Show TELLER DEFENDS THE RICH some Sonie of Them Practically Put Up Their The Entire Capital to Tide Over Possible Panic Ir IrR I i R PLED TO SENATOR STONE TONE I I IC I t ni II I I flu ted j In III I ii Matter at Of ot 11 Jan Jun Sonah ho or of MI today tudy presented of government deposits In III IIIi i I to it show tho of money mOlle during the tho recent re rc ent out cut was fl not nuL equitable i I M con tempi i l by b tho the law aw governing gOI jb He B that l hat II Hl vt n SI wore a white uw York Vork uti ton on w ir f od Ills IU 11 J ii l his r pending p In thu I r II to LO i if d report these transactions Ur Jr t Stone that th the liens ury t had In III three t and nini one half balf months placed in lii Inc lM bAn inks of ot New Ne Nc York YOk In order ordel taut loan It out und un St Ht Louis hull hod 1 told Lol him hini that while their niOne ne waS wa out of ot their reach leach in the tho banks binks they thc had gone gono to that ami had hlll bought currency there I 1 t to lo 2 per cent for it Three pr PT cent cellI vu as paid declined cM Ehtor i I 1 I Teller feller upon the conclusion of ut Mr Humes fl speech said he believed lh trouble hud l irom the banking system istein of ut tuo iiI nut lint hail had not grown out of oC thu tho administration of law lav lawIt lavIt It Is IA possible ho sail Bald that thaI tilt tho lrea ar department did not noL the Ioney In proportion cither to the tho IlI II I or ti but v all QU str center of ot the t I bI W V did not need any n ny mon Icon IconI rl j I in III th vet Colorado did not lInt need neeti moM nane It Is Ia stated that Colo Cob Colorado Colorado rado li id In III New cw York If It r true that thal was aH thou own fault tault HH kM thu thelo a auve wore uve other cities In III which kept keitt funds The too tee was IS how iov It could best lett hc t servo the public tn lu tort III in tile the distribution of or O tins tills money In lIl jn m judgment thu tho llor n senator the tiie of or tilt could not hot have hao nerved the Lilt belter bolter than Until by putting tile money In III Now New York city otlY There wore 12 1 or ir H huRt Hunt companies there that wore III In condition to LO go BO to tu tho the willi ull They needed tile llio money The banks l to their relief If lC they tiie had bud tailed failed there Uuro would have hll ve been u at failure of oC banks practically nil H over ocr the ii country Tho Tue In lit the tite west wesL had us tiit much Interest I In III I ii t hung the integrity or of these thello trust companies as us the tho people In III Now York This liula M I Ii the ape tuge n 1 of criticism of oC peo people 1110 who money They have been charged with having brought on out this panic Some oC of the tho rich men of oC this who been bee II paraded In III the tho magazines I UH at people I rich ll h put nut up till practically their entire to lo title ovet possible panic One man ilium put up till II Somo of It thene rich men rile II 1 havo huo mudo a IL u great deal ot of monty by b letting the bunks fall The Tue then tl t iii con udder alder tile the code cotI bill hili cud and at lit litH atI I H 11 p ii I in Ill adjourned adjourn cd until Monday |