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evidence officially branding brings criminal. At inquiry Moreland Commissioner before Moses. Di Paola exercised his constitutional rights and refused to on "redraw" and swer all questions With DI Paola expanding on Fer manipulations his payment certain persons allowing such practice continue, was given his that the Atlantic State Bank, the Ferrari branch in this borough, used clearing house for cashing spurious checks and juggling bad loans. Should Paola to all, he probably will give the nature the deal which Joseph Cohn. for Atlantic State business getter into possession of Bank, came check for He also tell of the transacmay that his Count Arturo panied by Magnoni, rendezvous on Manhattan street corner Magnoni Ferrari whom, "between five and promised to give thousand dollars. ten declared the Count Magnoni Moreland hearing salling for that day and Ferrari Europe the pier in his take Before rari "some the Atlantic State Bank from Says He Saw Money he Magnoni the bills, and that Ferrari had said this to that man must give at house, the banking my Magnoni then traced the money to within 15 feet of Warder where Ferrari the machine to walk meet the former State official, stood his face shielded street corner, paper. mentioned as the dium in deal to increase capital of the bank on authority of ization State Department, been identified by DI Paola. was but his real name divulged. District Attorney Pecora and other special pected to press Di Paola just what of the on 000,000 taken from the bank by Ferrari and loan system. be shown certain noteHe books memos found in the bank desks and his own which bear other names. The witnesses for the State will be about certain rectors and their of ing bank business, ported. termed the who man" crash. State's evidence yesterday turned after surprise visit office of Acting District Attorney Pecora. hour and half he talked For an without restraint the Grand Jury. of matters clearing up hitherto baffled investiwhich gators. testimony of the That his indicated by importance Mr. Pecora the close of when said: promised to tell the Paola whole and nothing but the truth, after testimony I'm he has done ex that. He has shed light actly number events which were eager Moreland inquiry the At the the bank testimony collapse adduced nocturnal visit the safe deposit vaults made Federico Ferrari, brother the Francesco Federico, the watch carried black bag the vaults on the authority Di Paola. He to Gennaro his panied since moved Jersey refused appear witness Moreland quiz. Despite repeated efforts trace missing the bank. More. officials unable learn the the total funds which Following his appearance before the Grand detectives were assigned to trail principals learned Another result of DI Paola's change heart is expected to the return unnamed the When the inquiry ended there were many gaps in and evidence to plug these holes expected to be given by the former The importance of DI Paola's tes timony was indicated when special session the Grand was called for today. The Grand Jury will sit all day to hear his story instead of understood that Di Paola briefly outlined dealings with Ferrari touched some the high lights developed inquiry. Today greater detail bare facts hitherto Paola's yesterday State's decided himself after Facing and ments, former cashier underfeared being made effort himself knew the bank's crash. the ground that might imQuestioned to whether Di Paola return for Pecora have bargain him. does have certainly made DI Paola the Grand sessions for Pecora the imminent results Monday Court Arthur Tompkins has been kept apprised and Monday told leading bank's Judge connection with the
