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Show CONVICTED BANKERS " WASHINGTON, May .-President Taft tonight denied the rfr f ChadeS W" Mors of New York and John nm . i ,CaJFJ th? tW- m0St Prominent bankers ever convicted and sentenced to federal prisons under the national banking laws 2ot only did the president refuse to pardon them, but he also declined to exercise any other executive clemency in their cases to shorten their sentences imposed by the courts T,.ih-nnnidSyin-B H pard0ns th(; President took a firm stand that Iffon ?i g laW r Eny ther laws must be uPheld when they voZrl , w"?, eVGn mrue thnn when the' nffect the poor. The record m the Walsh case the president said, "show moral turpJ- Hn. h t- in?d,0US Qnd dan?ero kind, to punish which the national na-tional banking laws were especially enacted." w uu. ua '" uuuaiueuus me case oi .Morse, the President said: "From a consideration consider-ation of facts In this case I have no doubt that Morso should have recelvod a hoavier sentence than Walsh Indeed, In-deed, the methods taken by Morse tend fb show that more keenly than Walsh did he realize the evil that he he was doing." The President's denial of the par-dons par-dons does not mean that the men musi, stay In prison- until the end or theh' terms. Walsh began a five-year son-teace son-teace in Leavenworth penitentiary in January, 1910, and under the federal fed-eral parole law Is eligible for parole next September, the President's action tonight having no bearing whatever upon the future application for parole. Morse also began his fltteen-year term in the Atlanta penitentiary in January 1910. In denying his application applica-tion the President granted leave to renew It after January 1, 1913. Under the parole law, Morse would be eligible eligi-ble for release in 1915. Make Strong Efforts to Get Clemency. Both Morso and Walsh made strong efforts to have the President exercise clemency. He was besieged by friends and attorneys of both. Mrs Morse got up a monster petition, which was signed by scores of members mem-bers of congress and other leading pei sous. Former Senator Hale, of Maine, did much In her behalf. The pleas of Ill-health and reimbursement reimburse-ment of all depositors In the Morse and Walsh baaks were made In both cases. Both applications were closely scanned7 at the department of justice by Attorney-General Wlckersham and his assistants, and were read with care by the President His. action was in accord with the recommendations of Mr. Wlckersham President's Message. In denying the Walsh application the President said In part " John R. Walsh waB convicted of misapplication of he fundB of the Chicago National Bunk while Its president. presi-dent. " His pardon 1b asked, first because his violations of the laws were technl- 1 cal and did not involve moral turnl- ' tude and secured him no financial benefit. v " Second, because all the depositors of his banks -were paid through the sacrifice of his personal fortune. " Third, because he was, in doing what ho did, attempting to upbuild i industries of substantial benefit to the j country. j "Fourth, because he is an old man, jj in ill health, not likely to live long, jj aud one who has borne'a good reputa- j tion and lived a life of simplicity and j, not of self-indulgence. i 1 rw, ' . |