During the recent investigation of the bankrupt Manhattan brokerage firm of Kardos & Burke, the most notable witness was the junior partner, John Burke, thrice Governor of North Dakota and Treasurer of the United States under the Wilson administration. Mr. Burke waived immunity to come from Montana to testify concerning his part in the operations of the firm. He told a pitiful tale of ignorance concerning the affairs of the notorious bucket-shop of which he was a partner, and concerning the results of its failure upon his personal fortune.
” I want to lay all the cards on the table and do everything I can to aid the District Attorney in his investigation,” said he. ” What hurts me more than anything else is that I, John Burke, the former Treasurer of the greatest nation on earth, should have my name connected with a brokerage house which went to the wall and wiped out the money put up with it by many small investors!”
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