The lri:il in.'iK- :i c! max *n .1 Am-.s
standitii; fi>i!ii*i Ih mvo.'h tl<. 1 rcasury
Dppai'tnirnl .? 11? 1 tl ? l'.in) li follows
a civil euit in ivlinli the KlifRs Hunk
eharfied Si n l.iri ?? f tin Treasury Mi'
Adoo unci ('omptri'lli'i- of the I'crrenry
John ShMUm Willi .mis v\ith conspiracy
to wreck >'
.Tustlcc Sltl?l'>r.s MP ;.vi> .-'1 the defeu'o
thin ?n<"?rnit '' v i;T tin ann.'tini-einent
that the. Jhir> would he '??? l<cd tip- Tins
has not I ??? i ?? h'-re since l'"'*
SAYS IMNK < MlltlKII ON
STOI lv IIIHIKI'.IIAI.i: 111 SIM'.MS
F n his .;'.iii't: :-l .it I'liu'iit fur the
prosecn t ion 1 ni'.il St:!.!.-.- Attorney
John 1" L;.fKf-y disclosed that the gov
ernment intotitis to no carefully into
the relations ..f the hank with l.nwis
Johns on it <" ?. ami l" iry to establish
tlint "a nt . t; broekoraut: business war
beinp transacted in th?? AianAi anil with
tho knnwlodfio au.i throtiuh the action
of ofliclal.-"
Attorne> John 1' Stanchfleld. of New
Tork. deliver,.1 the opening addrcs-s
for th* defense lie explained that,
prior t(> when 11?o inst itul ion be
came a national hank, it wa? legitimate
for At t'? assist its customers* In mak
ing- investments l?* buying anil sell
ing- of stoeks When it became a na
tlonnl, lie explained. it was necessary
to adopt -??me method i.f carintr for
these demands of eust outers. The
method employed, lie said, was to per
mit tlio officers, in their individual ca
pacity, to perform these services. for
which the usual r "tnmission was .>rdi
liarllv eharsied.
