total collapse In her apartment In the Holland House. Immediately following the service on her of papers In a writ of attachment obtained by Louise & Co., Fifth avenue mllllMry establishment. because of the return from Cleveland of a check for $1,000 marked 'No funds." the sent for Dr. A. A. Moore and spent the remainder of tbe day In bed.

and torture covering a period of over t year. To tell It would take a good kalf day, and in'my terrible condition 1 snoot attempt the task, he story before I go on the

▲t this point of the explanation of he old-banker's affair* he leaped from he couch where be had been lying and

I hia story, saying: “Whet will they think of me at my some town? Would to God I bad been he only dupe Instead of feeling the weight of condemnation from hundreds If depositors whose earnings have been •wept away. “Did we have tbe slightest suspicion hat tbe notes carrying tbs name of

to both of ns and oo* or morn wit* seams that she persanally aaw Mr. Carnegie sign his name to tbs notea abe placed before on. But ws said 1 we mast be sure. How are ws to know? The answer came la lam than two days, when a New Turk attorney appeared In Oberiin. who mid be was (he attorney of Mr. Carnegle-hls sperial agent. He vouched for the con seas of the Halms made by Mm Chadprick. We bad at least six confereacm with this lawyer, -two In Obcrtla and four to Cleveland. Perhaps 1 am say-

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