The man on horseback is a Hindu. To his right is a Mohammedan, to his
left a Parsee. This cartoon from _Punch_ depicts the loyalty of the
natives of India in the World War.]
“Many banks had been used to confuse and hide the transaction, but
the persons and agencies who figured knowingly in it are Bolo Pasha,
Ambassador von Bernstorff, and two bankers—Hugo Schmidt, former New
York agent of the Deutsche Bank of Berlin, who acted as Bernstorff’s
financial agent, and Adolph Pavenstedt, former head of the New York
banking house of G. Amsinck & Co.
“Of the mass of documents exhibited by Attorney General Lewis, the
most important was a letter written by Bolo Pasha to the New York City
branch of the Royal Bank of Canada on March 14, 1916, three days before
he sailed to return to France. That letter reads:
“‘New York, March 14, 1916.
“‘The Royal Bank of Canada, New York, N. Y.
“‘Gentlemen: You will receive from Messrs. G. Amsinck & Co. deposits
for the credit of my account with you, which deposits will reach the
aggregate amount of about $1,700,000, which I wish you to utilize in
the following manner:
“‘First—Immediately on receipt of the first amount on account of this
sum pay to Messrs. J. P. Morgan & Co., New York City, the sum of
$170,068.03, to be placed to the credit of the account with them of
Senator Charles Humbert, Paris.
“‘Second—Establish on your books a credit of $5,000, good until the
31st of May, in favor of Jules Bois, Biltmore Hotel, this amount to be
utilized by him at the debit of my account according to his needs, and
the unused balance to be returned to me.
“‘Third—Transfer to the credit of my wife, Mme. Bolo, with agency T of
Comptoir National d’Escompte de Paris a sum of about $524,000, to be
debited to my account as such transfers are made by you at best rate
and by small amounts.
“‘Fourth—You will hold, subject to my instructions, when all payments
are complete, a balance of not less than $1,000,000.
“‘Yours truly,
“‘BOLO PASHA.’
“That is how the $1,683,500, which was the exact amount Bernstorff
ordered Schmidt to place at the service of Bolo, came into the latter’s
actual possession.