Municipal government -- United States; Political corruption -- United States
That evening a conference was held in Governor Johnson’s office, and the
next day this story was told in the grand jury room by Charles H.
Turner, millionaire president of the Suburban Railway, and corroborated
by Philip Stock, man-about-town and a good fellow: The Suburban, anxious
to sell out at a large profit to its only competitor, the St. Louis
Transit Co., caused to be drafted the measure known as House Bill No.
44. So sweeping were its grants that Mr. Turner, who planned and
executed the document, told the directors in his confidence that its
enactment into law would enhance the value of the property from three to
six million dollars. The bill introduced, Mr. Turner visited Colonel
Butler, who had long been known as a legislative agent, and asked his
price for securing the passage of the measure. “One hundred and
forty-five thousand dollars will be my fee,” was the reply. The railway
president demurred. He would think the matter over, he said, and he
hired a cheaper man, Mr. Stock. Stock conferred with the representative
of the combine in the House of Delegates and reported that $75,000 would
be necessary in this branch of the Assembly. Mr. Turner presented a note
indorsed by two of the directors whom he could trust, and secured a loan
from the German American Savings Bank.
Bribe funds in pocket, the legislative agent telephoned John Murrell, at
that time a representative of the House combine, to meet him in the
office of the Lincoln Trust Company. There the two rented a safe-deposit
box. Mr. Stock placed in the drawer the roll of $75,000, and each
subscribed to an agreement that the box should not be opened unless both
were present. Of course the conditions spread upon the bank’s daybook
made no reference to the purpose for which this fund had been deposited,
but an agreement entered into by Messrs. Stock and Murrell was to the
effect that the $75,000 should be given Mr. Murrell as soon as the bill
became an ordinance, and by him distributed to the members of the
combine. Stock turned to the Council, and upon his report a further sum
of $60,000 was secured. These bills were placed in a safe-deposit box of
the Mississippi Valley Trust Co., and the man who held the key as
representative of the Council combine was Charles H. Kratz.
All seemed well, but a few weeks after placing these funds in escrow,
Mr. Stock reported to his employer that there was an unexpected hitch
due to the action of Emil Meysenburg, who, as a member of the Council
Committee on Railroads, was holding up the report on the bill. Mr. Stock
said that Mr. Meysenburg held some worthless shares in a defunct
corporation and wanted Mr. Stock to purchase this paper at its par value
of $9,000. Mr. Turner gave Mr. Stock the money with which to buy the
shares.
Public-domain text, read in full here on John Shaqi.
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