Show T KES STAND ON f HIS OWN ON BEHAlf 1 Charles Cha rles W Morse Startled I When His Name Was Called Galled in Court QUESTIONS a FIRED TIRED AT HIM FINANCIERS VOICE FAILED AS ASHE AS ASI ASHE ASHE HE ENDEAVORED TO REPLY REPLY I I a New York Oct OcL 29 Charles W Morse who with Alfred AUred H II Curtis for former fora J a mer president pr of the National Bank o of North America Is on trial in the inal Ina Sn l branch of th the United States clr cir cult court on a chart charge of oC conspiracy t rd 4 violation of oC the national banking I s took ook the stand In his own ow defense ia f n VV W e n his name was called ca calle 11 e d 1 late In a Vie today n VV W e n his name was called ca calle 11 e d 1 late In a Vie today eh h prang from his chair startled looked Inquiringly n ly Iy ato at o and am when tI latter lattera nodded nedd head affirmatively hurried a the witness stand a Houghs II bench and moved r In Irr his seat s t while the lawyer lawyers lw r were framing questions to ask hlin tR After preliminary Interrogations ors lIDS the forthe government f o so rapidly that that the theta I ta aJ i 8 voice olCe failed railed him wh tt he hered heva hei va i l V Vred red to answer them Z was kept on o the stand stan un 41 He related how he rajni Lii tg have an Interest In the Na Naf 1 f nl of North America saying that thai h he secured It In the consolidation bf it 1902 i iNo No Experience in Banking H aid sald ld that he hart had no experience l l t l i tr e of banking j Mr fr Ir lEo O said he not a salaried officer toc of the bank and knew nothing of oC the thel lagal l gal exactions covering national bank mg hig He Ho explained that after 1905 hf hr had bad accepted an office in the directors rooms In the new bank hank building The financier then told of ot forming v the acquaintance of ot Mr Ir Curtis and o Mr Wire Iro I had confidence In them themy and used my Influence to have them y made president and ald cashier of the hank bank he said TM He lIe testified that he knew nothing of c the o banks method of ot bookkeeping boo e n and andI I admitted that he saw aU the loan sheets J i only a few tow times each yeary year rear y v c My Iy secretary Kate A Wilson Nilson and my former secretary Arthur Braun attended to my personal and private r affairs attal said the Miss Wilson kept my m bank account a co nt straight Connection With Ice Company Mr Ir Morses counsel then asked a number numb of ot questions regarding the connection of oC Mr Ir Morse Mors with the thet t American Ice company compan since Its forma formation tion In 1898 or 1900 The company c was wasI r J Z I then paying dividends he testified and 1 dealt principally In natural Ice A dif dlf terence ference In the tho demand came In 1902 ho he said and artificial Ice was all theca the tle ca market wanted That effected a change jin rt in the tho business of oC the company i As this line of oC questioning was continued con n I It finally led up Ul to the loans made to John S 3 Carroll by the Nation nol I Bank of North America Amerl amounting J to at one time In explaining it the Carroll loans he said they were v Secured by shares of ot Ice stock Mr r Morse told of ot a plan to buy half hat Of oC the Carroll stock at 30 a share and v Rive Five the bank the tho profit of ot the tho deal Then Thon he purchased shares of ot Ice stock ho he said at 40 a share for t r Mrs i i Gelshenen Bank Got the Profit a i What became of oC the profit of oC 10 a ashare ashare hare share asked Morses lawyer lawer I gave It to tho the bank answered the financier The Tho loans made to Leslie Whiting tide t le clerk In a brokers of o flee was then taken up and amI Morse said sald that the first loan of ot to the youth was as made at his Morses M re request quest and was an accommodation bor borrow borro borrow row ro Mr Ir Morse told of ot how the loan made to Whiting had been used to take up 2000 shares of oC Carroll Ice stock The Tho t second Whiting loan of or was se secured cured by b 2000 shares of oC Ice stock be of oC the Carroll stock he heMr heMr Clr Mr Morse had purchased Hough at this juncture ad adjourned court u p Before Mr Ir Morse testified Colonel iB H R M Thompson a former director of oC ithe UI titre National Bank of oC North America iWas was on the stand and District At pr r V ncy ney Stimpson asked askel him If the holding for tor the American Ice com cm Jan had been characterized as a n trust l Somebody Get Stung 4 An evening newspaper has sq t kar har It answered Colonel son t Not until the attorney general was caught short In the stock market and andr r was stuns stung was waR the response res one 4 After Att r court had adjourned Colonel Thompson sought out the newspaper amen fomen and said that his testimony re arding the attorney general had been and that his answer anSer to the question Did not say 5 the at ath h orney general of the state so charac and should have been entered on the court records as Not ot until some politicians who were acquaintances of ot the attorney general Were caught short In the stock market and stung Colonel Thompson said that he had no Ito knowledge that the attorney general had ever eer speculated In the stock mar market market markeL ket keL I |