Note 189 — Chapter XIV · The Source of the Bribe Money.

Zimmer insisted at first that the total of the amounts which he turned over to Halsey would not exceed $20,000. Later he admitted that he had not kept track of the amounts, and the total might have been $30,000. This he increased to $35,000, and finally stated that it was “not over $40,000, if it was that.” He admitted that it would have been possible for Executive Officer Glass to have paid out $70,000 without his knowledge. “Checks,” he said, “could have been signed without going through me; could have been carried just the same as this tag account was.”

William J. Kennedy, cashier and assistant treasurer of the company, who had charge of the “tags,” stated that during February, 1906, considerable amounts were drawn out in this way, which might have totalled as high as $70,000.