Jasper County Democrat, Volume 11, Number 23, Rensselaer, Jasper County, 18 July 1908 — ONE GOOD EFFECT. [ARTICLE]
ONE GOOD EFFECT.
A threat to public the campaign contributions and other political financiering has had a good effect in Pittsburg. The city and the state of Pennsylvania lost $2,000,000 by the failure of the Allegheny National Bank, and William Montgomery, cashier of the wrecked institution, was arrested. Last week Mr. Montgomery calmly informed Mayor Guthrie of Pittsburg and State Treasurer Sheals that the whole amount would be forthcoming. Montgomery is without funds and there was some speculation as to The source from which, the money was to corns, until it was made known that the Republican state machine was going to disgorge. The connection between the
party organisation and the crooked bank officials threatened jaake trouble for Senator Penrose, and the word was glrsn ont quietly that the state machine woiifd pay over the $2,000,000. It looks like a useless expenditure at that, for Exposure would hardly work Injury to the Republican party in Pennsylvania, whose people seem to expect grafting as an Inevitable accompaniment of public service, in fact, they appear to like it.—The Hooker.
