Show CLASHES MARK PROCEEDINGS i IN BANK CASE After H Heated Controversy With Court Former S Senator Bailey Presents Arguments Against Dismissing Action NEWSPAPER ARTIC ARTICLE E DENOUNCED FROM BENCH Justice McCoy Char Characterizes Published Report as Deliberate Deliberate Deliberate erate if Not Malicious' Malicious Misrepresentation of Facts POLITICS FACTOR IN CASE WASHINGTON May 20 Argument V V ment became contentious an and bitter toda today in the case of the Riggs bank against the secretary of the treasury treasur the tile comptroller of the curr cur- cur r ncy and the tho treasurer as former Se lator Bailey presented to Justice McCoy the banks bank's 5 opposition to the motion to dismiss the temporary in injunction injunction injunction in- in junction ranted granted against the treasury officials Mr r. r Bailey occupied the entire re da day in his discussion and will conclude his argument on the the law of the case tomorrow Just Justice ce McCoy let it be he known durin during dur dur- in jag ing the day lay that he lIe probably would take the case under advisement for some ti time e. e Mr Ir B Baileys Bailey's y s argument began with a a. clash b between h himself and JJ Justice Uce McCoy Mc Mc- CO Coy w which leh led led to the la r threat l to withdraw from frem the tho case cose after a 3 rebuke eb k from Ironi the bench Later as Mr Bailey Balle c continued he e was as interrupted interrupted inter inter- time after time by Sa Samuel uc of counsel for the defendants defendants defend defend- d- d ants who disputed his Interpretation of or the facts The interruption on several several sev sev- eral occasions precipitated rather heavy hean exchanges ge Denounces Nc Stor Story I Before the argument arg started tho at atmosphere atmosphere at- at i had been charged with tension tension tension ten ten- I sion b by a denunciation from the bench i of cf f a newspaper report of oC yesterdays yesterday's I proceeding which Justice McCoy characterized char char- d as Incorrect and deliberate i If It not malicious The statement thus denounced b by the court was to the effect ef cr- that the court had ruled yesterday yesterday yester yester- da day that Comptroller Williams had exceeded ex ex- his authority In fining the tho bank for failure to make special reports Mr Bailey Balle began beg his argument by contending the comptroller In fact tact did not have havo power to tt n assess the tho penalty J If ho he had the power said the tho law lawyer er then we cannot get g-et tion But if it he had no right to impose impose impose im im- im- im pose It it he is wrongfully withholding our property and this court should In- In to protect us Mr Ill Bailey referred to Mr Ir Unter- Unter myer's myers discussion of ot the tho facts acts yesterday yesterday yester yester- da day as Inaccurate Counsel A Allege Malice lIe Ho did not net fairly state a single fact tact In his argument said Raid Mr Ir Balle Bailey I Ido Ido Ido do not mean to reflect upon him In Inan an any wa way I believe his misstatements were ere due only to his misinformation If It I had ever doubted the malice of the the defendants that doubt would have hae been removed ell b by their answers here and h by Mr Mi- Ir speech If It what they S say L is true this banks bank's charter should be revoked and the of officers officers of- of called to answer for misdeeds Mr references to a pipe pipeline pipeline pipeline line between the tho treasury treasur and the RIggs s bank and tho the National City honk hank Mr Mi Bailey halley characterizes as political accusations t on Mr Ir Bailey declared tho the withdrawal of ot government go funds from the RI Riggs s bank on the thc ground r that it was not nota iota a commercial bank hank was without legal eXcuse Th The Th commercial lal paper ho lie sail said was as not better botter than stocks and bonds In the assets of or a n bank Hanks Hank's Ionnis Attorn Attorneys s 's for Cor or the treasury officials he declared had distorted the showing of ot the loans b by bank to treasury of or- or 11 o s. s That we WC loaned money mOlley to tr- officials In the treasury sury department is true he ho said ald But these gentlemen g did dill not supply the whole record If It the they had looked further they would have seen that we wo lend mone money to men not ani only In the tho treasury but in all government departments If It they had looked further further fur fur- ther titer a again aln they would have found that we e lend mone money to members of oC tho the House uso and Senate without regard ard to political faith section or power If the tile facts wore that we loaned only to treasury officials there thero might be somo some claim that the tho loans were made to Influence in influence In- In fluence them Taking up the charge of Mr Ir Unter- Unter myer that the bank had prospered by defying practically practical ever every section of the tho banking law In Mr Ir Halle Bailey saidI said sold I I 1 challenge these gentlemen to pr c I that a single section of ot the bank act actins has ins boon violated except the tho Inconsequential deficiency of reserves ad adro all all- wilted ro I t ted The charge that officers directors or oi employees of ot the bank bonk held excessive loans was flatly contradicted by Mr Ir j Bailey Dalley |