Jasper County Democrat, Volume 7, Number 36, Rensselaer, Jasper County, 10 December 1904 — CARNEGIE'S NAME FORGED TO NOTES [ARTICLE]

CARNEGIE'S NAME FORGED TO NOTES

Ironmaster Did Not Write Signatures Attributed to Him. r~ RECEIVER LYON IN NEW YORK Will Neither Affirm nor Deny He Has the Two Carnegie Notes with Him. Banker Beckwith In a State or Col* lapse at Oberlln—Declares He Believed That the Notes Were Genuine. New York, Dec. B.—Mrs. Cassle L. Chadwick was placed under arrest at 6:25 o’clock last night by United States Marshal Henkle and Chief Flynn, of the secret service. The arrest was made at the instigation of the federal officials of Cleveland. The charge is “aiding and abetting a bank offldul In an embezzlement.” New York. Dec. B.—Mrs. Chadwick has been held in $15,000 boil by the federal court and the case postponed to Dec. 17. If bail is not furnished she will be locked in the Tombs.

New York, Dec. 7. —The startling admission by President C. T. Beckwith, of the Citizens’ National bank of Obcrlin, 0., that he and Cashier Spear, of that bank, indorsed Mrs. Cassie 1.. Chadwick’s noteA to the amount of $1,250,000 and thA they bore what purported to be tbe signature of Andrew Carnegie, bas astounded tbe New York lawyers representing tbe various Interests Involved in a case which becomes more surprising with every new revelation. That President Beckwith's statement brings to. light new and important phases of tbe case and brings much nearer the inevitable uncovering of the entire affair Is the belief of a majority of the attorneys interested.

Keoeiver Lyon Arrives. Frank Lyon, receiver of the Oberlin bank, arrived in this city, acconqmnied by F. F. Oldbum, a lawyer of Cleveland, counsel representing the United States comptroller’s office at Washington, und I. K. Whitney, a builder of Oberlin, and a depositor in the Oberlin bank. Mr. Lyon would neither affirm nor deny that be had with him two notes for $750,000 bearing the name of Andrew Carnegie. He declared that his business was not with Mr. Carnegie. Andrew Squire, counsel for Iri Reynolds, had a conference with Mrs. Chadwick at the Holland bouse. At its conclusion he said: “I am ns much up in the air as any one.’’ Further than this be had nothing to say. Has Nothing to Add. Andrew Carnegie said that he bad nothing to add to his previous denials of the signatures of the notes attributed to him. He said that he had not seen Receiver Lyon, nor any one else officially connected with the case. He said that he would be glad to see Mr. Lyon or any one else connected wltb tbe affair and added: "If any United States government official will come to see me lie will receive a very gracious reception.” Mr. Carnegie intimated that he desired to see the receiver, or any government official concerned in the proceedings against Mrs. Chadwick, in order to make clear to them his declaration that lie did not write the signatures attributed to him. Beckwith in State of Collapse. Oberlin, 0., Dec. 7.—President C. T. Beckwith is in a state of collapse as a result of the trying ordeal through which he passed in connection with his hearing before the United States commissioner at Cleveland. Beckwith's grief is pitiable. In discussing his troubles the voice of the aged hanker is eiioked with emotion. In speaking of the alleged Carnegie notes he declared that if the signatures were forgeries the hand of the law should be laid upon Mrs. Chadwick. “Why should I stand the brunt of all this trouble, which has been directly brought about by the acts of that womanV” he cried. “I had every reason to bellete that the notes were genuine. Swore Notes Were Genuine. "Indeed, Mrs. Chadwick swore they were. She solemnly declared that sbe had seen Mr. Carnegie write his signature on them. To eotlrm this she brought an attorney with her who declared that he was the legal representative of Mr.-Carnegie, and this attorney. whose name I cannot state now. declared that he knew positively that the signatures were genuine! “It is true that we—Mr. Spear and I—did indorse tbe notes, but of course we had no idea that they were to lie put to tbe use they were afterward. Then, again, we had tbe positive assurance of Iri Reynolds that he had the securities Mr*. Chadwick claimed he bad.”