Comptroller Lacey Explains

Washington, June 15. - Comptroller Lacey in a communication to the secre tary oí the treasury explains why the Keystone national bank of Philadelphia was not closed sooner and claims there ís no ground for criticismo any oí hls actions. He also absolves John Wannamaker from any unjust dealings in the case. He says Bank Examiner Drew's reports did not reflect the true condition of the bank.